XRP price formed a bull flag on the daily chart, suggesting potential upward momentum. The price has increased by 15% over the last week, trading at $2.44 on Jan. 6, following a rally to nearly $3.00 in December. Significant growth in open interest (OI) in the past 24 hours, up from $2.6 billion to $3.7 billion, indicates that investors are anticipating further price increases, supporting more trading activity. Notable historical jumps in OI have often led to dramatic price rallies for XRP. Analysts project a potential breakout as XRP's price closes above $2.41, with the target set around $15, a 520% increase from current levels. Besides the bull flag pattern, bullish signals include support from the 50-day simple moving average at $2.10 and a relative strength index just above 50. Several forecasts suggest XRP could reach $15 by 2025, driven by market sentiment and adoption growth.

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