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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
  • Iranian crypto exchange Nobitex reportedly exploited for $73M: ZachXBT
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  • Agriculture firm AgriFORCE powers 120 crypto miners with natural gas
  • Archetyp dark web market shut down, but ecosystem adapts: TRM Labs
  • Washington’s second-biggest city, Spokane, bans crypto ATMs
  • Spanish bank BBVA suggests clients make 7% crypto allocation
  • Bitcoin and HYPE could get $844M total windfall from 4 public US firms

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