This video explains how to analyze crypto markets by identifying key support levels (like XRP's 109 level), monitoring moving averages (50 EMA, 13 EMA, 5 EMA), and understanding market sentiment through the Fear and Greed Index. The speaker emphasizes that crypto markets follow predictable cycles, with potential bottoms expected around October, and highlights how political factors like the Clarity Act can significantly impact crypto prices.
Deep Dive
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Deep Dive
XRP HBAR HYPE HOLDERS! ️ Know This BEFORE JULY
Added:what is happening out there with XRP.
We're going to take a little look at HAR, Doge, and maybe a little bit more.
But, uh, the big dog, Bitcoin, Ethereum, crypto out there in general is getting just smacked around like it's nobody's business. And you got to wonder, is the support going to hold? So far so good today as we look at the XRP price prediction. We bounced off that key 109 level that I've been telling people to watch for. It is a bottom, a double bottom, a triple bottom down here, and we do not want to give that up. Uh last time we did, obviously, we went down to about 105, pushed right back up that day. Had a little push here. So, at this point, I'm watching um you had a nice push all the way up to the 50 EMA. your typical short-term rebound. Everybody sells all the way back down. The algorithms that trade, they're trading this. You just don't know where it's going. Right now, we're negative. We're underneath the five. We're underneath the 13. We're underneath the 50. It's just not good. Um, but you got to wonder, could something happen in DC?
Could something push this thing up? It ain't going to be the Clarity Act unless they start saying something good. We're down to 41% chance that it will pass by the end of this year. I'm still on the side that it will get done, but I think it's going to be we're going to need a surprise agreement coming out of DC. Uh the banking committee just finished up the housing bill. They tucked in there that community housing stuff that they wanted in the Clarity Act. They ended up putting in the housing act, which makes sense because the the crypto act isn't a housing act. But now they can go ahead and start to look at the Clarity Act as what it should be. Something to focus on bringing the United States to the leadership of the world when it comes to crypto. And we don't know. We don't know. I don't know, folks. I don't know.
Um, we got a lot to watch for. And, uh, of course, we'll see how it goes. But for those who are following along, you guys know we're not going to give up.
We're going to continue to do our thing.
Uh, and that's what that's what the goal is. Now, if you're not in the Discord, hey, a couple shout outs for some of the members that are. Uh, didn't catch the live stream, that's okay. Jay Ren, uh, Big Pinky Nate in the house. Dr. Stock, another one. He's doing power hour at the end of the day. Ion, um, he does live stream. So, if you're a member in here from three to four, he teaches and does live stream trading. He is crushing at over 70s something percent win rate.
He's really doing good. Eagon uh copper golfer. Let's go. Uh Colin Rice, our futures trader, front and options. There you go. One of our expert traders. June 47. J Ren Midas Hopsonator. All of it and more. If you're not in there, we got three days left. We're done Friday. Uh use code breast. You got code bread for 72 hours left. Use this first link down below.
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So, I I kind of want to come in here, dig around a little bit more, take a look at all these different bit uh all these different crypto projects, and we're going to go and see is crypto the best thing to invest in now or no. Uh right now, as you can see, the volume on these trades are just collapsing down.
So you have this little run up, then all of a sudden the volume picks up a little bit and then back down. It's just like rinse and repeat. But what I'm seeing is with the collapsing of the volume, the the sellers are running out of selling steam and eventually the buyers will come in and just really wreck those who are shorting it. If it holds true to what the cycle tells us, the normal cycle for Bitcoin, crypto in general, it won't be over until October. It won't be over until October. October will come and you'll think, well, it can't get any worse. And it doesn't. It actually starts to run. But I I said this with the stock squad on a live and I said, if it holds towards what the true cycle is, expect October to be the month that we get a bottom or we start to run from that point on. uh or a combination of both. Uh so that's what we're watching for. But Bitcoin right now, key line to watch for. If it finishes with a closing confirmation below 60,700, that's where I think we're going to get knocked down to close to 50,000. If we hold this, we're okay. Right now, we're still under the 513 and 50. Tightening of the Ballinger band. Normally, when I start to see the bigger candles here, that it usually goes in that direction.
So, we'll keep an eye on it. It is still bearish. Uh the next, take a look. Fear and greed. We're at 20 on the crypto charts. 20 uh almost extreme fear. Getting close to extreme fear. Couple of things in this chart I always like to watch. Usually when we we bottom out down here in that extreme fear, uh we'll get a nice run.
Look guys, there's going to be times that we're going to go through the extreme greed. Right now, we're down here in the extreme fear, which trust me, I don't like seeing it as much as anybody else out there does not like seeing it. And of course, that's where we are at. Uh go into the bubbles, you guys can see what's going in the last week. A lot of red. A lot of red. Hardly any green. Uh going out there one month, we got a little bit of green going out there one year. Wow. Couple big ones in there. But you can see there's I like the hype one. Let's pull that one up.
The hype coin was one that really has been outstanding lately. Now, of course, I say that, but you got the double top that you got to watch for right here.
You guys can see I've been charting this. Uh, and I said if we could confirm above here, I thought to myself, I might take a position. But if we bounce back down, I absolutely believe we're going to come down and hit the 50 to right here. Right here being $53 a piece. The 50 EMA being six uh $58.
Hype coin is at $62. So I think it's going to go down to 58 to 53 and find its support. So far, it's found the support on the 50 once, 50 twice, 53 different times, it's hit the 50 EMA and has bounced up and I think it's going to continue on that trend. So, Hypecoin is one that I believe this is hyperlquid. I believe is going to do extremely well moving forward. I I want to make no doubts about that. We're at 62 $62 a coin. It was a 77 when it typed uh it topped out and now it's dropping. So we went down $15 off of that. So roughly 20% drop. I think you're going to continue to have a little bit of dropping. You're seeing a lot of It was funny, too. I saw a million articles on this. And I I know what I think when I see that. Somebody's trying to make it stay up there. Uh and I go in the articles. I thought to myself, it has to be near all-time highs. And it was. and and so you just sit there and wait cuz you you got a double top. You want to see if you can confirm and break or if you're going to come down and retest. Uh and this right here is not looking great yet. But we will watch. We will watch and see how this thing goes. If we bounce off the 50 and start the run, you can play it. But if you break right here 73, $774 74. If you confirm above 74, it should run nicely. So I am going to start taking a position on this once I see a reversal. But that is one of the things I want to do is get that and take advantage of it and you know and that's up to each person but I am watching that at this particular moment in time. I believe it's going to do very very well but time will tell. Now HAR I told you I would talk about HAR. H bar is another one that I made a lot of money on over the days. But since those days, and we're talking all the way back here, and this is when I was in it, and we rode this thing all the way up, all the way up. And we rode it. And it got all the way up there to roughly, what did we get up to? 40, 30, 40 cents. And now since it 40 cents, it's absolutely gotten crushed. You can see that line, that low. We're all the way back down to that low. 40 cents. It went all the way down to 7.6. 6 cents. So, even if you think it can't go any lower, it can. It can.
It can. And it has. Uh, and you can see right here, we're at a really bad point uh for HAR. Har absolutely got crushed.
Um, and that's the thing. I I watch this and I think, is there an opportunity down the road? And I think the answer is yes. So, when you look at something like H bar, and that's the ultimate low right there, and you say, how low can it go?
Well, it can go all the way back down to there, but once you have that rally, once you get that run, it just starts to take off. And it it might not it might just keep falling. But if it does get that run, uh you could see the these little ones like this really outperform.
And you could see it when it was here at roughly 4 cents and went all the way up to 40 cents. Now we're all the way back down to seven cents. So, the people are paying the price. I am watching this one. Um, you can see the the bottoms down here that I'm watching. I'll put it bluntly. Right there is where we held.
And look where we're at right now. All right. Retesting this low. We're retesting the low at 7.8 cents. And now we're down to 7.7 cents on HAR. And you can see uh the the line I would say that is very concerning because we wicked down a few times is right there, which is going to be 7.6. 649. If we get below there with a closing candle, I am expecting a pretty big dump. Uh and so I am watching for that as well. So I I would say for someone who says, you know what, Mo, I think we're going to retest in the next 24 months a possible move higher up to where we were, then DCA, you want to manage your risk. Obviously, it could keep dropping. We were at 3 4 cents at one time. It could easily go back to there. That would be about a 50% clip off of where we're at. So, I'm watching that as well. But, uh, with the XRP, just to make sure everybody understands where we're at, XRP held it at the one. Oh, I hate it when it does that. It held at where I wanted it to hold, which was down here at the 109 mark and we pushed up a little bit.
We're at 110 right now. We are in a really critical spot. Uh, we need something to happen. We need something good. And when you look at that Clarity Act and it keeps dropping, it's down to 41% now. We need somebody in Congress to get the job done. And I don't know if it's going to happen. I I told you a long time ago that I was told that um one side was going to drag their feet. I told you this six months ago and it's exactly what we're seeing. No one wants to be held accountable for the Clarity Act. Uh the the Democrats don't want to give the Republicans a monster win. uh right before the election and the Republicans don't want to give into the the ethics demands of the Democrats. So, they got to meet on the they got to meet in the middle. They got to meet in the middle. You can let me know what you think down below, but they definitely do. Hey, this is my crypto channel. This is Crypto Mo on this channel. Make sure you hit the like, subscribe, and more importantly, get into my Discord. First link down below. Once you get over here, just put in bread. B R E A D. expires on Friday. Uh second link down below will get you over to me over to the lifetime.
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