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Hello this is Matt on the moon Lambo Channel it sure has been fun being an Xrp holder lately hasn't it you never Know when you go to check the price of Xrp is it going to be another one of Those many instances we've had over the Last couple weeks where it's rocketing Up and it's fascinating because today Xrp was rocketing up in price while Bitcoin is basically just moving Sideways leading to headlines like this One on your screen right here from the Crypt basic xrp decouples from Bitcoin Crosses 60 cents for first time since Mid August and I'm also going to share With you some perspective from a couple Analysts um because we we'll see what Happens but there's much optimism that We could be seeing close to the $1 range Sooner than later and as I always say it Seems impossible that such things will Happen until they just do and then Everybody acts like it's just common Sense and of course it was going to Happen so oh but man uh plenty to uh to Discuss here this latest Moon Lambo Hot Jam 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 now as I record this video extrap down slightly Just a hair shy of 60 cents uh Bitcoin At $34,636 At 66 out of 100 so uh people feeling Greedy yet again and um and obviously It's been Bitcoin that's really kicked This off over the last couple weeks in Particular in fact take a look at this Chart if you so care to this is shared By the Bitcoin archive account on social Media platform X and they're just noting That Bitcoin hit its highest weekly Close in the past 78 weeks hasn't seen This level since May um So May May of last year so don't mind Seeing that all I mean look it's been a Lot more fun to be in crypto and Certainly specifically to be in an X xrp Holder this year than it was last year I Mean set aside of you know all the Incredible price action obviously with The legal Clarity that we have as well Which is why frankly I think it's going To be a lot of fun when the market picks Up here and as far as this article here Talking about xrp decoupling from Bitcoin uh I don't think so I certainly Don't think that xrp is now over over a Shorter time period uh yeah it can look As though that's the case like for Instance today as xrp was rocketing on Up in here in fact here's a 30-day xrp
Chart actually look over the last couple Couple weeks here you just get these Stair steps up it's been fun to see but Uh here's 24-hour chart now you can see Here it just it went it went up and here I'll give you a 24-hour chart for Bitcoin not doing the same thing but Look if you're looking over a short Period of time this is not sufficient Evidence that we're seeing any sort of Actual decoupling you know I've been Seeing this argument being been made Being made on and off for nearly six Years now I've been in crypto almost six Years and at various times over those Six years I'll see these arguments and I'll just tell people okay if you really Think that this is the decoupling moment Zoom out on a chart because I'm telling You if you look it down to like if you Look on like a you know on an hourly Basis yeah it might start to look like There's decoupling but what does that Really tell you you're limiting yourself There's such a limited amount of data There doesn't actually lead to any sort Of reasonable conclusions here now that Being said I'm not I'm not going to have A frowny face when I see X P taking off And bitcoin's moving sideways here um Now that said Jeremy Hogan he he did Write something funny here so I thought I'd share this he wrote last week Bitcoin decoupled from tech stocks this
Week xrp decouples from Bitcoin next Week everyone keep an eye on your Spouses lots of decoupling going around Yeah that's pretty Good um now as far as what a couple of These chart analysts had to say talking About Xrp um the credible crypto shared some Perspective just this afternoon after The big price burst here made a actually A video where he was talking about Bitcoin and xrp and I don't want to Rehash all of his technical analysis so Go check out his video uh he's posted on X here fantastic analysis as usual uh But I'll just let you know a couple Interesting things he had to say about Xrp specifically because he noted that a Key resistance level is 66 cents but he He said that if we actually are able to Break through that there isn't any Significant resistance for xrp price for Quite a while so from his perspective he You know he said get ready for 90s Something Cent range uh should that Resistance be broken so it doesn't mean That he's highly confident necessarily That this will be the exact moment where It happens but he's saying if that does Go uh yeah get ready for a move to the Upside and then there was also Perspective from xrp chart analyst dark Defender and I want to share with you First a post that uh he shared on
October 25th and then I'll get you to The latest stuff he said but even on the 25th he was optimistic that we're going To be seeing some moves and was talking About support and resistance at the Particular point in time and he wrote hi All xrp's current price ranges between 66 cents and 52 C it won't be a surprise To see 66 cents shortly and then he Notes that the supports are again 52 Cents and 46 cents and resistances would Be 66 cents a buck 88 in $585 well I'll tell you what if I'm seen That $585 is a Particularly crucial um resistance level If we're actually up at that level I Ain't going to be crying I'll just say That and then he says but the real Surprise will be when things go Parabolic and that leads us up to uh Today because this morning you know so Many of us we woke up and checked the Price of xrp once don't you know it's Another one of those days where it's Just rocketing upwards and I don't know About you but uh maybe I'm starting to Feel I'm getting a little spoiled Because over the last couple weeks There's been such fun price AC in crypto That um I almost expect there to be Something interesting to look at every Time I open my damn phone but um but This morning dark Defender wrote The
Following uh High all the momentum is Still with xrp and then he shared a Perspective um of what he thought that The actual progress for xrp Price might Be versus what actually happen notes That it's actually fairly similar here Uh but he also noted again 66 cents Price resistance and then in a separate Post um he wrote get ready for one 5 for For xrp so we'll see what happens there Now um it's not just xrp that we should Be excited about like I've been saying a Fair bit lately even if you don't hold Bitcoin even if you're like me and You're not that excited about Bitcoin if You do hold and I do hold Bitcoin um even if that's the case you Should be aware of what's happening with Bitcoin and I'm just I'm happy to see That pretty much everybody's come around To this point the bare Market Market's Over obviously I mean we had the bottom In November of last year it's it's crazy That it's been almost a whole year since That bottom and it's only recently that We've seen some people come around to This concept but take a look at this Headline from the daily huddle top Trader predicts Encore big Bitcoin Rally From $28,000 says Bitcoin flashing comically Bullish Behavior a Trader who caught the Crypto rally earlier this year believes That Bitcoin is poised to repeat its
Recent Rally from 28,00 ,000 to a new 2023 high of $35,000 so and by the way depending on What source you look at Bitcoin did Briefly very briefly hit $335,000 anyway peace continue ponus Analyst Don alt tells his 9,100 followers on the social media Platform X that the next high time frame Resistance for Bitcoin is all the way up To $60,000 um and that's after Bitcoin Managed to close above $32,000 last week so he said quote huge Close very exciting we're officially Back in the all-time high range no high Time frame resistances till $60,000 left For me end quote and again it's like This is should go without saying at this Point but since the entire Market moves In tandem despite what some people will Have you believe about decoupling that's Not actually happening um we need to Have a way more with Mark before we Could have a talk about that but um you Know with the entire asset class moving In tandem as we see Bitcoin inevitably Rocking on up what do you think that's Going to mean for xrp because like I I I Tell you what I firmly believe that xrp Is going to substantially be Outperforming Bitcoin anyway peace Continues so looking at the daily chart Donal thinks that Bitcoin is in a
Position to repeat its rally a couple of Weeks ago when it abruptly surged from $28,000 without looking back and he said Quote almost comically bullish price Behavior could honestly not look much Better there obviously are no guarantees In trading but I'm more than happy with This price action in quote and so this Is starting to sound more and more like What credible crypto has been saying for Pretty much the whole year at least Right he's been saying hey we should Expect a new all-time high for Bitcoin This year now I don't know if that's Going to happen I don't make the price Predictions and he's been the only one That's been saying anything even close To that at least until recently anyway So so um I don't pretend to know because Look when stuff happens in crypto Pricewise it you faces get melted fast Okay they when when things start going And again it always seems impossible but Then once it starts going it really Starts going but now that we've seen This big jump over the last you know It's couple weeks or so now people are Starting to feel as though it's possible Again even though it's always been Possible we don't know for sure when This stuff's going to go but when it Goes It goes and so here you're just Having uh you know I'm just seeing more Recognition from more and more chart
Analyst not even just about this this Chart analyst in particular Don all I'm Seeing more and more people analysts out There anticipating that yes we could see Some blistering price action uh for Crypto broadly speaking but led by Bitcoin and again since this is the case What do you think happens is Bitcoin Goes up it's going to drag everything Else up with it including xrp it's just That I think the multiplier effect is Going to be so much more impressive for For xrp there's just less money so it's Easier to get a doubling tripling Quadrupling effect so on and so forth so Anyway just take these days when we get Them it's it's fun just just keep on Celebrating when we get these little celebrate every little bit along The way because I tell you we've had Enough nonsense and negativity Especially with what happened as a Result of the SEC in late 2020 we've Been dealing with that crap for most of The last few years and now that there's Legal Clarity and things are moving to The upside we deserve to have these Celebrations you don't to feel guilty For feeling happy about price going up Even if it's just a little bit there'll Always be those negative people out There when you're celebrating the little Bits they get sour about cuz some people Haven't gotten out of you know whatever
The hell PTSD did to some of these People uh in our community mind you I'm Like talk to me when it's at a dollar I'm like can we just can we take the Little Victory just let me take the Little let me have this moment okay so I Say celebrate I have a good time here We've had enough negativity over the Last few years but this is good Inevitably price was always going to Come back you know it's not the case That Bitcoin and xrp was going to go to Zero of course not They say of course not but uh not Everybody feels so convinced I just Happen to have a high level of Conviction that's all I'm saying 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
