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

Date: 2025-05-22

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.XRP could rally to $14 if a classic bull flag pattern is confirmed.XRP printed a “bull flag” triangle on the weekly chart, a technical pattern associated with strong upward momentum. Breaking above this technical setup and a surge in XRP futures demand could signal a rally to $14.Increasing OI rising with XRP priceXRP (XRP) rose in tandem with the wider crypto market on May 22, fueled by Bitcoin’s rally to fresh all-time highs above $111,000. XRP price followed with as much as 5.5% gains to an intraday high of $2.45 on May...

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