XRP, it's begun ( while we were distracted )

Added: 2026-05-18

[00:00:00]Oh my goodness, guys. A lot is happening today. I'm going to talk about three things that are absolutely crucial that are going to affect where XRP is going and the hidden things that they I don't know when I say they are hiding from you. Who knows who they are?

[00:00:17]Banks, maybe whales, powers that be that uh retail is kind of being bamboozled at the moment when it comes to XRP. I'm going to show you some of those things and um maybe you feel better about the minus 4% that we saw on the XRP chart.

[00:00:34]Now, first of all, let me start off by saying that the minus 4% on the XRP chart is reflected across the board. So, you know, obviously we've moved into the weekend. So, we usually see a bit of a a correction or whatever over the weekend.

[00:00:50]Uh there's also macro activity happening in the Strait of Hormuz. That hasn't changed. In fact, that's gotten worse over, you know, the months or so. Now, we also have, of course, the economic situation with the Federal Reserve. We have the Clarity Act, you know, sell the news, yada yada yada. So many moving parts. But if you kind of become non-distracted or undistracted and focus on what's actually happening, you will find three things. First of all, you have the bull trap that is happening at the moment. Now, that bull trap is such It's like this. You have institutions and people who who have the liquidity, who are able to suppress an upper range. So, there's a an upper resistance which is implemented by having a humongous sell wall at a certain level.

[00:01:44]So, that level right now for XRP is around the $1.50 type range.

[00:01:50]And when you have this giant sell wall, it encourages people who are currently panic selling majority [clears throat] of, you know, it been retail to put their orders underneath that. So, that level helps to suppress the price under that resistance bar.

[00:02:06]Now, if you look at the XRP charts, you will see that it's oscillating between that and something like $1.39 or something like that in a descending wedge. And usually the descending wedge means when it hits the tip, it's either going to break up or break down. Usually descending wedges are up historically, but anything can happen. Do your own financial advice, your own research.

[00:02:26]Now, in the background, we have retail panic selling or just selling out of exhaustion or out of necessity or what have you. We have whales mopping up all those sales such that if you look at the wallets, right? New wallet creation has hit all-time lows from retail sense point of view, right? So, all-time not all-time lows, but 18-month low. So, it's been 18 months since we've seen proper, you know, everybody creating wallets, people are buying.

[00:02:57]This usually signifies a lot of retail interest.

[00:03:01]Now, we have all-time lows in terms of new wallet creation and a lot of small wallets are selling the XRP.

[00:03:10]Where is this XRP moving to? It's moving to one of the three one of the 332,230 wallets. That's quite specific. That's because I've got it from a specific study of whale wallets or wallets that have more than 10,000 XRP. So, the upper echelon of XRP holders are accumulating.

[00:03:31]The lower echelon are capitulating. So, that XRP is moving from the millions of small wallets into the handful of larger wallets.

[00:03:43]So, basically, this is a classic shaking of the tree. I've talked about this several times on this uh, on this channel where the classic old money, you know, the intelligent money, the the whales, institutions, what have you, continue to shake the tree. I know that it's it's kind of hard to fight these guys, because again, they have tenacity, they have the know-how, they have the connections, they control the news.

[00:04:08]So, they're able to take the XRP from the little guys like us, and move that to their wallet. So, this is what we're witnessing now.

[00:04:17]And this is usually what happens before a macro breakout happens, when the price surges up, and then these whales take profit, >> [laughter] >> and then the whole thing comes cascading down again. So, it's a classic thing that they do now and again. So, that's happening. We also have the CME institutional squeeze, all right? So, it's the CME Group, which is the Chicago Mercantile Exchange, they are building infrastructure like crazy to enable Wall Street to trade XRP. So, we're talking about longs and shorts and futures, etc. They are building infrastructure like crazy. For instance, they've launched a Nasdaq crypto index futures, which includes XRP, and that pulled in something like $12 million worth in terms of XRP value on May the 12th, okay? That's just in one day. So, basically, they're creating this infrastructure that is going to cause a supply shock. So, when the heavy trading comes in from Wall Street, we're going to experience a massive liquidity squeeze, and that is building up. And who seems to know all of this stuff?

[00:05:28]It's the people that keep abreast of the situation, the biggest fans of XRP. That is the Korean market. Now, something massive is brewing in Korea, as I keep saying. Something massive is brewing here in the West as well, but the Koreans are often the ones that lead the run, right? Whenever we have a new all-time high, a new uh, massive pump or what have you, the Korea market is almost always the first one to go, right? So, the volume in Korea for instance, in exchanges like Upbit and Bithumb in the recent days, right? Have surpassed even Bitcoin. So much so that they've not only surpassed Bitcoin, they've surpassed the traffic of Bitcoin and Ethereum puts together.

[00:06:17]Okay? I'll say that again.

[00:06:19]The XRP volume, when it comes to buying in Korea has flipped not just Bitcoin in volume but Bitcoin and Ethereum combined.

[00:06:33]What does this mean? Well, the Koreans are known as the kingmakers when it comes to FOMO, especially in XRP.

[00:06:41]They've done their thing in Bitcoin and if as well, but they're very, very bullish with XRP, easily the most popular token over there.

[00:06:50]And whenever a FOMO, a retail FOMO, by the way, not just the whales FOMO, they're retail and they're FOMOing like crazy. Whenever Korea retail FOMOs in like this, it usually indicates that that's about to cross over to the west and we're about to do the same thing over here. So, I'm not saying that anything is happening today or tomorrow or what have you, but Korea is usually a place to keep an eye on because what they're doing over there usually, more often than not, happens here eventually. So, that's another thing that's happening that while we are distracted by things like the Clarity Act, the political situation in America, the election campaigns is about to kick in, people are worried about, you know, summertime, are they going to be able to go on holiday, they're short for cash, people are panic selling.

[00:07:43]In the meantime, the whales know something, Korea retail definitely know something.

[00:07:48]And institutions are building.

[00:07:50]And it's only a matter of time before it all kicks off, okay?

[00:07:54]Now, when I say do your own research, not financial advice, it is because I I am but a YouTuber.

[00:08:02]I've got my camera, my microphone. I look at information, I see information, I see, you know, opportunities.

[00:08:11]I don't know what to expect from myself as usual.

[00:08:13]Expect the worst to actually happen, but I hope for the best. I'll see you in the next one. Take care of yourself.