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$XRP
XRP price printed a bullish flag on the daily chart, a technical chart pattern associated with strong bullish momentum. Could this bullish setup and rising open interest signal the start of the second leg of XRP’s rally towards the double-digit zone?
Rising open interest boosts XRP price
XRP price
XRP
tickers down
€2.35
is up 15% over the past seven days after weeks of consolidation following the altcoin’s rally towards $3.00 in early December. The XRP/USD pair is up 1.5% to its intraday high of $2.44 on Jan. 6, according to data from Cointelegraph Markets Pro and TradingView.
XRP's potential to move higher is supported by the growing open interest (OI), which has increased significantly over the past 24 hours.
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