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

Main meals:

• The price of XRP has gained 4 % over the past 24 hours to $ 2.43, and its open attention has increased by 25 %.

• The positive market activity turns positively positively, indicating the return of invested optimism.

• XRP can collect to $ 14 if the classic science pattern is confirmed.

The XRP printed the “Taurus” triangle on the weekly graph, a technical pattern linked to strong bullish momentum. The fracture of this technical setting and the increase in demand for XRP futures may indicate a rise to $ 14.

Increase OI’s height at XRP price

XRP (XRP) risen along with the broader encryption market on May 22, backed by Bitcoin gathering to the highest level ever above $ 111,000.

The price of XRP follows up to 5.5 % of the gains to the highest level per day $ 2.45 on May 22, from a decrease of $ 2.33 on May 21.

Its open interest (OI) has increased by 25 % over the past 24 hours to $ 4.95 billion on May 22, indicating the return of derivatives and more capital in the market.

Historically, major leaps in OI have preceded the main gatherings of the XRP price. For example, the current scenario reflects the rise in XRP prices when US President Trump ordered the creation of a strategic encryption reserve to include XRP, Solana (SOL) and Cardano’s Ada (ADA) in early March, which led to a 46 % jump in OI to $ 4.63 billion from $ 3.05 billion between 2 and 3 March.

Related to: Why is the encryption market today?

This was accompanied by an increase of 36 % at the price of XRP to $ 2.96 from a decrease of $ 2.17 during the same period.

Meanwhile, the 8 -hour permanent financing rate of XRP 0.0126 % on May 22, an improvement in the level of 0.0033 % observed on May 21. It is now much higher than the -0,0005 % recorded three weeks ago. This indicates an increase in the rise between the derivative retailers.

Is the XRP price for double numbers?

XRP/USD pair in a good position to resume its bullish momentum because it draws a classic bullish style on the graph.

The XRP price has led to the formation of a bull science pattern on the weekly graph since November 5, 2025, as shown in the figure below. The weekly closure on the candlestick will lead to the upper limits of science at $ 2.48 to another march.

The target of the flag is determined, which is about $ 14.50, an increase of approximately 500 % over the current price.

Other budget indicators include the support provided by simple moving averages sitting between $ 2.20 and $ 2.30 on the daily time frame and reset the relative strength index above 50 marks.

Several analysts also predicted more gains for XRP, citing the technology of plans and prices above the main support levels.

Market analyst Dom High The XRP price has been completely higher than the average monthly and separate volume prices (VWAPS) of $ 2.32 and $ 2.27.

The analyst confirmed that altcoin should turn the high VWAP at all at $ 2.47 to keep the rise.

“The trigger for the legs will remove the ATH VWAP (Green). It is closely monitored for bars to make this happen soon.”

As CointeleGRAph said, the price of XRP may rise to between $ 5.24 and $ 17 in 2025 based on a similar triangular goal and Vibonchi expectations.

This article does not contain investment advice or recommendations. Each step includes investment and risk trading, and readers must conduct their own research when making a decision.