XRP’s price action over the past week has been marked by a consistent decline from $2.25, with analysts pointing to a crucial support level at around $2. Should XRP falter below this threshold, there exists a considerable risk of a further crash targeting approximately $1.60, as there appears to be a lack of significant support between these two levels. However, despite the immediate downturn, intriguing technical indicators suggest that the cryptocurrency could surge towards $9 by September 2025.
Analyst Eyes $9 XRP Target Using Gann Angle Resonance Grid
A prominent crypto analyst recently shared a technical projection on the social platform X, illustrating a long-term XRP price chart based on the 1×1 Gann Angle Resonance Grid within a 3-day candlestick timeframe. This analysis indicates that XRP may hit a price target of $9.63 by early September 2025, coinciding with the upper boundary of the “Topping Channel” identified in the Gann grid. The projection derives from the intersection of resistance trendlines in the Gann channel and a pivotal Fibonacci market cap extension level at the 4.236 Fib, which the analyst deems a crucial confluence point.
While a $9 target may seem ambitious, being significantly higher than XRP’s current all-time high of $3.40, it remains conservative in comparison to some more extravagant predictions circulating among the XRP community. Nevertheless, the $9 projection is deemed the most feasible based on the Gann angle resonance grid.
Currently, XRP’s price resides in the mid-base zone, on the verge of entering the upper band known as the topping channel. The technical structure of the rally exhibits a stair-step progression, with consolidations frequently occurring near significant grid lines.
Strong Support At $1.60, But $9 In September
While the long-term outlook suggests a robust uptrend, it is equally important to account for the potential of short-term downward movements. Should XRP fail to maintain its position above the mid-base level of $2, the next structural support zone lies around $1.60.
Importantly, the grid-based projection anticipates XRP reaching the $9 target by September 7, 2025. Even if market dynamics lead XRP to this level, the ascent is unlikely to be linear; rather, it is expected to unfold gradually through an array of breakouts and pullbacks. The magnitude of the breakout will influence the severity of subsequent pullbacks as historical patterns suggest.
At the time of this analysis, XRP is trading at $2.14, experiencing a modest increase of 2.14% over the past 24 hours, with an intraday high of $2.17. Market participants are closely monitoring whether XRP can successfully breach the descending trendline that has constrained its price movement into successive lower highs and lower lows during the past week.
