Applying the Gann Fan from the extreme low and the extreme high, and analyzing the intersections, we can begin to see (clearly) where the market has been, and maybe, where it's going!!
Keep in mind, the $1.48 & the $2.85 are a couple of targets that I'll be keeping an eye once price begins to climb out of this long winded rut!
For now, the price is UP and if it continues, I'll be interested to see how price will handle the $0.77 cents area!
(Additionally, I'm leaning into the idea that Bitcoin drops while XRP pursues the $0.77 cent range)
Cheers!
Keep in mind, the $1.48 & the $2.85 are a couple of targets that I'll be keeping an eye once price begins to climb out of this long winded rut!
For now, the price is UP and if it continues, I'll be interested to see how price will handle the $0.77 cents area!
(Additionally, I'm leaning into the idea that Bitcoin drops while XRP pursues the $0.77 cent range)
Cheers!
Comment:
I should mention, too, that there is still significant downside risk here...I believe that as long as price can remain above $0.43 cents, it has a good shot at going higher!