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
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.