Instead of using XRP's absolute historical low, I wanted to focus on the pivot that actually launched the current move, similar to how I approached Rivian.
Using the $0.7775 low and the recent cycle high at $3.6606, I built both bullish and bearish Square of 9 frameworks and looked for areas where the levels overlapped. Those overlaps became my primary zones of interest.
The most notable zones appeared around:
• $1.10 - $1.30
• $1.70 - $2.00
• $2.40 - $2.80
• $3.20 - $3.66
What's interesting is that XRP is currently trading inside the first major confluence zone, making this chart less about prediction and more about observation.
I also added Gann time cycles to the framework to monitor whether future shifts in momentum occur around important time intervals such as 90°, 180°, 270°, 360°, 540°, and 720°.
#XRP #Crypto #Trading #Gann #SquareOf9 #PriceAction #MarketCycles #TechnicalAnalysis
Using the $0.7775 low and the recent cycle high at $3.6606, I built both bullish and bearish Square of 9 frameworks and looked for areas where the levels overlapped. Those overlaps became my primary zones of interest.
The most notable zones appeared around:
• $1.10 - $1.30
• $1.70 - $2.00
• $2.40 - $2.80
• $3.20 - $3.66
What's interesting is that XRP is currently trading inside the first major confluence zone, making this chart less about prediction and more about observation.
I also added Gann time cycles to the framework to monitor whether future shifts in momentum occur around important time intervals such as 90°, 180°, 270°, 360°, 540°, and 720°.
#XRP #Crypto #Trading #Gann #SquareOf9 #PriceAction #MarketCycles #TechnicalAnalysis
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Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.