• 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
26
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

Next Post

Alex Mashinsky’s Lawyers Slam DOJ’s ‘Death-in-Prison’ Recommendation, Ask for Lenient One-Year Sentence

Next Post
Alex Mashinsky’s Lawyers Slam DOJ’s ‘Death-in-Prison’ Recommendation, Ask for Lenient One-Year Sentence

Alex Mashinsky’s Lawyers Slam DOJ’s ‘Death-in-Prison’ Recommendation, Ask for Lenient One-Year Sentence

You might also like

Binance Launches Defamation Lawsuit Against Wall Street Journal Over Iran Sanctions Claims

Binance Launches Defamation Lawsuit Against Wall Street Journal Over Iran Sanctions Claims

March 12, 2026
Ethereum Price Prediction: Wall Street Is Choosing Ethereum — Is ETH Becoming the Backbone of Finance?

Ethereum Price Prediction: Wall Street Is Choosing Ethereum — Is ETH Becoming the Backbone of Finance?

March 12, 2026
BitMine Acquires 60,000 ETH; Chair Discusses Outlook For Ethereum And Crypto Prices

BitMine Acquires 60,000 ETH; Chair Discusses Outlook For Ethereum And Crypto Prices

March 10, 2026
India Arrests Darwin Labs Co-Founder in $2.4B GainBitcoin Scam Investigation

India Arrests Darwin Labs Co-Founder in $2.4B GainBitcoin Scam Investigation

March 12, 2026
Bitcoin May Sink To $50K, Standard Chartered’s Kendrick Warns

Bitcoin May Sink To $50K, Standard Chartered’s Kendrick Warns

March 11, 2026
Solana Price Prediction: 30 Institutions Just Poured $540M Into Solana ETFs — Is a Massive Rally Next?

Solana Price Prediction: 30 Institutions Just Poured $540M Into Solana ETFs — Is a Massive Rally Next?

March 10, 2026
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!

Hyperliquid (HYPE) Could See Prices Reach $190 In Optimistic Market Capture Scenario

Hyperliquid (HYPE) Could See Prices Reach $190 In Optimistic Market Capture Scenario

March 14, 2026
Billionaire Says Stablecoins Could Power Global Payments in 10–15 Years

Billionaire Says Stablecoins Could Power Global Payments in 10–15 Years

March 14, 2026

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
Please enter CoinGecko Free Api Key to get this plugin works.