Ripple Invests In SQUID + XRP Naysayers Still Can’t See The Forest For The Trees

追加: 2026-05-25

[00:00:03]Hey guys and welcome to the Working Money channel. This video includes paid promotion. Guys, we've got Bank XRP posting this. The wick to A130 was a trap with a laughing emoji here. Shook out the weak hands. It looks like XRP did reclaim 133. Same candle. That's not weakness. That's a liquidity grab. So, what he is suggesting here is that we uh well vbottomed out of that quick uh burst to the downside. Guys, I'm going to bring up the XRP chart here so you guys can see that we did in fact, this is the hourly chart. We did in fact get down to about a$130. Look at that. Right on the nose. A $130 for 1 XRP and then uh we rebounded right back up went up to $137. Now, we're just kind of hovering in and around this zone here. Now, this is the hourly chart. 1 XRP currently going for 136. Let me throw that on the daily and uh you guys can see on the daily chart. Uh I mean not really anything terribly exciting to be uh to be optimistic about I don't think at least not at this particular moment. We are still uh just kind of hovering in these levels in here. There has not been a big explosion. I mean Bitcoin is also recovering a little bit. So oops let me just throw that up there. Bitcoin is also recovering a little bit. So last two days have been bullish for Bitcoin.

[00:01:22]Bitcoin though has to hold this uh significant level in here. We did close beyond that level there. If we're taking into consideration bottoms of bodies uh so if we can stay above that level, maybe there is a case for a bullish Bitcoin turnaround. Although uh guys, it is still looking like a very very weak trend to the upside and a stronger trend to the downside for uh well for Bitcoin and the rest of the cryptocurrency market. Take a look at fear and greed.

[00:01:50]We are at 39. Crypto average RSI uh somewhere in the middle there at 50.11.

[00:01:56]Market cap is up today by a little bit.

[00:01:58]We are seeing a little bit of green being printed on the board today. Uh altcoins again following Bitcoin. The Bitcoin trend up. Altcoins also up. One Bitcoin currently going for $77,000. was a far cry from 741 uh where we did see that bottom, but also a far cry from that uh from that top uh just a couple of weeks ago over here when we did see a Bitcoin going for just uh almost $83,000 per coin. So, we are still down from that top, guys.

[00:02:28]Looks like the trend is turning around.

[00:02:30]Of course, key levels in and around here, $75,700.

[00:02:33]These are the levels that I'm going to be paying attention to. I'm just going to interrupt this video for a second.

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[00:03:30]Always diversify your investments. This is not financial advice. When it comes to XRP, XRP has always swept its lower regression band on the two-week time frame during bare markets. Now, this is an observation here from Chart Nerd.

[00:03:43]Take a look at this. Sweeping the lows.

[00:03:45]Okay, so we have these regression bands for XRP. XRP two week regression band signal. So, lower GC always swept to mark the cycle lows in previous cycles.

[00:03:55]So, guys, what he's eyeing here is a $1 XRP. If we swipe that low down there, a $1 XRP would be the next uh the next logical level. And I'm just going to bring up the XRP chart just to show you guys. I'm going to bring up uh the Bitstamp chart just cuz uh Bitstamp always has more uh information than the Coinbase chart, more history, I should say. Um and when we just take a look at the history here on the charts, you can see XRP currently hovering in and around. And I don't know if you guys can see that dotted line, but it's it's really just tapping these former resistance levels. So, it is still forming over here. It's forming support on those resistance levels. Um, if we go down further though, this would be the next one right around here. You can see it tapping uh right on there. Okay, I can't draw circles today for whatever reason. There you go. Right on there.

[00:04:45]And that would be roughly a dollar. So, $117. So, almost a$12. Where else does that level hit? Well, check this out.

[00:04:53]That level uh hits the almost uh really nails the bottom of that wick from this shelf as XRP was climbing back in November of 2024. So, I think Chart Nerd here is on to something. Uh you know, we still have to swipe these lower bands.

[00:05:06]Of course, XRP is following Bitcoin. So, uh if XRP has to swipe that lower band, that means Bitcoin also does have to go lower still. And uh I mean it could be that Bitcoin does this kind of thing, plummets, uh kind of finds its support level back to where we um to where we saw these levels here. But XRP, let's bring up the XRP chart again. XRP is already down in these levels, so it could go lower. In fact, these are going to be great opportunities to buy, guys.

[00:05:31]And uh if you want to hear what my thoughts are, follow me at patreon.com/workingmoney channel. The subscription is only $5 a month, but you got to subscribe and stay subscribed to lock into that price.

[00:05:42]We're getting very very close to I think optimal buying opportunities now for cryptocurrency. If you guys are still cost averaging in uh Ted Pillow's also bringing up something that we should be paying attention to. Look at this. Two weeks ago, Moonboys were calling for alt season. This is how the altcoin market cap looks right now. Look at that trend line here on the others. So, this is all cryptocurrencies excluding the top 10 cryptocurrencies. So, a real good assessment of most altcoins in the space. You can see here uh trying to get up past this level. So if we are to consider this trend line the uh the support level we did dip down and now guys this is uh the weekly chart. We are trying to uh really butt up against that. I'll bring up the others chart here. Uh we don't look at this chart too much but um others it's the others chart. This is the one and I already have the trend line on here on the daily. You can see it better on the weekly there. And so uh zooming in.

[00:06:39]Whoops. Zooming in here, you guys can see just kind of hitting those um the bottoms of the bodies of these candlesticks, these weekly candlesticks.

[00:06:46]We have wicked down, but guys, look at that. Right in there, budding up against that. So, uh flipping support into new resistance and uh this is suggesting that it's going to continue to move downward. So, uh Ted Pillows, I think he's also observed something really important there for the crypto space.

[00:07:02]So, I wanted to thank Ted, wanted to thank Chart Nerd, uh wanted to thank uh also Bank XRP for posting that. Now guys, when we're looking at broader crypto trends, okay, Quentyn here posting this, still wondering what happened. What did happen on October the 10th? Bitcoin in the entire crypto market suddenly completely decoupled from every other risk asset. Stocks kept grinding higher while crypto started trading like something broke underneath the surface. To his point, I mean, if you do take a look at the S&P 500, whoops, S&P 500 has been grinding up. uh definitely been grinding up since I mean even since um I mean if we were to take it from uh when crypto saw its high somewhere in around here it did grind up it came down but really not congruent to uh the crypto cycle. Nevertheless, somebody else brought up something interesting uh all sharp here I guess.

[00:07:52]Check this chart. Bitcoin was and still is coupled to software to IGV. So uh that is interesting. The other thing Quinton though does notice is that uh Bitcoin is completely decoupled from global liquidity. So, you know, we had those uh we had those analysts suggest that the global liquidity is the indication the uh the leading indicator of where Bitcoin's going to go, where crypto is going to go. And uh you know, they were suggesting that we were going to go higher, see a super cycle. But alas, it looks as though we are not seeing a super cycle. I know I keep seeing people in the comments section saying four-year cycle irrelevant.

[00:08:25]Four-ear cycle irrelevant. Guys, we're still in it. If you are blind, um maybe you don't realize that, but we are still in a 4-year cycle technically. And I'm the first one to say that could change, but right now we're still in it. So, we are until we aren't, as they say, which is a super annoying term, but uh really one of my favorite terms. Anyway, I wanted to thank Quentyn there for posting that. Vin, guys, bringing us uh a new scam alert. For those of you guys using the Zmen wallet, you might want to be careful. every uh day now. Okay, 10 plus new domain names with scam websites are pretending to be Zmen. And so uh just be mindful guys. Again, there is a fake uh desktop wallet to do not download anything from a third party. If you guys are going to uh download the Zmen wallet or something similar, download it from official sources only.

[00:09:11]And uh you know that also goes for the Ledger Nano. I personally use the Ledger Nano for self- custody. I do have an affiliate link in the description if you guys are interested in getting one of those. Always get it from the official source. I know uh you know a lot of these uh different wallets and apps a lot of uh fishing scams occur where uh you know these um hackers try to get you to download and uh you know install a Google Chrome extension or whatever.

[00:09:32]That's all sketchy. Be careful guys of where you're custodying your crypto. Uh so anyway, wanted to thank Vitz Vin just for that public service announcement there. We also got this Diana invest with D Scott puts it out there. He would rather buy Ripple stock than XRP. I mean these two jokers it's like they still don't get it. And I think Mikl here really nails the hammer on the head.

[00:09:51]It's like watching my parents talk about AI. Boy, Mikl, how old are your parents?

[00:09:57]>> And Salon are available to me. I should have some of that, right? So, >> but based on that, but based on that uh based on that, then you'd probably need some XRP in your portfolio because isn't there this whole narrative around how XRP is a very institutionalized coin in the United States, right?

[00:10:11]>> What's that meme? That's bait.

[00:10:16]>> I did I did this on some other show. I I I was on a Oh, it was on a webinar.

[00:10:20]Luckily, it wasn't recorded. I just can't listen. I It's nothing against any of them. Like, I just, you know, I don't view XRP through through that lens, right? I I I I just personally when I look at that XRP specifically, I see that there would be theoretically an opportunity to own Ripple shares.

[00:10:36]There's no Ethereum shares or Salana shares or Bitcoin shares. And I would rather personally be invested in Ripple the company than in XRP, the token, given the opportunity.

[00:10:44]>> You're very, you're a very smart guy, Scott. You're a very smart guy.

[00:10:48]you know, like where does the value acrew and how do they fund the company?

[00:10:52]>> I don't know. Well, I know how they fund the company. They fund the company by selling the XRP token to token holders.

[00:10:57]That's how they fund the company.

[00:10:58]>> So, right. So, like I like I get why people believe it can still go up. I personally am not comfortable with being on the wrong side of that.

[00:11:05]>> Yeah. I don't I don't I don't >> like you got seller buying on one side and then you know who's selling to you uh with that one. I mean, these guys are still using that narrative that Ripple is selling XRP to retail to fund their own company. Um, and the fact that XRP is uh is going to fail. It's not used.

[00:11:22]It's not necessary. I mean, we all know why this is hogwash. And uh you know, these uh uneducated um people, I'll put it nicely, uneducated people um don't really haven't really done the research or decide to ignore it. I feel like, you know, it's ignorance, willful ignorance more because at this stage, these guys have been in the space for longer than I have. And uh, you know, they should understand where the money is coming from. They should understand what Ripple's doing. They should understand how many partnerships Ripple has and why XRP is going to be useful. Right now, I mean, none of these cryptocurrencies have proven themselves as a standalone cryptocurrency. Everything is still following Bitcoin. So at the end of the day, I mean, if you are considering the current status of the crypto market, then you should um then you should just look at what cryptocurrencies have gained the most in the last cycle, for example. And uh I mean, even just taking a look at XRP, what XRP did do in the last cycle, I mean, we saw most of those gains when Bitcoin uh rallied originally back in here. And um you know, if we take a look at this, XRP did go up from November 2024 up until July of 2025 over 600%. All right, compare that to Bitcoin. Now, again, this is just speculative trading. Compare that to Bitcoin, and we'll take it from the same uh same time period, right around here, Bitcoin went up 85%. Um let's take a look at Salana. I don't know. I actually don't know how Salana did in that same period, but if we take it from November, uh right here. Okay, November. And uh I'm not taking it from the highest or the lowest, but um uh so this would be September. But even if we just take that all-time high there for Solana, 85% similar to Bitcoin returns. Guys, you either want to make money or you don't want to make money or you are looking for the long-term play in which case I think Ripple is still on top. XRP going to be utilized in a real world situation. Gary Gensler apparently did an interview too with a German publication. This courtesy of Sentosumo Saba. Here are some of the questions that he was asked. I will link this in the description. You guys can uh uh change this language into English if you want, but here's the full interview.

[00:13:29]Again, I'll link this in the description. But Sentosumo Saba mentioning here the question was, "The current US administration has reversed several of your measures in the crypto sector. Does this wave of financial deregulation keep you up at night?"

[00:13:42]Derek Gensler says, "I I sleep perfectly well." Uh he was also asked if he believes stable coins will significantly increase demand for the US dollar. And guys, his answer for that, we already live in a world of digital currencies.

[00:13:54]Nobody receives their salary in cash.

[00:13:56]Nobody pays rent in banknotes. This raises the question of how much we really need stable coins. That is a huge face pal meme moment that needs to be posted here. I don't have one, but um it just goes to show you that he was always the wrong person for the job, says Crypto Sensei here. You wouldn't think somebody who taught blockchain would be this ignorant about the new financial system. DeFi for everyone saying that's Gensler pandering to the banks. He knows darn well the onetoone backing of the stable coin to the US dollar is what will save the dollar as other countries sell out our treasuries. Uh our current banking system where banks hold 10% or less in reserves is done when people around the world can buy a stable coin that's backed by US dollars and hold it outside their own reliable banking system currency. It's a gamecher for them and the American dollar. This is exactly right. The stable coin is actually going to help bolster US dollar dominance. the dollar will be supported by individuals around the world instead of countries. And I think uh that is also um you know what is what this is all about. US dollar dominance maintaining that. Ripple is also obviously part of this with uh well with the RLUSD for example. Um but here's another one with regards to another uh venture that Ripple is backing. Ripple backs a $6 million funding round for Squid, a cross-chain router now live across 100 plus blockchains with $6 billion in routed volume. Ripple isn't just building on the XRP ledger. They're funding the infrastructure that connects every chain together and they have been for quite a while. Uh they have been since the beginning. It's all about uh you know making sure that XRP ledger ecosystem is robust, making sure it is liquid. Liquidity is key too. Uh so Ripple and North Island Ventures are backing this $6 million round for crosschain platform Squid. This is uh the lowdown here. We've got Squid.

[00:15:39]They're a cross-chain infrastructure platform. They initially incubated with the Axelar ecosystem, which is also a Ripple partner and since grown into an independent platform, has raised $6 million in strategic funding to launch a new customerf facing product. North Island Ventures led the round with Ripple Dialect and Borderless also participating. Uh, angel investors including Axelar co-founder and former director uh Georgios, excuse me, Georgios flashos, Enzo Finance founder and Connor how and constructive founder Dan Lynch also joined the round. Squid's synonymous co-founder Fig told the block. So Ripple part of this round the new funding brings Squid's total funding to 13.5 million. Here's the big thing.

[00:16:18]Squid says it processed more than 6 billion with a B dollars in volume through more than 4 million transactions across over 100 blockchain networks. The platform says it has served more than 1 million users through its own app and partner integrations spanning wallets, decentralized finance applications, payments, and agentic commerce. So looking to expand the ecosystem. Uh it sounds as though Squid is one of those um aggregators, aggregated uh companies that does uh that does promote the interoperation of uh said blockchain. So we can see uh you know a multitude of transfers across all these different blockchains uh not needing one specific cryptocurrency to rule them all. Of course, this is why this move is strategic for Ripple and not random.

[00:16:58]This courtesy of bank XRP. Squid supports the XRP ledger as an integrated chain sitting alongside Ethereum, Salana, BTC, Stellar, and Cosmos. What's the best part? No wrapped tokens, so no synthetics, native to native swaps across 10,000 plus apps and DeFi services. So Ripple just made the XRP ledger accessible to the entire crypto ecosystem in one $6 million check. This is why it's important. Um, you know, it's it's actually quite a uh quite an affordable price, quite a cheap price to pay for what they're actually doing here. Ripple putting $6 million behind Squid feels very intentional. Making the XRPL a first class citizen alongside all major chains with native to native liquidity. That's huge for actual adoption. A lot of people still see XRP as just a payments coin, but moves like this quietly turn it into a real cross-chain player. So, when guys like this are pretending not to know why XRP is important, remember they've got a mandate. My mandate is to make as much profit during this crypto cycle as possible. And if you guys are interested, you can follow me at patreon.com/workingmoney channel. Working really, really hard on trying to isolate those bottoms. Guys, I still think there's more downside to be had. That's just my opinion. You can also mosy on down to the working money channel merch store if you guys are interested in purchasing some working money channel merchandise. Link is in the description of the video. Again, just my opinion. I want to hear what you guys think. Please subscribe to the channel if you haven't already. Like the video if you like the content I'm providing. I always love hearing your comments. See you in the next one, guys.