$XRP 💥The price action of XRP is painting a classic bullish continuation pattern on the chart, with a profit target of around USD 14. The price of XRP has gained 4% in the last 24 hours to USD 2.43, and its open interest has increased by 25%.
Positive spot market activity is causing the futures funding rate to turn positive, suggesting a return of investor optimism.
XRP could rise to USD 14 if a classic bullish flag pattern is confirmed.
XRP printed a "bullish flag" triangle on the weekly chart, a technical pattern associated with strong bullish momentum. Breaking above this technical setup and an increase in demand for XRP futures could signal a surge to USD 14.