Resistance Reclaimed on the 4-Hour Structure

$XRP broke back above $1.17 during the Asia-London session overlap, closing a critical gap in its recent consolidation pattern. This level had acted as a hard ceiling over the past 72 hours, preventing sustained upside momentum. The 24-hour move of +3.40% reflects accumulation interest into this zone, with trading volume reaching $2.175B - well above the 30-day average for XRP spot markets.

The breakout above $1.17 is structural, not speculative. Price did not gap through this level; it tested, rejected, retested, and broke through on volume. This three-touch pattern is textbook confirmation that sellers had exhausted their defensive orders in this band.

Fibonacci and Intermediate Resistance Framework

$1.18 represents the next meaningful resistance on the 4H chart and sits directly atop a 0.618 Fibonacci retracement from XRP's recent swing high. This level is not arbitrary - it marks the upper boundary of a three-week consolidation range that has been building since early December. A close above $1.18 would signal a structural breakout rather than a corrective bounce.

Below the current price, $1.15 to $1.16 has transformed into dynamic support following the move above $1.17. This zone acted as a pivot point for the last three sessions and now serves as a holding level for long positioning. A rejection below $1.16 would negate the breakout thesis and retest the $1.14 support tier.

RSI and Momentum Confirmation

The RSI on the 4H timeframe is currently in the 55-65 zone, indicating neither overbought nor oversold conditions. This neutral positioning is significant: it suggests the move above $1.17 has room to extend before hitting extremes. On the daily chart, RSI sits around 50-52, which aligns with early-stage bullish structure rather than mature uptrend exhaustion.