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XRP Eyes $9 Breakout by September as Gann Angles Flash Bullish Signal

XRP Eyes $9 Breakout by September as Gann Angles Flash Bullish Signal

Author:
Newsbtc
Published:
2025-05-07 19:00:35
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XRP traders are buzzing after a classic technical analysis tool—the Gann Angle Resistance Grid—paints a path to $9 by September. Here’s why the charts are screaming ’buy’ despite crypto’s usual volatility.

Gann Theory 101: The century-old method—beloved by traders who think Fibonacci retracements are for amateurs—suggests XRP’s consolidation phase is setting up a parabolic move. When the angles align, the price tends to obey.

Market Realities: Of course, this assumes the SEC doesn’t suddenly rediscover its hatred for altcoins, or that crypto whales don’t decide to pump-and-dump for the 47th time this year. But for now? The math looks spicy.

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

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