XRP Poised for Explosive Move: Futures Signal Rally as Charts Flash Imminent Breakout

Futures markets are screaming bullish—while technicals hint XRP could detonate any second. Here’s why traders are glued to their screens.

Forget ’buy the rumor, sell the news.’ This time, even the suits in structured products seem to agree with the crypto degens.

Chart patterns suggest a coiled spring: Symmetrical triangles, tightening Bollinger Bands—classic precursors to volatility. Meanwhile, open interest in XRP futures just hit a 3-month high. When derivatives and technicals align, things get spicy.

Of course, in crypto-land, ’imminent’ could mean 5 minutes or 5 weeks. But with Ripple’s legal overhang finally lifting? The stars may actually be aligning for once—unless some hedge fund ’risk manager’ blows it up with overleveraged nonsense.

Open interest in XRP futures across top exchanges have increased since May 7 from $3.6 billion to $4.8 billion – a 29.7% increase in less than a month. However, during this period, the price has gone up by just 8.5% from $2.13 to $2.31.

XRP Price Prediction: XRP Could Drop to $2 Before Rising to a New All-Time High

XRP’s daily chart shows that the price has broken its bullish structure and has already retested this former support from below.

This is a bearish indication in the NEAR term but not necessarily a sign of an impending collapse as the market needs to raise liquidity for the next leg up.

The 200-day exponential moving average (EMA) seems like the most plausible landing zone for XRP as it coincides with a key psychological level at $2 per token.

It is highly likely that bears will push the price to this threshold to unlock additional liquidity in the next few days to catalyze a pronounced move.

In bull markets, short squeezes tend to be one of the most effective ways to propel the price of an asset higher. Hence, a break below $2 could be what the token needs to recapture buyers’ interest and support a bullish xrp price prediction to $3 at least.

Patient investors and traders will benefit the most if they wait for the best entry, which is probably the $2 level.

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