Latest / The Paul Barron Crypto Show / Rate Cuts Coming!🚨PREPARE For Rally!🚀Crypto Technical Analysis️ with Evan Aldo

Transcript

Rate Cuts Coming!🚨PREPARE For Rally!🚀Crypto Technical Analysis️ with Evan Aldo · The Paul Barron Crypto Show

0:08
Speaker 1: All right, so welcome into the livestream today. Mister Palell
0:11
Speaker 1: came out with something I think a lot of people
0:13
Speaker 1: were expecting, and that is a ray cut. We'll break
0:15
Speaker 1: it all down for you guys today, including a ton
0:17
Speaker 1: of alt coins. You do not want to miss it.
0:20
Speaker 1: My name is Paul Barren, Welcome back in the tech path.
0:22
Speaker 1: Joining me as usual.
0:23
Speaker 2: Is mister Evan.
0:24
Speaker 3: Great to be on.
0:25
Speaker 2: Thank So we're going to.
0:26
Speaker 1: Get into a lot of stuff today. I do want
0:27
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Speaker 2: Use our link down below.
0:51
Speaker 1: So everybody, we're gonna be going live here, of course,
0:55
Speaker 1: I will say this here Miami, we're having some torrential
0:57
Speaker 1: down pores right now.
0:59
Speaker 2: We're getting ready to enter our hurricane season.
1:01
Speaker 1: I feel like so if we lose internet, we'll try
1:03
Speaker 1: to get something up for you, but let's get into
1:05
Speaker 1: it today. I want to talk about a few things,
1:08
Speaker 1: and of course one of the biggest issues is Chair
1:10
Speaker 1: Pale coming in saying we've got we've got a rate
1:14
Speaker 1: cut coming. So time has come for FED policy to adjust.
1:17
Speaker 1: Were you surprised at this? No, this is like a
1:20
Speaker 1: twenty five is pretty much the expectation. There are some
1:23
Speaker 1: people kind of leaning into some other scenarios, but right
1:27
Speaker 1: here is the story. We are seeing declining inflation with
1:31
Speaker 1: trueflation holding at one point three eight continuing to drive down.
1:35
Speaker 1: I'm interested in how CPI is gonna look thirty days
1:38
Speaker 1: from now. Do you feel that we get even Do
1:42
Speaker 1: you think we're gonna get under the three percent mark
1:44
Speaker 1: by then? Within thirty to sixty days most likely?
1:47
Speaker 3: Yeah, if I had a guess, yes, And I think
1:48
Speaker 3: that's kind of what's already expected. So I don't think
1:51
Speaker 3: that's gonna, you know, drive market somep like crazy.
1:53
Speaker 1: So you're not really anticipating any kind of bump, like
1:56
Speaker 1: a retrace up back up.
1:58
Speaker 3: Well, I think markets will keep going up, but I
2:00
Speaker 3: don't think that's it's going to be kind of the
2:02
Speaker 3: inflation drive. Yeah, I don't think it's going to be
2:04
Speaker 3: necessarily that kind of right.
2:06
Speaker 1: I want to play the clip of chair pal talking
2:08
Speaker 1: about this.
2:09
Speaker 2: Let's go to that clip.
2:10
Speaker 3: Real quick.
2:12
Speaker 4: Inflation brought substantial, substantial hardship, especially for those least able
2:16
Speaker 4: to meet the higher costs of essentials like food, housing,
2:20
Speaker 4: and transportation. High inflation triggered stress in a sense of
2:25
Speaker 4: unfairness that linger today. Inflation is now much closer to
2:29
Speaker 4: our objective, with prices having risen two point five percent
2:32
Speaker 4: over the past twelve months. After a pause earlier this year,
2:37
Speaker 4: progress toward our two percent objective has resumed. My confidence
2:41
Speaker 4: has grown that inflation is on a sustainable path back
2:44
Speaker 4: to two percent. Today, the labor market has cooled considerably
2:48
Speaker 4: from its formerly overheated state. The unemployment rate began to
2:53
Speaker 4: rise over a year ago and is now at four
2:55
Speaker 4: point three percent, still low by historical standards, but almost
2:59
Speaker 4: a full percentage point above its level in early twenty
3:03
Speaker 4: twenty three. Job gains remain solid, but have slowed this year.
3:09
Speaker 4: Job vacancies have fallen, and the ratio of vacancies to
3:12
Speaker 4: unemployment has returned to its pre pandemic range. The hiring
3:16
Speaker 4: and quits rates are now below the levels that prevailed
3:18
Speaker 4: in twenty eighteen and nineteen, nominal wage gains have moderated,
3:23
Speaker 4: and all told, labor market conditions are now less tight
3:27
Speaker 4: than just before the pandemic in twenty nineteen, a year
3:31
Speaker 4: when inflation ran below two percent. The time has come.
3:35
Speaker 3: For policy to adjust.
3:38
Speaker 4: The direction of travel is clear, and the timing and
3:40
Speaker 4: pace of rate cuts will depend on incoming data, the
3:44
Speaker 4: evolving outlook, and the balance of risks.
3:48
Speaker 2: All right, So there you heard it, Evan.
3:50
Speaker 1: You've got a couple of things playing into this, and
3:52
Speaker 1: one of the things I think that is a big
3:54
Speaker 1: factor is whether or not we see.
3:56
Speaker 2: Another one or two rate cuts before the end of
3:59
Speaker 2: the year.
3:59
Speaker 3: What are your thoughts, So, I think typically after you
4:01
Speaker 3: see the first ray cut, markets do come down a
4:03
Speaker 3: little bit after the first raycut, especially the SMP five hundred.
4:06
Speaker 3: I think if we correct down in October a little bit,
4:09
Speaker 3: that would leave for a second ray cut, especially if
4:12
Speaker 3: inflation numbers are good, like you mentioned, for second ray
4:15
Speaker 3: cut in November, and then potentially even a third ray
4:18
Speaker 3: cut in December, depending on how things look. So he
4:21
Speaker 3: does not sound hawkish, and I think, you know We're
4:23
Speaker 3: going to get back into the good old days and
4:25
Speaker 3: it'll help fuel a lot of these all coins into
4:28
Speaker 3: twenty twenty five.
4:29
Speaker 1: All right, So that's going to be the question is
4:31
Speaker 1: how does bitcoin play out through the end of the year.
4:35
Speaker 1: I do want to get into one more tweet right here,
4:38
Speaker 1: and this was from James Seifert hitting on markets aren't
4:41
Speaker 1: pricing in a fifty bibs for September just yet, So
4:45
Speaker 1: I mean he still has the potential to maybe go
4:48
Speaker 1: after a fifty again, it will probably depend on that
4:51
Speaker 1: jobs report coming prior to the FOMC, Meaning do you
4:55
Speaker 1: think there's any window at all for a fifty in September?
4:58
Speaker 3: We would need to see the SMP five come down significantly.
5:01
Speaker 3: I think a five percent correction at least from where
5:03
Speaker 3: we are.
5:04
Speaker 1: Yeah, And if you look at the S and P
5:06
Speaker 1: right now, I mean this has been growing significantly.
5:09
Speaker 2: This is on the daily.
5:10
Speaker 1: This is back here right on August, yeah, right there
5:15
Speaker 1: on August fifth to where we are today, still up
5:18
Speaker 1: eight percent.
5:18
Speaker 2: Man, that's coral most.
5:19
Speaker 3: All time highs too. I mean, if it's at all
5:21
Speaker 3: time highs, he's not cutting fifty bases in no way.
5:24
Speaker 1: I'm kind of in agreement with you. You look at
5:27
Speaker 1: a couple other things when you when you compare, we're
5:29
Speaker 1: going to look at bitcoin here in a second, and
5:31
Speaker 1: you kind of compare the potential for two or three
5:35
Speaker 1: rate cuts prior into how does bitcoin play out, let's
5:39
Speaker 1: say in the next one quarter, you know, into the year,
5:43
Speaker 1: into the ara.
5:43
Speaker 3: So what I think will happen is right now, I
5:46
Speaker 3: think we're generally as what happens is we pump into
5:48
Speaker 3: the first rate cut. Generally you're getting a trigger wave
5:51
Speaker 3: on the weekly that looks really good. You're getting some
5:53
Speaker 3: other good signs here. You have a green hike and
5:55
Speaker 3: ashy candle popping up on your four day as what.
5:58
Speaker 3: In addition, you have a a nice polish divergence kind
6:02
Speaker 3: of I mean, yeah, nice polish divergence on your four
6:04
Speaker 3: day right here, which I think should at least get you,
6:08
Speaker 3: you know, combined with everything else daily moneyflow coming up here,
6:10
Speaker 3: everything looks beautiful for the bulsh case. Pray at least
6:13
Speaker 3: get you up to the higher sixties. This is where
6:16
Speaker 3: I could see end a month early next month around
6:19
Speaker 3: that seventy k area. But that's where it gets a
6:21
Speaker 3: little bit tricky because we get up to that seventy
6:23
Speaker 3: K area around raycuts. Most likely you would come down
6:27
Speaker 3: a little bit after the first ray cut. We'll see
6:29
Speaker 3: how employment numbers look too. That could be something that
6:31
Speaker 3: brings us down. And when you look at the four
6:33
Speaker 3: year cycle as well, usually we don't make a true
6:35
Speaker 3: new all time high. We haven't made a true new
6:37
Speaker 3: all time hig adjusted for inflation yet. We needed seventy
6:39
Speaker 3: five K for that. Usually you don't hit that until
6:42
Speaker 3: later this year or early next year in the four
6:44
Speaker 3: year cycle. So say you come back down to retest
6:47
Speaker 3: high fifties here after that first ray cut or around
6:50
Speaker 3: that time of that in September, and then into you know,
6:53
Speaker 3: bounce around here or whatever boring area like that or something,
6:56
Speaker 3: and then into let's say October or something, you come
7:00
Speaker 3: back up to, you know, just around those all time
7:03
Speaker 3: high areas for the election, bounce around a little bit,
7:06
Speaker 3: and then here's where you start to really go good,
7:09
Speaker 3: you know more following I should spread this out a
7:11
Speaker 3: little bit more towards the end of the year. So
7:13
Speaker 3: I think we're generally going to be kind of range
7:15
Speaker 3: bound a little bit until the end of the year
7:16
Speaker 3: and then jump outward more. And what we could do
7:19
Speaker 3: is kind of compare this into what happened kind of
7:22
Speaker 3: last time. Look at that red dot right here where
7:24
Speaker 3: we came down in September of twenty twenty. We're approaching
7:27
Speaker 3: September right now. We're still getting the same fear that
7:29
Speaker 3: we got back here in the four cycle, which is
7:31
Speaker 3: crazy too. Even had that same fear in August and
7:33
Speaker 3: September of twenty sixteen as well. And then look at
7:36
Speaker 3: that all those red or excuse me, green candles. I
7:38
Speaker 3: think it's going to look more like this back in
7:41
Speaker 3: kind of twenty sixteen twenty seventeen, where it was more healthy.
7:44
Speaker 3: You had some corrections there, and if you look at
7:46
Speaker 3: this area August and September of twenty sixteen, more red,
7:50
Speaker 3: and then gradually see you had some side of his
7:52
Speaker 3: action towards you know, October September, and then you gradually
7:55
Speaker 3: came up. That's what I think will most likely happen.
7:57
Speaker 3: So I mean, eighty K and September probably not, but
8:01
Speaker 3: seventy K high sixties absolutely, and then maybe correcting back
8:04
Speaker 3: to fifty K and then eighty K into the end
8:07
Speaker 3: of the year or the next year is what I'm
8:08
Speaker 3: looking at.
8:08
Speaker 1: So do you feel that we're still soft in at
8:11
Speaker 1: least before the year. Year in, we're not going to
8:14
Speaker 1: see you know, a six digit bitcoin.
8:16
Speaker 3: I think it's highly unlikely that we see one hundred
8:18
Speaker 3: k before the end of the year.
8:19
Speaker 1: All Right, A couple of people looking at that range
8:21
Speaker 1: right now, eyeing the sixty five resistance level. Do you
8:24
Speaker 1: think that is one of the correction areas that we
8:27
Speaker 1: would probably see prior to whether it's another rate cut
8:31
Speaker 1: or maybe even going into the election, or do you
8:33
Speaker 1: feel like the election is going to be one of
8:35
Speaker 1: the trigger points after we get a rate cut in September, So.
8:38
Speaker 3: I think that the first rate cut would come down.
8:40
Speaker 3: So yeah, you mention sixty five, I think that's going
8:43
Speaker 3: to be a big place that we would kind of
8:44
Speaker 3: potentially reject from. You get to sixty five somewhere around here,
8:48
Speaker 3: like I mentioned, then come back down to that sixty k,
8:51
Speaker 3: maybe even scare a lot of people off and do
8:53
Speaker 3: something crazy after the first rate cut, retest fifty k,
8:56
Speaker 3: make a higher low. But yeah, you're gonna typically do
9:00
Speaker 3: come down a little bit after the first ray cut,
9:02
Speaker 3: as we've seen. You know, last time we had the
9:03
Speaker 3: first raycas was July twenty Eine teen S and P
9:05
Speaker 3: five hundred corrected about five percent. I would kind of
9:08
Speaker 3: guess that unless we're going to go into a major
9:10
Speaker 3: you know, recession and everything gets really ugly, which would
9:13
Speaker 3: be highly highly unlikely, I would guess you'd get a
9:15
Speaker 3: little blip with the S and P five hundred, Yeah,
9:17
Speaker 3: October a little bit, and then come back into the election.
9:20
Speaker 2: So yeah, I'm kind of in agreement with you right now.
9:22
Speaker 1: I still feel that the end of this year is
9:24
Speaker 1: still a little bit soft before, mainly because of the
9:26
Speaker 1: trailing macro numbers that could still come in and kind
9:29
Speaker 1: of haunt us slightly, which means you know that it
9:31
Speaker 1: would be maybe Q one before we start to see
9:34
Speaker 1: some all coin movement really getting active. You know that
9:36
Speaker 1: I think is the key. Yeah, make sure if you
9:39
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10:01
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10:05
Speaker 1: Let's go over to a couple of all coins. I
10:07
Speaker 1: want to start with Optimism. This is Ryan Watt. We've
10:13
Speaker 1: been heads down. I'm excited for all of us to
10:15
Speaker 1: welcome Sony to Optimism alongside Coinbase, another great companies.
10:19
Speaker 2: So a little bit of movement right now.
10:21
Speaker 1: And if you look at the movement when you think
10:23
Speaker 1: of Sonium and the kind of projects that are aligned
10:28
Speaker 1: up with this Sony. We've talked about this before on
10:30
Speaker 1: the show, that this is most likely going to happen.
10:32
Speaker 1: It has occurred, and we're going to start seeing a
10:35
Speaker 1: lot of these kind of tokens, especially the Astar network
10:38
Speaker 1: chain link. Optimism most likely get some pretty significant moves.
10:42
Speaker 1: Optimism as a play right now.
10:44
Speaker 2: What do you think?
10:45
Speaker 3: I like it because if you just zoom out here
10:47
Speaker 3: on the three day look at we keep generally making
10:50
Speaker 3: higher lows, kind of generally right here, especially from that
10:54
Speaker 3: bottom in Juno twenty three, you made a higher low,
10:57
Speaker 3: which is pretty good. I like that. When I look
10:59
Speaker 3: at market side year three day nice bullshtive moneyful coming up.
11:03
Speaker 3: That looks really good. This could easily bring us back
11:05
Speaker 3: up to two dollars, two dollars and twenty cents potentially,
11:09
Speaker 3: like I mentioned with bitcoin, I mean, I don't think
11:10
Speaker 3: we're gonna pump above that and hit like all time
11:12
Speaker 3: highs before the end of the year. Maybe we reject
11:15
Speaker 3: from two dollars two dollars to twenty five cents, come
11:17
Speaker 3: back down a bit retest you know, a dollar fifty,
11:20
Speaker 3: and then into November into end of year, that's where
11:23
Speaker 3: you really get up to that four dollars mark. And
11:25
Speaker 3: then if the best case scenario is you'd hope that
11:27
Speaker 3: we would make new all time highs and you may
11:29
Speaker 3: be looking at up to seven dollars if you make
11:33
Speaker 3: me all time highs like a nice what is that
11:34
Speaker 3: six x or something from where we are right now
11:36
Speaker 3: about three hundred percent could be even more. I mean
11:39
Speaker 3: it's a small market cap, but it's hard to say.
11:41
Speaker 3: But I mean the maximum at absolute maximum maybe like
11:45
Speaker 3: fourteen dollars would be crazy. Pray eleven dollars maximum.
11:47
Speaker 1: We're gonna try to do a video for you guys
11:49
Speaker 1: on optimism because there is a lot of news out
11:52
Speaker 1: on this, and there's some key dates that are rolling
11:55
Speaker 1: in on this, and I think with this, this could
11:56
Speaker 1: be one of the all coins that really starts to move.
12:00
Speaker 1: Is another one, of course, getting ready to become the
12:02
Speaker 1: Pole token. This will be available coming up on Coinbase.
12:05
Speaker 1: But if you're on Coinbase, here's Melker talking about it.
12:08
Speaker 1: If you're holding on Coinbase, you do not need to
12:09
Speaker 1: do anything. It's just going to shift over to the
12:12
Speaker 1: new token. You look at Polygon right now. This is
12:15
Speaker 1: one that both of us own.
12:18
Speaker 2: We hold.
12:20
Speaker 1: We've been in and out of Mattock for many reasons
12:22
Speaker 1: over the years, but you look at where it is
12:24
Speaker 1: right now.
12:25
Speaker 2: A lot of advancements.
12:27
Speaker 1: The team continues to work and now we're starting to
12:30
Speaker 1: see some tray signals when you look at the charts.
12:32
Speaker 1: Do you like this long term or is this more
12:34
Speaker 1: of a short term for.
12:35
Speaker 3: You both right now? But I mean you're going to
12:38
Speaker 3: get more long term most likely if the four year
12:40
Speaker 3: cycle does play out and the bull run peaks out
12:42
Speaker 3: in twenty twenty five. Now the thing I like just
12:45
Speaker 3: like optimism. Here. Look at this. We keep making higher lows,
12:48
Speaker 3: which is excellent. Yeah that low here March of twenty one,
12:50
Speaker 3: second low here June to twenty two, third low. Very
12:53
Speaker 3: recently August of this year. Now you're starting to come
12:56
Speaker 3: back green hiking ashi candle looking excellent right here. Now,
13:00
Speaker 3: I think you've got a good shot of at least
13:01
Speaker 3: getting up to around fifty eight to sixty cents. We'll
13:05
Speaker 3: see if we could break through that. I mean, you
13:07
Speaker 3: could even jump up to seventy five cents. That wouldn't
13:09
Speaker 3: be that crazy over the next few weeks until the
13:12
Speaker 3: first rate cut. Maybe you get up to seventy five cents.
13:15
Speaker 3: Maybe then you correct, you know, into until that second
13:18
Speaker 3: rate cut, and then you're kind of home free in
13:21
Speaker 3: twenty twenty five where you see that real bowl run.
13:23
Speaker 3: And then for a very long term prediction here what
13:26
Speaker 3: we could look at, let's just do a little fib
13:28
Speaker 3: level for some potential highs. I mean, you for a
13:32
Speaker 3: new all time high three dollars fifty cents on the
13:34
Speaker 3: high end, probably a ten x would be the high
13:37
Speaker 3: end of what I would what I would predict here.
13:39
Speaker 2: So you like this as a ten X token, I
13:41
Speaker 2: think there's a.
13:42
Speaker 3: Good shot at ten x. Obviously, you know, you may
13:44
Speaker 3: not even make a new all time high. It's hard
13:46
Speaker 3: to see on these, but I think there's a good
13:47
Speaker 3: shot of a ten x.
13:48
Speaker 1: Well it's going to going to continue to get a
13:49
Speaker 1: lot of activity with polymarket. Here's just the open interest
13:53
Speaker 1: on polymarket continuing to explode over here on doing analytics,
13:57
Speaker 1: you're kind of see this is just here recently a
14:00
Speaker 1: lot within what's happening in the political landscape.
14:03
Speaker 2: Poly market.
14:03
Speaker 1: If you guys have been, if you're brand new to
14:05
Speaker 1: our show, you probably don't know much about this, but
14:07
Speaker 1: it is a predictive market platform out there based on Polygon.
14:12
Speaker 1: So this is one that you probably should keep an
14:14
Speaker 1: eye on because it has been somewhat accurate to an extent,
14:18
Speaker 1: at least on the last little bit when you've got
14:20
Speaker 1: a lot of people in the race, because of course
14:22
Speaker 1: is the presidential election right now. Trump getting down a
14:27
Speaker 1: little bit, Harris is up. I mean, this is back
14:29
Speaker 1: and forth.
14:30
Speaker 3: I think this is going to stay generally fifty to
14:32
Speaker 3: fifty until the election. Yeah, that's something crazy happens.
14:34
Speaker 1: Yeah, all right, let's go over to Flow because this
14:36
Speaker 1: is getting ready to be a big deal. Flow launching
14:40
Speaker 1: some new technologies that could make gas fees on a
14:43
Speaker 1: lot of other networks.
14:45
Speaker 2: Pretty much insignificant.
14:46
Speaker 1: I think this is going to be one of those
14:47
Speaker 1: things with Flow that and they've been able to do
14:51
Speaker 1: this from a brand standpoint. You look at top shots,
14:53
Speaker 1: you look at the scenarios with Disney, and they're now
14:56
Speaker 1: starting to break out, especially with the expansion into these
14:59
Speaker 1: now works. Do you like Flow as an investment as
15:03
Speaker 1: right now?
15:03
Speaker 3: Yes?
15:04
Speaker 2: Would you get this one if you did not own
15:06
Speaker 2: it today? Would you buy it today?
15:08
Speaker 3: I would buy it today, But I mean I wouldn't
15:10
Speaker 3: just buy Flow, you know what I mean. You got
15:12
Speaker 3: to be diversified. You know, it's a very good bet,
15:14
Speaker 3: but it may not play out obviously, like any crypto.
15:17
Speaker 3: Now you're making a higher and low right here, you
15:20
Speaker 3: have a bullish divergence, you know, and you're weekly that
15:22
Speaker 3: looks excellent. That could easily, you know, that could be
15:24
Speaker 3: a rally up to I mean probably up to dollar forty.
15:28
Speaker 3: I mean, you do have some resistance obviously at a
15:30
Speaker 3: dollar that you know, may pull us back. Maybe we
15:33
Speaker 3: maybe just like I mean my trajectory, maybe we hit
15:35
Speaker 3: that area right there, that's that dollar point, then reject
15:39
Speaker 3: and make a higher low in November. Then that second
15:42
Speaker 3: rate cut brings us back up to this area, and
15:44
Speaker 3: then you're kind of home free to tom hopefully on
15:47
Speaker 3: the high end of what I would say, this could
15:48
Speaker 3: be another ten x coin to high end maybe five
15:51
Speaker 3: dollars seventy four cents. That's a fib level. You have
15:54
Speaker 3: a lot of resistance at three dollars. I mean, you
15:56
Speaker 3: may not make a new all time high, you know,
15:58
Speaker 3: if the bet the more barrissonary is out. But yeah,
16:01
Speaker 3: you could have a nice trajector here. Definitely.
16:02
Speaker 1: This is something that I think a lot of people
16:05
Speaker 1: do not do enough of, and that is you have
16:08
Speaker 1: to have if you have conviction on certain projects. And
16:11
Speaker 1: this goes for stocks, it goes for pretty much any
16:13
Speaker 1: kind of real estate. Once you find something that really
16:17
Speaker 1: you feel all right, this has a future and flow
16:19
Speaker 1: may be one of those top one of those projects
16:22
Speaker 1: being able to hold into those longer term analysis, especially
16:25
Speaker 1: around all coins, which.
16:26
Speaker 2: We've talked about before.
16:28
Speaker 1: Do you think all coin season is going to be
16:30
Speaker 1: a prolonged season. Do you feel that it's going to
16:32
Speaker 1: be a very short window.
16:34
Speaker 3: I think it's going to take you be a prolonged one,
16:37
Speaker 3: and I'll show you why on bitcoin dominance right here,
16:39
Speaker 3: this is interesting on bitcoin dominance. So all coins season
16:42
Speaker 3: last time basically essentially started the moment Bitcoin made a
16:46
Speaker 3: true new all time high, which was December of twenty
16:49
Speaker 3: twenty January twenty one right here, and look right where
16:52
Speaker 3: that that was when bitcoin went over twenty k and
16:55
Speaker 3: then you drop down and you kept dropping down for
16:57
Speaker 3: the bottom in basically January of twenty two there. So
17:00
Speaker 3: if we follow that, and it also happened in the
17:02
Speaker 3: last cycle before that as well, if we follow that,
17:04
Speaker 3: you're probably gonna see bitcoin dominance peak out at the latest,
17:09
Speaker 3: probably towards the end of this year or something, at
17:11
Speaker 3: sixty percent or something like that. And after that, you
17:14
Speaker 3: know that after the first ray cut, I don't think
17:16
Speaker 3: one rayco twenty five basis points is enough to really
17:19
Speaker 3: start an all coin season, but two of them I
17:21
Speaker 3: think could absolutely be enough. Two or three rate cuts
17:23
Speaker 3: and then you'll probably see a repeat of that situation,
17:27
Speaker 3: hopefully back down to this area. So I mean, if
17:29
Speaker 3: you're if you're looking at that, it was a full year.
17:32
Speaker 3: So I think twenty twenty five generally that's going to
17:34
Speaker 3: be the full year of the all coincit all right.
17:36
Speaker 2: So a lot happening there.
17:37
Speaker 1: Speaking of all coins, you have to look at one
17:39
Speaker 1: of the you know, one of the networks that's been
17:42
Speaker 1: around for quite some time.
17:43
Speaker 2: This is Tron. We've talked about it a little bit.
17:45
Speaker 1: Here's justin Sun talking with Noon or over there about
17:49
Speaker 1: the meme tokens, and this has been one of the
17:51
Speaker 1: things that you guys have followed. I think on our channel,
17:53
Speaker 1: you look at what's happened with the Salona ecosystem meme tokens,
17:56
Speaker 1: then you look at the meme tokens within the avalanche
17:59
Speaker 1: Go system. We've seen this even within meme tokens in
18:03
Speaker 1: the eth ecosystem.
18:04
Speaker 2: But now Tron, of course starting to play into this.
18:06
Speaker 1: Sun Wukong is one that we've been watching and its
18:10
Speaker 1: course it's been up just a little bit. If you're
18:12
Speaker 1: not following this, check it out, go over and kind
18:14
Speaker 1: of really get into the tront ecosystem.
18:18
Speaker 2: Do you like Tron right now?
18:20
Speaker 3: I do like Tron? Yeah, okay, it is. You know,
18:22
Speaker 3: it's one of those that's say, kind of like a
18:24
Speaker 3: Casper the you know, the few that have done very
18:26
Speaker 3: very well throughout this. I mean, you're you're still technically
18:28
Speaker 3: not above your all time high from January twenty eighteen,
18:30
Speaker 3: which I guess that's the scary part, because you know,
18:33
Speaker 3: you're above the high of April twenty one, you're starting
18:36
Speaker 3: not even above that, you're almost there. But if we
18:38
Speaker 3: could continue this path forward, and I think we most
18:40
Speaker 3: likely will, you know, along with the rest of the
18:42
Speaker 3: crypto market, you could see a jump up to around
18:44
Speaker 3: thirty four cents, and if you could break above that
18:47
Speaker 3: old all time high, you could see fifty four cents.
18:49
Speaker 3: Now that it may not be, you know, it's probably
18:53
Speaker 3: not going to be a ten x token, but two
18:55
Speaker 3: hundred percent, you know, into the next year potentially. I mean,
18:58
Speaker 3: there are you know, high targets we could even look
19:01
Speaker 3: at here, you know, for a long term prediction. I mean,
19:04
Speaker 3: on the highest absolute end, I mean, I if you
19:06
Speaker 3: want to talk about eight x or something, yeah, dollar
19:09
Speaker 3: twenty two, it'll be probably one of these areas, maybe
19:12
Speaker 3: ninety cents or somewhere around here. Probably in the low end,
19:14
Speaker 3: fifty four cents. I think you probably would make a
19:17
Speaker 3: new all time high unless something very bad happens with this.
19:20
Speaker 3: But as of right now, looks pretty good. My guess
19:23
Speaker 3: is that over the next you know, month, we could
19:26
Speaker 3: continue forward, maybe we could get up to that close
19:30
Speaker 3: to that old all time high, then reject, retest these points,
19:33
Speaker 3: get some volatility, some excitement for once and then continue
19:37
Speaker 3: into you know, continue forward.
19:40
Speaker 2: I'm looking at the con get go. This is in the.
19:43
Speaker 1: Category of the Tron memes, and of course our sun
19:46
Speaker 1: Dog right now up to sixty seven on the seven day.
19:49
Speaker 2: Mmm, that's crazy.
19:50
Speaker 1: We're going to zoom in on that for you guys
19:52
Speaker 1: a little bit. This is the one we've been watching,
19:54
Speaker 1: is Summo Kong. This is one that could start to break,
19:56
Speaker 1: and it's you know, there's some reasons if you haven't
19:58
Speaker 1: checked out our tron videos, go back to those. I
20:00
Speaker 1: know there's a lot of people that you know, whether
20:04
Speaker 1: you it's kind of tribal, you know, to a certain
20:06
Speaker 1: extent in crypto. We don't really play that much here.
20:10
Speaker 1: We are here strictly for the tech and for the investment.
20:12
Speaker 1: So if it moves, then it's it's you know, it's
20:15
Speaker 1: kind of groovy to us. So I think that's the
20:18
Speaker 1: fact that you have to play into some of these.
20:20
Speaker 1: One thing to watch though, on that particular meme token
20:22
Speaker 1: and why it's been moving, is this right here? Ps
20:25
Speaker 1: five or reporting selling out in China? Uh and this
20:29
Speaker 1: is talking about the the Wukong Games.
20:32
Speaker 2: So we may and it has nothing to do with
20:35
Speaker 2: the token. That's the whole point.
20:36
Speaker 1: But the idea, you know, memes run, you get into
20:39
Speaker 1: these cycles and one hits and it's it's one of
20:43
Speaker 1: these that goes up three thousand percent in a matter
20:45
Speaker 1: of it.
20:45
Speaker 3: You've got to be diversified in your memes.
20:48
Speaker 1: All right, let's talk about Salona quickly, and breakpoint is
20:52
Speaker 1: happening here coming up in Singapore.
20:54
Speaker 2: Evan, you're going to be there.
20:55
Speaker 3: I'm going to be a token. Yeah, that's that's right. Yeah,
20:59
Speaker 3: that's right after your token twenty forty nine.
21:01
Speaker 2: Yeah, they're kind of circling around, so you've got you
21:03
Speaker 2: should stay for that.
21:04
Speaker 3: I should ye, I didn't know about that.
21:06
Speaker 2: Interesting stay for that.
21:07
Speaker 1: So it's happening on the twenty first next month. This,
21:11
Speaker 1: of course, could be something big coming out of Salana.
21:15
Speaker 1: Many things that we're watching in course is the Mubble device,
21:17
Speaker 1: and we're also looking for an update on Firedancer and
21:21
Speaker 1: as far as the charts, because Salon's been a little
21:23
Speaker 1: sleepy here in the last three weeks.
21:25
Speaker 3: What do you think it looks very good? I mean,
21:27
Speaker 3: right now you're getting bullish dives, you're getting a lot
21:29
Speaker 3: of good things. Trigger waves forming here in your three
21:31
Speaker 3: day I think you got a really good shot of
21:33
Speaker 3: at least jumping up to dollar fifty or excuse me,
21:37
Speaker 3: one hundred and fifty three dollars. If you could break
21:38
Speaker 3: above that, then you're looking at you know, this high
21:41
Speaker 3: right here around one sixty three one sixty four is
21:44
Speaker 3: what we would be looking at. So you know, let's
21:46
Speaker 3: say we could you know, jump up a bit, maybe
21:48
Speaker 3: have a bullish you know, a couple of weeks here
21:50
Speaker 3: into September, maybe hit that one sixty three area, and
21:53
Speaker 3: then that's where I would be looking for a potential
21:57
Speaker 3: like a potential rejection back down to retail has to
22:00
Speaker 3: either you know, one to fifty three or bore everybody
22:03
Speaker 3: and retest the spider line this area at if you
22:08
Speaker 3: still have it up right here one thirty nine, and then.
22:14
Speaker 1: I'm on it right now. You get to mine all right,
22:17
Speaker 1: perfect that way you can kind of bring his second.
22:19
Speaker 3: And it would just too Dix from one forty could
22:22
Speaker 3: be a big point that we jump off of and
22:23
Speaker 3: say September October and then we're kind of home free
22:26
Speaker 3: to hopefully make a new all time high for Solana
22:29
Speaker 3: on the macro. Get above that, uh two two hundred
22:34
Speaker 3: dollars and sixty, get above two hundred and sixty dollars
22:38
Speaker 3: to make that new all time high hopefully sometime early
22:41
Speaker 3: next year or later this year, and then potentially make
22:43
Speaker 3: a new all time high too. I got some spider
22:46
Speaker 3: lines up to if we map this out July at
22:48
Speaker 3: twenty five, maybe at four hundred dollars, and then November
22:52
Speaker 3: of twenty five maybe at six hundred dollars, which I'd
22:54
Speaker 3: be looking at.
22:55
Speaker 1: So November of twenty five six hundred dollars, you're looking
22:59
Speaker 1: at a six hundred dollars or Solana.
23:01
Speaker 2: So yeah, just to reconnect there.
23:04
Speaker 1: So for for that to happen, I think two things
23:07
Speaker 1: are going to have to really trigger.
23:08
Speaker 2: One.
23:09
Speaker 1: Of course, we're gonna have to see a big event
23:11
Speaker 1: for breakpoint. Breakpoint is going to be the announcement of
23:16
Speaker 1: not only projects that are starting to move, but also
23:20
Speaker 1: the fact that we'll most likely see the Saga phone
23:22
Speaker 1: announced that could get into everything from Helium to Helium
23:25
Speaker 1: Mobile and a lot of those kind of scenarios that
23:28
Speaker 1: play into your strategy around all coins.
23:30
Speaker 2: But I don't know late next year really that long.
23:34
Speaker 3: For a peak. Well that's the for Yer cycle, for
23:36
Speaker 3: a market cycle peak. Yeah, you would be looking at
23:38
Speaker 3: you would be looking at a gradually you know, good year.
23:40
Speaker 3: You just gradually go up with some corrections here.
23:43
Speaker 1: And there, twenty twenty five rock Star Year. All right,
23:46
Speaker 1: let's go into a couple of other things. This was
23:48
Speaker 1: a sneak peak from totally don't know what this means.
23:51
Speaker 2: Very cryptic. Solana will never be the same.
23:55
Speaker 1: I don't know if this is the Saga device because
23:59
Speaker 1: this this is something we've speculated about here on the channel.
24:02
Speaker 1: Is whether or not it's going to be a phone
24:03
Speaker 1: or a gaming console or a handheld we just don't know,
24:07
Speaker 1: and or a wallet.
24:08
Speaker 2: Who knows what it could be. But I'd love to
24:11
Speaker 2: get you guys as feedback.
24:12
Speaker 1: You know, just drop some comments down below, love to
24:14
Speaker 1: kind of get your your interest on where that might
24:16
Speaker 1: be going. Other things that are happening right now is
24:20
Speaker 1: remember that Solana was involved in Ethereum's expensive transaction fees
24:25
Speaker 1: about seventy five percent of the soul transactions are now.
24:29
Speaker 1: Remember and this is the reason I'm bringing this up
24:31
Speaker 1: is this happened a lot back when we were starting
24:34
Speaker 1: to see movement in the markets.
24:36
Speaker 2: Coinbase went down.
24:38
Speaker 1: We solve problems with almost every network when much of
24:42
Speaker 1: the market was running hard and most likely we'll get
24:44
Speaker 1: another parabolic move. So you've got to be able to
24:47
Speaker 1: look at which chain makes it through this next big test, right,
24:53
Speaker 1: so you look at Avalanche, Solana, ethereum. You know, you
24:57
Speaker 1: could look at others, including Bitcoin.
24:59
Speaker 3: I think those through. We'll make it through in the
25:02
Speaker 3: in the.
25:02
Speaker 1: Essence of not having a pr nightmare like the chain
25:06
Speaker 1: shuts down in the middle of a bull run, you
25:08
Speaker 1: can't move your Yeah.
25:09
Speaker 3: Everybody's probably thinking it'll happen with Solana again, but.
25:13
Speaker 2: Well that's the key right there. You gotta be you
25:15
Speaker 2: got to be watching for.
25:17
Speaker 1: This was something we did back in December of twenty
25:19
Speaker 1: twenty three, and it was this right here, avalanches gas
25:23
Speaker 1: fees skyrocketed. This was another factor of those kinds of
25:27
Speaker 1: scenarios that play out. You know, we're we like Avalanche
25:31
Speaker 1: as a project, but you've got to always be prepared
25:34
Speaker 1: and kind of hedging against those potentials of some of
25:36
Speaker 1: these chains being in a bad position if you need
25:39
Speaker 1: to exit. What about Avalanche right now? I like having
25:42
Speaker 1: that is one of your favorite tokens.
25:44
Speaker 3: It is.
25:45
Speaker 2: What do you say about this.
25:46
Speaker 3: So great curvature here on the daily on the move
25:49
Speaker 3: right now, Yeah, it is on the move. Great curvature
25:51
Speaker 3: in the daily This could easily continue us forward to
25:54
Speaker 3: thirty dollars. We could break above there. You're looking at
25:56
Speaker 3: thirty nine. I would expect probably some type of direction
26:00
Speaker 3: at forty. That could be our September correction. You come
26:03
Speaker 3: back down and let's say thirty, maybe even back down
26:05
Speaker 3: to twenty five. But then after that you continue forward
26:09
Speaker 3: and you're generally home free. I think Avalanche, let's do
26:11
Speaker 3: a more of a kind of macro prediction here. These
26:15
Speaker 3: are the two places that I've been looking at for
26:17
Speaker 3: potentially new all time highs next year. Two hundred and
26:20
Speaker 3: thirty four dollars is a big spot. Then the high
26:22
Speaker 3: end three hundred dollars. So from where we are right now,
26:25
Speaker 3: let's see where that would bring us up to. This
26:28
Speaker 3: could go up eight x two maybe on the high
26:30
Speaker 3: end twelve x thirteen x so that area. Now we've
26:33
Speaker 3: got to push through our old all time high though
26:36
Speaker 3: around one hundred, two hundred and thirty is going to
26:37
Speaker 3: be a big area that we got to you know,
26:39
Speaker 3: push through. This area is going to be very big.
26:42
Speaker 3: So if we can't push through that, that could be
26:44
Speaker 3: you know, it could be a rejection of the last
26:46
Speaker 3: all time high of the last four run, which does
26:48
Speaker 3: happen to look at like things like light coin, you know,
26:51
Speaker 3: it doesn't happen to love sure.
26:52
Speaker 1: Well, there's two factors that within the avax ecosystem you
26:56
Speaker 1: have to keep an eye on. One of course's real
26:57
Speaker 1: world assets, Token I Secure. They've already announced a lot
27:01
Speaker 1: of news this week, which I think is why we're
27:03
Speaker 1: seeing a.
27:03
Speaker 2: Little bit of the movement.
27:04
Speaker 1: They've also done some significant hires and that is getting
27:07
Speaker 1: traditional finance people into the Avalanche ecosystem.
27:10
Speaker 2: That could be a key factor.
27:12
Speaker 1: But the other one that I'm watching is still the
27:14
Speaker 1: gaming sector. I still believe that if they hit a
27:17
Speaker 1: home run, and they've been somewhat successful with off the
27:20
Speaker 1: Grid already, I think they're yet to really show their
27:25
Speaker 1: true colors.
27:25
Speaker 2: When it comes to the gaming side.
27:27
Speaker 1: But the home run may be in Token I securities,
27:31
Speaker 1: you know, for Avalanche next year, especially if we see
27:34
Speaker 1: institutionals start to really adopt in, which is what has
27:37
Speaker 1: been so a couple of other things hitting right now,
27:41
Speaker 1: this of course coming in from the crypto pit, and
27:43
Speaker 1: this is talking about Hadera. Now Hadera is interesting because
27:48
Speaker 1: we've talked about this one at length. We've had them
27:51
Speaker 1: on the show many times. And the governance Council that
27:56
Speaker 1: essentially is the groups that governed Hadera, the the token,
28:02
Speaker 1: and you look at the blockchain in general it right
28:05
Speaker 1: now it looks like it might be ready for another bounce.
28:07
Speaker 1: My question is if timing is in here and they
28:10
Speaker 1: announce another big governance member, this could go again. So
28:14
Speaker 1: the last time it went up like forty pc aday.
28:16
Speaker 3: This could jump. I mean, you keep so that. Just
28:19
Speaker 3: the first thing I look at is just what price
28:21
Speaker 3: has been doing since December of twenty two. We keep
28:23
Speaker 3: making higher lows, which is good. That's the first thing.
28:27
Speaker 3: You have a deep anchor wave in the weekly. The
28:29
Speaker 3: last time we had a deep anchor wave in the weekly, okay,
28:31
Speaker 3: you did come down farther, but it was kind of
28:34
Speaker 3: that bear market, but it could compare it to Also
28:36
Speaker 3: this one, we jumped up a lot also compared to
28:39
Speaker 3: this one, which is great, and that led to a
28:41
Speaker 3: giant kind of rally right there. This is kind of
28:44
Speaker 3: I'd say the first half of our bull run at
28:45
Speaker 3: three hundred percent, So I think you got a good
28:48
Speaker 3: shot of at least kind of repeating this type of
28:51
Speaker 3: situation from that bottom right there. So I would say
28:55
Speaker 3: that the low end of my prediction for this is
28:57
Speaker 3: at least around a four x to get to twenty cents. Now,
29:00
Speaker 3: what I think could happen in the more short term
29:02
Speaker 3: here is we jump up big pocket around seven cents
29:06
Speaker 3: all the way up to eight cents, which is going
29:07
Speaker 3: to be big. So I think you could potentially get
29:09
Speaker 3: up there, buy that first rate cut by the FOMC meeting.
29:13
Speaker 3: Then if after the first ray cut, I don't, I
29:16
Speaker 3: think there's going to be some fear, some selling, maybe
29:18
Speaker 3: back down to six cents, and then after that that
29:21
Speaker 3: could lead up to your rally to continue forward, you know,
29:25
Speaker 3: up to that thirteen cents in early next year, then
29:29
Speaker 3: to mid next year twenty cents, and then after that
29:32
Speaker 3: hopefully we would try to get back up to thirty
29:35
Speaker 3: six cents for our all time high. If we want
29:38
Speaker 3: to get really crazy with this on the high end
29:40
Speaker 3: to where we could end up, I mean it's a
29:42
Speaker 3: long shot, but a dollar is not impossible if everything
29:47
Speaker 3: stars aligned. So yeah, with.
29:49
Speaker 1: A Okay, so there's a couple of resistance areas. They've
29:51
Speaker 1: got a big order block up around that seven. That's
29:54
Speaker 1: a bitcoin. Let me go back to hbar real quick.
29:56
Speaker 1: This is the one I was looking at if I
29:59
Speaker 1: can load it up with hbar. And of course this
30:02
Speaker 1: is one of the things that again we've talked about before.
30:04
Speaker 2: Yeah, there it is. So you were talking about eleven cents,
30:08
Speaker 2: but you're you're looking at this is.
30:10
Speaker 1: On the daily. Let me go to the weekly. Was
30:12
Speaker 1: the one I was concerned.
30:13
Speaker 3: And eight cents seven to eight cents.
30:16
Speaker 1: Yeah, yeah, so you're in the same spot that I am.
30:19
Speaker 1: You know, in terms of watching this one a little
30:21
Speaker 1: bit closer when you look at because this isn't necessarily
30:24
Speaker 1: one of those tokens that could be a ten x,
30:26
Speaker 1: but we could see some numbers on this. Again, key
30:29
Speaker 1: here is going to be some of the announcement.
30:31
Speaker 2: That Hedera makes.
30:31
Speaker 1: And remember a lot of these chains, a lot of
30:33
Speaker 1: these projects are timing their announcements with their events.
30:38
Speaker 2: What we'll most likely see it.
30:41
Speaker 1: Forty nine with obviously with breakpoint, and then most likely
30:46
Speaker 1: we'll see some stuff happening in alignment with these rate cuts,
30:50
Speaker 1: which I'm looking for, like just news to start trickling
30:54
Speaker 1: through from a lot of these chains and just kind
30:56
Speaker 1: of piggybacking. Is there any other token? They would say,
31:00
Speaker 1: all right, this is one that I've been watching. Not
31:03
Speaker 1: many people are talking about it, but we think it's
31:05
Speaker 1: gonna move.
31:06
Speaker 3: I could be completely wrong on this, but I've been
31:08
Speaker 3: keeping my eye on ape coin.
31:09
Speaker 2: I have been keeping here we go, Here we go.
31:11
Speaker 2: The ape is back in the house.
31:13
Speaker 3: I mean, chart looks abysmal or inbysmal in the sense
31:17
Speaker 3: that it keeps coming down. But you're about to get
31:19
Speaker 3: a bull day of on your two week here for
31:21
Speaker 3: the first time ever. That could be pretty good. You know,
31:23
Speaker 3: you got a big jump up here. It's see on
31:26
Speaker 3: the weekly. You know there's some things and I mean
31:29
Speaker 3: I wouldn't bet completely against you go labs and you
31:32
Speaker 3: know those NFT collections. So this could you know, if
31:35
Speaker 3: you could get anywhere near old all time highs, you
31:38
Speaker 3: could jump up around eight x or something. So I
31:41
Speaker 3: have been I have been keeping my eye on a
31:42
Speaker 3: point again, very risky. I could be completely wrong, but
31:45
Speaker 3: it's one of the ones that I've looked at.
31:47
Speaker 1: Okay, all right, well there you go. Let's get into
31:49
Speaker 1: some questions. For sure, you kind of cue some of those.
31:51
Speaker 1: But before we do that, let's hit the poll, take
31:54
Speaker 1: a look real quick, is now the time to unload
31:56
Speaker 1: dry powder on all coins? Everybody's saying yes, right, Cut's
31:59
Speaker 1: comings seventy one percent saying this is the time.
32:03
Speaker 3: It is the time. You want to be diversified, though,
32:05
Speaker 3: And I mean, if you do look at the first cycle.
32:07
Speaker 3: I did not to sound too verish, but I think
32:09
Speaker 3: a lot of the all coins did bottom out in
32:11
Speaker 3: early twenty seventeen, such as light coin. Etherian bottomed down
32:15
Speaker 3: in December of twenty sixteen. So if you follow that,
32:17
Speaker 3: worst case scenario would be the bottoms later this year
32:20
Speaker 3: or early next year. So you want to be diversified,
32:22
Speaker 3: I would dca.
32:23
Speaker 1: All right, they're jacking with you in the comments already.
32:26
Speaker 1: All right, So what do we have on questions?
32:27
Speaker 2: What do you want to pick?
32:28
Speaker 3: So a point yes that it could absolutely be a scam,
32:31
Speaker 3: ap points to be careful, like I mentioned, don't buy it.
32:36
Speaker 2: Let's see again, not financial.
32:39
Speaker 3: Soul's still good long term the long term invest or
32:42
Speaker 3: overwingked by suiy I mean that's good.
32:45
Speaker 1: That's a good comparison. Yeah, you know, to look at
32:48
Speaker 1: at going both ways. If you wanted to, you know,
32:50
Speaker 1: jump into something as far as diversification. If you're not
32:54
Speaker 1: exposed to either, I think either is a good play.
32:57
Speaker 3: Yeah, exactly what you said, Paul, and I think I'll
32:59
Speaker 3: be you know, if you're more of a gambler, Suey
33:01
Speaker 3: probably would outperform it. I mean, Suey could get let's
33:04
Speaker 3: see what we could get if we follow some fib
33:06
Speaker 3: levels here. I mean three dollars could be a nice bet.
33:10
Speaker 3: On the high end of what you could look at
33:11
Speaker 3: would be seven dollars. So seven acts is obviously going
33:14
Speaker 3: to outperform Salana. But we don't know if it's going
33:16
Speaker 3: to go up to seven dollars. That's a question there.
33:18
Speaker 1: And it has been I mean this is the daily
33:20
Speaker 1: but it's been down quite a bit here with with Suey,
33:24
Speaker 1: So I don't know, this is an interesting The dollar
33:28
Speaker 1: has been well, not necessarily, Yeah, I guess that's a
33:31
Speaker 1: little bit of a resistance. Do you near term on
33:33
Speaker 1: sue what would you say, near term, next ninety.
33:36
Speaker 3: Days, near term next ninety days? Ah, man, I mean
33:39
Speaker 3: it's fall, so you could get back up to just
33:42
Speaker 3: under two dollars, But I think if you get back
33:44
Speaker 3: up there, you probably will reject and then come back
33:47
Speaker 3: down and at least retest a dollar and then hopefully
33:50
Speaker 3: continue forward into into next year. So I think the
33:52
Speaker 3: best case scenario next ninety days two dollars probably, well,
33:56
Speaker 3: ninety days, we're already September time in the year, and
33:59
Speaker 3: a year. Best case maybe a slight new all time high,
34:02
Speaker 3: maybe a sign new all time.
34:03
Speaker 2: I like it, Okay, yeah, all time high on Suey
34:06
Speaker 2: by end of.
34:06
Speaker 5: Year maybe, and i'd although called it. I don't know,
34:10
Speaker 5: you're backing up there, Evan. What else do we have
34:12
Speaker 5: on thoughts on Helium mobile price. That's a good that's
34:15
Speaker 5: been jumping. I think that'll continue.
34:17
Speaker 3: To do well. Yeah, you know, I think you might
34:19
Speaker 3: be able to make a new all time high end
34:21
Speaker 3: the year or next year you get a back up
34:22
Speaker 3: to ten dollars.
34:23
Speaker 2: Well.
34:23
Speaker 1: And the thing with Helium and mobile the problem and
34:26
Speaker 1: this is something we've talked about before in in general,
34:31
Speaker 1: the problem with I think when you look at mobile token,
34:34
Speaker 1: if you guys are following Helium Mobile, one thing.
34:37
Speaker 2: To check out. By the way, it's a great it's
34:39
Speaker 2: a great product. I use it.
34:40
Speaker 1: It's fantastic. But a lot of people are using the
34:45
Speaker 1: tokens to actually pay for the service because you're in
34:47
Speaker 1: total right, Okay, so they're burning those tokens. There is
34:50
Speaker 1: a strategy they could implement that would alleviate that pressure,
34:54
Speaker 1: because that's a cell pressure, you know.
34:55
Speaker 3: On that token.
34:56
Speaker 1: They're growing so fast. I think they're over one hundred
34:59
Speaker 1: and twenty thousand now.
35:00
Speaker 3: It is pretty yeah, I have it.
35:02
Speaker 1: Yeah, So imagine if they go up to a million users,
35:05
Speaker 1: all right, imagine what that would do to the mobile
35:08
Speaker 1: token in general. And all that means is there's just
35:11
Speaker 1: more people finding out that this is actually an alternative.
35:15
Speaker 2: I mean, look at MIT.
35:16
Speaker 1: Mobile's growth over the last sixty almost well six months.
35:20
Speaker 2: Yeah, mit mobile has exploded. You know.
35:22
Speaker 3: So if you look at the mobile token, which is
35:24
Speaker 3: different from the helium token way down, but look at
35:27
Speaker 3: that daily some good curvature, you might be able to
35:29
Speaker 3: jump back up to oh my god, a tenth of
35:32
Speaker 3: two tenths of ascent. There you go, two tents of ascent.
35:36
Speaker 2: Maybe key here on.
35:38
Speaker 1: Mobile is they've got to restructure how they handle price pressure,
35:43
Speaker 1: because that is the key if they get into maybe
35:46
Speaker 1: something like we were talking about this in the in
35:48
Speaker 1: the crypto pit, about doing a staking challenge, you know,
35:52
Speaker 1: to where you when you gain mint or mobile tokens.
35:55
Speaker 1: You'd stake it and then pay out of that out
35:58
Speaker 1: of your staking. So it might help alleviate some of
36:01
Speaker 1: the pressure on self pressure and then reward people, you know,
36:05
Speaker 1: which I still think referrals is the way to kind
36:08
Speaker 1: of capitalize on that. Yeah, that's been it's been very
36:11
Speaker 1: successful with SAGA, So I don't I can't imagine that.
36:14
Speaker 3: It wouldn't be figured out with think they'll figure it out.
36:16
Speaker 2: What else we have?
36:17
Speaker 3: Let's see, I feel sorry this guy, feel sorry for
36:19
Speaker 3: XRP and eighty A holders A holders.
36:23
Speaker 2: Why is everybody feeling sorry?
36:24
Speaker 3: I don't know. The people are negative boyt Ada ada is.
36:28
Speaker 3: They're saying Ada is not even going to get back
36:29
Speaker 3: up to a dollar in the next four run. Oh really,
36:32
Speaker 3: I think it'll Yeah, I mean I think it'll at
36:35
Speaker 3: least get back up to two dollars probably.
36:38
Speaker 2: On the daily. Ada has been climbing. It's been its event,
36:43
Speaker 2: you know.
36:44
Speaker 1: So it had an event which I thought was a
36:45
Speaker 1: good strategy, whether you like.
36:47
Speaker 2: It or not, on the last week. That's not bad.
36:51
Speaker 3: I do think you'll you'll you could hit end of a
36:53
Speaker 3: year or the next year, seventy five cents and potentially
36:55
Speaker 3: up to two dollars. So where's some XRP that's looked
36:59
Speaker 3: pretty good, that has looked better? You know, I think
37:03
Speaker 3: you at least could get up to a dollar early
37:06
Speaker 3: next year, and then potentially from there, we'll see what happens.
37:09
Speaker 3: Maybe two dollars.
37:11
Speaker 1: XRP could be a setup for a breakout too, because
37:13
Speaker 1: I'm watching some things with XRP when it comes to
37:17
Speaker 1: as we see more regulation playing into and I think
37:20
Speaker 1: their stable coin, Remember their event is here in Miami.
37:25
Speaker 1: I think it's in October. They could announce some pretty
37:28
Speaker 1: big deals there, including the stable coin, possibly all sorts
37:32
Speaker 1: of integration into countries. You know when you look at treasuries,
37:37
Speaker 1: there could be some big news coming in. So I'm
37:38
Speaker 1: going to keep a close eye on SWELL because that's
37:41
Speaker 1: the event that is happening. All right, guys, do we
37:46
Speaker 1: have any more any more questions?
37:47
Speaker 3: A man, there's a lot of thoughts on CASPA. Yeah,
37:50
Speaker 3: there Caspa, CASPA.
37:53
Speaker 1: We've been we've been up and out on STAX and Ondo.
37:59
Speaker 1: I like I'm holding stacks right now, and Ono we've
38:03
Speaker 1: been in and out of Yeah, yeah.
38:05
Speaker 3: I mean both of those. I think we'll do somewhat. Well,
38:08
Speaker 3: let's either they're one a new al time high by November.
38:10
Speaker 3: Probably not gonna happen, I don't think so. It could
38:11
Speaker 3: be wrong though, bitcoinn isn't going to do the same
38:14
Speaker 3: thing every four years. Well this four years, it will,
38:16
Speaker 3: I think.
38:17
Speaker 2: There you go.
38:18
Speaker 1: Yeah, so you like, what's your all time high on
38:21
Speaker 1: this bull run?
38:23
Speaker 3: I'm looking at one twenty to one sixty, I mean,
38:25
Speaker 3: somewhere above one hundred. We'll see what outen interesting.
38:28
Speaker 2: That's still a very bullish position.
38:29
Speaker 3: Yeah, I mean I think we could generally double from
38:31
Speaker 3: where we are right now.
38:32
Speaker 2: That puts eight in the ten to twelve k range.
38:36
Speaker 3: Seven to twelve, yeah, I mean I could see Eth
38:38
Speaker 3: only hidden seven or eight really potentially. I mean, well,
38:42
Speaker 3: if you have bitcoin double from where we are right now,
38:45
Speaker 3: eth would still perform it, you know, just getting up
38:47
Speaker 3: to seven seventy five hundred, that' almost be a three
38:50
Speaker 3: x yeah true.
38:52
Speaker 1: All right, do you guys like the live streams? Make
38:53
Speaker 1: sure to smash a button right now, h hit it.
38:56
Speaker 1: And of course one of the things we always ask
38:58
Speaker 1: you to do is follow Evan Yea on his.
39:01
Speaker 3: Channel YouTube dot com forward slash Evan Aldough yes.
39:04
Speaker 2: You got the you've got the the courses over there. Yes,
39:08
Speaker 2: there's a free doing as many live streams.
39:11
Speaker 3: Though I am doing live streams. You've got to work
39:13
Speaker 3: harder more live streams. Do more live streams. Yeah, try
39:15
Speaker 3: to five days a week. I do more a lot
39:17
Speaker 3: of live straight.
39:18
Speaker 2: How often are you doing them?
39:19
Speaker 3: Right now? The live streams every day? Every day through Friday?
39:22
Speaker 2: What time is a live stream?
39:24
Speaker 3: Whenever I want? Usually whenever the market's doing something. I'm
39:27
Speaker 3: not going to watch paint ry on live stream.
39:29
Speaker 2: I like it. Well, that's that's a good thing. So
39:31
Speaker 2: we have you done one today?
39:33
Speaker 3: Not today?
39:33
Speaker 2: No, so after this you.
39:34
Speaker 3: Can go home and do one potentially Fridays. Sometimes.
39:40
Speaker 1: We always leave links for Evans channel down below, and
39:42
Speaker 1: of course check out his courses.
39:44
Speaker 2: He's got a discount for you guys.
39:45
Speaker 1: If you're following the PBN family, use that as well,
39:50
Speaker 1: and as always, follow me out there on X's just
39:52
Speaker 1: at Paul Barron.
39:53
Speaker 2: We'll catch you next time right here on tech Path