XRP has witnessed a remarkable 550% price rally since November 5, prompting speculation that the upcoming launch of XRP futures could push its price towards $15. The asset broke out of a symmetrical triangle on its weekly chart, indicating strong momentum. Despite recent profit-taking that caused XRP to dip slightly, analysts suggest that ongoing supportive market conditions, including favorable regulations and increased adoption, keep XRP on an upward trajectory. The Chicago Mercantile Exchange (CME) is rumored to launch XRP futures on February 10, pending regulatory approval. Though the CME has denied official confirmation and termed the leak of the futures contract information as a mistake, the speculation has already catalyzed market interest, leading to a quick 3.2% price increase. With technical indicators suggesting a price target of $15 based on symmetrical triangle analysis and bullish chart patterns, analysts express optimism for significant gains in 2025, pointing to both market conditions and technical setups as key drivers of XRP’s price movement.

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