Behind the video
XRP HYPE 🚨 I AM FINISHED (Bitcoin Ethereum)
Overall Thesis
Moe walks through technical setups on Hyperliquid, XRP, Ethereum and Bitcoin heading into election day, expecting a short-term dip then possible rally in HYPE and XRP, while flagging bearish breakdowns toward lower targets in Ethereum and Bitcoin.
Narratives
ETHEthereumEthereum has broken down technically after a strong run, with the 5/13/50 EMAs crossing bearishly, and Moe expects further downside toward the $2,000 61.8% retracement level.
Key Arguments
- ETH peaked near 2777 before the 5 EMA crossed below the 13 and 50 EMAs
- The 61.8% Fibonacci retracement from the rally points to roughly $2,000
- Moe says he won't buy until price reclaims the 5 EMA above the 13 EMA
Predictions (1)
BTCBitcoinBitcoin has formed a bearish 13/50 EMA crossover and is bouncing to test the 5 EMA; Moe expects a move to a new lower low and warns of accelerated downside if the 77,226 level breaks.
Key Arguments
- The 13 EMA crossed below the 50 EMA, which Moe calls the 'scariest looking crossover'
- Price is bouncing off the Bollinger Band to test the 5 EMA near 78,418
- Historically, after such a bounce price tends to make a new lower low
Predictions (1)
HYPEHyperliquidMoe sees HYPE holding up well after rallying near all-time highs, but expects a short-term pullback to the 13 EMA near 8375 before a possible renewed rally this week.
Key Arguments
- HYPE rallied from roughly 7475 to near all-time highs around 97, almost breaking the prior high
- Price is testing 5 EMA support near 8658 after breaking the Bollinger Band twice
- 13 and 5 EMA crossing above the 50 EMA is viewed as a strong bullish technical signal historically
Risks acknowledged
- Acknowledges support around 8744 could hold rather than fail
XRPXRPXRP is technically weak, trading below its key moving averages and near Moe's self-defined risk line at 123.45, but he sees a possible short-term rally and a bullish setup if the 61.8% retracement support at $1.24 holds.
Key Arguments
- Price is trading under the 50, 13 and 5 EMAs, showing persistent weakness versus HYPE
- A triple miss of the 5 EMA is interpreted as setting up a possible rally
- The 61.8% Fibonacci retracement of the prior rally sits at $1.24, a key support/launch level
Risks acknowledged
- Notes any rally may not be huge, just a couple-day move
- Acknowledges the downside scenario if his 123.45 red line fails
Hedges & Caveats
- Educational and entertainment purposes only, not financial advice
- Moe owns HYPE and XRP and his positions can change at any time without notice
- Cryptocurrency is highly volatile and you can lose your entire principal
- Election day uncertainty is expected to affect markets