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Hello this is Matt on the moon Lambo Channel xrp has hit a new low priced Against Bitcoin uh just within the last 24 hours and um you may recall that the Last time we saw a new low an xrp priced Against Bitcoin was March 11th and there Are a ton of analysts thinking that what Was probable and what everybody was Hoping for was that that would be the Lowest xrp would go priced against Bitcoin for that market cycle and so We've been watching it and it's it Looked good for most of the last month Of course but then yesterday tanked to The downside just a bit um nothing Terribly dramatic and at the moment I'm Recording this it's actually above that Level so we'll see if the Bottom's Actually in but I I I'll just I'll Repeat one of the things right off the Bat before we get into some of the Specifics regarding this that I have Been saying throughout this entire time Period ever since it you know it's last Bottom on March 11th which is that even If that isn't the bottom because nobody Knows for sure as I've always Acknowledged the key takeaway is that Xrp does eventually find a bottom Against Bitcoin and I'm going to expand Upon that And every chart analyst that I follow Will tell you the same thing because They're all reputable and they're not
Talking out the rear sides the analysts That will say no this is a sign xrp it's Just going to tank it's going to be at The top 10 it's going to zero it Shouldn't even be in your portfolio the Analysts that say that even if they're Otherwise reputable they have xrp to Arangement syndrome and I'm I'm actually Going to highlight one such analyst Gloating about xrp hitting a new low Priced against Bitcoin even though History shows us that at these moments Even if you don't know exactly for sure Where the bottom is going to be it's in This this moment that xrp finally Reverses and goes to the upside and so What the hell do you think is going to Happen once Bitcoin stops consolidating Takes off and the entire asset class Goes with it don't you think altcoins Are going to substantially outperform Bitcoin It's just amazing what some people will Say it's just I don't know what it is But there's something about xrp it's Just xrp derangement syndrome because Reasons folks it it just is they despise It and it's just amazing because they Can have some of these anals they have Incredible hit rates with the rest of Their analysis in crypto and then They're just disastrously wrong about Any expectation they publicly set forth Regarding xrp it's really is amazing so
By the time the cycle is over these People are going to be looking pretty Damn silly Um but before going further I do want to Be clear I do not have a financial Background of any kind I am not offering Financial advice and you definitely Should not buy or sell anything because Of anything I say all right I'm just an Enthusiast who enjoy making YouTube Videos about crypto related topics but Just as a hobby and just for fun at the Time I record this video it is 3:57 a.m. Central Time Saturday April 6 2024 xrp is 59 cents Bitcoin is 68,4 bucks you got the crypto fear and Greed index at 75 out of 100 so as we've Just been consolidating sideways for What seems like a very long time at this Point I'm sure undoubtedly to many of You and I get you it's okay uh it's Going to be in the flash in the pan in The scheme of things but uh we're just We're just seeing that sideways price Action broadly speaking and there you go We're hanging around greed sometimes Teetering a little bit over the edge Into extreme greed and then back into Regular old greed there will be a clean Break at some point we're not going to Flutter around here forever and I've Made it very clear what my expectations Are major moves to the upside for the ENT higher crypto asset class including
Xrp just to be clear here's the xrp BTC Chart this is a one month chart so Here's the very latest as the time I'm Recording this so uh right now for those Of you looking at the screen this is Where I'm Circ right here this was the Bottom for xrp on March 11th this year And so we were hoping that it was Printing higher lows and some analysts Were saying well it might be it looks Looks pretty good and I highlighted a Lot of that along the way of course Nobody knew for sure but um you know CU Look look at this one a little bit Further back you could have said well Maybe that's the one then and then you You know fast forward another you know Five days and like it it went lower okay So we don't know for sure where the Bottom is but I will tell you this five Years from now when you zoom out on a Chart what you're looking at right now It's going to be well confined inside of A single candle and what you will see is That it will be the bottom you just have To zoom out on a chart over a Sufficiently long period of time to see That as we're zoomed in more this is you Know this is a one month chart well yeah It's it looks like it's all over the Place which which you'd expect but just Because it wasn't March 11th and I have Been articulating this leading up to This point it doesn't mean that this
Isn't more or less the place where the Bottom occurs and so you can see if You're looking on the right now uh it Did go down just a little bit below the Low for March 11th and at least at the Time I'm recording this it has popped Back Above So regardless of whether or Not the bottom is in the concept remains And so yes I I you know I would have Preferred if the analysts were were what They thought was most probable I wish That that had come to pass too but it Doesn't change the concept behind xrp Lags behind Bitcoin Bitcoin takes off And then xrp goes and so I shared a post Just a couple hours ago talking exactly About this I wrote The Following on Social media platform X xrp BTC hit Another low for this Market cycle yet Xrpusd bottomed in June of 2022 and so I'm saying is xrp priced in Bitcoin yeah Just hit a fresh low for the cycle Though not an all-time low and um an xrp Priced in United States dollars well we Saw the bottom for that chart back in June of 2022 the only reason that xrp BTC looks so bad is not because xrp Isn't performing uh you know reason well Enough you know historically against the Dollar it's because bitcoin's been doing Very well and the Market's getting hot And xrp historically legs behind as I Indicate here so I wrote historically Bitcoin has always rallied way before
Xrp in Bull markets is this time Different in 2024 in this market cycle do people Really believe that just because Bitcoin Has taken off in price against the Dollar before xrp has that xrp is doomed As it turns out yes there are some People who actually believe that people With xrp derangement syndrome I've Bookmarked their Tweets in my future Dunks bookmarks tab plant seeds and wait Laughy emoji and by the way I really do Have that I have a tab if you have a Blue check mark on X one of the uh Features that they give you to entice You uh to pay to have that blue check is That you can have separate tab set up uh In your in your bookmarks and so I took Advantage of that I created a future Dunk section and anytime I see a person Saying a bunch of BS nonsense about xrp I'm like I'll be back to visit you later And I just add them to the tab it's Going to be fun I have I'll have a whole Collage video of all the stupid ass Stuff that people are saying because They're deranged they hate xrp because Reasons they go out of their way to Attack xrp it's just amazing the hate For this coin maybe they feel threatened I don't know what it is not for sure but There's something wrong something is not Right in the minds of these people now Chart analyst chart analyst Krypt
Responded to my post and wrote the word Few and for those of you in social media Know exactly what that means it just Means few understand what I'm saying That's what that means and he shared one Of his charts from 14 hours ago and um And this is xrp priced against the Crypto total total market cap and and Frankly this does the same thing just I Mean it's in terms of what conclusion do You come from when looking at xrp Price Against uh crypto the crypto market cap Versus Bitcoin as far as I'm concerned It's the same damn thing but you can see What he's pointing out Here uh you know here's where we are in 2024 look where we were in 2021 and 2017 At these moments for the cycle where you Hit those lows that was the moment Before xrp blew up to the upside this That's why I keep saying this is the Moment so you don't know for sure where The bottom is going to be but you know Eventually eventually you find it it's The same concept concept with Bitcoin And So I responded to Crypt and I wrote Few indeed I know lots of analysts were Hoping the bottom occurred a few weeks Ago and we just dipped a a bit lower Briefly but regardless there will be a Bottom price xrp against Bitcoin or the Total market cap like you've done here And the result will be the same and he Responded to me Crypt and said exactly
With a little handshake Emoji we just Need time it won't take long and so I Understand it may feel like a long time Right now um I'm patient AF I've been Holding xrp for over six years as is the Case for many of my coins actually been Like same for Bitcoin same for E I just Hold that's it that's just what I do uh So I'm patient as hell I understand that For a lot of people this is going to it Might feel like it's taking a long time But I'm telling you again let a little Bit of time pass you're going to look Back on this moment it'll just seem like A flash in the pan that's that's how This stuff always goes you know it's It's it's G to go up though like Ultimately um and and and take a look at This too um here's the cone Co the coin Codex Website and they're showing the well They show a bunch of xrp data here Including price one of the things they Track is how well xrp is performing Against um the other top 100 crypto Assets over the last year and here you Can see and and they're saying that this Is a risk which is hilarious to me Because historically what they're Indicating here on the screen which I'll Read in just a second here what they're Indicating is a bottom indicator for xrp Historically so they're saying that's a Risk and I I'd say put that in the
Highlights column like honestly but what They wrote is outperformed so xrp Outperformed by 74% of the top 100 Crypto Assets in one year okay so there Are some that are doing worse and what What's it matter though you can you can Pick a moment in time you can pick a Moment in time if you want to but again I'm just saying if you look at historic Precedent this has been the time when it Finally goes and so take a look at what A very popular chart analyst in the World of crypto Jason Pino has to say 103,2 followers but he's got I can't Even remember how many subscribers on YouTube like several hundred thousand He's got one of the larger crypto YouTube channels out there and you know He comes across like a super nice guy Very knowledgeable and so you if you Watch his channel you be like oh yeah There's a thoughtful individual making a Lot of sense and he does with all the Stuff that he says which isn't to say He's right all the time no analyst is But you'd say wow that's a common sense Kind of guy until he starts blabbering On nonsense about xrp and they're like Ah it's one of the xrp derangement Syndrome guys and it is it absolutely is And it's amazing like I just showed you There obviously I showed you in coin Codex there are other coins that are Performing in the top 100 worse than xrp
Why doesn't he talk about them Ever when he talks about a coin that's In the moment not doing as well priced Against Bitcoin he talks about xrp it's Like living rentree in his mind it's Astonishing what these people do Here and so here's the latest BS from Him and uh he wrote The Following today The xrp community welcomes yet another New versus Bitcoin a huge thanks to the Public for buying more tokens while the Insiders continue to dump and so folks Think about this um I I don't know if He's try if he's just talking about Whales or this or that um I highlight The whale activity when it occurs and The whales within the xrp community the Whale holders like they behave the same As whales that purchase Bitcoin which is To say when the price is low they buy And then when it's high after it jumps Up they'll sell it's the same thing so If he's now if he's talking about Ripple That that's fascinating um he wasn't More specific so I I can only speculate Here if he's talking about Ripple it's Just funny because I don't see him Bitching about uh Bitcoin miners dumping On the market you know because either Way it's an increase in the circulating Supply you know electricity required to Create it or not it's still new Supply Getting dumped on the market where's the Bitching about that that's fine though
We're we're not going to talk about the Supply and demand Dynamics as it Pertains to new Bitcoin just new xrp That see that's what intellectually Dishonest people do now in this case It's just a good old fashioned case of Xrp derangement syndrome other than this He seems very intellectually honest and Straightforward when he doesn't know Something he seems to say comes across Like I said as a nice guy but there's Just something about xrp that makes People stop behaving like themselves and Lose their actual Minds I've never seen Anything else like it in crypto not even Close he he is one of the people that Does this Though anyway he continues it's great to Continue setting new record lows for This crypto bull market with you all we Are all very proud of the achievements We accomplish when we come together as a Supportive Community you're helping us All realize the dreams we once had back In 2013 come true with your continued Support of our almost worthless token Which is just as weak as it was back in 2021 when the secc sued Ripple even Though that lawsuit has now been settled In Ripple's favor if we keep it at it Together uh we might break the next Major Milestones of the 2021 law SEC Lawsuit low and the 20 2014 and 2017 Alltime lows here's to Smashing some
More uh some more significant lows Together very soon so obviously a very Sarcastic post right there and so what I Have done as you can see for those of You looking at the screen I went ahead And hit the bookmark tab right here and It is in my future dunks tab I'm going To be revisiting this and and you know He can choose to delete this if he wants To it's saved Forever on my YouTube Channel I got it it's right here it's Right here oh don't worry folks we're Not going to lose this we're not going To lose this one I will be coming back After after xrp Rallies it's just complete and utter Nonsense and it's Just it's not B he's completely ignoring Historic precedent completely and then Last Market cycle even if you want to Talk about the topic of the of xrp not Hit new alltime high Okay he he's aware of the Lawsuit does he can he not connect the Dots he he he can't piece together that The only top 10 coin going into the bull Market last cycle the only one that Didn't hit a new alltime high just Happened to be xrp and it just happened To be the only one that was being Attacked by the SEC can he not connect These dots is this too Complex I I that's why I call xrp Derangement syndrome because that's what
It is otherwise intelligent Intellectually honest people that just Act like they don't know what in the Ever loving hell is actually happening In reality it's insane it's absolutely Insane so um what's going to happen is This post is going to age like a fine Milk that is exactly what is going to Happen here and we'll revisit it because It will be fun and the derangement Syndrome needs to be called out because It's just silly it's very laughable and We can all have a good time with It I'm not a financial adviser you Should not buy yourself anything because Of anything I say right that would be a Very very very bad idea until next time To the Moon Lambo
