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Hello this is Matt on the moon Lambo Channel I'm going to share with you Perspective from a couple xrp chart Analysts including one analyst who says That xrp move is imminent that's a Direct quote and this particular analyst Thinks that xrp in very short order is Going to be brushing up against the $2 Mark I'll share with you exactly what he Said but there is historic precedent for This because when xrp goes oh my God it Goes and it is very fast it make it Makes people feel like it's never going To happen it's impossible sentiment is In the gutter but then it just goes and Just think about what's happened over The last day or so you xrp I mean Recently at 49 cents uh a little over 24 Hours ago it was as high as 58 cents uh That's a fair bit higher in terms of a Percentage move that wasn't supposed to Happen it was supposed to keep going Down if you were listening to the people On on social media platform X sentiment In the gutter and not that it's the best Right now but given the move over the Last you know say 36 hours or so in Particular it's been getting a little Bit better right now of course a lot of This is going to be dependent upon Bitcoin if bitcoin's going to hit in Alltime high I am way more optimistic For what's going to happen with xrp this Market cycle um it's not a certainty
Here though some people think that it Actually is a certainty that Bitcoin Absolutely is going to hit an alltime High and I'll show you uh What uh what's Being said along those lines but um in Case anybody's curious at the time I'm Recording this video it's 11:10 p.m. Central Time uh Friday February 16th uh 20 24 but uh 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 or right I'm just an Enthusiast who enjoys making YouTube Videos about crypto related topics but Just as a hobby and just for fun as I Record this video xrp is 56 cents Bitcoin still above 52,000 at least for Now 52,1 6 bucks market cap for the Asset class 1.97 trillion and check this out crypto Fear and greed index 76 out of 100 that Is Extreme greed my friends this is only The third day that we have seen extreme Greed since uh the bottom of the market So think about the FTX collapse November 2022 since then this is only the third Time we've seen extreme greed that is Something and so it's not hard to Understand why the FL horse very popular Chart analyst over 200,000 followers on X uh not hard to understand why he's
Saying what he's saying here now we'll See who's right because there are Popular analysts and that say nope this Is in all probability the top for Bitcoin Flor does not agree uh he thinks That this thing is going to go and it's Basically a certainty and so here's what Flor had to say about Bitcoin 25% off The highest weekly close for Bitcoin being this close creates uh Being this closer creates a certain Gravitational pull that will suck out Liquidity from other assets as people Pile in a new all-time high is a Foregone conclusion just a matter of When not if at this point and I hope He's right I mean we're going to find Out together uh there's a lot of pretty Much every analyst is on the record in Terms of what they think is most Probable at this point I am very curious To see who's right is it is it the People who are a bit more bearish and Don't think it's probable that we're Going to see no alltime high for Bitcoin Or is it almost every analyst on the Planet because the vast majority of Analysts do think they we're going to See it I'm super curious because there Are many not that there are a ton of Analysts that think it's not going to Happen but the ones that do that I Follow I mean by my estimation they're Among the most reputable in In The Biz
You know what I'm saying so that's why I'm super curious and that's what makes Me a little bit nervous but I'm still Overall optimistic we'll see what Happens here uh there was also this post From chart analyst neste and I came Across this analyst recently because of Uh credible crypto one of my favorite Analysts out there and um credible Crypto has stated that his thesis and He's been saying this literally for Years that uh we're actually just in Basically like a super cycle effectively That that started in 2018 and so what When we saw the tops a few years ago in 2021 for Bitcoin uh that's that actually Was just a you know part of the journey Effectively and so it's part of why he Believes we're we're in all likelihood Going to be seeing a new all-time high For Bitcoin sooner rather than later he Doesn't think it's as prob that we're Going to be seeing a new alltime high For Bitcoin in 2025 he thinks much Sooner than later in fact potentially Before the having which has never Happened before that would be sooner so That would if that happens that would be In line with credible crypto Series so Again it's just one of those things Where I don't pretend to know the answer But that's why I'm like I'm just as Curious as you guys we're going to find Out is credible crypto right is someone
More like the blockchain backer correct Um but neste here is noting the Following this is interesting in the Past the time spam between Golden break And reaching a new all-time high was 34 To 72 days will we see a first ever ever Prehab all-time high which is estimated To be in 61 days now we're going to find That part out sooner than later because It's going to be I think sometime around You know April 20th I think that's when It's expected that we're going to be uh Seeing the having occur for bit for Bitcoin so that part we'll know sooner Than later right if that actually Happens though Uh I'll just tell you I'll speak for Myself here to me that would be Sufficient proof that would be Sufficient proof that um we we go much Higher in all likelihood because my God The euphoria that that would kick and Can you imagine what that would do for Alts and that may mean the credible Crypto is correct in his thesis so we'll We'll see here um and then there was Also this post this is from chart Analyst egg crypto and for the sake of Time I'm not going to read this whole Thing but um I got a couple things from Them the first one's Bitcoin the second One's XR RP so this is just a bitcoin Price chart marked up in a number of Ways if you want to see the full
Analysis U feel free to pause her and You can read everything it's just for The sake of time I wanted to highlight a Couple key takeaways um and he it reads As fils here and he says if Bitcoin hits Alltime high before the having we could Reach $170,000 in no time but the fall could Be epic if we retest FIB point5 or the 21 EMA it would signal a healthier cycle Providing room for uh to pump hard and Catchup potentially leading to $170,000 To $200,000 by q1 uh to Q2 maybe of 2025 so uh I'll be happy either way Because I'll tell you what even if There's a massive pullback after that Sooner than later like you know what That's going to mean for alt TR because That that's what I'm most interested in Yeah I'm happy I've got my Bitcoin I've Been holding it since 2017 whatever I'm Just not that excited about it um I mean Now if you're talking about getting up To to those levels I will have sold it By then I will finally have sold it um But again I'm most excited about what That means for my Altcoins because you you know the Hysteria will be kicking in like Freaking crazy and I'm counting on the Vast majority of my life changing wealth From crypto to come in from altcoins not Bitcoin specifically although it ain't Going to hurt I mean it's that would not
Be a little bit for me personally so i' I'd be thrilled to see that but again It's just the altcoin that's that's Where the real money is to be had so far I'm concerned uh with my strongest Focus Greatest interest in xrp specifically And I feel very strongly that so long as Bitcoin goes and the market takes off Yeah why wouldn't xrp go you know and I Was actually spending more time thinking About like what is is there another Scenario where the market goes and xrp Doesn't hit a new all-time high but I'm Still um still bullish for the long over Long call for Bitcoin am minute for xrp Rather and I still think it could hit an Alltime high in the future because and The reason I'm I started thinking on These lines is because I've said Publicly many times if Bitcoin hits a New alltime high and xrp doesn't and a Bunch of altcoins are popping off and we We have like a little bit of an ALT Season but xrp isn't part of it in terms Of hitting an alltime high that would be The point where I'd be like okay guys Maybe something's wrong and so I thought Is there is there a situation where xrp Doesn't hit a new all-time high but I Don't think there's something wrong and One of the few things I could think of Is say altcoin say Bitcoin hits a new All-time high maybe some altcoins do Start popping off and then there's a
Black Swan event before xrp has a chance To go that's the only other thing I can Possibly think of where I'd be like okay Well we got cheated yet again not that I'd expect that to occur but if we get Some Black Swan event it tanks equities It tanks crypto on the whole then I'd be Like well okay we did get screwed again Thanks sec thanks Black Swan event years Later suck it here some eggplant emojis I'm not very happy it's like that that's Where I'd be coming from but outside of That if you're talking about Bitcoin Going and all coin's going as well yeah Then and xrp doesn't by the end of the Cycle then I would be concerned but I Just I don't think that's what's most Probable you know there's a reason xrp Has been in the top 10 cryptos by market Cap for over a decade there's a reason The market has confidence overall Because it's xrp is in a super rare Position it is treated with Prestige by The market broadly speaking seriously And I I know the sentiment is somewhat In the gutter so I don't know that most People would say that but I firmly Believe it because I'm just looking at How it's been treated for over a Freaking decade you know and this is With it's still in the top 10 despite All the people that didn't buy it Because of the SEC like way less xrp has Been purchased over the last few years
Because of the SEC it's still in the top 10 that's insane it tells me Something uh here you have ereg crypto Sharing some perspective about xrp Specifically now check this out he says Xrp color code to $140 and he's got this xrp price chart On the screen the significance of the 58 Cent price range has been highlighted in Numerous posts in this chart it's clear That closing above it was was pivotal Based on the July 2023 pump driven by Xrp's classification as a non-security By Itself now 58 cents is proving to be a Major resistance once again what's Needed are steady steps to touch the mid 65 Cent Mark and retest 58 cents for a Final breakout we're still on track for The initial Milestone of $1.40 which will pave the way for a Swift progression to $5 and Beyond and So Again these things happen fast when they Go so like again I'm I'm sure there are People listening they'll look at that And they'll be like Buck 40 yeah talk to Me when it's a dollar because you always Get those like pessimistic stupid Comments from people because it's the Internet and people get to say whatever They want even if it doesn't make sense It's just a lot of emotions basically And
Trolling You Gotta Love X but uh when it Goes It goes it just I've seen it too Many times like I I he's he's right so I Don't know I mean I'm not I'm not saying That I know what the price level will be Or that I think that that's that's the Level like that's where it goes I I Don't know I'm not a CH guy I'm just Saying in terms of directional yeah that Wouldn't surprise me in the least and It's going to be a lot of fun and I do Think what's in store for us uh for this Year probably mostly a lot of really fun And positive stuff that would be my Guess and we've been through a lot we Freaking deserve it as far as I'm Concerned now dark Defender um he's Equally bullish I would say uh he shared This xrp price chart and wrote The Following he says and oh by the way this Is the analyst I was referencing at the Outset because he thinks that basically Of xrp move is imminent he says it's Been a while since we haven't checked The weekly U hiken ashy candles which Are basically the candles taking average Price into consideration support and Resistance conjunction says a move is Imminent in a couple of weeks so folks It does depend on your definition of Imminent I guess if you zoom out on a Chart then it would kind of look like That fair enough then he says we aimed At 89 cents when xrp was 27 cents with
Wave 1 at that time a lot of noise was There but we hit it we now Target $188 when xrp is at 56 with wave three And a lot of noise is still here that People think is impossible the critical Level stays the same wave three will Prove itself once again I have also Shared a pattern in yellow remember w 3 Could extend towards $585 as the median and second Target so very bullish for the short Term so so okay fine so say it's a Couple weeks two three weeks whatever it Ends up being uh maybe xrp even does Come back and you know check that 54 Cent level uh as support again building A strong base there and then takes off Okay if this is indeed the case we still Don't have to wait that long to see some Sort of substantial Move and it's interesting interesting Because you know from the analysts that I follow that talk about xrp whether They think bitcoin's get hit a new Alltime high or they don't what I see From all of them including the Blockchain backer in fact is is that you I'm sure a lot of you follow him so you May have heard him say this a number of Times recently but um that that's kind Of what he's saying in terms of what He's he's thinking is probable for xrp At this point like still a move to the Upside to what degree we're going to
Find out together but yeah if this if This level holds number go up it happens Fast when it goes It goes we don't for Sure exactly when but probably sooner Than later so uh hope you guys are Feeling as positive as I am I mean it's Been fun watching this stuff I mean it Really has like I I truly enjoy this and I have fun even in the bare markets Because I I just I I know that the the Emotions that people feel in those Moments they don't need to feel them It's not like it doesn't make logical Sense but they just do I don't feel Those things and so I have fun and when When we're down in terms of the market Then that's when I accumulate and that's What I was doing with the FTX collapse You know at the end of 2022 I was like Wow this is a capitulation of it and I Was buying stuff and I was thrill I was Happy as could be even though my net Worth was down because the market was Down happy as a clan now of course it's More exciting and fun during the Positive times like where we are now but Um either way you know it's you know It's about framing it's about mindset I Think that's that's a big part of it Here but I just I I haven't been this Optimistic about the future of xrp Specifically since I started holding it For a ton of reasons I've been Articulating recently tons of reasons
It's either going to happen now or it's Not well yeah well that's an obviousy Right but when you when you um you know Consider what the backdrop is in terms Of what's happening with Bitcoin what's Happening on a macro scale yeah that Means something that really does so We're going to find out together but I Am optimistic that you know we're going To wrap up this year and not be Disappointed but we'll see what happens I'm not a financial adviser you should Not buy or sell anything because of Anything I say or right that would be a Very very very bad idea Until next time to the Moon Lambo
