Key Takeaways:
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The XRP price gained 4% in the last 24 hours up to $ 2.43, and its open interest rose 25%.
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The activity of the positive area of the market flows at the positive rate of funding of futures, suggesting a return of investor optimism.
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The XRP can rally at $ 14 if a classic bull flag pattern is confirmed.
The XRP has printed a “bull flag” triangle in the weekly chart, a technical pattern associated with strong upward momentum. Breaking above this technical setup and a promotion of XRP futures demand can signal a rally for $ 14.
OI increase that rises in XRP prices
XRP (XRP) Rose in conjunction with Widely Crypto market On May 22, that -fueled by Bitcoin’s rally at Fresh all-time highs of over $ 111,000.
The XRP price followed with nearly 5.5% recovered at an intraday of $ 2.45 on May 22 from a low $ 2.33 on May 21.
Its Open interest (OI) climbed 25% in the last 24 hours to $ 4.95 billion on May 22, signed the return of derivatives and more capital to the market.
Historically, significant jumps at OI have preceded the major rallies in XRP prices. For example, the current scenario reflects the increase in XRP price when the president of the US Trump taught the creation of a crypto strategic reserve To include XRP, Solana (Sol), and Ada by Cardano (Ada) In early March, leading to a 46% jumping to OI up to $ 4.63 billion from $ 3.05 billion between March 2 and March 3.
Related: Why is the crypto market today?
It accompanies a 36% increase in XRP price to a high $ 2.96 from a low $ 2.17 at the same time.
Meanwhile. It suggests increasing bullishness in retail retail derivatives.
Is XRP price going for a double number?
XRP/USD pair is properly positioned to resume it Bullish momentum As it paints a classic bullish pattern on the chart.
XRP price action leads to the formation of a Bull flag Pattern on the weekly chart since November 5, 2025, as shown in the figure below. A weekly candle close to the upper bound of the flag at $ 2.48 will make another rally.
The target is set by flagpole height, which is around $ 14.50, an approximately 500% increase from the current price.
Other bullish indicators include the support provided by the simple moving averages seated between $ 2.20 and $ 2.30 in the sun -day time and the KaMag -Kaba -child index -child -child Reset only above 50 marks.
Many analysts also have Predicted additional acquisitions for XRPThe technical charts are mentioned and the price holds more than the support levels.
Market Analyst Dom Highlighting The price of that XRP is held perfectly above the monthly and quarterly volume-weighted average price (VWAP) of $ 2.32 and $ 2.27.
The analyst emphasized that Altcoin should flip the all-time high VWAP to $ 2.47 to maintain a continuation of continuation.
“The trigger for a leg up will clean the ATH VWAP (green). Watching well for the bulls it will take place shortly.”
As reported by Cointelegraph, the price of XRP may be rise between $ 5.24 and $ 17 In 2025 based on a symmetrical target triangle and Fibonacci projections.
This article does not contain investment advice or recommendations. Every transfer of investment and trading involves risk, and readers should conduct their own research when deciding.
