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Immediate State: The price is in a clear consolidation phase after a sharp decline from above $3.60. It is currently testing a critical resistance zone.
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Analyse this xrp in 4h and give important notes and trends and predict where next and give an image of your predication with grids and margins
Show thinking
Of course. Based on the screenshot you provided and the current time, here is a detailed technical analysis of the XRP/USDT 4-hour chart.
XRP/USDT 4-Hour Chart Analysis (As of July 27, 2025)
Current Status:
Price: ~$3.1938
Timeframe: 4-Hour
Immediate State: The price is in a clear consolidation phase after a sharp decline from above $3.60. It is currently testing a critical resistance zone.
Key Pattern: Ascending Triangle The most prominent pattern on this chart is an ascending triangle. This is typically a bullish continuation pattern characterized by a flat, horizontal resistance line that the price has struggled to break.A rising trendline of support, created by a series of "higher lows". This pattern suggests that buying pressure is gradually increasing, squeezing the price towards a potential breakout to the upside
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