📉 Technical Analysis (29 July 2025 – XRP/USDT | 4H)

🔻 Current price: 3,097 USDT🔻 Important support breakout: 3,236 USDT (0.5 Fib) has been broken down and retested. This could confirm the decline.
🔍 Fibonacci Support Areas
3,138 USDT (0.618 Fib) → There is immediate support and an effort to hold.
3,000 USDT (Horizontal support) → Strong from both psychological and technical perspectives.
2,908 – 2,915 USDT (0.786 – 0.886 Fib) → Alt support area.
2,653 USDT → Potential support in a deep decline.
🔼 Resistance Areas
3,236 USDT (0.5 Fib) → Now resistance.
3,335 – 3,426 USDT → Horizontal resistance band, selling pressure is high.
📊 Overview Summary
The price has dropped below both the 0.5 Fib and the red ascending trend.
3,138 and especially the 3,000 USDT level is critical. If it breaks below, the decline may deepen.
If the price does not remain above 3,236, the rise may be limited.
✅ Post Format
📉 XRP/USDT 4H Technical Analysis – July 29, 2025
XRP bounced off the support level at $3,236 and fell below the 0.5 Fibonacci level. Currently, the price is at $3,097 and is trying to hold the support at $3,138.
🔻 Supports:
3,138$ – 0.618 Fib
$3,000 – Psychological and technical support
2,915$ – Lower support zone
🔺 Resistances:
3,236$ – 0.5 Fib (important resistance)
$3,335 – $3,426 – Horizontal resistance band
📌 In summary: Staying below $3,138 may accelerate the decline. $3,000 is a critical threshold. It is essential to break above $3,236 for upward movement.
🧠 This is not investment advice. Stay tuned!
#XRP#