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

News Feed - 2025-05-08 04:05:35

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XRP’s price action in the past seven days has been marked by a consistent declinefrom $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 projectionon 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. Related Reading XRP Price At $9 In September: Gann Angle Resistance Grid Predicts Surge 4 hours ago


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 predictionscirculating within the XRP community. However, the $9 projection is the most realistic target based on the Gann angle resonance grid.  Source: Geometric on X


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.  Related Reading XRP Price Shoots For 20% Surge To $2.51 Amid Pullback To Breakout Zone 1 week ago


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 movementinto lower highs and lower lows in the past seven days. XRP trading at $2.13 on the 1D chart | Source: XRPUSDT onTradingview.com Featured image from Getty Images, chart from Tradingview.com

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