XRP SEASON

XRP SEASON

hello this is Matt on the moon Lambo
Channel since we’ve had a fantastic day
as xrp holders despite it being a rather
bloody day broadly in crypto markets I
thought I’d highlight a bit more
perspective from a couple uh xrp
analysts out here including one uh post
is on your screen right now who says
it’s xrp
season I think that that pretty well
sums up where we’re at in this
cycle now of course I’ve been saying
recently and this is true I I don’t know
for sure if we’re at the literal B if
you’re talking about xrp against
Bitcoin but even if we might be like
there I think there’s a reasonable
argument to be made like we bottom in
fact this I’ll show you what this
analyst says he’s like yeah it looks
like we pretty well bottomed but I’m I’m
just going to tell you this even if not
there will be a bottom the asset class
moves in tandem it doesn’t matter that’s
my conviction so we’ll talk about this
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 damn it and just for fun
so here we are xrp season and it’s funny
because in light of the fact that I made
a video where I was highlighting and
destroying the bogus narrative about
Ripple secretly hiring you know
operatives in the xrp community
including YouTubers uh you know to to
say good things about xrp or whatever
the like be there are always people that
make this claim and somebody responded
to him I don’t know who this guy is but
he wrote either because again crypto
this is chart analyst cryptos he said
xrp season and it’s like you’re we’re in
an environment it’s it’s fun when
there’s an exciting day I share stuff
that’s exciting and exuberant have fun
with the damn Market but here here we
get crap like this because it’s the
internet and this guy said uh either
engagement farming or paid by Ripple oh
dear sweet baby Jesus like what what
would that even do like what what would
that what would this do there’s so many
people talking positively about xrp
because the community is full of
literally millions of people they’re
they’re gonna they’re paying cryptos
here to do that because reasons what
does that even do for
ripple in fact and also if you’re
talking about anything where they’d be
promoting Ripple specifically which
you’d think of anything would be the
smart move from a brand perspective like
wouldn’t that be their point well even
that anything Ripple’s doing with xrp
historically uh you know share all the
good news in the world that hasn’t
helped the price of
xrp what actually moves the price of xrp
is Bitcoin it’s the entire crypto asset
class moving in tanem it just is and yes
in the mature asset class it is true
that I think those coins with utility
will be the ones that stand out and have
long-term viability and it is true that
even though the asset class moves in
tandem those coins that people believe
are most useful uh end up you know more
likely to be towards the top that’s why
xrp has always been the top 10 coins by
market cap but still broadly speaking
Ripple announces some good news no it
doesn’t matter and so you could feed
secret operative info which isn’t
happening and it wouldn’t do anything it
wouldn’t it wouldn’t do a damn thing
here so I just think it’s funny and so
kryptos has a sense of humor and he
wrote to the guy and said Brad and I go
way back yeah it’s just the most
ridiculous stuff here anyway let’s focus
on the fun stuff though for the rest of
the video we we got some good stuff here
here’s some perspective from chart
analyst cryptos to set this up uh this
post was from April 25th and what we’ve
seen to this point is what he was
calling for which is why it’s
interesting so the chart on your screen
is just an xrpusd chart again going up
to April 25th and he was noting that uh
there was a good chance if the market
goes down you’d see xrp price move back
down right here where I’m circling on
the screen uh perhaps as low as closer
to 46 cents and we didn’t get quite that
low but he was saying after that it
would you know kind of bottom out of
there and so here’s what he wrote on
April 25th I think the xrp bottom is in
however if we do see market sell off
next week which is now folks if we do
see Market selloff next week I think we
should see more of a double bottom
formation before we flip bullish for
good
xrp and so look at that chart April 25th
now here’s the update to where we are
now and he posted it in the morning here
but still look at this beauty that’s
what he says xrp playing out as expected
and indeed the whole Market did go down
and this is what he’s been calling for
so let’s see if the rest of what he
called on April 25th comes to pass um
that would be fantastic I’m ready for
this thing to go you know my bags have
been packed for years though so you know
uh but yeah move to the upside in short
order getting above 60 cents in fact now
he was asked on April 25th mind you
we’ve got the benefit of hindsight we
know that there was a market-wide
pullback and there has been in
particular over the last couple days but
somebody named Eric wrote to him and
said why next week selloff bro and
cryptos shared that perspective he
linked to something already explaining
it from April 24th and he wrote total
crypto market cap rejecting that
resistance as I mentioned if we are
unable to close back above resistance by
Sunday I will be expecting one final
Market move to the downside that will
send us retesting the weekly 21 Ma and
significant weekly support around the $2
trillion level and folks that’s kind of
what we’ve seen for the entire crypto
asset class it did get fairly close to
that I mean maybe it was over 2.1
trillion still but you know considering
that the other day it seems like we were
at what 2.7 2.8 trillion something like
like recently we were somewhere up there
anyway uh that’s a bit of a
pullback and so he was just warning well
and so that did come to pass so what
about now well in the morning he posted
this he said xrp weekly candle will
close green so he’s very optimistic we
got the rest of the week to go but he
believes Yep this is it this is now mind
you this has been his conviction for a
long time in fact he was just like I
just showed you on the 25th of April he
was talking about this it’s now May 1st
as I record this so it’s unfolded in the
way that he was expecting it to based on
what he saw in the charts and he’s he’s
calling so we’ll see if he’s right I
mean put his neck out there I respect it
xrp weekly candle will close green and
then in this post he said and this is
from this morning he said high xrp
before weekly close above
60 so mind you we got as low as 48 cents
this morning and he’s saying by the end
of the week he’s expecting us to close
above 60 cents now I don’t I don’t look
I’m not a CH guy I don’t like I don’t
make predictions I like to share what
multiple analysts are talking about on
this channel I think that’s useful it’s
great to go if you know you got your you
know one I’m sure a lot of you have a
favorite CH guy you go to and that’s all
well and good but I think there’s
utility in treating every single chart
analyst out there the reputable ones
which is subjective cheat treat each one
of them as a data point Clump them
together and see where there’s overlap
in opinion that is interesting and so I
do that on this channel quite a bit and
it’s just interesting that all sorts of
analysts are noting guys it looks like
whether it’s literally this or not it’s
it looks like we’re pretty much here
everyone Under the Sun that I that I
consider to be reputable is speaking
along these
lines here you have a post from
documenting Ripple on social media
platform X wrote xrp massive bounce a
bottom on the xrp BTC has historically
been a sign that xrp is moments away
from a massive breakout against the rest
of the crypto Market every other time
this has happened xrp has pumped at
least
1,000% get ready things are about to get
crazy and this is true this is just
Based on data it doesn’t mean we know
for sure what’s going to happen but my
God don’t you think like humans having
the same DNA that they have don’t you
think that maybe it’s going to be
something kind of in the ballpark of
face melt you know something like that
at
least I would Hazard a guess and that
that would be yes that that that would
that would be my guess especially when
you factor in like think about this the
moment in time that we’re in right now
all these metrics I’ve been talking
about and including xrp dominance it’s
it all looks like what you’d expect it
to be before XP goes crazy right and
then on top of that we know that the
market values xrp because it’s one of
only three cryptos in existence that has
always been in the top 10 coins by
market cap and in the case of xrp that’s
despite the SEC attack for multiple
years it’s stayed there so we know the
market values it what happens when we’re
in a bull market and all of these
metrics are hit yet again that’s why for
me I I just I have a very difficult time
believing that we won’t see some serious
face spell in
action if we’re going to see an actual
legit full-blown alt season my
conviction my bet is that xrp absolutely
will be a part of
that here’s a post from chart analyst
ereg crypto xrp BTC YOLO band and you’ll
really need to look at the chart on the
screen if you want to you know take this
insufficiently here but he’s noting uh
so he’s got the xrp BTC chart and he’s
got this blue band towards the bottom
and if if xrp price against Bitcoin
reaches that well that’s that’s the
point where a lot of uh people would
think wow that looks awful it’s too
scary I’m not going to buy it it’s just
going to keep going down and that’s how
humans uh tend to work it’s not you know
particularly logical if you have data uh
you can see that that doesn’t make sense
it’s just your emotions telling you it’s
dangerous to buy here right that’s just
how it works when you know because
stocks and crypto those are the only
things in existence where they go on
sale and when they go on sale and cost
less no that’s when nobody wants them
okay
so so that’s what he’s calling the
yellow band that blue band towards the
bottom there and he says I’m cautiously
optimistic about the xrp BTC pair move
move unless we close above
0.000000001 and I think he meant below
because it would be great to close
higher than not and then he says back in
2017 we saw Bounce from the YOLO band
first followed by a 45% dip which turned
out to be a light life-changing buying
opportunity now some newbies might also
uh might ask so xrp will drop
45% and so I’ll just pause to note here
and if you’re looking on the screen you
can see what he’s talking about here and
again this is xrp priced against Bitcoin
so if you look when he had this major
move right here that would have been
when xrp had a major run and it was
running up against the the dollar also
of course went from about half a penny
to something like 42 cents then it had
this pullback because it xrp did have
two major bursts uh for that market
cycle and it did last Market cycle too
had two major bursts and so in 2017 it
happened I think April I want to say
April of 2017 and then obviously the
second one uh December of 2017 that’s
why you saw that why you saw the drop
here it didn’t do it all in one go right
although the the the first per like in
terms of percentage gains the most
opportunity was in the first Burst when
you went from half a penny to 42 cents
roughly that’s a major move that’s not
quite a hundredfold increase but you
know that’s a big one but then going
from roughly 20 cents you know up to
where it got close to four bucks in
terms of the multiplier that’s not
nearly as much but then when you look at
the whole thing from half a penny to
almost four bucks that’s where it gets
ridiculous and it was some stupid like
80,000 per gain or whatever it was but
yeah there’s a pullback and then for a
lot of people that represented
opportunity a lot of people capitalized
on that and then we did have that final
blast off and so he says again here now
some newbies might ask so xrp will drop
45% to them I say since you are new let
me explain it means that Bitcoin might
be pumping and making another all-time
high indicating that xrpusd is still
stable and so that is obviously un
questionably true as well part of the
factor is that um after that big pump
xrp did lose a value against the dollar
but it also lost value a lot of value
against Bitcoin because xrp once it came
back down traded sideways for half a
year and then Bitcoin kept going up and
so since Bitcoin kept going up and xrp
was more or less stable for half a
freaking year during the Bull Run uh
that’s why it continued to go down
against Bitcoin that’s what that was it
didn’t mean there was an opportunity
though and so that’s why as I always say
either you have
exposure when these things happen or you
do not but to try and fomo in when you
see it start to move you’ve probably
missed a substantial portion that’s why
it’s just I I’m never going to play that
game once something starts going I don’t
fomo and rush into stuff I let it go I
position myself before the bull run then
when it goes you know happy dance every
time one of the coins I have I own you
know starts rocketing great but I’m not
going to fomo into stuff but all but
that’s human nature that’s what most
humans will do green candle don’t care
what the coin is that the green candle
oh it’s xrp this time yeah that’s how
humans B they’ll just give me take my
money you know it’s one of those moments
that’s what’s going to happen
here and then he wraps up up by saying
xrp Army stay steady the next 6 to 12
months could be a lifechanging time well
Egra crypto I’ll tell you what I’m
counting on it now I no I don’t pretend
to know exactly what the timeline will
be but I will not be surprised if it’s
within that time frame of 6 to 12 months
you know I would not be surprised if the
market tops off in 2024 don’t know for
sure wouldn’t surpris me in the least
though I think there’s a real good
chance of that so yeah as far as the
lifechanging wealth that we’ve been
waiting for many of us years on in I
think it’s super close this is the
closest we’ve ever been we’re just about
there we’re almost at the Finish Line
all we got to do in the meantime is
nothing can you handle that though I
mean I can I’m really good at doing
nothing then there was this post from uh
Nick crypto Crusader I’m not going to
read the whole thing but I wanted to
read the top part which is relevant to
xrp and he said so much frustration
hopelessness and fud has now infiltrated
the timeline he’s talking about the
timeline on X of course and he says xrp
specifically has a lot of bearish
sentiment surrounding it at a time where
the Bitcoin pair and the dominance chart
are ranging in an uptrend both of these
charts have been historically oversold
for a while we are now witnessing the
RSI creeping back up and they both
crossed the moving average already so
folks again whether this is the actual
bottom or not and some have conviction
that it probably is but even if it’s not
there will be one we will see a move to
the upside unless this is actually the
end of the market cycle which I do not
believe I think we’re going to just the
the most fun part the grand finale I
believe that actually is ahead of us
we’re going to find out together and if
that’s the case you better believe xrp
is going to be a part of this I’d be
shocked if xrp after moving in tandem
with the market broadly speaking for its
entire existence is like no I’m going to
sit this Market cycle out for the first
time ever
with legal Clarity like are you what
that doesn’t even make that doesn’t
compute and fine if that happens we will
have that come to Jesus moment we’ll
have that conversation where wow we
probably got something wrong maybe we
are just sitting here in an echo chamber
but I don’t believe that is the case you
know I tried to perceive of all like
look I don’t want to lie to myself I
hold a bunch of xrp if it’s a bad idea I
don’t want to do it so I’m
intellectually honest with myself and I
share with you my actual thoughts on
this channel and if I’m wrong then I’m
going to have to figure out what the
hell I’m wrong about but like there are
tons of us around the planet that in a
general sense think yeah this is going
to be worth way more in the future we’re
not all crazy here I don’t believe now
if we’re proving to me wrong yeah we’ll
have that conversation I just don’t
think it’s it’s likely to happen I not
remotely so if xrb doesn’t hit a new
alltime high if anything I think it’s
more likely that there was a Black Swan
event and everything fell
apart that I could buy that’s about it
though I’m not a financial adviser you
should not buy yourself anything because
of anything I say or right that would be
a very very very bad idea until next
time to the Moon Lambo

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DISCLAIMER: I am not a financial adviser. None of what I have communicated verbally or in writing here should be considered financial advice; it is not. Do your own research before investing in any digital asset, and understand that investing in any cryptocurrency is inherently risky. If you do, you need to be prepared to lose your entire investment.