• Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021
No Result
View All Result
CryptoABC.net
No Result
View All Result

Gann Angle Resistance Grid Predicts Surge

May 7, 2025
in Bitcoin
Reading Time: 4min read
0 0
A A
0
Gann Angle Resistance Grid Predicts Surge
0
SHARES
1
VIEWS
ShareShareShareShareShare

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Created by industry experts and meticulously reviewed

The highest standards in reporting and publishing

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Este artículo también está disponible en español.

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.

Related Reading

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
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

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
XRP trading at $2.13 on the 1D chart | Source: XRPUSDT on Tradingview.com

Featured image from Getty Images, chart from Tradingview.com

Credit: Source link

ShareTweetSendPinShare
Previous Post

Crypto Exchange Coinbase Adds Gold-Pegged Stablecoin PAXG to Listing Roadmap

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

You might also like

Elliot Wave Theory Shows Where Bitcoin Is In This Cycle – Bull Rally Over?

May 6, 2025
Trump Dodges Questions on Memecoin Profits Amid Price Plunge

Trump Dodges Questions on Memecoin Profits Amid Price Plunge

May 6, 2025
Bitcoin Mining Giant Unloads $40 Million In Crypto

Bitcoin Mining Giant Unloads $40 Million In Crypto

May 7, 2025
How AI Helped Supercharge a $52B Bitcoin Bet

How AI Helped Supercharge a $52B Bitcoin Bet

May 7, 2025
Controversial Crypto Project Worldcoin (WLD) Could Crash in a Year, Says Coin Bureau’s Guy Turner – Here’s Why

Sam Altman’s Eye-Scanning Worldcoin (WLD) Launches in US

May 1, 2025
$380M In Ethereum Leaves Exchanges In 7 Days – Accumulation Trend Accelerates

$380M In Ethereum Leaves Exchanges In 7 Days – Accumulation Trend Accelerates

May 3, 2025
CryptoABC.net

This is an Australian online news/education portal that aims to provide the latest crypto news, real-time updates, education and reviews within Australia and around the world. Feel free to get in touch with us!

What's New Here!

Gann Angle Resistance Grid Predicts Surge

Gann Angle Resistance Grid Predicts Surge

May 7, 2025
Crypto Exchange Coinbase Adds Gold-Pegged Stablecoin PAXG to Listing Roadmap

Crypto Exchange Coinbase Adds Gold-Pegged Stablecoin PAXG to Listing Roadmap

May 7, 2025

Subscribe Now

  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 cryptoabc.net - All rights reserved!

No Result
View All Result
  • Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021

© 2021 cryptoabc.net - All rights reserved!

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • Heart NumberHeart Number(HTN)$0.000000-30.47%
  • TadpoleTadpole(TAD)$0.000000-1.76%
  • SEENSEEN(SEEN)$0.000000-2.27%
  • EvedoEvedo(EVED)$0.000000-0.80%
  • MarginswapMarginswap(MFI)$0.000000-2.17%
  • SakeTokenSakeToken(SAKE)$0.0000004.37%
  • WTF TokenWTF Token(WTF)$0.0000000.16%
  • BNSD FinanceBNSD Finance(BNSD)$0.000000-5.83%
  • RobotinaRobotina(ROX)$0.00000038.50%
  • CageCage(C4G3)$0.000000-3.67%