Latest / The Paul Barron Crypto Show / XRP Finally Free!🔥Ethereum Rockets to $4,000!🚀Technical Analysis w/ Evan Aldo ​
Transcript
- 0:00Speaker 1: Let's get into it today. XRP is going to be
- 0:02Speaker 1: on the front of the show. You guys don't want
- 0:04Speaker 1: to miss it. My name is Paul Barren. Welcome back
- 0:06Speaker 1: into the show.
- 0:06Speaker 2: Let's go at it.
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- 0:48Speaker 1: All right, I want to bring back mister Evan aldough In.
- 0:52Speaker 1: We're going to chart some tokens today. Great to see you.
- 0:54Speaker 3: How are you doing? Fantastic? Man, It's a fun market
- 0:58Speaker 3: right now.
- 1:00Speaker 1: Are popping a lot of news. Just so everybody knows.
- 1:03Speaker 1: Evan and I agreed to do an all coin portfolio
- 1:07Speaker 1: for you. We will show it at the end of
- 1:09Speaker 1: the video. I will say this, Evan has some good
- 1:12Speaker 1: picks in there, so stay around for that. Let's get
- 1:15Speaker 1: into the top of the news right now. That, of course,
- 1:17Speaker 1: is the SEC and Ripple officially into their legal battle
- 1:21Speaker 1: following the joint dismissal of appeals, also a reduction of
- 1:25Speaker 1: the fines.
- 1:26Speaker 2: They're going to put some more back in the treasury.
- 1:29Speaker 2: This is huge news.
- 1:30Speaker 1: XRP immediately responded, etf odds go skyrocketing. Tell me what
- 1:36Speaker 1: you think is going to happen right now with XRP.
- 1:38Speaker 2: What's the chart looking like?
- 1:40Speaker 3: It looks really good, Paul. So let's get our XRP
- 1:43Speaker 3: right here and the main trajectory that we're on. I
- 1:46Speaker 3: think we could follow the thing I like here over
- 1:48Speaker 3: on the two day. Is you got your VWOP coming up?
- 1:50Speaker 3: Get a nice green dots. What's crossing a zero line?
- 1:52Speaker 3: Your money flow looks good and I mean, as you
- 1:54Speaker 3: can see the last time compared to here. You know,
- 1:56Speaker 3: you got quite a bit ways to go, so it's
- 1:59Speaker 3: kind of really shaping up to a trajectory of hopefully
- 2:02Speaker 3: within you know, a couple of weeks getting up to
- 2:04Speaker 3: this four dollars, you know, four dollars twenty to four
- 2:07Speaker 3: dollars fifty mark, and then eventually to end a year,
- 2:10Speaker 3: six dollars is the big mark that I'm hopefully looking for.
- 2:13Speaker 3: And if we can hold three thirty, you know, your
- 2:15Speaker 3: techno target is right around yeah, I mean this pocket.
- 2:19Speaker 3: So this pocket seems pretty likely for the next couple
- 2:22Speaker 3: of weeks. I would expect some type of consolidations and
- 2:26Speaker 3: a pullback over here, maybe a red September or something.
- 2:28Speaker 3: But until then, let's just be excited because it's looking
- 2:31Speaker 3: really good. Your money flows great in this hour. Everything
- 2:34Speaker 3: looks good.
- 2:34Speaker 1: So yeah, one thing to consider around these, uh, these
- 2:38Speaker 1: catalysts that happen obviously the news yesterday, big catalysts. How
- 2:43Speaker 1: many people are looking at it going over four K.
- 2:45Speaker 1: We're going to chart that for you guys. But this
- 2:47Speaker 1: ETF watch is what I'm more interested in.
- 2:50Speaker 2: You know.
- 2:51Speaker 1: The numbers of course skyrocketed on poly market. We are
- 2:54Speaker 1: now seeing upwards of ninety percent probability. I've talked to
- 2:57Speaker 1: several analysts right now the likelihood is going to happen.
- 3:00Speaker 1: We've got all these good things happening for XRP, and
- 3:04Speaker 1: the fact that we've got a lot of different people
- 3:07Speaker 1: out there that are going in this direction, whether it's
- 3:09Speaker 1: bit Wise, Canary twenty one Shares, there's quite a.
- 3:12Speaker 2: Few that are active.
- 3:13Speaker 1: We even had the van k or talk to the
- 3:15Speaker 1: van X team before as well, so it's definitely something
- 3:19Speaker 1: I think that is potentially the next step for XRP
- 3:24Speaker 1: to maybe take.
- 3:25Speaker 2: Another leg up.
- 3:26Speaker 1: One thing is also playing into XARP. I want to
- 3:29Speaker 1: play a clip for you, Evan. This is Caitlin Long
- 3:32Speaker 1: about the banking license with Ripple.
- 3:34Speaker 2: Take a look it is.
- 3:35Speaker 1: It frustrating to see all these other companies potentially leapfrogging
- 3:39Speaker 1: the process and you've been in this sort of limbo,
- 3:41Speaker 1: as it were, for five years.
- 3:44Speaker 4: I mean, Ripple bought a company called Standard Trust Company.
- 3:48Speaker 4: Under the law, you have to be a pository institution
- 3:50Speaker 4: if you're state chartered, and they're not, and the banks
- 3:54Speaker 4: will definitely sue over that one. I expect they put
- 3:58Speaker 4: in a fed Master kind of application in March. It was
- 4:00Speaker 4: reported that they did it in June. I wasn't sure
- 4:03Speaker 4: when Ripple said that it had applied in June. The
- 4:06Speaker 4: data shows that they applied in March. If there were
- 4:08Speaker 4: justice then, and if there were rule of law, then
- 4:12Speaker 4: we wouldn't be in this situation. They're all trying to
- 4:14Speaker 4: copy the business model that we had.
- 4:17Speaker 1: Okay, Sometimes companies are just too early. You know, I've
- 4:20Speaker 1: been in industries many times. It's not that they're wrong,
- 4:23Speaker 1: it's just they were too early. Timing is everything when
- 4:26Speaker 1: it comes to this, and I think it's just the
- 4:28Speaker 1: situation that has happened around Ripple, what's happened with the administration.
- 4:33Speaker 2: Unfortunately, it looks you know.
- 4:34Speaker 1: I think it's a little salty for many of these
- 4:37Speaker 1: people coming out and futting many of these companies who
- 4:39Speaker 1: are going to get banking license going forward. That'll be
- 4:42Speaker 1: another catalyst, I think for the next leg. Let's talk
- 4:46Speaker 1: a little bit about this. That is, David Sachs two
- 4:49Speaker 1: important executive orders relevant to the crypto community. One was
- 4:52Speaker 1: the Fair Banking for All Americans. Big deal. This will
- 4:56Speaker 1: continue to push more, I think people into crypto because
- 5:01Speaker 1: now they're going to say, hey, yeah, it's safe fully safe,
- 5:03Speaker 1: no more worries, and then also access to alternative assets
- 5:06Speaker 1: in investment accounts four o one case. What do you
- 5:10Speaker 1: make of this right now? People being able to put
- 5:12Speaker 1: bitcoin eight in four to one case?
- 5:14Speaker 2: Do you like this? Evan Well?
- 5:17Speaker 3: I mean for pro crypto who doesn't like that possibility?
- 5:21Speaker 3: You know, it's obviously bullish and all this info is,
- 5:23Speaker 3: you know, very bullish on the macro. I mean, does this,
- 5:26Speaker 3: you know, bring us up to new highs? Do we
- 5:28Speaker 3: need this news to hit one hundred and fifty k
- 5:30Speaker 3: bitcoin or seven eight k? No? But for the long
- 5:34Speaker 3: term it is very good news. I like it.
- 5:37Speaker 2: Well.
- 5:37Speaker 1: I think some people would look at it this is
- 5:41Speaker 1: the professionalization of crypto because now if you're going into
- 5:45Speaker 1: structured capital, four to one k's the amount of money
- 5:48Speaker 1: that's in that space right now in terms of being
- 5:51Speaker 1: able to turn on the spickett. I think it's also
- 5:54Speaker 1: still a very conservative investor, and that would probably be
- 5:57Speaker 1: the difference. The fact that it's available is great because
- 6:00Speaker 1: there are people out there much younger that are looking
- 6:03Speaker 1: at a little bit more aggressive, you know, because with
- 6:05Speaker 1: your four one k you can go aggressive, moderate, you know,
- 6:08Speaker 1: very conservative. So maybe we'll see that in the aggressive portfolios.
- 6:12Speaker 1: Moving into that, when you look at let's look at
- 6:16Speaker 1: Bitcoin versus XRP, I want to see if that trade
- 6:20Speaker 1: makes sense right now in comparison, how would you how
- 6:23Speaker 1: would you chart that?
- 6:25Speaker 3: Yeah, let's take a look. That's an interesting one to
- 6:27Speaker 3: look at. You know a lot of the bigcoin pairs here,
- 6:30Speaker 3: and if we look at XRP versus bigcoin. Now, the
- 6:33Speaker 3: first thing that is nice is that you have been
- 6:37Speaker 3: doing very well since June, you know, very upward and
- 6:40Speaker 3: really very well since November of twenty four So, yeah,
- 6:43Speaker 3: that's a big thing here. And if we zoom out
- 6:45Speaker 3: just a little bit here, this was a big place
- 6:49Speaker 3: that you know, I'm marked out here now if you
- 6:52Speaker 3: go real zoom out, Yeah, it hasn't done since the
- 6:54Speaker 3: January highs, not too well. But I think he got
- 6:57Speaker 3: a good shot of breaking upward from this area and
- 7:00Speaker 3: getting back close to at least close to our January
- 7:04Speaker 3: twenty eighteen highs against bitcoins. So essentially this would be
- 7:08Speaker 3: a one to two hundred out performance of bitcoin. I
- 7:11Speaker 3: could see. You probably need a six dollar XRP for that,
- 7:13Speaker 3: in my opinion, first dollars, it's absolutely possible.
- 7:16Speaker 2: Yeah, Well, and may that may happen.
- 7:18Speaker 1: I think with these catalysts kind of looming in, you've
- 7:20Speaker 1: got the banking license likely to get done, whether it's
- 7:23Speaker 1: early next year or late this year. You also have
- 7:25Speaker 1: the ETF to possibly move it in that direction.
- 7:28Speaker 2: Let's go to ETH real quick.
- 7:30Speaker 1: Obviously ETH, well, not obvious, but ETH now hitting the
- 7:33Speaker 1: four K mark a very psychological number. Evan, you and
- 7:37Speaker 1: I have talked about this number for quite some time.
- 7:39Speaker 1: My belief is that this is going to be short lived.
- 7:42Speaker 1: We may see a little waffling here, but I anticipate
- 7:44Speaker 1: we're going to see a much more aggressive Ethereum. What's
- 7:47Speaker 1: your opinion right now on ETH in terms of.
- 7:49Speaker 3: The chart, Yeah, hundred percent. I mean the chart would
- 7:53Speaker 3: tell you kind of and I mean, if you watch
- 7:56Speaker 3: this enough, you're just like it's got to break through
- 7:58Speaker 3: at some point. First thing that I'm looking at here
- 8:00Speaker 3: is really it's kind d of like a certain type
- 8:03Speaker 3: of Wykeoff pattern. Like normally you see Wyckoff with the
- 8:05Speaker 3: bottoming up. This is more of the opposite Wyckoff. And
- 8:08Speaker 3: you get these one, two, three, and then these four
- 8:10Speaker 3: kind of tops here. Usually the fourth one you eventually
- 8:14Speaker 3: break upward and this would bring you to a target
- 8:17Speaker 3: right around my big goal seventy three hundred. Hopefully you
- 8:20Speaker 3: see that October the earliest, December the latest, somewhere in
- 8:24Speaker 3: that period. The other thing we can look at too
- 8:27Speaker 3: is just look at this nice continuation sign over here
- 8:29Speaker 3: on the two day vwop coming up. Money flow still good.
- 8:32Speaker 3: You could stay in the money flow for a while
- 8:35Speaker 3: in previous times. I mean right here is where you went.
- 8:38Speaker 3: You had a nice run up in twenty twenty four.
- 8:40Speaker 3: You also had a nice run up here, and you
- 8:42Speaker 3: know later last year. So easily should be able to,
- 8:46Speaker 3: you know, repeat something of this nature. I would hope
- 8:49Speaker 3: for in oops and get up to yeah, into September
- 8:54Speaker 3: fifty five hundred. You know, I think you can make
- 8:56Speaker 3: a new all time high maybe within a few weeks
- 8:58Speaker 3: here that four nine hundred mark. I mean, these moves
- 9:01Speaker 3: could happen quickly.
- 9:02Speaker 1: So yeah, what about trading against bitcoin right now, because
- 9:06Speaker 1: many people are trying to figure out what asset do
- 9:08Speaker 1: they go into in comparison to bitcoin right now? You
- 9:12Speaker 1: look at the amount of shorts that were liquidated just
- 9:14Speaker 1: in the past sixty minutes. I mean this was a
- 9:16Speaker 1: pretty significant amount. We'll probably see more starting to be
- 9:20Speaker 1: liquidated around forty one hundred. What about ethan Bitcoin trading
- 9:24Speaker 1: against each other.
- 9:27Speaker 3: It's it's been bullish, oh yeah, e versus Bitcoin. I
- 9:30Speaker 3: think it's kind of a no brainer to go into
- 9:32Speaker 3: ethereum right now. It's kind of you've seen, you know,
- 9:35Speaker 3: the first macro thing is you had this nice bottom
- 9:37Speaker 3: here in the the monthly here that was in May,
- 9:40Speaker 3: and you've been upward ever since. You know, similar trajectories,
- 9:44Speaker 3: same bottom, similar area that we saw in twenty eighteen.
- 9:46Speaker 3: So in all likelihood, you should be able to perform
- 9:49Speaker 3: Bitcoin into a few more months by at least sixty
- 9:52Speaker 3: percent here I see here, so you know, another techno
- 9:56Speaker 3: target here out of this place, breaking upward would bring
- 9:59Speaker 3: you a least up to point oh four here, which
- 10:01Speaker 3: would be another thirty six percent upward. I think ETH
- 10:04Speaker 3: will perform bigcoin at least until October or probably into
- 10:08Speaker 3: the end of the year. So very bullish on this evaluation.
- 10:11Speaker 3: I think it's kind of a no brainer right now
- 10:12Speaker 3: that ETH will continue to do better against Bigwin, especially
- 10:15Speaker 3: with monetary policy and your see first rate cuts coming.
- 10:18Speaker 1: Back, yeah, September. I'm guessing rate cuts for sure, based
- 10:22Speaker 1: on our job situation. We're going to get into that
- 10:25Speaker 1: real quick. But before I go into a clip from Trump,
- 10:28Speaker 1: you look at the trade in the market right now,
- 10:32Speaker 1: whether that would be ETH or XRP. Someone's jumping into
- 10:36Speaker 1: the market, maybe they're watching the show for the first time,
- 10:38Speaker 1: which if you're not subscribed, make sure and subscribe right now.
- 10:42Speaker 1: Would you play the XRP card or would you play
- 10:45Speaker 1: the ETH card today?
- 10:49Speaker 3: I mean it's if you think we're going to see
- 10:52Speaker 3: an all coin season, like an official all coin season
- 10:55Speaker 3: that we haven't seen since twenty twenty one, the answer
- 10:58Speaker 3: would be XRP. I think that you may have to
- 11:03Speaker 3: wait to see XRP outperform ETH for a few more weeks,
- 11:07Speaker 3: maybe officially wait till September even for that monetary policy.
- 11:11Speaker 3: But if you look at Ethereum versus other now I
- 11:15Speaker 3: have it right here. It topped out in the first
- 11:19Speaker 3: cycle August to twenty one, so we're almost there. So
- 11:22Speaker 3: if you want to play that card, I mean, potentially
- 11:25Speaker 3: it could be it could be an XRP thing. If
- 11:28Speaker 3: you look at XRP versus so XRP versus Eth, though
- 11:32Speaker 3: that's a little bit you're rejecting. From that point so
- 11:35Speaker 3: it's tough to say. I do think that XRP will
- 11:38Speaker 3: bleed a little bit more against eth, maybe for another
- 11:40Speaker 3: few weeks, maybe for a month. So yeah.
- 11:42Speaker 1: One thing though, to consider is the macro effect, because
- 11:46Speaker 1: there's many people that are looking at the jobs data,
- 11:49Speaker 1: We're looking at the rate cut potential. This is all
- 11:51Speaker 1: going to affect real estate. Then you're getting into a
- 11:54Speaker 1: global macro effect with the ECB as well as you
- 11:58Speaker 1: know banks around the world and cut rates. I want
- 12:01Speaker 1: to play a clip for you because this is Trump
- 12:03Speaker 1: on the jobs data. This will I don't know if
- 12:06Speaker 1: you guys will understand completely. I'll explain in a minute.
- 12:08Speaker 1: But take a look at this.
- 12:09Speaker 5: I saw this today.
- 12:12Speaker 6: I'd like to esteem maybe to discuss a few of
- 12:15Speaker 6: these numbers that were just released.
- 12:17Speaker 5: I mean literally just released.
- 12:19Speaker 6: I called the President because I had some very good
- 12:21Speaker 6: news from some new data that we've been able to
- 12:24Speaker 6: put together. He did the right thing in calling for
- 12:27Speaker 6: a new head of the Bureau of Labor Statistics. That's
- 12:30Speaker 6: a gigantic error.
- 12:31Speaker 5: I don't think it's an error. I think they did
- 12:32Speaker 5: it purposely.
- 12:33Speaker 3: You may well be right.
- 12:36Speaker 6: We have access to some data that no one else
- 12:39Speaker 6: does and this is based on unpublished Census Bureau data
- 12:42Speaker 6: is already up and seventy four dollars.
- 12:46Speaker 5: That's an incredible number just came out. And if I
- 12:49Speaker 5: would have said this, nobody would.
- 12:50Speaker 6: Have believed there is there's your number, and that compares
- 12:54Speaker 6: with Joe Biden. So, mister President, you gained ten times
- 12:58Speaker 6: more income for the average family than Joe Biden. Is
- 13:00Speaker 6: because of your policies.
- 13:02Speaker 7: If it had not been for COVID, these numbers would
- 13:04Speaker 7: have been substantially better. But now we were almost eight
- 13:07Speaker 7: thousand until look at that number. For the red is
- 13:10Speaker 7: President Trump, the blue was President Biden. It was President
- 13:13Speaker 7: Trump that reduced incoming quality.
- 13:15Speaker 5: These numbers just came out.
- 13:16Speaker 3: By the way, you.
- 13:17Speaker 6: Can see every income group did better under Trump than Biden.
- 13:21Speaker 3: That's the sort.
- 13:22Speaker 5: This is great, all new numbers.
- 13:37Speaker 1: Okay, guys, you know you can tell the kind of
- 13:40Speaker 1: editors here, right. But the point I'm getting at here
- 13:44Speaker 1: does this even matter anymore? Does this stuff even matter?
- 13:47Speaker 1: We're getting jumble data coming from all places, from the
- 13:52Speaker 1: bureaucrats that are out there running this thing.
- 13:54Speaker 2: Does it even matter?
- 13:55Speaker 1: Do you just need to stick our head down and
- 13:57Speaker 1: invest in digital assets, anything that you think is going
- 14:00Speaker 1: to hit the market here, Evan.
- 14:03Speaker 3: I don't know. I feel like watching that it makes
- 14:05Speaker 3: you want to get more. I think the unemployment's going higher,
- 14:09Speaker 3: which would make me think monetary policy is going to
- 14:11Speaker 3: print more money, which would be theoretically good for digital assets,
- 14:14Speaker 3: I think at this point, I mean, but the gig
- 14:16Speaker 3: economy and everything, unemployment numbers are kind of.
- 14:19Speaker 2: Just a little mushy at best. Yeah, yeah, a little
- 14:22Speaker 2: mushy at best.
- 14:23Speaker 1: Well, And I think that's the issue. Whether you believe
- 14:25Speaker 1: it or you don't believe it, one thing it is
- 14:27Speaker 1: going to affect, and that is how the Fed's going
- 14:29Speaker 1: to react, because if you look at what's happening on
- 14:31Speaker 1: Bank of England, they already cut three times in twenty
- 14:34Speaker 1: twenty five. Now they're are analysts calling for a fifty
- 14:37Speaker 1: basis points. I've been out there on Twitter talking about
- 14:40Speaker 1: that very same thing. I still believe July should have
- 14:42Speaker 1: been the cut, but it's too late for that. We
- 14:45Speaker 1: are now dealing with a situation. Do you think we're
- 14:49Speaker 1: going to see a quarter point or do you think
- 14:51Speaker 1: we'll cut in September?
- 14:52Speaker 2: Do you think we're going to.
- 14:53Speaker 3: Cut I'm a numbers guy. I would go with the
- 14:57Speaker 3: betting odds they're very high of at twenty five basis cuts,
- 15:01Speaker 3: so I think we would need something major to happen
- 15:04Speaker 3: to change that. So odds of them cutting I think
- 15:06Speaker 3: at least eighty ninety percent fifty basis points possible, but
- 15:11Speaker 3: I think we would need s and P. Five hundred
- 15:13Speaker 3: to really pull back in that amount of time, which
- 15:15Speaker 3: I don't think will happen.
- 15:18Speaker 1: Yeah, and I think that's the issue right now. This
- 15:22Speaker 1: is an interesting analysis on how the market might respond
- 15:26Speaker 1: to this, because even if we don't get cuts in September,
- 15:28Speaker 1: we get cuts that are maybe a little bit different.
- 15:31Speaker 2: The FED power.
- 15:33Speaker 1: Their power lies in the ability to control interest rates
- 15:35Speaker 1: as well as expanding and reduce the balance sheet.
- 15:37Speaker 2: Okay, no problem.
- 15:38Speaker 1: However, the main source of power simple is their ability
- 15:41Speaker 1: to provide guidance. And if we get into a scenario
- 15:44Speaker 1: where there is a shadow chair, meaning that there's a
- 15:48Speaker 1: positioning within the governors that will essentially eventually be the
- 15:53Speaker 1: ones who are going to cut for this administration, do
- 15:58Speaker 1: you think that the market is already pricing in this
- 16:02Speaker 1: phantom FED chair.
- 16:05Speaker 3: To a certain extent, Yes, but you don't know who
- 16:08Speaker 3: the FED chair is. Going to do exactly what everyone
- 16:11Speaker 3: thinks he's going to do. I mean, people thought Howell
- 16:14Speaker 3: would have cut rates a ton more by now, and
- 16:16Speaker 3: he hasn't. I mean, it's hard to predict exactly what
- 16:20Speaker 3: someone's need to do like that, So I think everything
- 16:22Speaker 3: gets factored into a certain extent, but there's always variables
- 16:25Speaker 3: and depending on how some in p. Five hundred does,
- 16:28Speaker 3: depending on inflation numbers, there's so many things moving parts.
- 16:31Speaker 1: So only yes, I think I'm on the sense that
- 16:34Speaker 1: the market is already pricing in some of these potential
- 16:38Speaker 1: cuts and that they're looking at the phantom fed chair.
- 16:41Speaker 1: As forward thinking is this is still going to be
- 16:44Speaker 1: a positive market going forward. But I am a little
- 16:47Speaker 1: bit skeptical as to whether or not we start to
- 16:50Speaker 1: see a market correction. And what I mean by that
- 16:53Speaker 1: is real estate considerably overpriced, even with the fact that
- 16:57Speaker 1: we have high interest rates. How that responds to or
- 17:00Speaker 1: interest rates will be interesting to watch, which could push
- 17:03Speaker 1: us into a different macroeconomic situation in twenty twenty six,
- 17:07Speaker 1: which will keep you guys.
- 17:09Speaker 2: Abreast of all that. Let's talk about Swee.
- 17:12Speaker 1: SWEE has gone Swiss bank grade level now, so they're
- 17:16Speaker 1: fully integrated into signums regulated banking platform. This is going
- 17:20Speaker 1: to be everything from custody, trading, staking, treasury services for
- 17:25Speaker 1: institutional clients. All this now big deal for the Sweet network.
- 17:30Speaker 1: When you look at SWEE right now, because it's been
- 17:33Speaker 1: trading up and it's one of our picks, has been
- 17:34Speaker 1: for quite some time, would you go into suite right
- 17:38Speaker 1: now or would you let it run?
- 17:42Speaker 3: Yeah? I mean if I already own SWEE at this point,
- 17:46Speaker 3: I would pray just keep it as a whole, because
- 17:48Speaker 3: I'm looking for these higher numbers. I mean, it's been
- 17:51Speaker 3: how much I had. It looks really good right now.
- 17:53Speaker 3: So if I had a small, very small position, maybe
- 17:55Speaker 3: I would definitely add a little bit to it. Reverse
- 17:57Speaker 3: head and shoulders, very traditional, would tell you that you've
- 18:01Speaker 3: got a good shot of hitting my eventual high target
- 18:03Speaker 3: at seven dollars fifty cents, so a little under a
- 18:07Speaker 3: double at least. And I mean, if all goes well,
- 18:10Speaker 3: I could see this at ten dollars, I could see
- 18:12Speaker 3: this as a ten dollars coin. So yeah, I mean
- 18:14Speaker 3: looks really good. Overall. Macro looks good. A little consolidation here,
- 18:19Speaker 3: but I think you should generally be bullish. So yeah, all.
- 18:22Speaker 1: Right, all right, well good, I like it bullish on suite.
- 18:26Speaker 1: Do you like a price point by end of year?
- 18:29Speaker 3: The ten dollars is seven to ten dollars, Yeah, this
- 18:32Speaker 3: is seven dollars. I think is very likely ten dollars.
- 18:35Speaker 3: You'd need everything to kind of go over there.
- 18:37Speaker 2: Yeah, come into play.
- 18:40Speaker 1: Well, they've got a lot of announcements that they're going
- 18:42Speaker 1: to be coming up. We're going to have a Suite
- 18:44Speaker 1: and Missed in Labs team on I think next week
- 18:48Speaker 1: to talk about, you know, some of the advancements. So
- 18:49Speaker 1: hopefully we'll be able to break that out for you
- 18:51Speaker 1: guys to give you guys some insights on what's going
- 18:53Speaker 1: on on that platform.
- 18:55Speaker 2: Hey, listen, we put.
- 18:56Speaker 1: Together Evan and I put together a all coin portfolio,
- 19:00Speaker 1: and this was something that we decided to do and
- 19:03Speaker 1: I said, Evan, I'm gonna bet on you, and I said,
- 19:06Speaker 1: I'll put one hundred thousand into this portfolio.
- 19:10Speaker 2: This is what we built.
- 19:12Speaker 1: So we went back and forth on quite a few
- 19:15Speaker 1: but primarily this is where we are right now. The
- 19:17Speaker 1: whole portfolio is up around three point eight percent right
- 19:21Speaker 1: now in the twenty four But I'm going to go
- 19:23Speaker 1: into some of these your position right now, twenty percent
- 19:27Speaker 1: holding on Ethereum is our lead dog. Then, of course
- 19:31Speaker 1: we have Solana Arbitram, and I want you to tell
- 19:34Speaker 1: me which one of these you want to chart. So
- 19:36Speaker 1: I've got Solana Arbitram Injective Avalanche, which we also put
- 19:40Speaker 1: in this, and I'll show you guys the blend in
- 19:42Speaker 1: the portfolio here in a second. Then we go to
- 19:44Speaker 1: Tao link Ave Jupiter, which was a conversation Evan and
- 19:49Speaker 1: I had about that Pudgie Penguins, which I added to
- 19:52Speaker 1: the portfolio.
- 19:53Speaker 2: Evan did not call that one.
- 19:54Speaker 1: So if it, if it tanks, it's my fault. Uniswap
- 19:58Speaker 1: hadera car donno ono Swie. And then near in Chronos. Okay,
- 20:05Speaker 1: we've got Chronos in there as well. So this is
- 20:06Speaker 1: the portfolio as it is right now. We may add
- 20:09Speaker 1: to this. I'm going to see how it does in
- 20:11Speaker 1: a minute, and then I may go take a loan
- 20:14Speaker 1: out on my bitcoin and put it into this portfolio
- 20:18Speaker 1: right here. So Evan, out of those right now, our performer,
- 20:22Speaker 1: of course is e th right now, that's the top dog.
- 20:26Speaker 2: If we look at.
- 20:26Speaker 1: Our percentages right here, just give you guys, I'll zoom
- 20:29Speaker 1: in on that for you, and you can kind of
- 20:31Speaker 1: see there's our mix twenty percent on e Salona's holding
- 20:34Speaker 1: it about eight and a half arbitrum injective avalanche. We're
- 20:40Speaker 1: sharing this again, this is not financial advice, guys. This
- 20:43Speaker 1: is what Evan and I do. We kind of work
- 20:46Speaker 1: on this thing together. But we're going to see how
- 20:49Speaker 1: this plays out in all coin season. We may add
- 20:51Speaker 1: some to it. What do you want to chart out
- 20:53Speaker 1: of this list?
- 20:55Speaker 3: Oh Man, Evacs, Shane Link or the two that great
- 20:59Speaker 3: Shaine Link. If we break up ord on chain Link,
- 21:02Speaker 3: which I think we are our next target for this
- 21:05Speaker 3: double bottom here, would bring us all the way back
- 21:08Speaker 3: up to thirty dollars. I think chain Link's at least
- 21:10Speaker 3: a thirty dollars coin. If you could break them up there,
- 21:13Speaker 3: then you're kind of up with all time highs up
- 21:15Speaker 3: to fifty dollars. Then towards the end of year eighty dollars.
- 21:18Speaker 3: Macro looks really good. So my main guest here, my
- 21:21Speaker 3: main view is that educated guests, I should say something
- 21:26Speaker 3: along these lines, and it could be very quickly. I'm
- 21:29Speaker 3: looking at fifty bucks like a two to three two
- 21:32Speaker 3: to three x at least if things go really well
- 21:34Speaker 3: at eighty dollars. You know, I want to show you
- 21:37Speaker 3: Avax real quick too. This one I think is easily
- 21:39Speaker 3: a thirty dollars coint as well in the portfolio. So
- 21:42Speaker 3: you know, a lot of potential for both of these
- 21:44Speaker 3: right here.
- 21:45Speaker 1: So yeah, all right, and Evan, if Chanelink hits fifty,
- 21:49Speaker 1: are we selling it?
- 21:52Speaker 3: It depends what month it's in October maybe if it's
- 21:57Speaker 3: next week.
- 21:57Speaker 1: No, okay, So we're going to be doing this portfolio
- 22:01Speaker 1: as we go, and we'll announce our sales here on
- 22:04Speaker 1: the show what we're doing. If we can do it,
- 22:07Speaker 1: we may do it in the week. Sometimes Evan's not
- 22:09Speaker 1: on here till the end of the week, you know,
- 22:12Speaker 1: for market position, we may do that in the in
- 22:15Speaker 1: the middle of the week. Again, this is not financial advice. No,
- 22:17Speaker 1: we're not telling you to go out and buy these
- 22:18Speaker 1: all coins. Okay, this is absolutely not doing it. In fact,
- 22:21Speaker 1: you will get wrecked if you do this.
- 22:24Speaker 2: I'm willing to lose this.
- 22:25Speaker 1: This is my this is my bet on all dough
- 22:28Speaker 1: as my one of my guys I trust out there
- 22:31Speaker 1: when it comes to trading.
- 22:32Speaker 3: All Colly, I don't think you're of course.
- 22:36Speaker 1: Yeah, of course, anything can happen. This is an investment
- 22:39Speaker 1: that could go. All right, guys, there you heard it.
- 22:42Speaker 1: We're gonna break it all down for you if you're not.
- 22:44Speaker 1: First of all, if you haven't visited Evan's channel, go
- 22:47Speaker 1: over there Evan aldough Over on YouTube over twenty thousand.
- 22:51Speaker 2: We have done it. He is there. We are going.
- 22:54Speaker 2: We're going to our next level. All right.
- 22:56Speaker 1: We need twenty one thousand, so we're not asking for
- 22:58Speaker 1: a lot, guys, we just need another eight hundred subscribers
- 23:01Speaker 1: right here, right now.
- 23:02Speaker 2: Thanks again for coming in, Evan. It's been great seeing you.
- 23:04Speaker 3: Take care, Thanks so much. Paul always an honor. Thank
- 23:07Speaker 3: you so much.
- 23:07Speaker 2: You bet all right.
- 23:08Speaker 1: So you guys, if you're not in the Diamond Circle,
- 23:10Speaker 1: get into that right now. It's our own private group.
- 23:12Speaker 1: It's an email that we send out to you, has
- 23:14Speaker 1: more research, a lot of that. And also you can
- 23:16Speaker 1: join our telegram group. We leave a link always down there.
- 23:19Speaker 1: There's only one, so don't get scammed. And I think
- 23:21Speaker 1: there's all kinds of different ones. There's one telegram group.
- 23:25Speaker 1: And of course follow me on x at Paul Baron.
- 23:26Speaker 1: I'll catch you next time right here on the Paul
- 23:28Speaker 1: Baron Show thanks,