I believe that XRP will continue consolidating before the next move higher. As you can see on the first move, it took about 3 days until the next move to the upside. I am expecting the same thing with this current move. I am thinking we move to $2.50 and trade sideways for the next leg higher.
The pattern I believe we are looking at is a symmetrical triangle with a move to the upside once we consolidate at current levels.
DISCLAIMER: I have been holding positions long from $1.11 and $1.94 with no plans to add more.