Currencies33231
Market Cap$ 3.23T+3.25%
24h Spot Volume$ 62.61B-21.3%
DominanceBTC61.17%-0.94%ETH7.40%+4.95%
ETH Gas12.15 Gwei
Cryptorank
MainNewsXRP Price At...

XRP Price At $9 In September: Gann Angle Resistance Grid Predicts Surge


by Scott Matherson
for NewsBTC
XRP Price At $9 In September: Gann Angle Resistance Grid Predicts Surge

XRP’s price action in the past seven days has been marked by a consistent decline from $2.25, putting the target at a probable break below $2. If XRP were to lose this support level, there’s a risk of a further crash until it reaches $1.6, as there isn’t a realistic support base between these levels. Nonetheless, an interesting technical indicator suggests that the cryptocurrency is headed for $9 by September 2025. 

Analyst Eyes $9 XRP Target Using Gann Angle Resonance Grid

A crypto analyst recently posted a technical projection on the social media platform X, showcasing a long-term XRP price chart structured around the 1×1 Gann Angle Resonance Grid on the 3-day candlestick timeframe chart. According to the chart, the analyst anticipates XRP could reach a price target of $9.63 by early September 2025, aligning with the upper edge of the “Topping Channel” in the Gann grid. This projection stems from the intersection of the Gann channel’s resistance trendlines and a key Fibonacci market cap extension level at the 4.236 Fib, which the analyst identifies as a major confluence point.

Although a $9 target might seem a lot, as it would be far higher than XRP’s current all-time high of $3.40, it is quite conservative compared to some more extravagant predictions circulating within the XRP community. However, the $9 projection is the most realistic target based on the Gann angle resonance grid. 

XRP

As it stands, the XRP price is in the mid-base zone, now at the cusp of entering the upper band called the topping channel. The technical structure of the rally resembles a stair-step progression, with each consolidation phase occurring near major grid lines.

Strong Support At $1.60, But $9 In September

Although the long-term outlook is a strong surge, there is also a need to consider the possibility of a short-term downside movement. If XRP fails to hold the mid-base level just above $2.00, the next structural support zone is around $1.60. 

Notably, the grid-based projection places XRP reaching the $9 target sometime around September 7, 2025. However, even if a strong rally and stronger inflows were to push XRP to this point, this might not be done in a straight line but gradually through a series of breakouts and pullbacks. The greater the breakout, the greater the pullbacks. 

At the time of writing, XRP is trading at $2.14, up by 2.14% in the past 24 hours with an intraday high of $2.17. Right now, all eyes are on whether it can break above the descending trendline that has capped its price movement into lower highs and lower lows in the past seven days.

XRP
Read the article at NewsBTC

Read More

Is XRP Ready to Join the Crypto Market Rally? (Ripple Price Analysis)

Is XRP Ready to Join the Crypto Market Rally? (Ripple Price Analysis)

After a period of muted price action and consolidation, Ripple has found support at t...
XRP Is Forms Bullish Reverse Dragon Head Pattern, How High Can Price Go?

XRP Is Forms Bullish Reverse Dragon Head Pattern, How High Can Price Go?

The XRP price is once again showing bullishness, even after the altcoin has been plag...
MainNewsXRP Price At...

XRP Price At $9 In September: Gann Angle Resistance Grid Predicts Surge


by Scott Matherson
for NewsBTC
XRP Price At $9 In September: Gann Angle Resistance Grid Predicts Surge

XRP’s price action in the past seven days has been marked by a consistent decline from $2.25, putting the target at a probable break below $2. If XRP were to lose this support level, there’s a risk of a further crash until it reaches $1.6, as there isn’t a realistic support base between these levels. Nonetheless, an interesting technical indicator suggests that the cryptocurrency is headed for $9 by September 2025. 

Analyst Eyes $9 XRP Target Using Gann Angle Resonance Grid

A crypto analyst recently posted a technical projection on the social media platform X, showcasing a long-term XRP price chart structured around the 1×1 Gann Angle Resonance Grid on the 3-day candlestick timeframe chart. According to the chart, the analyst anticipates XRP could reach a price target of $9.63 by early September 2025, aligning with the upper edge of the “Topping Channel” in the Gann grid. This projection stems from the intersection of the Gann channel’s resistance trendlines and a key Fibonacci market cap extension level at the 4.236 Fib, which the analyst identifies as a major confluence point.

Although a $9 target might seem a lot, as it would be far higher than XRP’s current all-time high of $3.40, it is quite conservative compared to some more extravagant predictions circulating within the XRP community. However, the $9 projection is the most realistic target based on the Gann angle resonance grid. 

XRP

As it stands, the XRP price is in the mid-base zone, now at the cusp of entering the upper band called the topping channel. The technical structure of the rally resembles a stair-step progression, with each consolidation phase occurring near major grid lines.

Strong Support At $1.60, But $9 In September

Although the long-term outlook is a strong surge, there is also a need to consider the possibility of a short-term downside movement. If XRP fails to hold the mid-base level just above $2.00, the next structural support zone is around $1.60. 

Notably, the grid-based projection places XRP reaching the $9 target sometime around September 7, 2025. However, even if a strong rally and stronger inflows were to push XRP to this point, this might not be done in a straight line but gradually through a series of breakouts and pullbacks. The greater the breakout, the greater the pullbacks. 

At the time of writing, XRP is trading at $2.14, up by 2.14% in the past 24 hours with an intraday high of $2.17. Right now, all eyes are on whether it can break above the descending trendline that has capped its price movement into lower highs and lower lows in the past seven days.

XRP
Read the article at NewsBTC

Read More

Is XRP Ready to Join the Crypto Market Rally? (Ripple Price Analysis)

Is XRP Ready to Join the Crypto Market Rally? (Ripple Price Analysis)

After a period of muted price action and consolidation, Ripple has found support at t...
XRP Is Forms Bullish Reverse Dragon Head Pattern, How High Can Price Go?

XRP Is Forms Bullish Reverse Dragon Head Pattern, How High Can Price Go?

The XRP price is once again showing bullishness, even after the altcoin has been plag...