XRP price has formed an asymmetrical triangle on its weekly chart, indicating strong trend momentum and a potential rally to $15 amidst enthusiasm over the anticipated CME futures launch. The Chicago Mercantile Exchange is reportedly preparing to launch futures contracts for XRP, possibly on February 10, subject to regulatory approval. This news led to a temporary surge in XRP's price, which experienced a 3.2% rise shortly after the announcement's leak on January 22. The technical setup shows that XRP’s price broke above a multi-year symmetrical triangle, signaling a larger upward trend. Analysts predict that this breakout could target a price of $15, representing a significant increase from current levels. Other analysts support the $15 target based on XRP’s adoption rates, technical patterns, and market conditions. The publication of futures contracts may further drive interest and investment in XRP as the market watches for official confirmation from CME.

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