XRP: Was That Dip Finally Enough TO START THE RALLY?!

Added: 2026-05-25

[00:00:00]Hello, this is Matt's on the Moon Lambo channel. The crypto market got a super scary dip about 15 hours ago and at least to this point as I'm recording has recovered. Here you can see XRP is at $1.36, Bitcoin at $76,708.

[00:00:14]And I'll note for frame of reference that you might be curious. It is 8:10 p.m. Central Time as I record this video. Saturday, May 23rd, 2026.

[00:00:24]But look at this Look at this 24-hour chart for XRP. Dropping as low as $1.31.

[00:00:31]Bitcoin, it's the same chart. Look at that dropping as low as $74,388.

[00:00:37]Now, that's right at a key level that tons of analysts that I follow have been citing. The number they used were precisely 74,400, but we got basically right down to that and have moved to the upside. So, the question is was that finally enough?

[00:00:50]Maybe can we finally move dramatically to the upside?

[00:00:53]Maybe. We're going to talk about that.

[00:00:55]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.

[00:01:01]And you definitely should not buy or sell anything because of anything I say or write. I'm just an enthusiast who enjoys making YouTube videos about crypto-related topics, but just as a hobby and just for fun. Quickly, I wanted to note that there may finally be an agreement between the United States and Iran. As I always said, this will not be some ridiculous, you know, quagmire that's just never going to end. It was never going to be that. This is always going to be a short conflict. And while it's certainly possible this could fall apart, this is the closest we've ever been. So, I'm not going to read for the sake of time I'm not going to read this whole post from President Trump. But in part, he wrote, "An agreement has been largely negotiated subject to finalization between the United States of America, Islamic Republic of Iran, and and the various other countries as listed. So, we'll see. Again, I don't pretend to know if this one is going to be the one that sticks, but this was never ever ever going to be something that just dragged on and on and on. It was very clear that was never going to be something that would happen. And so as the markets got spooked and dropped dramatically, I mean, risk on assets didn't do well very briefly and then they did very well. Um you know, with stocks and crypto, I I I insisted throughout it it didn't matter just like in April of last year. I said, "Guys, I know people are scared because of the tariffs, but it's just not going to matter. Just let a little bit time pass, everything's going to be okay. We are in a bull market, folks. This was never going to derail it."

[00:02:27]Um and then we have excuse me uh we have this from chart analyst psychedelic. Uh he posted this.

[00:02:34]Um very close to to uh when Bitcoin hit its uh its 24-hour low, pretty close to it anyway. This is at 3:10 a.m. today.

[00:02:43]And he said, "Um I'm long. Been waiting for this level for a while now. Liquidity swept below $75,000 on a Saturday and funding has flipped negative for the first time in 6 days.

[00:02:54]Could see one more push a little lower to create some bearish divergences, but I think we hold above $73,500 and close the weekly above our key level of $74,400.

[00:03:07]We have an easy and tight invalidation here and the risk reward is solid. Until we lose $74,400 on the weekly, this is a higher time frame retest of reclaiming bullish higher time frame market structure.

[00:03:21]$74,400 has been a level in my thesis for a very long time, so we want to see this hold.

[00:03:28]If we get two x weekly closes below it, I would consider that weakness and new lows would be back on the cards, but that is not what I expect. Yeah." And by the way, in a separate post I didn't pull up in this video, um he he reposted this post of his and said uh price action has been impulsive off that level around 744. So, uh take it for what it's worth there, but uh I mean, uh that's a key level and I've seen so many analysts know wow, it's really responding quite well here. Well, yes.

[00:03:56]>> [laughter] >> Here's a post from chart analyst Super bro, Bitcoin daily.

[00:04:01]By the way, he posted this this afternoon 1:24 p.m. So after the worst had already occurred, but he said nearly all the high level high leverage longs from the last month have been liquidated after today's sweep of the 2025 low.

[00:04:13]The juiciest pool of liquidity now lies above the 200 SMA. Taking that liquidity could lead to a golden cross of the 50/200 SMA in June. There's also this post. This is another one from Super bro. He says Bitcoin daily Noteworthy that this Saturday's reversal printed higher volume than Friday's sell-off.

[00:04:36]Volume on the weekend usually drops off significantly. The last time this happened, the Saturday low was not touched again. And so you can see he's talking about this move back in March that that signaled that it was the low.

[00:04:48]So we'll see.

[00:04:50]Never guarantee, but he seems to be optimistic that okay, that probably was it. You can see psychedelics feeling quite optimistic that was likely while acknowledging yeah, it could go a little bit lower, but nothing's broken here, folks. Nothing is broken. This is not something to be scared about. It's a normal price action in crypto. We're in a bull market though. I'll keep repeating that.

[00:05:08]Here's a post from chart analyst Matthew Hyland, Bitcoin sentiment and price action just mirroring as it's retesting major support zone and after flipping major resistance into support. Yeah, again so that level that we just got down to about 15 14 15 hours ago. Um it was resistance. It's it's going back down to be tested as support. It's very normal stuff here.

[00:05:31]None of the analysts that I follow are freaking out about this or think that this signals a higher time frame weakness or anything of the sort.

[00:05:37]Ultimately number go up here, folks.

[00:05:40]Here's another one from Matthew Hyland.

[00:05:41]He says Bitcoin dominance death cross 8 days away.

[00:05:45]Prior death crosses took place in July 2016 and January of 2021. A very rare event that is very confluent with the position of the rest of the macro as it all currently stands in 2016 and 2020 position. So, you can see what he's talking about. We you know what happened after these these moments, right?

[00:06:05]For the last two anyway, you got your alt season. You definitely got and that is where XRP I think is finally going to truly shine. I mean, it's already been outperforming the other top 100 coins by market cap, but you wait until we have an environment where we actually have an alt season for the first time in half a decade. Uh it's going to obliterate the competition. That would be my guess. I don't make price predictions, but directionally that's absolutely my expectation. It was artificially suppressed price-wise for years, but no more. Now XRP is competing in a level playing field. You'll love to see it. Uh here's a post from chart analyst Mikey Bul Crypto.

[00:06:38]Says just looking at this chart, just get prepared for the massive alt coin season that's coming. Argue all you want, but the chart is giving you a clue of what's coming.

[00:06:49]And so, this is the others dominance percentage chart, so it's excluding the top 10, so XRP's not in there, but again, like I keep saying, that is the environment in which XRP thrives.

[00:06:59]And it's primed. Markets find bottoms.

[00:07:01]Uh you know, alt coins priced against Bitcoin on the whole have been in a downtrend for like half a decade.

[00:07:08]Markets find bottoms. We're going to have an alt season. There's no reason to think not. Look at all the macro factors I keep talking about. It's very clear.

[00:07:16]This market is primed in basically the same way it was right before last alt season and the one before that. There is no difference.

[00:07:23]No nothing material anyway.

[00:07:26]It's the same macro forces driving risk-on assets. It just is.

[00:07:30]Uh here you have alt coins priced against Bitcoin. You said this is from Jivan Marks, an XRP community member accurately called XRP breaking out in 2024, by the way.

[00:07:38]And here you said, we see alts being near fully mature and ready for a significant expansion state. Not any more heavy chop or accumulation as this looks to have been done from mid-2023 to now, uh but instead heavy bull if not vertical movement uh consistent with prior alt seasons. In this stage, we see another alt season taking place. The technical structures and even indicators on macro looks support it.

[00:08:04]Uh then we had this from Chart Analyst Crypto Michael. This is from a few days ago.

[00:08:09]Uh May 20th, he said, "XRP will shake you out this week, then the breakout will begin. This is by design. They want the masses out." Okay, so uh again, I highlighted it when it was a fresh post. I just thought it was interesting cuz we actually did get a shakeout. Here it was a few days later and we dropped down to a buck 31. So, I don't know if he thinks that's going to be the extent of it. Um I hadn't That's the point he hadn't seen him post anything yet uh on that. But, it is kind of fascinating. He's like, "Guys, this is probably just going to be the final shakeout and then we're going to blast upward."

[00:08:37]Um and again, we got it. We we did get it. Uh here's a post from Chart Analyst Austin wondering if this is the worst of it. He said, "Uh will this wick into my green box finally be enough for XRP to start moving up?" So, he seems to think it's at least plausible that that could have just been the low.

[00:08:51]That's it. The lowest we're going to see and then moving to the upside. Uh then there's this from Crypto Insight UK actually warning potentially of a little bit lower. He says, "Uh XRP again back at range lows as 4-hour RSI hits oversold."

[00:09:04]Uh as we discussed yesterday, liquidity on the hourly suggests a sweep of the $1.22 range seems likely.

[00:09:11]Um well, with that being said, on the daily liquidity seriously suggests we start to move higher soon. Just need to work ourselves out of this range. So, oversold conditions in the short term."

[00:09:22]And he posted that this morning, by the way, 7:12 a.m.

[00:09:24]Um but still very optimistic that ultimately what we're going to see is a blast off from roughly this range, even if we go lower.

[00:09:32]Uh here's a post from Dark Defender. He says again and again, crypto's here to succeed. XRP will prevail. $1.31 support worked precisely well. So, that's one of the levels that I've been talking about.

[00:09:43]Dropped down to it. And at least as of the time of recording this, we have reversed. We are back to the upside a bit as if it hadn't even happened.

[00:09:51]Uh here is a post from chart analyst the great Mattsby. XRP market cap on your screen here. And he was noting that it's holding a key fib level. Um then there's this post from chart analyst the great Crypto XRP formation talks. Uh the current structure looks like a descending broadening wedge.

[00:10:07]This is not a random formation.

[00:10:09]Historically, these structures often produce final capitulation, then violent expansion. Key levels $1.11. That's critical support. $3 equals bullish confirmation. $7 to $11 plus equals expansion targets. And this one kind of surprised me that he even put it in.

[00:10:26]Nobody said $0.32 equals extreme flush scenario. Woo. I'll tell you what, if that happens, everything is on fire. How low How low How low How low will a Bitcoin be if that happens? How low will Ethereum be if that happens? Like something disastrously went wrong at least for for a short while if we if we see prices that low ever again. So, I mean, I guess never say never. I guess I'd be a little surprised, but uh hey, if he's right about that, I'll uh I'll unhappily give credit where it's due. But, I say unhappily cuz I don't want to see the price go that low, but >> [laughter] >> that would be woo that would that that would that would definitely hit my personal net worth overall. I would I would I would say that.

[00:11:02]Uh he says here, "Current read short-term uh bearish compression.

[00:11:05]Macro still bullish unless structure fully breaks. So, what's likely next?

[00:11:10]More chop, emotional exhaustion, one final volatility event, massive directional move." He says, "Remember, XRP rarely moves gradually.

[00:11:18]It compresses for months, then explodes vertically." Yeah, and so, that's definitely true. I've been here since 2017, folks. I've been here every single day watching what's going on. Seems like it's never going to move. And then when it does, oh my god, it just goes. I don't know why, but XRP has always been like that.

[00:11:34]He says a weekly / monthly reclaim above $2.65 to $3 changes everything.

[00:11:41]Um until then, the market is still hunting liquidity and shaking weak hands. Yeah, and all sorts of people are still capitulating. Lots of fear in the market, uh even though to me very obviously the best is yet ahead.

[00:11:52]Here's a post from chart analyst CW. The XRP open interest is decreasing and the net position delta is increasing. Short positions are closing. Investors are rapidly reducing their short positions.

[00:12:04]Uh and then we also have this from Chartnerd. And this is in line with what he's been saying. Uh XRP's warning could you could see 70 to 90 cents.

[00:12:11]Um there's only a handful of analysts I follow that are warning of prices below dollar. He's one of them. But he does believe that even if that happens, it's perfectly healthy. And then you're going to see other key levels way higher, $8, $13, and ultimately $27 per XRP.

[00:12:24]So, wouldn't mind seeing that.

[00:12:26]>> [laughter] >> Either way, I there's there's it's going to take a lot to if to actually damage higher time frame structure.

[00:12:31]Every analyst I follow has indicated, yeah, it would take a lot to wreck that.

[00:12:35]And I just don't think that's going to happen in this macro environment. It just doesn't make sense. We're in economic expansion. This is where risk-on assets like stocks and crypto perform. So, it won't be perfectly up in a straight line. It will be messy along the way, but the opportunity is real and I believe it is here.

[00:12:49]I'm not a financial advisor. You should not buy or sell anything because of anything I say or write. That would be a very, very, very bad idea. Until next time, to the moon, lambo.