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XRP futures OI rises 25% as price chart ‘bull flag’ targets $14

cryptoweekly by cryptoweekly
May 22, 2025
in bitcoin, News
0

XRP’s price action is painting a classic bullish continuation pattern on the chart, with a profit target at around $14.

Key takeaways:

XRP price has gained 4% over the last 24 hours to $2.43, and its open interest has risen by 25%.

Positive spot market activity flips the futures funding rate positive, suggesting a return of investor optimism.

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Recent Posts
  • Hive Digital accelerates AI pivot with $100M HPC expansion — Cointelegraph exclusive
  • Judge allows testimony on ‘feasible’ Tornado Cash code changes
  • Crypto ATMs seized in the UK amid growing scrutiny of kiosk-based exchanges
  • Polymarket set to reenter US with $112M acquisition of QCEX derivatives exchange
  • StablecoinX to go public via SPAC merger, raising $360M for ENA treasury
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  • FTX seeks time to respond as creditors fight freeze on $470M foreign claims

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