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Hey welcome back to the Channel Austin here so I think it’s starting I think there is some stuff starting to absolutely take off specifically related to xrp uh and we’re also going to take a look at some of other opportunities that are out there uh that I want to share
With you that I’m starting to see some things some trend lines wanted to share all that with you if you’re new to me subscribe hit that like button please hit the like button that tells the algorithm and helps us as the xrp spread xrp Army spread the word so let’s jump
Into this right now we’ve got crypto taking off this has been something I’ve been watching now for the last four or five hours this morning uh and kind of leading into right now early afternoon uh we’ve been incrementally moving up dramatically uh we’re close guys to
Getting back up over that 1 tril 700 billion mark But the overall Market is up 3.7% uh Bitcoin and really it’s ethereum that’s taking the taking the the lead here ethereum up seven plus percent Bitcoin up almost 3% but I wanted to show you the it starting uh kind of
Scenario scario the starting state is xrp is up itself it’s up 3.78 63 C I want to take a look at volume volume is still down which tells me it’s still not quite hit its stride yet here relationship to this look at this right here you can see this one day just
Moving up dramatically I realize it’s that’s just a straight you know going up incline if you will but from 61 cents very very steadily moving up um so wanted to show you this on trading view this is interesting we’ve been consolidating now xrp for for quite a
While in fact that is really going back to the second week of November so we’re literally coming up on six weeks of this this sideways consolidation action now we did break up over that but since we’re pushed back now you can see we’ve really gone up and hit this line you
Know one two three four you know then you kind of have all this five six seven eight we’ve been pushed back from this resistance of that you know 64 cents range approximately so that’s the resistance resistance level that you know that really we’re kind of looking
At and right now we’re trading at 63 cents but really I think the overall narrative I want to I want to leave you with or kind of point out is that you’re starting to see money flow into the major altcoins right and you’re seeing we all know what’s happened with salana
We’ve I’ve done a bunch of videos there craziness there good stuff we had a lot of money flowing back into cardano but we’ve also got money coming back into polka dot polygon chain link look they’re up each respectively you four 14 11% continuing on shibs up almost 5%
Moving back in So Cosmos and and and uh there was another one here I wanted to point out oh yeah optimism so you got a interesting pl we got a lot of money flowing into into the other layer ones and Layer Two um ERC you know ethereum layer twos so interesting scenario
Playing out here where the the starting Factor here is I think that this is the beginning of the runup moving into uh 24 now if we continue to see this play into tomorrow you know Thursday Friday I think this is money dramatically flowing back in anticipation of what the Bitcoin
ETF right and so we’ll see that play out uh I don’t know if you saw this this is interesting right here micro strategy is just purchased an additional 14,622 Bitcoin $615 Million worth now that’s adding to I think the fuel that you see here is that when Michael sailor micro
Strategy do their thing usually you see more money start to flow in as well um this brings micro strategies cumulative Bitcoin asset to about 7.8 uh billion dollars probably actually worth probably about eight billion now that’s how much Bitcoin they own so that is uh uh tremendous and I think micrell
Is one of the best vocal advocates for Bitcoin and quite frankly for crypto out there for us so I thought it was worth mentioning there so yeah I think we’re continuing to see this but we I think we could start to see xrp move up uh along
With some of the other altcoins and I’m watching it for you so to give you some perspective like some of the other ones that we’re seeing moving up like this is cardano It’s moved up in the 60 last 66 days 150% did you know that it’s up 150 50%
149 150% the last seven days this is polygon look at polygon’s kind of doing a similar thing it’s just broken out uh but from this buy alert to that right there that’s 103 % in 67 days so a lot of money started quietly flowing back into the altcoins um to an extent xrp
But again a lot of these other layer one layer twos that’s really where I’m seeing the money go right now is a lot of these other layer one Andor layer twos flowing in and polygon is just taking off we just looked at that salana we all know the story there 72 days it’s
Up three 384 per. these are this is my software by the way X1 algo it’s a trading indic Ator giving you these buy and sell alerts and you can see that’s salana I just showed you cardano if you’re interested links in the description below if you want to check
It out there’s a discount code down there there’s a 30-day money back guarantee so go check that if you’re interested with that you want to get a little bit of a an an additional um you know Edge if you will to your to know when to buy and when to sell I have
Alert set sent to this device whenever it just tells me when to buy and when to sell and that’s what I do so yeah I think it’s interesting to K I’m really watching ethereum for you and to an extent watching some of these other guys but but xrp I think it’s starting to
Move we’re going to start to see it kind of start to break out of this consolidation you know pattern that I was showing you here this is something I’ve been tracking now kind of watching for a while uh I continue just to have these lines here and they just it’s just
Proven and it’s just consolidating but we could start to see right here at the end of that and is where it’s starting to move back up see where that green circle is kind of see it starting to move back up we need to break above that
Resistance level of of you know 64 cents uh that’s what we’ve got to get above so that’s where we’re at right now let me pull up xrp as a final thought we’re at 63 and a half cents um you know volume still a little low which is interesting
Uh but we’ve got this move up 3.45% so all right go make some money I’ll see you bye
49 Comments
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