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Home»Altcoins»Gann Angle Resistance Grid predicts the span
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Gann Angle Resistance Grid predicts the span

2025-05-07No Comments3 Mins Read
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XRP’s price promotion in the past seven days marked by a consistent decline From $ 2.25, the goal places on a likely break below $ 2. If XRP loses this support level, there is a risk of a further crash until it reaches $ 1.6, because there is no realistic support base between these levels. Nevertheless, an interesting technical indicator suggests that the cryptocurrency is on its way to $ 9 by September 2025.

Analyst Eyes $ 9 XRP Target using Gann Angle Resonance Grid

A crypto analyst recently a technical projection On the social media platform X, with a long-term XRP price graph structured around the 1 × 1 Gann Angle Resonance Grid on the 3-day candle-time frame graph. According to the graph, the analyst expects XRP to reach a price target of $ 9.63 at the beginning of September 2025, in accordance with the upper edge of the “Topping channel” in the Gann Grid. This projection stems from the intersection of the resistance trend lines of the GANN channel and an important Fibonacci market capital level on the 4,236 FIB, which identifies the analyst as an important confluence point.

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Although A goal of $ 9 may seem like a lot, Because it would be much higher than XRP’s current of all times of $ 3.40, it is quite conservative compared to some More extravagant predictions Circulating within the XRP community. However, the projection of $ 9 is the most realistic target based on the Gann Angle Resonance Grid.

XRP
Source: Geometric on x

As it looks now, the XRP price is in the middle base zone, now on the CUSP of entering the upper band called the Topping channel. The technical structure of the rally is similar to a step -by -step progression, where every consolidation phase occurs in the vicinity of large grid lines.

Strong support at $ 1.60, only $ 9 in September

Although the long -term prospects are a strong increase, there is also a need to consider the possibility of a short -term movement. If XRP does not contain the middle base level above $ 2.00, the following is structural Support zone is around $ 1.60.

Related lecture

It is remarkable that the Raster -based projection XRP achieved the goal of $ 9 somewhere around 7 September 2025. But even if a strong rally and stronger intake so far the XRP would push the XRP, this might not be done in a straight line, but gradually by a series of breakouts and pullbacks. The greater the outbreak, The larger the pullbacks.

At the time of writing, XRP acts at $ 2.14, an increase of 2.14% in the last 24 hours with an intraday highlight of $ 2.17. At the moment all eyes are aimed at whether it can break above the falling trendline has closed its price movement In lower highlights and lower lows in the last seven days.

See also  Bitcoin approaches structural ceiling, analyst warns of resistance to power legislation
XRP
XRP trade at $ 2.13 on the 1D graph | Source: Xrpusdt on TradingView.com

Featured image of Getty Images, Chart van TradingView.com

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Angle Gann GRID Predicts Resistance span
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