Transcription
Hello, this is Matt on the Moon Lambo channel. XRP price prediction. Analyst sees $18 surge amid digital euro testing. That's the headline from the tradeable. And you know who they're referencing? It's this guy right here. I've covered him on my channel before. Oliver Michelle. Maybe that's how you pronounce the last name anyway. But uh he's the CEO for a company called Tokantus. And this is a German company. They are an investment firm that directly invests in cryptocurrencies like XRP um as well as equities in the blockchain world. And this guy, as I'll highlight towards the beginning part of the video, uh he's been very bullish about XRP. In fact, he was preaching that XRP was going to ridiculously outperform the rest of the crypto market in 2024 before it started moving. He could see what so many analysts couldn't.
Now, the analysts I follow, they could all see this. you know, because I'm very selective about who I follow. And so, so it was fascinating though and I talked about it at the time. I was like, "Guys, um, what what these analysts are seeing in the chart, you know, even if you go go back to like summer of last year, what they're seeing in the chart, it's the same thing that this CEO of this investment firm uh saw was saw was going to happen." And now the same guy is saying, "Yeah, XRP looks like it could hit $18." So, let's find out if that plays out here.
Now, there's another part of this conversation that I haven't been focusing on yet because we're still waiting for the truly fun face melting part of this rally. But, uh, it's it's worth discussing. Now, just please be aware that XRP will not go up in price forever. It's going to be it's going to end up in a bare market at some point in the future after it rockets to the upside. And it's going to if if history runs with itself, as almost certainly will, uh, ex the price of XRP is going to plummet dramatically. In fact, one popular chart analyst who is a major XRP bull, by the way, he believes that XRP could get down to the 80 cent to $1.30 range, and I want to share with you some historical data on on drops after XRP peaks and and what it means in the bare market. Um, it'll give you an idea of what you might want to expect here. And I will just say that again to be clear, absolutely XRP price is going to drop precipitously to the downside after it hits a crazy all-time high because markets get overheated. You enter bubble tear and bubbles bubbles pop. But you do enter bubble territory eventually. That's what I'm here for. Like I'm waiting for that. I'm happy for that. It's part of my investment plan here. Um and then when that happens, we'll be in a bare market at some point in the future and I will buy a boatload of XRP when it's on the cheap again.
But uh you know 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. All right. I'm just an enthusiast who enjoys making YouTube videos about crypto-related topics, but just as a hobby and just for fun. Look at this headline from July 29th of last year, 2024. Ah, yes. Good times. This is one year ago to the day. Actually, it just happens to be. Look at this headline, though. Five reasons XRP is poised for a disproportionate price surge. Token to CEO at Germany stock exchange. And so he was on their national television in Germany. Uh it was at the uh Germany's Frankfurt stock exchange here. And um he had some things to say. He was talking about XRP's wedge pattern which I highlighted consistently throughout last year. As like I always said throughout the year, I don't know what day, week or month XRP is going to rocket, but it is reaching the apex of a nearly at that point nearly 7year symmetrical triangle and it's going to burst. So the question is, will it burst up or will it burst down? And I said, I think that son of a is going to burst to the upside because we're in a freaking bull market. And that absolutely is what happened. And so tons of analysts that I follow were all noticing and saying the same thing. And you know, anytime I come across an analyst just in my feed, they just pop up. Maybe it's somebody who wasn't regularly looking at the XRP chart. When it came to their attention, it happened again and again and again. Analysts who don't normally look at XRP, they saw it. They're like, "Oh my god, this is the craziest consolidation of an asset in crypto history." That's what I keep kept seeing over and over and over again. But it just it wasn't just people with silly names like Moon Lambo on the internet that believed that that made sense. It was also Oliver at this investment firm talking about it on television at Germany's Frankfurt Stock Exchange. So, just saying folks. And now he's calling for $18 XRP. We'll see if he's right.
Piece reads as follows. XRP is once again in the spotlight as a prominent financial analyst from Frankfurt, that would be Oliver, uh, predicts a significant price surge. With bold forecasts and promising developments in European digital finance, XRP appears positioned for a major breakout. According to a well-known financial expert, XRP has the potential to climb to $18 within the coming days or weeks. This prediction is drawing attention due to the analysts previous accurate for forecast during XRP's earlier rally. the current market environment coupled with the coupled with improving sentiment supports the possibility of a rapid movement. Uh and and here's a couple of quotes from him. By the way, this is a separate article. This one's from September 23rd of last year. Uh yeah, take a look at this. He said, this is a quote from from Oliver. We rarely see such a large wedge and we're currently at the tip of it. Folks, I just brings me back. I was saying this throughout 2024 like we're reaching the apex. we're reaching the apex, it's going to burst. And he was talking about this on television. He's saying the same thing. Here's another quote from him September of last year. This is not just a small movement. It's a very large one. And the pressure that's been building up over the years could be released disproportionately. End quote. Well, that sure as hell ended up coming to pass, didn't it? XRP is the number one performing coin in the crypto asset class out of the top 100 coins by market cap. And it has been since after the election, number one. So when he says disproportionately, hell yeah. But you see, the thing is, even though it's number one right now, as I just cited, it's not done. It's not done, folks. That's why this is so wild. So I don't know if XRP is going to hit 18 bucks, but I ain't crazy. Of course, after that, it will drop though. So not to be a negative Nancy. I don't want to be a little Debbie Downer, but you just just be aware of this. It might feel like it might feel to you in the moment as XRP, you know, once it gets in the face melting zone, might just feel to you like it's going to go up forever. It's going to feel like that to a lot of people. It will not though. It will not go up forever. It will drop precipitously. And so, my goal anyway is to be out of the market as an XRP holder before that happens. That's the goal. And then after it craters in price, I'm gonna buy a ton of XRP again. As much as I reasonably can with new money that I'm earning. Absolutely. And then I'm going to do it all over again. I will accumulate XRP over a span of years. Dollar cost averaging in just like I did from 2017 to 2020. I'm going to do it all over again and then it's going to be worth a fortune compared to that. But it is going to drop.
And so here's what chart analyst EG Greg Crypto had to say about this. I'm going to share with you what he wrote here and then I'll share my individual my personal thoughts on this. So he says next bare market price targets 80 cents to1 $1.30 but how and then he's referencing cycle one talking about 2017 era here says to see a repeat of the 2017 last leg you need to navigate through the 2017 bare market. This simulation is based on two key factors replicating XRP's last leg in 2017 and considering the same drop. I'm using the yellow symmetrical triangle measured move as the basis for this next move. Excuse me. If we anticipate a $27 cycle and experience a similar 97% drop, XRP's next bare market target could be around 80. Can you handle that? In cycle two, he says the measured move based on the middle of the symmetrical triangle positions uh positions us around $9. If we see a similar bare market decline of 85%, you could be looking to buy back XRP at approximately $1.30, what goes up must come down. But the question is how far down for OGs. Buying below 30 cents remains a favorable situation. The final leg is coming very soon and rapidly followed by a bare market. I know some OGs and XRP hardcore lovers might uh argue that we're heading up and will avoid a bare market due to many reasons. All I can say is I'm not in this game to ignore cycles. Everything is cyclical, even the universe itself. Okay, so the concept of having a bare market, unquestionably he's correct about that. Of course, there's going to be a bare market for XRP, but some people think stupid things and they think that XRP because of reasons ABC123 XYZ, it's just going to keep going up forever. the flip the switch moment because it's they're just absurd. Like I just I I could not more vehemently disagree with the people that argue make arguments like that. I I I I've heard arguments like that consistently for almost eight years now. It's garbage. XRP has always moved in tandem with the market and it's always going to now. It can outperform, but it goes when the market goes. That's just that and that's fine. I'm very happy for that to be the case.
Now, um as as far as the figures here, let's talk a little bit about this. how bad could this actually get? So, he said his perspective there. Let me just share with you some some insight here. So, in the 2017 cycle, um, and for XRP, it peaked to January 4th, 2018 at like $3.35. Well, so XRP hit its peak $3.35, early 2018, and it dropped to a cycle low a couple years later of 10. That's a 97% drop roughly. Roughly 97% drop. Okay. So, there's historic precedent for crazy percentage drops, right? What about last cycle? Well, in the 2021 bull cycle, XRP dropped from a cycle peak of $2. It was being attacked by the SEC, so no new all-time high last cycle, but cycle peak in April 2021 of $2, and it dropped down to 28 cents in June of 2022, which was an 86% drop. So, the percentage was less than the cycle before that, but that's still pretty massive percentage-wise, right? And so here's here's the thing. Uh you know from cycle to cycle as more money flows into an asset and into the crypto asset class just broadly speaking you should expect on like you should expect the trend to be that drops are going to be less significant with each cycle. It doesn't mean that there can't be exceptions to that but I am telling you that you should expect that and percentage you know decrease from 2017 into 2018 compared to last cycle in 2021. um and where it it it bottom like that percentage did go down. It went from 97% drop in one cycle to just an 86% drop the second cycle, which is still big. And so I don't know what it's going to be percentage- wise drop, but let's just say that it's a smaller drop. Let's just say that because it's it's not crazy. Again, the more money comes in, the the the more reduced the volatility is going to be. That's just the way that it is. So, what if it's a 75% drop, you know? So, if we see a 75% drop uh this time, this cycle after XRP hits a cycle peak and let's say that Oliver over at token just that CEO, let's just say the CEO is correct and it hits 18 bucks. Well, if you see a 75% drop, that means that the low price for XRP would actually be $4.50. So, I'm not I'm not predicting that is what the low will be. Just I'm just trying to share some data with you and some perspective here so that you might get a get you can get a feel for what might be plausible. Um, and so, you know, I I know that, you know, Egra Crypto was talking about these 97% figures. Well, yeah. I mean, if it did that, then you'd be talking about much lower than that. I'm not counting on it going that low, though. And if I'm wrong, I'm wrong, but I'm not counting on it going that I mean, in terms of percentage drops, I don't think the percentage drop is going to be as severe this this cycle. Um, for reasons I just cited here. But, um, you know, if it goes from 18 bucks to $4.50, I mean, okay. And and look, cycle cycle low prices typically, by the way, they're they're not available for very long. They're very they're available for very short periods of time. So, say that we get a 75% drop and it does bottom at $4.50, it could still spend most of the next few years above that to whatever degree. Maybe it'd be more like six bucks. I don't know.
Now, of course, if XRP only peaks at like 8 to $10, well, do the math. I mean, then if you're talking about a 75% drop, yeah, I mean, you're going to be below $2.50. So, it it depends on how high XRP peaks. But just keep in mind if we actually do see $18 XRP and it drops to $1.30, that's a 93% drop. And if it goes to 80 cents from 18 bucks, that's a 96% drop in line with what we saw in 2016 uh the 28 26 2017 rather and 2018 bull run and then it it dropped again uh ultimately that much you know 96. I just I I would be shocked. I would be very surprised if we actually see a 96 or 97% draw down for XRP regardless of how high the price goes against the Dow. I would be very surprised. I think it's going to be less and I think it's if I had to guess it's going to be less than last cycle. So last cycle again the drop like I said was 86%. I don't know what that means. Maybe it'll be 81% or 80%. But I was just saying for funsies here just so you can get a feel for this. If it is more like 75% now you get an idea of what that might look like. But make no make no mistake here. It's going to happen. XRP is going to rock it up, change lives, people, tons of people are going to get rich and uh and then it's going to fall apart. Not forever, not permanently. I think XRP, fast forward a decade from now, it's going to be worth a freaking fortune compared to wherever it peaks this cycle. I'm just telling you, it is going to fall apart. Do not fall into the trap of thinking just because it's going up in the moment that it's just going to do that forever. That is not the case, folks. it it's you see how it can get that low and there's historic precedent for this. So take it for what it's worth. You guys can tell me what you think in terms of how low it's going to go. Uh I'm not so bold as to make specific predictions on this, but I do have a feel for what I think is reasonable and perhaps probable at least range-wise. And that's it. It's what I just shared with you. So depends on how XRP goes. But I mean maybe a 75 80% drop maybe that's more realistic. So if XRP peaks at 10 bucks, you'd be looking at $2 to $2.50. But you know, if XRP gets that high, I just if say XRP does get to 10 bucks, which is a conservative price prediction for many analysts, if that happens, I don't think you're going to see XRP below a dollar ever again. I don't think I just don't think that would be probable. I really don't. I even right now, not knowing how high it goes, like I'm kind of skeptical of the price of XRP ever getting that low again. I mean, maybe I mean, if things fall apart and peak peak at a lower level than what we were hoping for, I mean, sure. But, you know, if it's somewhere in between the extremes of what people are price predicting here, then I don't think it's going to happen. I just don't think that's I don't think we're ever going to see that again. So, nobody knows for sure. And maybe uh maybe that's maybe what I just said there won't age well, but I'm just telling you what I honestly think at the moment. You guys tell me what you think in the comments section below. I'm not a financial adviser. You should not buy or sell anything because of anything I say are right. That would be a very, very, very bad idea. Until next time, to the moon Lambo.