XRP REMAINS READY FOR A BREAKOUT! - WARREN WANTS XRP STOPPED! - WALLETS HOLDING 10K+ XRP RISING!

Added: 2026-05-15

[00:00:00]Hello everyone and welcome back to the Common Sense Crypto channel. As with you always, this is Rich doing another video today on XRP.

[00:00:12]So I hope you're all having a wonderful day today wherever you are in this great great world. We're going to talk about XRP. And once again, this is the one day chart. We're sitting here at A142.

[00:00:28]Earlier today, XRP was heading back towards a $1.50 again before it came breaking back down, but we are still moving within 3 4 5 cents. I can't wait until we see a actual breakout on XRP because up to now it's just slight moves up hoping to get through the next line of resistance.

[00:00:54]But a lot's going on with inflation and whenever they talk about inflation rising, you could see markets tend to rebound. Same thing happened with Bitcoin earlier today. And the chart for Bitcoin and XRP is identical right now.

[00:01:12]Bitcoin slipped back under 80K once again, but people are still optimistic.

[00:01:18]They're like, "Don't worry, Bitcoin's going to be above 85K by the end of the weekend." But we don't know if that's going to happen. Nobody knows if that's going to happen. I think everybody's very hopeful right now when it comes to Bitcoin and the rest of the market. But we just got to watch and see how it all plays out. It's the same reason I never really rush to talk about a move in crypto. I always like to give it 24 to 48 hours to see where we go next. If we continue upward or if we come back down.

[00:01:56]And here's the fear and greed index.

[00:01:59]We're still in neutral, which is a good thing, sitting at 47. I would love to see us slip back into greed and then extreme greed because that's when things tend to get really exciting in the crypto space. Everybody is so euphoric about where crypto is going. Everybody's telling other people, "Now's the time to get in. Everything's about to go fullon parabolic, but we're just not quite there yet." And that's why crypto is so quiet right now. And here's why Bitcoin came back down. It comes from Black Swan Capitalist. While market attention centers on the president's meetings with tech and finance leaders, the PPI release came in hotter than expected, 6% year-over-year, the highest since 2022.

[00:02:56]Oil is still above $100 a barrel. US household debt hits a record high of $18.8 trillion.

[00:03:05]We're at the late stages of the credit cycle. And on May 7th, the IMF warned AI powered cyber attacks now represent a systemic risk to the banking and financial system. Real risk doesn't get a press conference. There's a lot of things happening in the background that we don't even know about yet. Whenever they come out with these inflation reports, I think they're made up numbers, honestly. I mean, you go to the grocery store, you go to the gas station, you know, prices aren't coming down. But then on the mainstream media news, they're like, "Oh, some relief is in sight for groceries. Relief is in sight for gas prices." When in all actuality, the system, the current system as we know it, continues to fall apart. He also said this. Historically, the midterm election year has been the weakest phase of the crypto cycle. Could this cycle diverge from history? Of course. But up to this point, it hasn't yet. Time will tell. Everybody's thinking this year is going to be a horrible year because of the midterms.

[00:04:19]But this year is also full of catalyst for utilitydriven cryptocurrencies.

[00:04:26]And I think XRP I by the end of this year I think it's going to be very exciting to be an XRP investor. How can you not be bullish on XRP? Right now we're on the verge of clarity. We are on the verge of the rise of tokenization and every single day there's announcements around Ripple and XRP leading up to some massive breakout that we're still waiting on.

[00:04:56]Senate Banking Committee members have filed over a 100red amendments to the crypto bill ahead of today's markup per Politico. So, think about that. They took the time out to make over a 100 amendments to the crypto bill. And here's some of the big ones. Let's start with this one first. The war on Ripple and XRP isn't over. This is a direct attack by Senator Warren on the grandfather clause in the Clarity Act.

[00:05:25]She wants all digital assets to become securities so her next Gary puppet can attack. Why would you get rid of the grandfather clause? Ripple battled it out with the SEC already. We already know XRP is never going to be a security again. But these are the things that they're fighting back against. They also want to keep risky assets out of retirement. In other words, keep crypto out of retirements.

[00:05:56]So, what are you going to put in there?

[00:05:57]Do you want to continue on with the 401k system? Everybody knows that for years people go to work, they put their money into a 401k, the company matches it, and then it's time to retire or cash out your 401k. Now you're on the hook for capital gains tax. It's like why not give something that can easily set people free from the system because crypto, imagine having that in your retirement plan. Say you're not a crypto investor, but your retirement plan is tied to crypto and all of a sudden the cryptocurrency in your retirement plan does a 100x or a 300x or maybe even a,000x. All of a sudden, who cares about the capital gains tax because you could make a hell of a lot of money in a very short period of time and retire yourself. Here's another one from Eleanor Tourett. Another one that stands out from Senator Jack Reid, an amendment that prohibits crypto from being used as legal tender, for example, to pay taxes.

[00:07:09]Well, if you can't pay your taxes with crypto, then we shouldn't have to pay taxes on our crypto. That's the way I look at it. Cash out and you shouldn't be on the hook for anything. I think Rep. Davidson introduced a bill to do that very thing. Pay taxes with Bitcoin last year. Also, more than 40 amendments from Senator Warren, one that would prevent the Federal Reserve from issuing master accounts to crypto companies.

[00:07:39]They want to block Ripple from getting that Fed master account. A lot of this seems like it's geared directly towards Ripple, but what they really want to do is crack down on all of crypto. and they're going to continue to try to delay this as long as they possibly can.

[00:08:00]They don't want innovation to push ahead. They want us to stay in the current system forever.

[00:08:08]For years, crypto investors were told the future only belongs to Bitcoin and ETH. Everything else was called a scam, irrelevant, or just another altcoin, especially XRP. Now suddenly the same people are forced to talk about tokenization, crossber settlement and banking integration. The exact narrative XRP holders were mocked for for years makes you wonder how much of this market is actually driven by information and how much is driven by narrative control.

[00:08:43]The reason it was like that, why it was all about Bitcoin and ETH, is because there's massive marketing teams behind Bitcoin and ETH. It's the same reason day after day you see Tom Lee all over the mainstream media news. And if it isn't Tom Lee, then you have Michael Sailor and Jack Mer propping up Bitcoin on the mainstream media news. But this is what's changing. All of a sudden, tokenization is everywhere. It doesn't benefit Bitcoin at all. Crossborder settlement doesn't benefit Bitcoin at all. Banking integration doesn't benefit Bitcoin at all. They want you to believe all these banks are suddenly going to adopt Bitcoin and use it inside of transactions. It can only process seven transactions per second. So, that's never going to happen. Just wait until everybody starts to adopt XRP. The mainstream media can only stay quiet for so long. They will be forced to talk about this cryptocurrency.

[00:09:54]Sell in May and go away. A big crash is coming. I would say when it comes to Bitcoin, I do believe we're going to see a crash on Bitcoin at some point this year, but I still believe that it's going to have one last push up before that happens. Everybody's like, it's over for Bitcoin. Bitcoin's going to start to fall under 70K again now that it just fell back under 80K. It's the same thing you see with XRP. On green days, everybody loves XRP. On red days, everybody hates it. It's no different for Bitcoin.

[00:10:33]Our traders forecast Bitcoin will crash to $60,000 this year. That comes from cowshi. And like I said, I would not doubt that at all because the other thing that the Clarity Act is really going to do is it's going to separate utility from hype and speculation.

[00:10:53]And that's exactly what Bitcoin is. All of a sudden, the focus is going to be taken away from Bitcoin and it's going to be more focused on XRP. We will finally get our level playing field. XRP wallets holding at least 10,000 coins hits a new all-time high above 332K.

[00:11:18]So, you could look at this in two different ways. A lot of wallets are now buying up 10,000 coins. I believe that these wallets most likely belong to institutional investors because we're seeing a lot of XRP disappear off exchanges every single day. Now, when an institution buys an amount of XRP like that, they stretch it over multiple wallets. It's just like retail. Any retail investor out there will tell you to have multiple wallets and not just put all your crypto in one wallet.

[00:11:59]Spread it out. I think that's what's happening here. And the fact that this is happening, it also tells you that people are positioning ahead of something big. We all know the second half of 2026 is going to be way bigger than the first half of this year. And I believe a lot of people are getting getting positioned now before it happens. And here's the ETF tracker.

[00:12:28]Now, I'm recording a little bit earlier than I usually do. So, there's 43 minutes left until the market closes, but we're already at $16 million in XRP ETF volume. So, it was another good day for the ETFs. even though the price of XRP right now really isn't moving. So these institutions, they still want to get exposure to XRP, even on days where there's not a whole lot of movement.

[00:13:00]They're positioning as well.

[00:13:04]But like I said at the beginning of this video, right now you look at XRP, especially on the one week, and you could see how we're ranging right now. I just want to see us have a major jump upward through resistance and back above a$150 and then hold because if we hold above a $150 that will signal we're going to move even higher. I still believe that a$130 was most likely the bottom for XRP and now we might be forming a new bottom at a$140 because even with Bitcoin dropping the way it did, XRP did not have that big of a drop and that's a good thing. We're Bitcoin is still reacting to a lot of the real world events that are happening right now. Now, if something big was to drop, like maybe a peace deal with Iran, that would send Bitcoin parabolic and of course it would take the rest of the market with it.

[00:14:07]But the decoupling is not happening yet.

[00:14:10]And I stress that cuz every single day I see people saying the decoupling is happening right now. Make sure you buy a lot of XRP before XRP goes fully parabolic by the end of May. But nobody knows if that's even going to play out that way. It's like they want everybody to buy right now in anticipation of a major runup. Now, we all know a major runup is coming. Will it happen in May?

[00:14:37]We really don't know. Will it happen in June? We really don't know. It's going to come out of nowhere when it happens.

[00:14:46]That's why you always got to be positioned ahead of it. And that's the way I look at it. But until it does happen, stay patient, stay positive, and let's get rich together. With that said, I'm going to wrap up this video. I want to thank you all for watching. I appreciate all of you. I'll see you in the next one. Have a great night.