XRP HAS NOW HIT OUR TARGET, I'M DOING THIS NOW!!

Added: 2026-05-30

[00:00:00]Good morning everybody. Welcome back to another Friday here in the crypto market. Well, in today's video, I want to talk a bit about XRP because its price is doing something extremely important right now. And as a result of what it's doing, I've decided to go in and start making some moves with XRP.

[00:00:15]So, in today's video, I'm going to break down exactly what it is that it price is doing, what I decided to do as a result of this, and what I'm looking for over the next couple days and also the next few weeks as we head into June. So, we have a decent amount to get into, but before we do that, I will remind you all that if you do hold XRP, you're someone who just holds it. I will leave a link down below to IT Trust Capital. This is a retirement service, which means that you can store your XRP on their platform, hold it into retirement, and then you don't have to pay any taxes on the gains that you generate as long as you meet the certain criteria. And the cooler part about it is that if you deposit on their platform using my link, they're going to give you up to $100 as a funding bonus for creating and funding an account. I've been a customer of theirs for about two and a half years now. I even have some of my own XRP on their platform trying to make tax-free gains. So, go ahead and make sure to check that out with the link down below.

[00:01:02]But with that in mind, let's not waste any more time because again, XRP's price is actually doing something pretty dang important right now. So, what we can see is that XRP, yes, has officially fallen out of that structure in which we were tracking for a couple months. As many of you know, throughout the months of, you know, February to May, we were watching XRP very closely as it was sitting in this triangular structure. And I told you all, listen, unfortunately, there's about a 60 to 70% chance that we fall out the bottom side of this structure.

[00:01:26]So, don't be surprised to see XRP start to break down at some point over the next coming weeks. Well, about a week and a half ago or so, that is exactly what happened. XRP's price lost support, and the second it lost support, I told you all exactly what I was preparing for. I said, now that XRP has lost support, there are two zones in which I'm expecting its price to try to go down to. The first one being bounce zone one right here at $1.30. I said, "Look, this was the last point of support, the last major zone of support that we put on the bottom side of that structure.

[00:01:53]So, it wouldn't surprise me at all to see XRP XRP's price come down to that zone." I was basically expecting that to happen. And then I said if XRP falls below bounce zone number one, it wouldn't shock me at all to then see it come down to bounce zone number two back here at $112. And so, because of that, I laid out these as bounce zone one and bounce zone two. And I told you these were the zones where I would start making some moves. And well, of course, as you can see, it has now come down to bounce zone number one. So, I am starting to make some moves. So, the move that I decided to do today, now that XRP has come down to the zone in which we were expecting, was I decided to open up a bit of a long trade on XRP, right around $1.30 is my average open price. Total position value was only $1,240, which is $400 of marginal on 3x leverage. So, this is not a big trade at all. And matter of fact, this is the majority majority of this trade is actually some of the profit that we took off XRP back here. Do you remember in February and in March I told you all like, hey, there's still a chance we come back down. We bought these lows down here. And so, we took a quick scalp and we took some easy profit off the table back there. That's most most of what I'm about to go in with is from that mix in with a little bit of some of my other profit. Um, just simply just because, right, I don't want to I don't want to create a really big trade.

[00:03:03]There's no need to create a really big trade here. I still do think we're in a crypto bare market. I think this bare market could continue a little bit longer. So, there's no need for me to open up massive trades. So, I just thought it made more sense to rotate some of my previous profit back in to try to compound that profit into larger gains. Now, the reason why I went in with $400 though and not maybe more is because remember this is only bounce zone number one. And my strategy goes like this. When we see something like XRP create a structure like this and start to break down. What I like to do is lay out the zones that are the most likely to reverse this downtrend, right?

[00:03:34]To reverse it back in the upwards direction. And what I do is I purchase or open up long trades at each one of those bounce zones, buying more or opening more the lower that we go. So what I may do and what I'll probably end up doing in this example is, you know, say open up something around like $400 worth of margin on bounce zone number one because it has a decent chance of holding us to the upside, but not very good if I'm not, you know, if I'm going to be honest with you guys, not very good chances here. And then what I'll do is, let's say, for example, we roll over to bounce zone number two. Well, then maybe what I'll do is I'll increase that by about 3x and I'll go in with $1,200 worth of margin and really substantially increase the size of that accumulation or that long trade because of course we now have a higher chance of returning to the top side. And then let's say hypothetically we see the price roll over from there. Well, I'll obviously go in and lay out some of my extension zones in the future and I'll be accumulating, you know, maybe 2,000 at the next one, 4,000 at the next one. And my goal with this trade right now, and the reason I'm implementing this strategy is because again, I believe that we are in the buyers portion of the bare market. And all that means is that the lower that we're seeing these prices go, the more I think it's becoming likely that we actually see the bare market bottom hit, that we see the bottom for XRP hit, that we see the bottom for Bitcoin hit. I've made that abundantly clear that I believe that if Bitcoin rolls over to 50,000 or so, that could be the bottom of the bare market with all CL um clues and signals saying that that is very reasonable. And so with XRP the same, you know, the same remains the same, right? If we see XRP's price roll over to say a $130 or then roll over towards A13, then further roll over maybe back to this trend line around 77 or 90, I want to start building into a position here. I want to start building into that leverage position because if I'm right and we see XRP actually put in some sort of bare market bottom and start to give us a rally, this could be tens, if not even in the world, hundreds of thousands of dollars of gains depending on how it goes as a result of these positions. And so it is a bit risky, don't get me wrong, to be opening up long trades right now because I'm well aware that we might see XRP fall another 50% from here. I know that's coming. But remember, I'm not going in with all my capital. I've allocated about $20,000 to these trades. I've only deployed about $4,000 of it. And again, that 20,000 is all profit. So worst case scenario, I lose all 20,000 of it. That was all profit, right? But I'm allocating about $20,000 of this to this. I've deployed about $3,500 to $4,000. So I still I'm sitting on 15 167,000 worth of profit that I can deploy into these trades if they roll over. So I believe that will be of course enough margin and if I need to add more I will in order to withstand you know a 30 40 50% correction from here if that's going to happen while also paying my funding fees. And then the goal is that I catch this trade somewhere around the bottom half. You know what you can do to kind of envision it is imagine as if I started these trades for Bitcoin back in the last bare market like right here, right? Somewhere around here. So, I basically open up these long trades on XRP, Bitcoin, Salana, Ethereum, and this we're talking about XRP specifically today, but you get the point right here. Bitcoin's price continues downwards a little bit lower, and I'm building into it, building into it, building into it.

[00:06:29]Then, bang, it starts to rally. This is exactly what we did in the last bare market, and that's what I'm trying to redo. Again, this bare market is trying to catch ourselves entering into the buyers portion of the bare market, which I think we are. I think the worst of the losses are behind us. I think sure, we may continue lower, but I don't think it'll be as bad as what we've been through. And so I'm trying to, of course, time these long trades in order to get some extra exposure to the bottom of the bare market. And so that's what I'm doing with XRP right now is I'm going in and just starting that. I put about $400 in here. I'm going to likely triple that up to around 1,200 in bounce zone 2. And if we start to roll then below two or below a dollar, that's when I'll lay out those key support levels around those levels and break down exactly how much I'm putting in at those points. Okay? So this is my general game plan. I'm not telling anyone to go in and copy me and do the exact same thing as me because remember I think it's reasonable to assume Bitcoin, Salana, ETH, XRP, they all could continue lower.

[00:07:22]They all within reason could fall anywhere from 25 to 50% from here. And so it's going to be a volatile ride.

[00:07:27]It's going to be a little bit mentally taxing if it does happen because I'll immediately start down negative tens of thousands of dollars or you know thousands if not tens of thousands of dollars. But I have conviction that we are entering the buyers portion of the bare market which will then lead that to be a great opportunity to bring those average costs down and then to ride that up into the bull market whenever that comes. That might not be till next year or the end of next year, right? So I have the the thick I have thick enough skin to withstand that because I've been through multiple bull markets. I've been through multiple bare markets. So I'm not telling people to copy me on this.

[00:07:55]I'm just showing you what I'm doing to hopefully get exposure to the buyers portion of this bare market. And so that's what I'm doing. Okay. So I'll keep you updated as it plays out. As you guys can see, I am doing this trade over on BTCC right now. BTCC is where I actually have all of these bare market trades open. Bitcoin Salana, Ethan, now XRP. And if you do use my link down below, they're going to give you up to $10,000 in funding bonuses or uh sorry, deposit bonuses. So, when you deposit on their platform with my link, you're going to get up to $10,000. And then once you actually start trading, they're going to give you an additional up to $13,000. So, you can get up to $24,000 in bonuses if you deposit XRP, Bitcoin, whatever it may be on their platform.

[00:08:32]And then also another option that you guys may be interested in is that if you have some XRP that you don't want to trade, you just wanted to earn some yield. I have a link down below to Fortis X. This is a platform that offers liquidity pools and staking pools. And as you can see here, you can earn on your XRP every single day. I have about $2,000 on the platform. I'm getting paid literally every single day from it. And obviously, these sorts of platforms do come with risk. So you need to be careful and you need to understand that if you deposit your crypto on any platform, you can lose all of it. So understand that. But I have that link down below, too. So, make sure to get those bonuses. Um, and yeah, I'll keep you updated. So, now we're at bounce zone number one. I started that long trade. If we come down to bounce zone number two, I'll increase it. And then I'll of course update you what I do from there. So, hopefully you guys have been enjoying these updates and me kind of just walking you through what I'm doing in these rough times in the market. If you have, don't forget to smash that like button, subscribe to the channel if you are new, and I can't wait to see you all in the next one. Peace out everybody.