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Hello this is Matt on the moon Lambo Channel unless you're brand new to Crypto this recent pullback today is not Emotionally bothering you that that Would be my guess for the vast majority Of you out there anyway so a couple Things in this video I'm going to share With you perspective from several xrp Chart analysts including one who says Basically $10 plus xrp is pretty much Confirmed at this point and um although I don't make price predictions I'll just Say kind of be surprised if we don't get Somewhere up there right this Market s Be very surprised now that Bitcoin has Hit a new all-time high the Confluence Of various metrics it's all here I'd be Shocked if we're not getting up in that Range also want to talk a little bit About what to expect in the coming weeks Uh as it pertains to bitcoin which does Still lead the way um but of course We're going to start with a A bin Affleck meme do I I want to try to Describe this just look at your damn Phone or your TV or whatever the hell You're you're you're listening to me on Um just it is the case that Bitcoin went Down after tapping the new all-time high And of course xrp copied and so you have A little Ben Affleck next to the Fullsize benck little stressed out Smoking some Sigs Bitcoin I am down today xrp okay I
Copy you Bro I like that one all right 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 as I record this Video xrp 58 cents down almost 12% over The last 24 hours and why am I so damn Happy because none of this matters as I Will highight just stick with me I will Explain to you like this is actually Historically very normal Bitcoin Taps New all-time high and um extreme Volatility including to the Downside um so you got again Bitcoin Also at 63335 bucks um now there was um a new Video just hours ago from a chart Analyst credible crypto I encourage you To watch it it's a little over 23 Minutes but I thought I'd mention a few Key takeaways because you know credible Crypto says that what's happening right Now just to be clear is not the blowoff Top and it's funny because I I saw a Video clip of Jim Kramer oh my God that Freaking guy that is the worst fake Finance Guru ever to exist is he not he Says that obviously this is the you know
And I'm paraphrasing now but obviously The you know this looks like the Formation of the top for Bitcoin which Means obviously it's not so that was Good news I was happy to see that Because whatever bit whatever Jim Kramer Says just assume the opposite is more Likely true uh but but know as far as The blowoff top yes it's coming in um You know substantial portions the most Crucial portion of of bitcoin's mve it's Already occurred just even getting back To this level but the multiplier effect From here will not be substantial even If Bitcoin you know breaks to a you know $200,000 or so you're looking at about a Three-fold increase from where we are Right now so it's it's not that exciting The life-changing wealth is in alt Coins but uh but look yeah the blowoff Top it's coming xrp is going to be a Part of this xrp is going to hit a new All-time high that is i' I've never had Such strong conviction and I spent a Good bit of time talking about why the Very last video I published here but It's just it's the con in a nutshell It's the Confluence of events everything That we're looking at right here and Bitcoin finally head a new alltime high That was like really the last just about The last piece of the puzzle uh that That's needed you know if you look at You know historically what is a preceded
Xrp hit a new alltime high yes well now It has occurred so the debate over Whether or not Bitcoin will hit a new Alltime high thankfully that's over we Know we have the answer now it happened Xrp will follow here and and by the way Every time Bitcoin consolidates as is The case right now it's consolidating Money flows into altcoins so it'll be Interesting to see what happens in the Coming weeks in particular particular And incredible crypto did note that you Know it could take weeks or more for Bitcoin to blast through $69,000 with Conviction even though it did tap the All-time high Today um and and you could even see a Bit of a correction further to the Downside it's not guaranteed into the 50,000 um if that happens there's again I'll show you in a minute but there's Historic precedent for this it's not Alarming in the Least the best is ahead of us still like There's a lot to look forward to here And um and so I to highlight this this Is a post from yesterday and I actually Covered it in a video yesterday but it's Even more relevant now because credible Crypto is asking when's the alt season Coming and he answers it and and there Are a couple scenarios he envisioned Playing out and one of them is playing Out right now just a day later we have
Additional Clarity on this and this is Of you know Supreme interest to me and It should be to you too because I'm Assuming that the vast majority of you Are like me and you're way more Interested in xrp and your alt coins as OPP opposed to bitcoin even if you hold Bitcoin and you like it which is the Case for me I like Bitcoin I make fun of It because it's the least Technologically advanced coin out there Uh but I do like it I have been holding It since 2017 and um and so the question is when Is when does the real party start and so Here's what credible crypto posted Literally yesterday the timing of this Is rather uh fortuitous let's say so uh So when alt season let me break it down I have previously said many times that Alts will begin outperforming once Bitcoin breaks prior alltime high but Exactly when will they take the lead two Scenarios that have played out in the Past number one Bitcoin breaks prior All-time high with conviction and goes On to 2x in a matter of weeks this is a Mega breakout without much of a breather And alts don't get much love until Bitcoin pauses after this breakout leg Or number two Bitcoin tags prior All-time high but rejects SL Consolidates at the highs for a few Weeks before beginning to accelerate to
The upside to then double in a matter of Weeks alts begin rallying right after Bitcoin tags prior all-time high while Bitcoin Consolidates in the former scenario alts Begin rallying in Mass some weeks after Bitcoin PRI breaks prior alltime High And the latter they start rallying Almost immediately after Bitcoin tags Prior alltime High the common theme here And the key takeaway is that after Bitcoin hits prior all-time high alts Begin rallying at the first major PA Consolidation of Bitcoin whether that at Prior all-time high or far above it and So he you can see we weren't quite sure It's just so funny that literally posted This yesterday and then today we do get That alltime high and so he reposted That and and wrote The Following and This is just this afternoon 3:48 p.m. Central Time and he said uh just popping in here In to say this is scenario number two Described below likely starting to play Out select dos you want to go Bonkers While Bitcoin consolidates here methinks If you want to know which look at alt BTC pairings uh yeah happy to do that in Fact if you look at the xrp BTC pair it Looks like garbage which is fantastic Because that's usually what you see Before xrp starts melting Faces uh everything it's just everything
Is so perfectly set up for this we're Finally going to get it because we've Had a rough go here in the xrp community It just is the case all the SEC nonsense And everything else and all the bare Market 2022 and FTX collapse and Everything else you know you know it all You know the deal but here we are and so That's what he thinks is playing out Here it's just again there's historic Precedent for this tag the alltime high Very cool to see and there's a pullback Nothing weird doesn't mean there's Something wrong here's a post from Crypto Insight UK over the next week or So alts will effing send it save this Tweet uh then there's this post from Chart anal Matthew Highland it's a Bitcoin price chart Bitcoin three-day Volume spikes on red days have typically Led to less downside and more upside Afterwards yes there could be more Downside but it's typically minimal Compared to the upside Afterwards so positive consideration There here's a post from uh onchain Analyst will Clemente wrote coinbase had Its highest day of trading volume of all Time today and Bitcoin hasn't even Closed above all-time highs fee Revenue Go bur so much for the ETFs rendering Them obsolete okay so that's an Interesting fact even though we had a New all-time high uh Bitcoin obviously
Tanked after that so we haven't had a Close Above at that level um and then as far As this idea and I I talked about this Once a while back there's this idea Bandied about that you know the Bitcoin ETFs with the low fees being offered by The likes of Black Rock and and some of The others uh with that being so cheap Uh it's just going to eat in the Coinbase's business model with their Higher fees and I said I do not believe That makes a damn bit of sense because If you want to actually hold the crypto Yourself you will pay more fees right if You don't care and you're you're the Least sophisticated type less Sophisticated type uh more into Traditional Finance perhaps uh well then You're probably just going to buy the ETF and just going to set it and forget It right that's pretty much it and that Is what's happening the people the type Of people that don't want to deal with Taking custody of crypto themselves or Any sort of stress it might cause to Jump into crypto and up with a your Coinbase account those type of people They're purchasing via traditional Finance means okay cool but I'll never Do that like there's a 0% chance I will Ever do that and I'm sure that's true For the vast majority of you so the idea That it was going to render coinbase or
Other exchanges obsolete just completely Absurd or that it would you know some Sort in some sort of material way impact The fee structure of a coinbase no There's no need for that silly idea uh Then there is this from uh an analyst Named curb and I was actually talking About this in my last video but this is A good visual and this is kind of why I Said in the beginning part of the video Don't worry about the pullback today There's a storic precent for this it Does not matter and so he wrote here Bitcoin and its history of debauchery When approaching approaching prior All-time high for the first touch expect Some whip saws before up only and so you Can see back in 2013 uh there's a bit of Uh bit of pressure to the downside there As well down 10% in 2017 Uh down 31% in 2020 down 11% and then 2024 now we'll we'll see exactly where It shakes Out but it's an important level that has To be fought against again absolutely Historic precent for this and then after This uh and and it is in short or to Credible cryptos rather about this I Actually talked about that too in the Very last video um once alltime Highs Are tapped it's it's it's a matter of Weeks typically like a couple weeks and Then and then the price of Bitcoin is Literally double there was one instance
Um where it took like 84 days of memory Serves but still like God forbid we have To wait 84 days you know even if it does Come out to That uh there's this post from Watcher Guru justtin $715 million liquidated From the cryptocurrency market in the Past 24 hours f i just and this is after The the Bitcoin alltime High I just it's The stupidest damn thing playing playing With fire here leverage do you really Need leveraging crypto It just makes no damn sense you can get Life-changing wealth just by holding a Thousands per gains very normal in Crypto but that's not enough for you get The hell out of here that's ridiculous But let's talk about xrp specifically uh Here is chart analyst Harry at Heraldo Xrp uh very well known in the xrp Community for having called the Beginning of the 2017 xrp bull run the Biggest in history taking us to almost Four bucks and for calling the top on January 4th he did both of those things And on March 3rd he posted the following Xrp downside looking limited here for The standard now expecting a significant Move in March with a retest on 91 cents Wouldn't mind seeing that now obviously With what happened today this is not Something that was caused specifically By xrp yes it's down compared to where It was just 24 hours ago but that's
Because Bitcoin tagged the all-time high And that's resistance and so the whole Market went down so um still I I don't Think that there's any there's no Indication that that's something that uh Would would cause Harry to re-evaluate What xrp will be doing over the course Of the month anyway uh here's a post From chart analyst cryptos xrp bounc Exactly on our six-year trend line no Breakout yet we wait for the weekly Close so he's been saying for some time Uh that it's just a matter of time Frankly uh here's a post this morning From uh dark Defender and he said hi all A quick update for you xrp closed above Our Fibonacci level of 64 4.62 will continue uh 77.7 cents Starting today cheers now that was hours Before Bitcoin broke a new all-time high And so I haven't seen any certain Indication from either that that would Change the overall analysis here uh but Obviously has been to the downside as a Result of Bitcoin hit a new alltime high And then tanking it's just but again St Pressent for this none of this is scary None of it horrific doesn't mean Anything's broken this isn't this is a Time to be excited You should be very excited about what's Happening here even despite the pullback Today that that should not be raining on Anyone's parade frankly I mean unless
You uh you know were playing with Leverage and got completely F today then Maybe you're having a bad day why are You playing with lever but anyway uh and Then this afternoon there's a post from Crypto Insight UK people asking for an Exerp update I think 68 cents is Inevitable will reassess when we get There mark this tweet and yeah and so I Would age of course and probably sooner Than later especially with the Incredible crypto is talking about I Mean I buy into it the idea that if Bitcoin is indeed going to be Consolidating for a bit here yeah I can See a select alts rally and why couldn't Xrp be one of Them then there's this post from chart Analyst egreg crypto xrp 3mon candle It's bullish as F the triangle formation Is still intact previous cycle extended Way Beyond the measured move which is The blue line of the the triangle this Time if we just take the same measured Move the green line it will be double Digits in no time and three digits at The top end and then shared the little 100 emoji and so I'll just share my Opinion on this uh three digits for xrp Totally possible is it going to happen This Market cycle uh just my personal Opinion I think that there's about a 0% Chance of that and and others Disagreeing that's perfectly fine I mean
Some people are going to be like oh now Come on you're not thinking big enough And fair enough everybody's entitled of Their opinion again I I could see at Some point in the future a three-digit Xrp if it's going to continue to be Long-term viable and I don't see any Reason it wouldn't be sure uh but this Market Cycle and I hey happy to be wrong happy I will if I'm wrong I will happily admit That I'm wrong um so it's not that it's Crazy or anything like that it's just That's too far out there for me but yeah If you're talking about 10 bucks 15 uh He he keeps talking about the $27 level Uh yeah it's a little bit more that's That's that's plausible $27 if you have This Market get hot enough it's not Crazy to think that could happen this Market cycle unless optimistic for that And I'll be out of the market well Before that I bought so much xrp so that I could have a lower exit point and I've Talked about that many times on the Channel before so I'll be out way way Way soon I'll start selling probably Close to the $5 Mark even if it's just Like five or six% of my total Holdings And then I'll be scaling out as we reach You know six seven eight bucks I mean Should should the opportunity be Presented anyway uh none of us know for Sure what's going to happen in terms of
Price action um but anyway then he Continues he says uh candle possible Form is bullish Hammer $120 will be tested in one Candle those who bought below 50 cents Will be seen as gods in the future very Soon buying below the $1 Mark will be a Dream xrp Army stay steady and Understand that xrp does not move in Waves on high frame It only goes in rocket style yeah and There's certainly a good reason for him To have typed that when xrp goes It goes Oh yes it usually goes late but when it Goes it absolutely melts faces and yeah Eventually there will be a point where I Know because again assuming xrp is going To continue to be long-term viable there Will be a point where uh you know xrp Under a dollar is just a thing of the Past and so we're very fortunate to have Had this opportunity because fast Forward a decade people people people Are just think that we're lucky oh my God you actually got to buy xrp under a Dollar just the same type of crap that You see people saying to bitcoiners who Were in crypto and 2013 2014 same thing It's the same thing the the opportunity For lifechanging wealth is very real This is not some sort of pip tream and It's for the everyday person it's it's Absolutely possible people of regular Means achieving lifechanging we yes
Happens all the time in crypto and I go Get mine and I hope you get yours lots To look forward to folks I hope you're As excited as me because this is the fun Part this right here is the fun part and It's only going to get Better the best part obviously will be When xrp does start running things are Going to go ballistic and I'm so glad I Get to go through all this and celebrate With all of you fighting people 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
