XRP: This Is The Time TO BE BULLISH

XRP: This Is The Time TO BE BULLISH

hello this is Matt on the moon Lambo
Channel I’m going to share with you in
this latest Moon Lambo Hot Jam
perspective from a number of chart
analysts and boy do I have a number of
indicators you should be looking at
right now because I’ll tell you this by
the time this bull cycle is
completed we will know we will be proven
to have been correct specifically about
xrp and yes there’s all sorts of haters
out there and the toxic Bitcoin Maxi
trolls and all that jazz but if you
think xrp makes sense and sometimes
you’re a little iffy about it uh just
let you know right now you are not the
only person that thinks xrp makes sense
and there it’s it’s fine look in any
crypto Community you’re going to find
the hypey people and it’s just Rah all
day sometimes reaching out into Fantasy
Land there’s some of that in the xrp
community talking about xrp going to
$10,000 on a bunch of BS nonsense of
course you’ll get that in any Community
but I’m telling you the reason that it
makes sense is grounded very squarely in
reality there are all sorts of reputable
reasonable individuals out there wealthy
successful people that believe that this
makes sense and so there are the utility
reasons but even if you’re just looking
at uh you know just a crazy bull run
like xrp participates in these crazy
bull runs we’re in one right now and yes
we’re in a little bit of a consolidation
phase over the last four to six weeks
whatever it’s been all the days blur
together at this point but you don’t
stay there forever the trend I believe
anyway is going to continue to the
upside and so time will prove that you
are right about xrp that’s what I
believe that’s my conviction but uh 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 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 7:41
a.m. uh Sunday April 28th 20 24 xrp is
just a hair shy of 52 cents Bitcoin at
63720 bucks so we just continue to range
sideways same story with the crypto F
and GRE index 65 out of 100 so about
what it’s been well in recent weeks
that’s pretty much about where it’s been
a little higher a little lower
whatever uh here you have a post though
from chart analyst Mikey bull crypto and
this is highly consequential and I’m
going to get into the X xrp specific
stuff that’s the bulk of this video but
let’s talk about this first because
Bitcoin leads the market and what do we
what do we
see what like what what
precedes um you know or allows rather
let’s use that what what allows for um
or or that’s not even the most precise I
can more precise what occurs when uh
when we see alt season happen what
what’s happening also when you see alts
take off you see Bitcoin dominance go
down this is a Bitcoin dominance chart
dating back to the beginning part would
be
2021 and here’s what Mikey B crypto Road
altcoins Bitcoin dominance uh Bitcoin
dominance top has been confirmed and
breakdown is imminent tighten your seat
Bel for the upcoming Maniac phase of alt
season and so folks that doesn’t mean
it’s going to happen today tomorrow next
week I don’t pretend to know exactly
when it’s going to happen but we are
roughly speaking in that moment and so
he’s noting here in this chart that this
is a the structure of a bearish rising
wedge for Bitcoin dominance not for
bitcoin price but for dominance and so
Bitcoin uh will continue to move up in
price I don’t pretend to know where the
Top’s going to be I wouldn’t be
surprised if it’s if it’s six figures I
wouldn’t be surprised if it’s 120 Grand
maybe 150 Grand that wouldn’t be crazy
to me and then that’s not a prediction I
don’t make predictions on this channel
it would be disingenuous I don’t know
I’m just saying that type of range
wouldn’t surprise me and and so what you
will see is yeah the bit bitcoin price
will continue to Trend up and it’ll
eventually hit a peak somewhere but the
dominance is going to decrease because
altcoins will perform better that’s all
that that that is and so he’s just
noting here the chart says this is where
Bitcoin dominance Peaks and and you’ve
seen similar stuff if you look in
previous Market Cycles so we’re we’re
basically about there so people have
been discontent in recent weeks I
understand that it hasn’t been as
exciting as the first part of this year
but welcome to a bull cycle that’s like
it’s not all rainbows and sunshine and
puppies and ice cream and all that crap
there are periods where you have
pullbacks that are notable this is one
and some people have been shaken out uh
to me I’m just more excited enough this
is the most excited I’ve ever been to be
in crypto and so the fact that there’s a
pullback in a bull market no I am I am
not taken by that here’s a post from
chart analyst Matthew Highland this is
the crypto total market cap excluding
Bitcoin and ethereum and he wrote the
time to be bullish on alts is now but
most people won’t see that uh say that
see that until it is too late and so he
can he circled here in this light blue
color where we are right now so there’s
been a pullback and like I just said a
second ago people are down people in the
dumps here and then it took off but what
didn’t we just have this didn’t we just
have this occur in the beginning part of
2024 which he also highlighted in blue
right here and then and then alts took
off yeah we we had a lot of all that did
you guys already forget that because
we’ve had a lot of really positive
action for altcoins this year and yeah
there’s been a pullback and so it’s in
another accumulation period this is
normal for bull
markets uh here’s another post from him
and this was he shared this as well this
is on February 4th of this year he also
he wrote the same thing here the time to
be bullish on alts is now but most
people won’t see that it until it’s too
late and so he he shared the moment in
time that we’re in right here and you
for those you looking at the screen can
see what I’m talking about compared it
to 2021 and compared it to 2016 and you
know what happened uh then going into
2017 ballistic and and this charts um
the market cap just excluding Bitcoin
that’s what this particular one
is unless you think this time is
different famous last words I don’t
think this time is different uh here’s a
headline from the crypto basic pundit
identifies last xrp buying opportunity
before it hits $2 I don’t need to read
the article I just want to share with
you the content that they were
referencing it’s from an analyst that I
wasn’t familiar with but I found it
interesting so I thought I’d at least
mention it here uh it’s Henry at Lord of
Al and he seems to be fairly popular got
40,000 followers on social media
platform X and he shared this xrp USD
price chart and um and wrote The
Following he said xrp last buying
opportunity before the Bull Run 2024 to
2025 so I’ll just pause right there
State um although if I had to guess I’d
suppose that we’re more likely to see a
top in 2024 it could be 2025 or maybe
some of the excitement bleeds into 2025
even if the top is this year either way
we’ve got a lot of fun ahead of us I
personally believe as far as the xrp
last buying opportunity so here’s the
deal and I’ve mentioned this a little
bit recently but I’ve been hearing this
is the last moment to get xrp at this
price for over six years since 2017 I’ve
been hearing this at various price
points higher than this and lower than
this now eventually it’s going to be
true eventually it will be true and so
for most of the last six years I brushed
that off but when we’re in a bull
market that’s when it becomes genuinely
truly plausible to me per perhaps
likely because again like you’re at the
depth of the bare Market people are
saying yeah yeah yeah well we don’t know
how long accumulation is going to be for
sure we don’t know when the market
starts ticking to the upside yeah yeah
yeah last time okay how how was are
we’re going to be be saying that a year
later and in some cases the answer is
yes but this we are in a bull market so
this is where it starts to make
sense that’s why you you you haven’t
heard me saying this is the last
opportunity to buy xrp I don’t think
I’ve ever said that
honestly because I’ve never believe that
I can’t think of a single instance in my
six plus years in crypto saying that on
social media platform XR on this YouTube
channel but I will acknowledge you know
if there’s going to be a final moment
then it’s probably close to now roughly
speaking you know it’s going to go now
and then he said are you are you ready
for lifechanging gains xrp holders This
is Our Moment let’s fing go xrp is ready
my target is $2 so I just by the way I
don’t know where he thinks xrp is going
to top but yeah to get the party started
that would that would be perfectly
reasonable xrp typically historically
anyway doesn’t just have one go and then
that’s it it has major bursts sometimes
like in the case of 2017 half a year
apart there’s a major burst and then
dead for six months and then another
move to the upside so we’ll see what it
looks like for this Market cycle but
uh there are this is why I said at the
outside of the video it is not just you
if you think xrp makes sense if you
because even set aside utility which
I’ve talked about so much for over six
years it’s a real thing there are real
people building real things There’s real
adoption the market has spoken xrp has
been valued in the top 10 for over a
decade for reason it’s not an accident
if it didn’t make sense it wouldn’t it
wouldn’t it wouldn’t be able to sustain
for over a decade with that with
especially with the SEC
lawsuit and and so even if you’re just
talking about the asset class moving in
tandem then I still even if that’s a
primary driver-free IR rationale because
that’s a big part for me personally that
still makes sense it it just does here’s
a post from chart analyst Tony seino uh
talking about xrp BTC and he wrote xrp
BTC is forming a hammer candle on the
one month this is a possible reversal
signal in Japanese Candlestick analysis
xrp could soon outperform Bitcoin okay
so what I’ve been highlighting in recent
months is that there are the xrp haters
who say look at how bad xrp is this is
proof that it’s never going to go above
above where it is now and it’s just
going to keep bleeding out against
Bitcoin and then in those instances I
laugh at them and I do so on this
channel and I point out to you that that
is ridiculous they’re being toxic and
disingenuous are they stupid or ill
informed because what actually happens
at these moments when xrp is price a low
against Bitcoin is that indicates
roughly the bottom before it bursts to
the upside in a bull market which is
what we’re in right now that’s exactly
what we’re in right now that’s why I’m
excited to talk about the xrp BT chart
so much and I keep tracking it and so he
was talking about a hammer candle I’m
not a chart guy I’m not pretending to be
I don’t want to be one but I do value
the chart guys out there and um like the
ones that know what they’re doing like
they offer True Value to the crypto
space which is why I track so many and
talk about their perspectives on my
channel because I get value out of that
and so I know that you guys will as well
and and so he’s talking about a hammer
candle I I don’t know what that is so I
just looked it up and I thought I’d
share it with you what is a hammer
candle Candlestick this is not from
invest investo Investopedia a hammer is
a price pattern in Candlestick charting
that occurs when a security in this case
a crypto trades significantly lower than
its opening but rallies within the
period to close near the opening price
this patter forms a hammer-shaped
Candlestick in which the lower Shadow is
at least twice the size of the real body
the body of the Candlestick represents
the difference between the opening and
closing prices while the Shadow shows
the high and low prices for the period
and they noted
this Hammer candlesticks indicate a
potential price reversal to the upside
the price must start moving up following
the hammer this is called a confirmation
and so maybe the bottom is in for xrp
BTC I don’t know for for sure I don’t
pretend to and I don’t have to and it
doesn’t matter for me eventually one is
formed so if maybe this is it and if
it’s not then we’ll have one there’s
going to be a floor to this there is and
so on the way to finding the floor in
previous Market Cycles it was the same
story you didn’t know for sure it got
really low oh my God there’s a big gap
xrp’s crap that’s what they would say
but eventually there really is a bottom
and so you can see here’s the the xrp
BTC chart on the one month and this look
at how it’s been performing since April
13th when it bottomed out it just right
back on up and it’s it’s looking good to
this point we’ll see what happens there
so um when he’s talking about xrp BTC
and this particular formation this is
what he’s talking
about here’s a post from chart analyst
egreg crypto also talking about the xrp
BTC pair so it’s xrp priced in Bitcoin
xrp BTC official Bull Run announcement
since February 22nd I’ve been
highlighting that the official Bull Run
will kick in once xrp BTC touches a
specific
point and then he says uh the xrp BTC
chart is resonating with historical data
giving off strong Shilling Vibes major
resistance
00001 1667 and then he what he calls
Valhalla Gateway
0.000027 and then he wrote xrp Army stay
steady because xrp is poised to change
your life and the lives of your
children’s
children and for some people I do
believe that’s true depending on and you
know to what degree that’s going to
happen
it depends on how much you have how long
you hold how high it goes it’s very
Dynamic here but that’s the thing I love
about crypto is the opportunity truly is
here I firmly believe that and so if you
look at this chart the xrp BTC chart
he’s noticing these moments going back a
decade literally multiple cycle
different Cycles showing xrp looking
like crap here it is in 2014 folks look
at how it’s dismal look at how xrp just
just crashed on down against Bitcoin
terrible oh it’s that must mean it’s
just going to do that forever right
that’s what the disingenuous chart
analysts that love Bitcoin would have
you believe and that’s what they say
every single Market cycle this happen
see it’s crap oh xrp does not belong on
your portfolio oh okay thanks thanks for
the financial advice you freaking idiot
stick and then it just burst to the
upside that was 2014 same story here
2017 well how about that are we
surprised here same for
2021 and of course this wasn’t as big a
burst to the upside but there was an SEC
lawsuit might that have been a major
factor yes doesn’t take some sort of
Genius to understand that and here we
are at this moment where it’s again for
the fourth time in the last decade it’s
back at that at that that place where we
are right now that’s another bottom for
the fourth time but is this time
different I don’t believe so for a
second I absolutely do not unless we get
a Black Swan event and there’s it’s like
everything called off there’s some sort
of global event outside of something
like that no it’s going to go that’s
what I believe and nobody knows for sure
what’s going to happen with xrp price
I’m just sharing with you what I
personally think is probable here’s
another post from chart analyst e Greg
crypto xrp BTC and this is an RSI update
so this is an RSI chart for for
xrp relative strength index he says the
RSI for xrp
BTC on uh on the monthly chart suggests
the next move could Target the 53 region
and so folks this is one of those charts
be yeah it’s better if you can look I
know a lot of you are doing other stuff
where you can’t it’s okay uh driving
whatever keep both hands on the wheel
motorist at 10 and two letd crash
perhaps into a fish crossing the 61 mark
on the weekly time frame could signal a
partial exit strategy allowing for a
recovery of my Capital the remaining
exit strategy could be considered above
70 xrp Army stay steady the potential
for generational wealth is Within Reach
yeah and I I I I agree with the
sentiment I there’s that’s why I’m here
that’s why I’ve been here over six years
just sitting your hold and being more
patient than everybody else because
that’s how you win that’s it I just sit
here on hold I don’t do anything price
goes up cool price goes down okay
whatever and then one day if it goes up
sufficiently I will be enticed to sell
but it needs to become it needs to go on
a a crazy rip or or it needs to become
an
outsize portion of my my net worth
overall anything along those
lines okay and I think that that’s
what’s finally going to happen this
Market cycle but I’ve just been sitting
here and waiting like a lot of my stuff
that’s worth a ton of money now I say
that subjectively for me um you know
I’ve been holding it since
2017 so it’s it’s true of xrp it’s true
of eth it’s true of my my Bitcoin pick
chain link I got a bunch of cardano I
have a ton of coins and and so yeah I
haven’t sold I didn’t sell that market
cycle I didn’t sell the last one you can
laugh at me but my net worth is way more
than it would be if I weren’t doing this
and so I’m idiot proofing this by not
taking taking action and refusing to
take action until or or unless it’s it’s
substantially higher than than where I
but also in terms of do that’s it and
and so even those I have some coins that
have been way up in terms of the
multiplier effect uh I I’m I’m looking
at my overall portfolio that is a factor
and so I wanted my portfolio to get to a
point before I start just selling
everything so that’s why I didn’t in the
last two Market cycles and that’s not
what most people do it’s it’s rare what
I’m doing to actually hold on throughout
all this I understand that what I do I I
understand that makes me an odity in
that case but it works I just and I made
this decision in 2017 folks when I when
I jumped into crypto I decided I’m going
to treat this the same roughly speaking
as I treat equities because I know in
equities if you’re just investing in the
stock market broadly speaking over a
long period of time like that you just
you don’t touch it it goes up it goes
down it goes up it goes down because my
bet was that it would like the ass class
on the whole be way bigger over time and
that I would pick some stuff that would
win and probably a bunch of losers too
and that’s fine that that was my
suspicion back in 2017
and and and then frankly more coins than
I expected are at least hanging on to
life here frankly uh so it’s actually
better than I would have guessed in 2017
in that regard you know six years out no
I would have thought that it would have
been looking worse than it does in that
regard I thought I thought more coins
would have been dead by now they’re not
there’s there’s tons of coins that are
alive even the old ones so um so anyway
all that to say I just I’m just going to
keep holding it’s it’s same thing I do
with the stock market and I don’t care
and then eventually you know when this
becomes if if if my portfolio on the
whole or certain things start to go and
I know we’re in a bullmark that would be
the time when I sell but I I’ve been
waiting for this time where my portfolio
on the whole would be I believe
substantially meaningful in a bull
market so what it is right now even if I
don’t buy anything else I yeah it’s
great where it is in terms of dollars I
willing to sell now no so I’m looking at
the quantity of the crypto that I have
and in this bull market I believe it’s
going to be sufficiently where I would
be enticed in terms of dollars so I’m
going to start selling stuff and you’ll
see that as I’ll start talking about
when I finally cash out to USD which I
believe is going to be sooner than later
when when alts start going back up
you’re going to see it’ll just be a
little position here and that first
thing I sell whatever it is in into USD
it’s not going to be life-changing but
it’s going to be a first step in this
bull market for me selling stuff that’s
what I’m saying and so I’ve just been
super patient I know people generally
don’t do that they like to time the
market get in and out of stuff but I
decided no uh people usually mess up
doing that stuff and maybe it works out
for them a lot of the time but you can
really screw yourself up so I just
decided no I’m going to not touch it I
am hands off I’m I’m just going to Med
proof this thing as much as possible and
that strategy has worked for me it just
has I know most people emotionally would
have trouble not doing St like people
have a hard time not doing stuff I’m
good with it I’ve made peace with that
it’s the same way I treat my stocks so
it’s just is what it is so I’ll stop
yammering on but I’m excited it’s like
we are that close and there is every
reason Under the Sun to believe that we
are right about xrp and it is going to
hit a new alltime high and it is going
to enter price Discovery and if I’m
wrong then I’m wrong if we’re all wrong
then we’re wrong and that’s possible but
and then we’ll have a big talk as a
community about like okay what what are
we not getting here but it doesn’t even
make sense then why the hell is xrp
still in the top 10 why does the world
think that it makes sense even
throughout that lawsuit if we’re wrong
it just doesn’t make sense so I think
we’ll be fine but anyway 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

Follow me on Twitter: @moonlamboio

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.