🚨 XRP HITS MOST OVERSOLD LEVEL IN HISTORY - BUY SIGNAL!? 🚨 CLARITY ACT & JAPAN UPDATE! (JAKE CLAVER)

Hinzugefügt: 2026-06-06

[00:00:00]What happens if the Clarity Act is signed and passed before price appreciation? You keep saying we will have price appreciation first, but what if? Well, I will say this. The XRPL has the most onchain amendments that are curated toward financial products and solutions and infrastructure out of any other chain out there. So, even if the Clarity Act were to pass before we saw price appreciation for XRP, it would still be positioned to be the go-to solution in that scenario, but there would be competitors. You know, there are other blockchains that can settle very quickly that would likely compete with the XRPL. And at the time we sit now before the Clarity Act, XRP is uniquely positioned as the only solution in that scenario. So, I think it would still do very well. Well, I think there could absolutely still be a supply shock and many of those other things, but I don't think it would be as drastic and they need it to be very drastic in order to be able to get it to the price they need it to be in order to be able to use it. So, I I'm going to stick with my thesis and say that three digits will happen before the Clarity Act passes.

[00:01:07]>> Massive update for XRP investors. While the United States government is in the process of fast-tracking the Clarity Act, the XRP price chart just hit the most oversold level in history for the XRP community. And during today's episode, we're going to be breaking down how these two narratives are connected just as the Clarity Act is about to get across the finish line. Cryptocurrency prices are experiencing the greatest collapse we've ever seen. We're also going to be talking about what's unfolding in Japan as SBI CEO is now calling for the Clarity Act to get across the finish line. Now, we've previously referenced some of his quotes, stating that the XRP token will need to be expensive in order to facilitate the use cases that we've been outlining. Well, during today's episode, we're going to take that one step further, showing our listeners how Ripple and the XRP ledger directly benefit from the Clarity Act. Hello and welcome back to another episode of Good Evening Crypto, your favorite crypto news related channel. If you enjoy this content, smash that like button and subscribe as you're going to get an update every single day, 5:30 p.m.

[00:02:05]Eastern time. And to kick off today's show, we're going to dive right into the XRP price chart as right now, we are getting an official reading from the XRP RSI. We are at the most oversold level in recorded history. Now, you're hearing that correctly as even after Ripple was sued by the SEC back in 2021, the RSI never even got close to as low as it is today. Now, the RSI is a very important indicator for the XRP community to understand because this lets us know when our asset is overvalued when it's over a 70 and undervalued when it's in the territory that we're in today. Now, we only saw the XRP RSI breach a 70 on three separate occasions. the bull run of 2018, the bull run of 2021, and very briefly here in the bull market of 2025.

[00:02:49]Now, what are we getting on the rating today? We are seeing a current reading of 40, which we have never seen in the history of XRP. And this leads me to believe that XRP could be trading at an extreme discount to where it may be just a few months from now. But that's not all the XRP connections that we have for you. As Blockchain Backer put out a phenomenal analysis earlier this morning, stating that the XRP token has over 40 billion of the circulating asset trading at a loss right now. And that means there's a massive opportunity for XRP investors as every single time we get readings this low, it means the bottom of the bare market is in. We're also seeing a very similar reading for Bitcoin, which is driving the momentum of the market today. Bitcoin is currently sitting at over 10.2 2 million coins at a loss. During the 2018 bare market, it was 10.7 million. During the COVID bottom, it was 10.4 million. And during the FTX collapse, it was 10.6 million tokens, marking the bare market bottom. Well, we are definitely sitting very close to those ranges today. And when we analyze the XRP price chart, we're seeing something extremely similar as over 40 billion XRP tokens are currently sitting at a loss. And during the bottom of the bare market for COVID, this number was 43 billion. During the 2022 bare market, it was 42 billion. And during the FTX collapse in 2022, we hit a low of 45 billion. Well, right now, once again, we're getting another indication that the XRP price chart looks like it's bottoming out. But we're also seeing some positive updates in regards to the Clarity Act as we are ready to get this thing across the finish line. But if you're optimistic that XRP is in oversold territory, smash that like button and leave some of your thoughts underneath the video as oftent times these are the moments that we look back on and say, "I wish I bought more."

[00:04:31]But here's a brand new update here from Senator Cynthia Lumis. Here's the clip.

[00:04:35]>> Given the long-standing relationships that banks have with lawmakers, are you concerned at all that this could complicate the effort to get to the 60 votes? You know, we we will get the votes, but it's going to require us to identify people who are concerned that their community banks might suffer loss of deposits and explain to them why we not only think that's untrue, but that we think the opportunity presented to them to incorporate digital assets into their financial service offerings actually will raise their opportunities uh to offer financial services locally.

[00:05:10]If you look at the statistics as stable coins have been issued and become embedded in our economy, deposits in banks have gone up and those are the kind of facts that we need to share with them so they can see that these types of financial products can coexist and then we're going to find opportunities for these community banks to incorporate these assets into their offerings. And these Senator Lumis quotes remind me of a quote that we got earlier this morning from French Hill. And he's responsible for a lot of these Clarity Act negotiations. He stated that finally banks have onboarded this technology and they are ready to adopt blockchain products. The only thing holding them back right now is the regulation not being in place. This is creating an incentive for the largest banks in America to not only vote for the Clarity Act, but actively support the bill because at the end of the day, this is going to improve their existing business models and drive more revenue for their companies. But that's not all the exciting news for the XRP community in regards to the Clarity Act. As earlier this week, we got a massive announcement from SBI CEO who's made several very positive statements in regards to Ripple and the XRP ledger being successful after the Clariac gets across the finish line. Well, this week he put out some very optimistic statements stating although the cryptocurrency market is declining overall, the reason is believed to be that institutional investors and others are raising funds and acquiring shares for three major upcoming IPOs. SpaceX, Anthropic, and Open AAI, which are successfully scheduled for the United States in the future. From a fundamental perspective, there are no concerns whatsoever about crypto. And I'm convinced that if the Clarity Act is enacted inside the United States, it will bring a positive impact to the cryptocurrency market, including Ripple. And this is something we've stated for a very long time. Ripple has over 1,700 NDAs in the background. And they've been working with many of the largest corporations in America for the better half of a decade. And this was brought to light over the past week or so as the DTCC made a public announcement that they were going to be leveraging Stellar's technology. Well, it turns out that Danielle Dixon, the Stellar CEO, publicly stated the DTCC has been secretly working with Stellar since 2018. And as I was reading these brand new comments here about Ripple and the Clarity Act, I couldn't help but acknowledge the fact that Ripple has been working with hundreds, if not thousands of companies for the better half of a decade. And once clarity gets across the finish line, we're going to see all of these new business partnerships come to fruition. And so my belief is as all these companies are onboarded into the XRP ledger through Ripple products, we're going to see significant demand for the XRP token in correlation with that. And if the DTCC news isn't just a great example of what can happen for some of these blockchain networks, during a bare market downturn, XLM was still able to outperform because a single headline and a single partnership as dozens of partnerships are announced between Ripple, the XRP ledger, and financial corporations all around the world. I'm anticipating that regardless of what the market is doing, we are going to see a repricing moment for XRP. But that's not the only thing that's happening out there for the XRP community. We also have the reverse carry trade playing out before our very eyes with the JPY officially hitting 160 units per US dollar. This is a massive moment for the industry that Jake Claver and the XRP community have been waiting for for a very long time. And in correlation with this, we're also getting a massive correction in the crypto markets. So, I wanted to play this update and reminder here from Jake Claver outlining exactly what we need to watch for for the reverse carry trade to play out before our very eyes. But if you're enjoying this content, smash that like button. Leave some of your thoughts underneath the video. Although we're going through a bare market. It's undeniable. This is a very opportunistic time to be in the XRP community. Here's the clip.

[00:08:45]>> Imaginary Friend says, "Jake, we're at $160 to yen." Uh, what is the domino theory here? How will we know when the reverse carry trade is happening for real? So, last time, uh, well, you'll see the Bank of Japan intervene. They will have to raise interest rates. So they will come out their their currency will strengthen against the dollar and we will fall away from that. Uh you'll then start to see markets collapse.

[00:09:07]You'll start to see the nicay have effects with that. You'll see the S&P and the other markets here domestically start to uh go down.

[00:09:16]You'll see volatility in the bond market. Uh you'll see bond yields spike here domestically in the US because there will be a ton of selling pressure on those bonds. And that's when the banks will have to step in and start issuing stable coins. uh to be able to soak up that demand or drive that demand to be able to soak up all those treasuries flowing onto the market, stabilize the yield in the bond market.

[00:09:36]It it's going to be um a very scary situation for people that really don't understand what's happening. Uh if you look at the same constraints that happened in August of 2024 um when we were 13% down in the S&P in a single day, it would I think it's going to be very similar to that. I think there'll be a repricing in markets. I think we're going to see, you know, 30 to 50% down in markets in a very short period of time. Does that take a day, couple days? I don't know what it's going to be. Um, I think that they'll step in quickly, right? And I think that's when you're going to see the Black Rockck roll out their ETF for XRP.

[00:10:10]Um, and and many other people start piling on and start using XRP. I think that there could be implications for Tether. I don't know if it'll be deped or sanctioned or if they just start freezing a bunch of Tether on the network. Um, and so people, you know, run away from it. Jim Rickards has talked about, um, you know, people losing trust in stable coins as a whole if Tether had some issues and then other stable coins going ill liquid because a lot of people that have, you know, I've talked to over the years are like, I'm going to try to buy when it's fall.

[00:10:39]>> And so, it's undeniable that this is a very important time to be not only in the XRP community, but to be a crypto investor overall because we have so many of these fundamental catalysts playing out before our very eyes. the Clarity Act, the bare market, the reverse carry trade, all of these different narratives are in some way, shape, or form intertwined. And it's looking like at the back end of this year, we're going to start to get some answers about how these events will unfold. But just to remind you guys, the case scenario that we're talking about here is Japan raises rates, the yen strengthen sharply, and there's a global market sell-off, meaning the S&P and others see a massive decline in value. From that point forward, the Bank of Japan intervenes and the stronger yen leads to a spike in US bond yields, increasing the volatility. They issue stable coins to soak up the treasuries and to stabilize the bond market. And from that point forward, we could see XRP, while the entire market is correcting, start to outperform and move in its own direction. Very similar to what we saw with XLM over these last couple of weeks, but in a whole another level.

[00:11:36]That's just an example of a project moving against the momentum of the market. What XRP would be doing here is something quite frankly we've just never seen before. XRP would become the global liquidity asset fast, cheap, compliant, and being used by everybody. And while markets are correcting all around the world, the XRP token could surge because it's the liquidity solution that everyone's been waiting for. But if you enjoyed this content, smash that like button, subscribe to the channel, and we'll see you all in the next one. So, if you're looking to implement the same strategies that we do here on Good Evening Crypto, I would encourage all of our listeners to click on the ITR Capital link below and sign up to take advantage of tax-free crypto gains. Now, that's not the best part. By leveraging the ITR link below, you're going to get a $100 free signup bonus to start funding your iTrust Capital account.

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