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XRP’s worth motion previously seven days has been marked by a consistent decline from $2.25, placing the goal at a possible break under $2. If XRP have been to lose this help stage, there’s a threat of an extra crash till it reaches $1.6, as there isn’t a sensible help base between these ranges. Nonetheless, an attention-grabbing technical indicator means that the cryptocurrency is headed for $9 by September 2025.
Analyst Eyes $9 XRP Target Using Gann Angle Resonance Grid
A crypto analyst just lately posted a technical projection on the social media platform X, showcasing a long-term XRP worth chart structured across the 1×1 Gann Angle Resonance Grid on the 3-day candlestick timeframe chart. According to the chart, the analyst anticipates XRP might attain a worth goal of $9.63 by early September 2025, aligning with the higher fringe of the “Topping Channel” within the Gann grid. This projection stems from the intersection of the Gann channel’s resistance trendlines and a key Fibonacci market cap extension stage on the 4.236 Fib, which the analyst identifies as a significant confluence level.
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Although a $9 target might seem a lot, as it will be far increased than XRP’s present all-time excessive of $3.40, it’s fairly conservative in comparison with some more extravagant predictions circulating throughout the XRP group. However, the $9 projection is essentially the most reasonable goal primarily based on the Gann angle resonance grid.
As it stands, the XRP worth is within the mid-base zone, now on the cusp of getting into the higher band known as the topping channel. The technical construction of the rally resembles a stair-step development, with every consolidation section occurring close to main grid traces.
Strong Support At $1.60, But $9 In September
Although the long-term outlook is a powerful surge, there may be additionally a necessity to contemplate the opportunity of a short-term draw back motion. If XRP fails to carry the mid-base stage simply above $2.00, the subsequent structural support zone is around $1.60.
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Notably, the grid-based projection locations XRP reaching the $9 goal someday round September 7, 2025. However, even when a powerful rally and stronger inflows have been to push XRP thus far, this may not be performed in a straight line however progressively via a sequence of breakouts and pullbacks. The higher the breakout, the greater the pullbacks.
At the time of writing, XRP is buying and selling at $2.14, up by 2.14% previously 24 hours with an intraday excessive of $2.17. Right now, all eyes are on whether or not it will possibly break above the descending trendline that has capped its price movement into decrease highs and decrease lows previously seven days.
Featured picture from Getty Images, chart from Tradingview.com
