XRP – +50% Later, What’s Next?

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XRP – +50% Later, What’s Next?XRP/USDTOKX:XRPUSDTTheSignalystXRP has surged by more than 50% following our previous analysis, after strongly rejecting the psychological $1 round number and shifting momentum back in favor of the bulls. Now, after such an aggressive impulse, XRP is hovering around another important area: the $1.50 resistance zone. From here, we have two scenarios to watch. 📌 Scenario 1: A correction If sellers step in around $1.50 and XRP enters a correction, we will let the pullback develop. The red structure around $1.23–$1.25 would then become an important area to watch for new trend-following long setups. 📌 Scenario 2: Bullish continuation If XRP continues higher and manages to break above $1.60, this would confirm further bullish strength. In that case, we will expect a new bullish impulse to start, with the psychological $2 round number becoming our next major target. 🎯 For now, there is no reason to chase the move after a 50% surge. Correction toward structure? Look for longs. Break above $1.60? Look for continuation toward $2. ⚠️ Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always manage your risk and wait for proper confirmation before entering a trade. 📚 Stick to your trading plan regarding entries, risk, and management. Good luck! 🍀 All Strategies Are Good; If Managed Properly! ~Richard Nasr