Close Menu
FintechFetch
    FintechFetch
    • Home
    • Fintech
    • Financial Technology
    • Credit Cards
    • Finance
    • Stock Market
    • More
      • Business Startups
      • Blockchain
      • Bitcoin News
      • Cryptocurrency
    FintechFetch
    Home»Blockchain»Gann Angle Resistance Grid Predicts Surge
    Blockchain

    Gann Angle Resistance Grid Predicts Surge

    FintechFetchBy FintechFetchMay 7, 2025No Comments3 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    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



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleIn Conversation with Clear Junction’s Dima Kats: Stablecoins, Sanctions and Scaling a Niche Payments Business
    Next Article Looking for cheap stocks to buy? 2 reasons now might be the ideal moment!
    FintechFetch
    • Website

    Related Posts

    Blockchain

    Bitcoin Crashed Below $100,000 Amid US Airstrikes On Iran And Market Sell-Off

    June 23, 2025
    Blockchain

    Best Crypto to Buy as States Embrace $BTC Reserves

    June 23, 2025
    Blockchain

    $96,000 Or $144,000? Bitcoin Mayer Multiple Chart Present Price Target Options

    June 22, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    Taylor Swift Buys Back Her Masters: ‘No Strings Attached’

    June 1, 2025

    Bitcoin Rejected At Descending Resistance Again – Is $78,600 Still In Play?

    April 3, 2025

    Expert Analysis Highlights 4 Strong Bullish Indicators

    February 25, 2025

    You and Your Kids Can Develop Future-Proof Tech Skills for Only $56

    April 19, 2025

    Bitcoin (BTC) Collapses Below $80K, What’s Next?

    March 10, 2025
    Categories
    • Bitcoin News
    • Blockchain
    • Business Startups
    • Credit Cards
    • Cryptocurrency
    • Finance
    • Financial Technology
    • Fintech
    • Stock Market
    Most Popular

    Just released: May’s small-cap stock recommendation [PREMIUM PICKS]

    May 31, 2025

    Nvidia CEO Jensen Huang Says AI Tutors Are the Future

    February 27, 2025

    I asked ChatGPT to name 3 growth stocks to consider buying in today’s dip. Here they are!

    April 30, 2025
    Our Picks

    Onafriq and PAPSS Develop Access to Finance in Ghana With Cross Border Payments Service Launch

    June 23, 2025

    Thai SEC Seeks Public Feedback on Updates to Digital Asset Exchange Rules

    June 23, 2025

    5 must-use Microsoft Edge browser features to save time and money

    June 23, 2025
    Categories
    • Bitcoin News
    • Blockchain
    • Business Startups
    • Credit Cards
    • Cryptocurrency
    • Finance
    • Financial Technology
    • Fintech
    • Stock Market
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2024 Fintechfetch.comAll Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.