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Transcript
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Smart money is buying XRP and the proof is undeniable and soon this will affect its price.
Just look at the XRP ETF numbers.
They've actually held a pretty well despite the massive pullback in price.
So while the price is falling, smart money is buying.
And I will show you what this means in the charts shortly.
Now, who are these buyers and holders of the XRP ETF?
Well, number one, Goldman Sachs.
Yes, that Goldman Sachs.
Currently, the Bollinger bands are hinting at a breakout.
XRP reserves on finance just crash as the whales withdraw their tokens.
And even the Trumps are bullish.
How do you feel about Doge?
How do you feel about XRP?
Ripple?
How do you feel about Ethereum?
Where are you with the other three?
No, all of them extremely well.
No Brad very well at XRP and he's done a great job.
And before I show you the Bollinger bands, look at this symmetrical triangle.
These are daily candles.
XRP literally running out of time to make a major move.
Now, remember XRP steadying near dollar 38 as the Bollinger squeeze hints at a breakout.
Now, what is a Bollinger bands?
A Bollinger bands, popular TA tool created by John Bollinger way back in the 80s.
And it looks at a middle 20-day simple moving average and two outer bands representing volatility.
They help traders identify overbought, oversold levels, potential trend reversals.
And this is the important part.
This is what we're talking about.
Volatility squeezes where the price range contracts before explosive moves.
So let's look at the previous Bollinger bands.
So I'm just looking at the last three.
This is a current contraction.
So right now, Bollinger bands are squeezing.
What's the next move going to be?
Let's look at the prior two.
But you'll see that I was actually a little bit more narrow right here.
And it took a second and it kind of squeezed again right there.
Boom, major, major move to the upside and going to number three.
Proceeding that major, major move right there.
Look how skinny the Bollinger band gets at that point.
You see a skinny move to the upside.
And right now the Bollinger bands are very, very tight.
But let's talk about this symmetrical triangle.
Because like we said, we're running out of time.
So we do have some targets and we're going to go ahead and show those.
We're going to just move from where it touches the top, touches the bottom.
If we break to the upside, you're looking at a potential $2 XRP.
Again, $2.05.
I find it more likely is going to break to the upside rather than break to the downside.
If it does break to the downside, yeah, you're looking at close to a dollar XRP.
So right around 95 cents.
And just another indication we might be breaking to the upside.
I do want to share this money flow.
The money flow on the three day beaten down.
You're the money flow on the daily also beaten down.
Look what happens when you go to the 12 hour.
Starting to see a potential relief.
You can see the money flow somewhat moving to the upside.
So this is saying, you know, maybe money's coming back into the XRP market here.
Plus XRP's RSI did hit oversold just recently.
And you see the last time we hit oversold, it would consolidate.
And then we would get a major rally after the fact.
But we might retest the bottom of this range.
We might come down to the bottom of this triangle.
Because if you look at the RSI zooming into the daily, it is starting to curve over.
Maybe potentially signaling.
We come down test the bottom.
Looking at the price.
We're pretty close pretty close already.
That's going to push it down to about $1.36.
Current price around $1.38.
So I'm DZ4 Discover Crypto with your XRP breakdown.
Smart money is accumulating.
And right now it is at a fairly fairly cheap price.
Keep an eye out on that.
Ballinger squeeze last three times went to the upside.
I'm DZ4 Discover Crypto.
And I'll see you in your XRP bags at the top.
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