XRP PRICE STILL AT SUPPORT! - TRADING XRP FOR XLM? WATCH THIS FIRST! - WHY I BOUGHT XRP & XLM!

追加: 2026-05-30

[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 A131.

[00:00:28]We are right on support right now. And remember I said a$130 looks like the bottom for XRP. We just had a dip to a$126 and then quickly XRP made it back above A130 once again and we've seen that happen in the past as well. But I think the reason that the price of XRP is dropping right now is because a lot of people are now chasing XLM. They're all caught up in the FOMO of it. And I'll talk more about that in this video. But if you look at the oneweek chart, we are back in the channel again between a$130 and a$140.

[00:01:14]And here's Bitcoin on the 1-day chart sitting under 74K again. And the chart for Bitcoin and the chart for XRP look identical right now because we are still following Bitcoin. And fear is back in the market again. We're at 32 on the fear and greed index. And that's because the uncertainty continues. You know, it's like every time the market looks really bullish, something has to happen.

[00:01:46]It's like some realworld event somewhere in the world has to take place to bring this market right back down. And here's what brought it down recently. The US and Iran have reached a deal to extend their ceasefire by 60 days, but need President Trump's final approval per Axios. And you see the details right here. But then Iranian state media denies reports that the US and Iran have reached an agreement. Didn't we just watch this play out last week? It's the same thing week over week. The president comes out and says we're close to a deal or someone else is reporting that we have a deal with Iran. And then Iran comes out and denies that it ever was even talked about. So right away the market reacts because it creates that uncertainty. And when there's uncertainty, people don't want to enter this space. They're like, "Well, maybe I should hold off. Maybe I should stay on the sidelines and see how this plays out. Once I get confirmation of a breakout, I'm going all in."

[00:03:00]And here's the ETF tracker. 11.96 million in volume. And that was on a down day for XRP. A day where we spent a good portion of the day in the red. Yet that volume continues. You know why? Cuz institutional demand is still continuing to rise. these institutions, they want to get exposure taxp.

[00:03:36]And they all know that a major runup is coming for the rest of this year. How can we not see a major runup? Think about it. If clarity got put in place right now, all of a sudden the money that would flow into this space, it would be astronomical cuz it would be institution after institution jumping on board.

[00:04:00]DTCC and Stellar Development Foundation announced today plans to enable the tokenization of DTCC custodied assets on the Stellar or network. This collaboration advances DTCC's multi-chain strategy and expands how traditional assets move across digital ecosystems.

[00:04:25]So, we knew that the DTCC would be working with multiple chains, but right right away because the price of XLM went up a little bit, everybody's like, "Oh, it's time to for XLM to break out." XLM is replacing XRP. None of that is happening. All that's happening right now is the price of XLM is rising. And I was talking about XLM back when it was sitting at 5 cents. I think at one time it was even below that. And I was telling people, load up on XLM. Now, if you're an XRP holder, you should be holding both XRP and XLM.

[00:05:10]they tend to run together and this got everybody chasing green candles and I think a lot of people shifted from XRP into XLM which was even worse and I'll explain why in a minute. Ripple and Stellar DTCC. The DTCC's integration with Stellar was made possible through their acquisition of securrency.

[00:05:37]The currency also includes Ripple integrations that the DTCC will utilize and that comes from Smoke. They're going to use multiple networks. It's just like when everybody wanted to sell off their XRP and jump into Canon. it it's no different right now. And I always tell people, you don't want to be the guy or girl chasing green candles. And that's what we just watched play out over the last 48 hours. And you know, when it comes down to buying XLM, you should be putting new money into XLM if you're going to buy it. Not selling off your XRP to buy XLM.

[00:06:22]That makes no sense. What are your thoughts on the DTCC's announcement regarding XLM? Good for them. Plenty for everyone. If you're swapping XRP for XLM, you need to check your convictions.

[00:06:37]And cap gains tax on said swap. Anybody who swapped their XRP for XLM now is in short-term capital gains. And the fact that you swapped XRP for XLM in itself triggered a taxable event, but most people don't think about that. But you know who keeps track of that? The exchanges where you're doing the swap on. So now maybe you were holding XRP for a long period of time. You were in long-term capital gains. Now you're back to short-term capital gains and you're holding XLM.

[00:07:14]People need to think before they react in this space. And I've said that multiple times in the past. Everybody's so quick to give up on XRP. Well, XLM's pumping right now, and hopefully it continues to pump. Maybe XLM is going to lead us into old season this time around. But here's the problem. I see.

[00:07:36]This was an announcement. There's no real value here right now. It was just an announcement. It's like news. And we all see what happens with news. It ends up becoming a sell the news event. So, there's still a chance that we will see the price of XLM come back down in the short term. I really hope it holds up.

[00:08:00]I'm an XLM investor. I bought XLM back in like 2020, 2019 and I cons consistently stacked it all the way up until recent. I shifted away from XLM, bought more XDC, shifted away from XDC a little bit, bought Flare, bought into Zbeck because I want to make sure that when I'm buying a cryptocurrency, not only is it a solid project, but I want to get in on the ground floor. And that's where Flare is right now. It's the ground floor. It's sitting well under a penny right now. In any case, XRP and XLM are bound to rise together while maintaining their price ratio. However, the recent rise in XLM simply occurred first because the ratio of XLM to XRP had collapsed significantly at 9.5 to1. That is just why this news came out first and that's what caused the price to rise. Plus, a lot of people, they lost interest in XLM along the way. You know, you would do a video on XLM, and I did quite a bit of them, and right away people would be like, "Oh, XLM's dead. Why are you even talking about XLM?" Well, think about it. If you would have listened to me back then, you could have capitalized on this moment right now. And I don't even look at this as a major breakout for XLM, but you definitely would be up on your investment.

[00:09:36]This comes from smoke. Wisdom tree provides an explanation of the roles of both XRP and XLM as well as their advantages over Bitcoin.

[00:09:47]Everyone knows how similar XRP and XLM are and they tend to run together.

[00:09:54]Usually you see XRP break out and it pulls the price of XLM up with it. I always said if you hold both it's like double dipping on your investment. But they're pointing out how they're both payment assets. And over time it was always XRP for the banks, XLM for the people, but they overlap in a lot of different ways. Now you're seeing CBDC's and XLM is tied to CBDC's. So is XRP.

[00:10:27]XRP pushes towards domestic payments.

[00:10:31]XLM, it's all about remittances and banking the unbanked and so on. They're very similar cryptocurrencies.

[00:10:40]And at one point, people even said that Stellar is documented as both a derivative and a fork of Ripple. I always said that because Ripple was for bank-toank payments, maybe they deployed Jed over to let create his own network another or maybe Jed MB always had different thoughts of what could be built going forward. Maybe it was about the banking the unbanked for him. Maybe it was more about persontoperson payments with him. But they both fit two different purposes. But yet, I look at both of them as very solid projects at the same time. I would have never told anyone to invest into XLM if I didn't think it was a solid project.

[00:11:33]I always follow what the rich, wealthy, and elites focus on regardless of what the market is doing. When the BIS, IMF, World Bank, World Economic Forum, and central banks highlight XRP and XLM. Pay attention. Ripple's global payment rails and licenses plus Stellar's efforts. You know, this was the reason that I bought both of these cryptocurrencies a long time ago because this is what the elites were looking at as the future. It wasn't just XRP. It was always XLM as well.

[00:12:11]They were mentioned they're and they usually tend to be mentioned together by the BIS, IMF, World Bank, ECB, and so on. So, I figured why not invest in what the elite is looking at as the future.

[00:12:28]And that's what initially got me in to both of these cryptocurrencies.

[00:12:33]XRP at A132 with a failed breakout and narrowing range. That's a compression pattern, not a crisis. The market's coiling could break either way. But the longer it squeezes, the sharper the move when it finally picks a direction. And right away, people are saying, "Oh, XRP is now headed back to zero." It's not going to zero. You know, everybody looks as soon as something happens, everybody looks at it like it's the worst thing that could happen for XRP. Listen, XLM finally got some price movement upward.

[00:13:13]And I am happy to see that happening.

[00:13:16]But you cannot sit there and say, "Oh, this is it. XRP just got replaced by XLM." Because that is not what happened.

[00:13:26]And like I said at the beginning of this video, you look at XRP on the one-day chart and it looks primed for more movement to the upside. But with the uncertainty that's still in this space, I think we could possibly see some sideward sideways movement first and then a break upward. Other people are saying that XRP is going to catch up with XLM at any moment, but nobody really knows for sure. But the one thing I wanted to point out in this video is always think about what you're doing before you do it. These people that sold their XRP or swapped their XRP for XLM, I think they're fully going to regret it. If anything, you should have brought new money into XLM and continued holding your XRP.

[00:14:20]But people will always chase green candles. And wait until you see the FOMO that shows up once XRP breaks out. And you know what? Most of these people are going to swap back the second XRP starts to move. Right away, they're going to swap their XLM back into XRP.

[00:14:40]Why not just sit back and wait for it to happen? Stop chasing green candles. And until it does happen, stay patient, stay positive, and let's get rich together.

[00:14:53]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.