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XRP BREAKS $1 as Cracks Begins To Show 📉 Make or Break Zone 🔥 · The Paul Barron Crypto Show

• 0:00
  Speaker 1: XRP about to break a dollar today.
• 0:01
  Speaker 2: We're going to be breaking this down to give you
• 0:03
  Speaker 2: a little bit of an insight of where this may
• 0:05
  Speaker 2: be happening and why, and let's.
• 0:07
  Speaker 1: Just get right into it.
• 0:08
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• 0:43
  Speaker 1: Let's go take a look.
• 0:44
  Speaker 2: At the chart, because if you look at XRP right now,
• 0:46
  Speaker 2: I am looking at the weekly and this is the
• 0:49
  Speaker 2: area in which I think we are at a point
• 0:52
  Speaker 2: of no return either XRP is going to get a
• 0:56
  Speaker 2: bounce here, and I had garethon last week. He seems
• 0:58
  Speaker 2: to think a little bit more bullets on this. However,
• 1:01
  Speaker 2: if this does break the dollar, I think this is
• 1:04
  Speaker 2: where you have to look at a possible exit. Maybe
• 1:07
  Speaker 2: around ninety six ninety seven is that the number that
• 1:09
  Speaker 2: would continue to push your faith on XRP. Let's go
• 1:13
  Speaker 2: to good news right here. This of course gets into gmbank. This,
• 1:16
  Speaker 2: of course is one of the first regional banks in
• 1:19
  Speaker 2: Korea now deploying ripple payments. This will go into cross
• 1:22
  Speaker 2: border remittances, settling, transfers, et cetera. All of this is
• 1:25
  Speaker 2: going to be available and it's going to happen now.
• 1:28
  Speaker 1: The question will be.
• 1:29
  Speaker 2: Is can they get real uptake here Korea South Korea
• 1:32
  Speaker 2: being one of the biggest holders of XARP in general.
• 1:35
  Speaker 2: When you look at number of payments though, this is
• 1:38
  Speaker 2: where it gets interesting. Number of payments from one account
• 1:41
  Speaker 2: to another has been declining over the last year.
• 1:45
  Speaker 1: And if you look.
• 1:46
  Speaker 2: At further into this x OR payment volume from one
• 1:49
  Speaker 2: account to another also falling significantly. So these two signals
• 1:55
  Speaker 2: start to push into two metrics. You should be tracking
• 1:59
  Speaker 2: more distantly. You guys can jump over to XRP scan
• 2:02
  Speaker 2: to do that. If you go over to DeFi Lama
• 2:04
  Speaker 2: and look at dex volume also falling and total volume
• 2:08
  Speaker 2: locked also falling or continuing to fall.
• 2:12
  Speaker 1: As we see this in comparison to what's going on.
• 2:15
  Speaker 2: With RWA's So let's jump over to and take a
• 2:18
  Speaker 2: look at our LUSD on the RWA league table. You
• 2:21
  Speaker 2: can kind of see this right here XRP ledger appears
• 2:24
  Speaker 2: to have most of the transaction activity and ethereum coming
• 2:28
  Speaker 2: in right underneath it. However, when you look at trying
• 2:32
  Speaker 2: to trace this down, it does not appear that that
• 2:35
  Speaker 2: is the case. So the way that we trace this
• 2:37
  Speaker 2: down is just looking at Visa stablecoin transactions, and this
• 2:41
  Speaker 2: of course is ur l USD trading on ethereum, and
• 2:45
  Speaker 2: even now in August of this year, not even complete
• 2:48
  Speaker 2: month here, but if you even go back here into
• 2:51
  Speaker 2: last month, it was at four hund and fifty seven million.
• 2:53
  Speaker 2: Right here we're midmonth and hovering around three hundred and
• 2:56
  Speaker 2: twelve million.
• 2:57
  Speaker 1: This is on ethereum ur l USD.
• 2:58
  Speaker 2: So you look at that and then over here on
• 3:01
  Speaker 2: decks if you look at roos and XRP only right now,
• 3:05
  Speaker 2: transactions volume of about one point five million and only
• 3:08
  Speaker 2: two hundred and thirty three traders, So I don't see
• 3:11
  Speaker 2: that happening on the ledger that along with other things
• 3:14
  Speaker 2: that are happening in the market. You look at Ripple
• 3:17
  Speaker 2: restoring XRP Ledger after a sixty four minute outage. This
• 3:20
  Speaker 2: course happened back in February of twenty twenty five.
• 3:23
  Speaker 1: But now let's take a look at this.
• 3:24
  Speaker 2: XRP Ledger's latest version faces multiple technical issues, and this,
• 3:29
  Speaker 2: of course is post launched.
• 3:30
  Speaker 1: This happened in June of this year.
• 3:32
  Speaker 2: Here's another one right here, This one happened on August second,
• 3:34
  Speaker 2: Ripple pushing another Ledger note upgrade. Then you've got XRP
• 3:38
  Speaker 2: bridge that was drained for two hundred thousand. This was
• 3:41
  Speaker 2: after software mistook fake deposits as real ones. Then, of
• 3:45
  Speaker 2: course Axelar launches on Soul. So Soul is now live
• 3:49
  Speaker 2: on the XRP Ledger, and you would think this is
• 3:52
  Speaker 2: going to be a big deal. Now, granted it's very
• 3:54
  Speaker 2: early for this to take place, but if you look
• 3:56
  Speaker 2: at the actual transactions over an XP market and you
• 3:59
  Speaker 2: just go in and try to sell ten thousand in
• 4:02
  Speaker 2: URLUSD just not there right there, the amount would be
• 4:05
  Speaker 2: minus sixty nine percent right there, you'd only retain about
• 4:08
  Speaker 2: three K and soul.
• 4:09
  Speaker 1: So this tells me activity is very low, if any.
• 4:13
  Speaker 2: So when you consider bridges as really the exposure, XRP
• 4:18
  Speaker 2: only has two and that's going to be Flair and
• 4:20
  Speaker 2: of course axel are And these are the issues that
• 4:23
  Speaker 2: we're facing, and I think that the community is going
• 4:25
  Speaker 2: to be facing right now.
• 4:26
  Speaker 1: All right, so let's take a look at the ETF.
• 4:28
  Speaker 2: So when you look at ETFs right now, this is
• 4:30
  Speaker 2: the breakdown one point four billion versus one point eight
• 4:33
  Speaker 2: on Solana. And this is the question is why is
• 4:36
  Speaker 2: Salana having a higher percentage? And when you take a
• 4:39
  Speaker 2: look at Bitwise's crypto leader board, this is the constituents
• 4:43
  Speaker 2: of the bitwise ten large cap Crypto index from twenty
• 4:47
  Speaker 2: nineteen to present and how long they've stayed in the
• 4:49
  Speaker 2: top ten. Bitcoin and course holds in there, Ethereum holds
• 4:54
  Speaker 2: in there, Solana holding in there.
• 4:57
  Speaker 1: As well as one of the longer.
• 4:58
  Speaker 2: Runs, and then XRP somewhat newer starting in twenty twenty three,
• 5:04
  Speaker 2: so this could get bumped out of the top ten
• 5:07
  Speaker 2: quickly out of even bit wise. So look at that,
• 5:11
  Speaker 2: and then you look at this right here, and that
• 5:13
  Speaker 2: is Standard Charter. They cut their XRP target by sixty
• 5:16
  Speaker 2: five percent the bank slash to twenty twenty six XRP
• 5:20
  Speaker 2: forecast up to two eighty down from that. So I've
• 5:23
  Speaker 2: got a clip here I want to explain because this
• 5:26
  Speaker 2: was actually the interview that we had with Standard Charter,
• 5:28
  Speaker 2: and this is their reasons why they actually downgraded it.
• 5:32
  Speaker 1: Take a look.
• 5:34
  Speaker 2: There was another price target that you guys put out,
• 5:37
  Speaker 2: and this was in reference to XRP. You had slashed
• 5:40
  Speaker 2: your twenty twenty six XRP target from eight bucks down
• 5:44
  Speaker 2: to two eighty.
• 5:46
  Speaker 3: Why at some safe we want to have either a
• 5:48
  Speaker 3: change in how the value is passed through to tokenholders
• 5:51
  Speaker 3: and or possibly even just more communication around how the
• 5:57
  Speaker 3: value passes through would also be helpful, something that the
• 6:00
  Speaker 3: smaller uniswaps ANDAs and MorphOS have not really had to do.
• 6:04
  Speaker 3: They've just had to turn on the switches or not
• 6:07
  Speaker 3: at various times. So a little bit simple, simpler business model,
• 6:10
  Speaker 3: I guess for those.
• 6:11
  Speaker 2: Yeah, for sure, all right, So what he was talking
• 6:14
  Speaker 2: about was the communications side of things and if you
• 6:17
  Speaker 2: guys go over to Ripple's own Q one twenty twenty
• 6:21
  Speaker 2: five XRP Markets report.
• 6:24
  Speaker 1: This was something that has been out there before.
• 6:26
  Speaker 2: I think we've even probably talked about this, but after
• 6:29
  Speaker 2: careful consideration, Ripple made the decision to sunset the report
• 6:33
  Speaker 2: and it's that's in its current form starting Q two
• 6:36
  Speaker 2: twenty twenty five. Now let's look at that, because there
• 6:39
  Speaker 2: are some points behind this that you have to consider,
• 6:42
  Speaker 2: because this is basically explained to you in all of
• 6:45
  Speaker 2: the market how they were going, and that's exactly what
• 6:47
  Speaker 2: standard Charter was talking about.
• 6:49
  Speaker 1: So let's go to the most recent data right here.
• 6:52
  Speaker 1: This is a couple of weeks back XRP.
• 6:55
  Speaker 2: Ripple ended up locking another seven hundred million of XRP
• 6:59
  Speaker 2: back into as grow after it released the standard one billion,
• 7:03
  Speaker 2: and then they cut the net new supply to just
• 7:06
  Speaker 2: three hundred million in tokens. All right, So with that
• 7:09
  Speaker 2: three hundred million, you wonder where that's going to be going.
• 7:13
  Speaker 1: So let's take a look at the stable.
• 7:14
  Speaker 2: Coin market cap for XRP RLUSD on XRP Ledger and
• 7:19
  Speaker 2: on ethereum. You can kind of see the volume we've
• 7:22
  Speaker 2: shown here, but if you go back into the August timeframe,
• 7:26
  Speaker 2: there is an eerie movement from around one point four
• 7:31
  Speaker 2: billion right there to one point seven billion, And of
• 7:34
  Speaker 2: course that's the point that I'm getting at, is that
• 7:36
  Speaker 2: three hundred million is this going back into RLUSD. That
• 7:40
  Speaker 2: is a concern that I think has to be addressed,
• 7:43
  Speaker 2: and it might be the issue that Standard Charter was
• 7:45
  Speaker 2: looking at in terms of transparency coming out of Ripple
• 7:49
  Speaker 2: of how to deal with this. Just as a reminder,
• 7:52
  Speaker 2: this was the period in which this flat line right
• 7:55
  Speaker 2: here was when they stopped reporting on the market updates.
• 7:59
  Speaker 2: So it's just why do it then? Why go into that?
• 8:02
  Speaker 2: I understand maybe there's many of you that will argue
• 8:05
  Speaker 2: the SEC issues, there's all sorts of but all that's over,
• 8:09
  Speaker 2: you know, this would be a time I would look
• 8:11
  Speaker 2: at to be totally transparent with the industry, totally transparent
• 8:14
  Speaker 2: with investors, and really get into understanding kind of the
• 8:18
  Speaker 2: future of what Ripple is really trying to do as
• 8:21
  Speaker 2: a whole. Let's go, let's kind of end it with
• 8:23
  Speaker 2: this right here. And that's in reference to clarity, because
• 8:26
  Speaker 2: whether you Trump's going to be in the meeting there
• 8:28
  Speaker 2: this week with Brad garling House and along with other
• 8:32
  Speaker 2: crypto leaders. But I think the point is is that
• 8:35
  Speaker 2: Ripple put a lot of money into Clarity.
• 8:37
  Speaker 1: If it doesn't go through.
• 8:39
  Speaker 2: You know, it was basically a waste of those funds,
• 8:42
  Speaker 2: and I get it you have to kind of defend
• 8:44
  Speaker 2: the market. But if it does go through, maybe this
• 8:46
  Speaker 2: thing of course changes everything going forward for Ripple. So
• 8:50
  Speaker 2: when you look at the chart, this is the thing
• 8:51
  Speaker 2: that concerns me. This is the weekly right here, hovering
• 8:55
  Speaker 2: right now around a dollar, and I think that ninety
• 8:57
  Speaker 2: six to a dollar range is the point of no return,
• 9:01
  Speaker 2: as this starts to near an area where you may
• 9:04
  Speaker 2: see civil war, and that's everything from XRP, Ledger builders
• 9:07
  Speaker 2: to note operators, all of that, because it could retrace
• 9:11
  Speaker 2: back down to the issue that really was more Postgensler,
• 9:15
  Speaker 2: a whole different situation panting out right now. If you
• 9:25
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• 9:31
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