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XRP pulls back after 50 percent surge; can it recover $1.69?

XRP surged more than 50 percent before entering a pullback, but its short-term upward structure appears intact. After breaking above $1.60, it slid to $1.39 on selling pressure, a limited decline versus the prior rally. A bullish scenario remains on the 4-hour chart, with support zones below and $1.6999 cited as a key target. A close above $1.5231 is seen as needed to strengthen further gains, while a drop below $1.2657 could weaken the outlook.