Open interest in XRP futures rises 25% as chart indicates 'bull flag' targeting $14
The price movement of XRP is forming a classic continuation pattern on the chart, with a profit target around $14.
The price of XRP rose 4% in the last 24 hours, reaching $2.43, while its open interest increased by 25%.
Positive activity in the spot market boosted the futures funding rate into positive territory, suggesting the return of investor optimism.
XRP could rise to $14 if a classic bull flag pattern is confirmed.
