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Hello this is Matt on the moon Lambo Channel the best channel on all of the YouTubes here's a headline from the Crypt basic xrp bullish forecast pundit Predicts $5 feasible for xrp okay look Happy to see a bit of bullish sentiment I think that makes a ton of logical Sense but that's the that's the peak Price prediction here I'm just going to Tell you right at the outset of the Video I got a few things to say about This because although I'm not so bold as To make a price predictions I I'm not a Charkey I admit up front I don't know What's going to happen with the price Action of xrp I just have my strong Leanings uh I I got to tell you $5 Peak For xrp this cycle seems a little bit Low seems a little baby boo bit low you Guys tell me if you think I'm off my Rocker here but I think that's just a Smid low and also got some updates on What's Happening uh in terms of just Crypto in general including uh an Interesting xlm chart which of course is Stellar lumens now why would I want to H Like that well uh because xrp I mean I'm Assuming most of you are aware at this Point xrp and xlm pretty well move in Lock step and I'd say it's more so that Xlm is following xrp but um I think That's provably so because even when There's stuff that move the price of xrp Specific to the secv Ripple case xlm
Followed so very clearly it's you know XL xlm being uh the copycat in terms of Price action uh even so it's just Interesting to see that analysts are Calling for xlm to run basically at the Same time they're calling xrp to run is That a little coinky dink 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 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 at the time I'm Recording this video it is 2:54 a.m. Central Time Saturday March 23rd 2024 xrp is 61.8 cents Bitcoin 6 6 4,647 bucks and so it's been a little up A little down kind of moving sideways Here in my last video I shared a bunch Of perspective about uh what analysts Are expecting XR Bitcoin rather to do in The short term and that's that's Critical to the entire Market because The market moves in tandem so Bitcoin Tanks xrp is to I'm not going to spend As much time on that in this particular Video if you're curious more about that Check out my very last Moon Lambo Hot Jam because on that front there's not a Whole lot that has changed it's probably Been like 9 hours since I published
Video or something like that anyway um But things looking really good for xrp Still and even if you don't understand Why I'm saying that if you're looking at The United States dollar price action You're like what are you talking about Moono because xrp over the last 24 hours Down about the same amount as Bitcoin no No no I'll talk about this more in just A second but xrp BTC that's the chart You should be looking at right now and It looks really good and it has for Close to two weeks at this point uh Here's the crypto fear and greed index At 73 out of 100 so uh people still Feeling greedy they're just not in Extreme greed so the headline here from It's just ridiculous xrp bullish Forecast pundit predicts $5 feasible for Xrp you think so Jake gagan with 244,000 Followers on X has joined the growing List of Market Watchers who expect xrp To attain the $5 price point in this Bull run this Viewpoint was articulated As part of gag gain's recent analysis Examining the prospective price Trajectories of various tokens Particularly looking ahead to 2025 xrp Was among the top crypto projects for Which he issued potential price targets So look to be clear happy to see that uh Xrp is getting more attention as the Market has been heating up happy to see That even somebody uh like Jake gagan
Who I wasn't familiar with admittedly But he's got a massive following so Kudos him uh he even not being part of The xrp community very bullish on xrp I Mean if you consider $5 to work against Where xrp is right now in terms of United States dollars okay way higher I Just don't see how that could Poss like You're talking about less than a 2X from The xrp alltime high less than a twofold Increase at $5 that's where it tops Off I'm sorry like nothing gets this guy At all I just respectfully disagree I Appreciate the bullishness very Genuinely I respectfully disagree I Don't think that makes a are we're going To have like like a bull market for ants Is that what we're going to exp a bull Market for an that doesn't make any damn Sense uh If look if bitcoin's going to go above $100,000 which frankly most analysts Seem to think is a virtual certainty at Whether they think it Peaks at 120,000 150,000 175,000 200,000 whatever the Analyst thinks they think it goes into This the six figures so you know if eth Is going to go up dramatically you know 10 to $20,000 which is what a lot of Analysts are calling for are you you're Going to tell me with a straight face Xrp does less than a twofold increase From its all-time high with that much Money pumping through the entire crypto
Ecosystem because let's be real at that Point it's not about fundamentals Fundamentals have kept xrp in the top 10 Coins by market cap for over a decade Because there are people like you and me That give a damn about it but when You're talking about the biggest parts Of the price BS those aren't people that Know anything about fundamentals those Are retail idiots here for Moon and Lambo you know what I'm saying like that That's what happens here and they're Basically like take my money what's that Big old green candle take my money it Doesn't matter they're not going to be Researching this they're going to have Fomo and going to follow wherever money Goes xrp of course will be part of that And so to think that xrp would not pump In a more Supreme fashion I Disrespectfully disagree and so that That's what he had to so nothing against Him I'm it's great to see he's he's Bullish and there's more attention Coming to xrp people are coming around To it super duper uh but I just it's Hard to imagine it wouldn't go far Beyond that and and that would kind of Suck for well it suck for all of us Let's be real but I was I was thinking About my own situation i' I've publicly Stated you know I plan to scale out Between you know $5 to 8 and there could Be some circumstances where I hold on to
Some further out than that but but That's what I've been thinking you know Start scaling out a little bit around $5 Even if it's just like five or six% and Then uh and then you know by the time it Gets to eight bucks you know just scale Out with the last little bit probably uh But if it only goes to five bucks if That's the actual Peak which I think Would be a weird place to stop like That's a psychological level you would Think if it hits that but it's just Going to hit that and then go back down And that's it like If that that would suck though because If that happens that would mean either I Sold none of my xrp because that's about Where I'd start selling or I'd sell a Tiny percentage of my xrp so maybe it Would be like five or six% and by by the Way my Logic on that and I've only Mentioned this like once or twice on the Channel I think but the reason I'd sell Maybe five or six% it's somewhere around That price point maybe it's $4.50 who Knows but just a little bit um because At that point given that my average Buying price was 25 cents if I start Selling around that price level I recoup My initial expense like around that Level if you're talking about selling 5 Or 6% somewhere in that range for me I Did the math a long time ago I was like Yeah okay I guess that's reasonable I've
Been holding on this damn thing for over Six years I can at least pay myself to Break even at that point so I can Justify that but you know the bulk of it I'd want to sell higher than that you Know probably most of it closer to seven Bucks or something like that I would Imagine uh but of course there's a lot Of moving parts to the crypto market so If I make a ton of money on other stuff And xrp runs at the end I'd be I'd be More inclined potentially to hold on to More longer and see if I can get higher Prices because then it won't be as Consequential if I've already made a Boatload of money from the rest of my Roughly now 40 crypto currencies that I Hold Okay I I would care less I'd be willing To hold to a higher price and then if it Doesn't come i' be like okay no big deal But if it does come make more money Anyway so it's like eh it just there's a Lot of moving parts so we'll see what Happens there but $5 to me it just seems Kind of silly that that's that's all That I'm saying Here Um oh by the way oh I want to mention This just briefly here I don't need to Read this article it's from the Crypt Basic xrp to hit 100% surge against Bitcoin post having analyst they're Covering perspective from chart analyst
Credible crypto and I've been covering a Lot from them recently so I don't want To necessarily rehash it all but I will Note that even shortly before recording This video I checked the xrp BTC pair Because that's what we really should Watch like where we're at with the the Xrp BTC pair is historically where we've Been the last couple Market Cycles when Xrp just took off and put Bitcoin to Shame in terms of multiplier effect in Terms of the amount of money flowing Yeah absolutely that's the moment we're In in this cycle doesn't mean it's Literally today or tomorrow or next week Or next month but roughly with the chart Formation this would be roughly speaking The time right uh and so what's been Fascinating is when a number of analysts Started saying hey this actually is the Point and that was within the last Couple weeks we actually have seen a Trend to the upside despite pullbacks on The xrp BTC chart I just wanted to note And I talked about it a little last Video so I'm just going to be brief on It here but yeah we actually have seen Higher lows a couple of them at least And and so we need to keep watching it And see if it's going to be sustained But that's that's what analysts have Been telling us we should expect and we Just need to wait for like the major pop We don't know what we'll just wake up
One day and that'll be the case if the Analysts are right here uh so it's too Soon to declare victory at this exact Moment but uh looking pretty good in Terms of that right I would I would Certainly say so uh here's a post from Chart analyst cryptos xrp Sunday Prediction O A short-term xrp price Prediction this is always fun he says Pull back to 57 cents to 58 cents and Then breakout and so he's obviously an Xrp bull now if it does go down that low I think it's a virtual certainty that Bitcoin will be leading the way but Again I know that'll make some people Freak out because everybody's always Focusing on what xrp is worth in United States dollars or whatever your your Fiat currency of choice is and I Understand why and that's reasonable but What actually matters more like I just Said is the xrp BTC chart that's the Only point I'm making that's it now take A look at this from cryptol and this is An xlm USD chart Stellar lumens which is A clone of xrp they literally forked The Xrp Ledger just copied the code tweaked It a bit launched that son of a And there it went uh good old Jed MCB Paving the way for that and I have no Problem with that I mean open source Software do what you want to do um and I By the way I also hold xlm it's one of The earliest cryptocurrencies I ever
Like I've been holding it since November Of 2017 I bought xrp first but uh yeah I've been holding xlm since 2017 I would Love to see it go um I haven't been Buying more of it Because it's just it seems like too Similar a play in like it's just too Close to xrp in terms of price action It's like if I'm going to put more money Into the space which I did recently I Want to get exposure in a way that's Going to be a little bit more diverse Than that that's it because it's not About utility explicitly again xlm like I said earlier in the video it's Following xrp which is insane to some Degree people are just treating it the Same even when it comes to news specific To the the Ripple lawsuits it's just Freaking crazy Okay whatever so anyway here's the xlm USD chart and crypt wrote why is this Chart important this chart xlm USD one Week so each candle is one week Stellar Lumens the importance is that it shows The cycle very well it has long Historical data the yellow breaks I show Are always alt season starts you will Follow the trend the cycle and the Trading zones from the majors RSI equals Same pattern in three trends we are Close and so again if you care about xrp This should interest you even if you Don't hold xlm that's fine but they move
At the it's just funny the how this Lines up in fact so take a look at this Um and I I think sometimes X xlm is Lagged behind a xrp a little bit um it's Been pretty close though I mean so you Can look at 2017 here because this chart Goes back to you know beginning of 2015 Actually a little bit before that goes It's the it got it's the tail end of 2014 but look what the where this yellow Starts so that's the beginning of alt Season and here you have xlm doing Nothing just like xrp was doing nothing Same freaking story right sideways Sideways sideways everybody's pissed off And then it pops yes it did um Stellar Lumens popped uh I believe it might it Was either late April or early may it Was it was very close to the time that Xrp did though in 2017 um then it went back down and then It popped at the end of 2017 same Freaking story here but sideways Sideways sideways pop look at last cycle Same thing here in 2020 xrp did the same Thing sideways pop just the same damn Thing pretty close anyway right and so He's just pointing out here though That's what happens happened to the last Two cycles alt season just began look at How far we in visual like if you're Looking at the chart you can see what I'm talking about visually we're more or Less in the spot and so to see that he's
Highlighting that about xlm and all These analysts saying what they're Saying about xrp and the timing is this Is more or less it I will not be Surprised in the least when xrp starts Running and breaks the dollar and that Shoot just be the start for fun you know I'd be shocked if we don't see a new Alltime high and for xrp and entering Price Discovery unless there's some sort Of Black Swan event and this all falls Apart that's that's pretty much my Caveat that's about it but if we're Going to have an actual proper Full-blown alt season of course xrp is Going to be a part of it it makes no Sense that it wouldn't be a part of it So interesting stuff here right uh Here's a post from chart analyst Kush and he wrote Bitcoin probably just A coincidence and he's showing a bitcoin Price chart and he's comparing this to Um a chart formation the parabolic curve Pattern and you got to admit it looks Pretty Samy Samy here which means that Uh obviously we've been in this thing Bitcoin's been rising since well the end Of 2022 because that's when it bottomed Out with the FTX collapse and everything So that' be this circle right here for Those of you looking at the screen of Course and you can see of course it's Volatile up and down up and down it's Why it's so easy for people get shaking
Out of the stuff people are impatient They don't know what they're doing Anyway but it keeps trending to the Upside like it always does over time and You can look at these moments and so if You look at the chart formation the Parabolic curve pattern there are base 1 2 3 and four and four is what happens um Right before the final blowoff so we're Not quite there if this is indeed the Same formation here but he's Highlighting yeah this is he believes This pretty much what it is you can see This curving up here that'll be the Final base it'll move sideways and then The blowoff top and he says that would Be the ideal sell point now I'm not Going to try and sell the actual top I Think it's silly to try and do that but He's just sharing a concept so perfectly Fine um if that is indeed the case as He's charting here it looks like Bitcoin Closer to $200,000 now if that happens the amount Of money that will flow into eth and xrp And everything else is going to be Absurd holy lifechanging wealth Batman Like that is what the hell we're looking At if this occurs and I'm here for it I'm optimistic it is going to occur I've Seen this before this is my third bull Season in in the world of crypto been Here since 2017 uh yep I'm here for this this makes
All the s so I'm going to keep holding I Still have not cashed out anything to United States dollars the whole time I've been in crypto just been patiently Waiting this will be the cycle where at Least I aim to unless I I still got time To screw this up uh could happen uh but This is where I'm going to aim to sell Ideally all of my crypto and I don't Know for sure if that's going to happen But hopefully uh at least enough that it Would still be uh in the realm of the Life-changing wealth that I subjectively Have been looking for I'll just say that But it's like right here this is such an Exciting time to be in crypto And an xrp for me I really am counting That on being a massive piece because It's it's I I haven't checked admittedly I think in over a month but at the time When I checked and I talked about it Publicly xrp was still about a third of My total crypto Holdings so I bought Some other stuff and then other stuff Has been moving up so presumably that The percentage would have dropped a Little bit I don't know to what I have To calculate that again but it's still a Substantial percentage of uh My overall Crypto Holdings and I'm anticipating big Moves for it and I I and I hold it with Confidence I sleep I sleep like a baby Every night um and admittedly you know Having a lot of diversification in
Crypto that that does help admittedly if I was only an xrp I'd be way more Nervous um not just because it's xrp but Just to be clear actually one of the Bigger reasons is if you're maximist and You just have xrp I think that's a Terrible idea because scaling out when You have almost no time to do so and Then if exchanges go down my god do you Really want to deal with that level of Stress I don't it doesn't make any damn Sense because think about it in 2017 When xrp hit a new all-time high that Run lasted like 2 and a half weeks you Want to you want to scale out your Life-changing wealth in 2 and A2 weeks Good luck son you can I mean you can try It I don't want to be in that position Which is why you know if you have a a More diverse exposure to the crypto Asset class since tons of stuff will pop Even if not everything's going to hit a New all-time high you can still you know Pull some profits and it'll be happening At different times over a span of months Instead of you know a couple weeks so That's why I wouldn't want to be solely Any crypto not just xrp but any crypto I Wouldn't want to just be a maximist of Anything broad exposure is the way to go Just like having broad exposure to the Stock market makes a ton of sense I mean I know it sounds boring but S&P 500 uh You know ETFs yeah sign me up I am
Signed up I I I have I have a bunch of That so uh I'll stop yam I'm excited About this I'm having fun I hope you are To I'll check it again soon but I'll Wrap up here for now I'm not a financial Adviser you should not buy or sell Anything because of anything I say right That would be a very very very bad idea Until next time to the Moon Lambo
