XRP price key technical points

Strong confluence at $1.74 support: Fibonacci and value area low aligned to create a high-probability bounce zone.

Point of control is the key resistance: A reclaim is required to confirm a bullish momentum shift.

Bearish structure still intact: Lower highs and lower lows remain until resistance is decisively broken.

The $1.74 region has proven to be a technically significant area for XRP. The confluence between the 0.618 Fibonacci retracement and the value area low often attracts buyers looking for discounted entries within broader ranges, particularly as institutional interest grows following recent XRP ETF filing developments. In this case, price reacted decisively, producing a rally that suggests selling pressure was absorbed effectively.

From a price action perspective, this response reflects improving demand dynamics. Instead of continued acceptance below support, XRP quickly rotated higher, signaling that buyers were willing to defend this level aggressively. Such reactions often mark short-term inflection points, particularly when they occur at high-time-frame technical confluence.