
- Ripple’s XRP has risen nearly 20% following a 75% growth in its futures open interest.
- Options traders could defend the $0.72 level as a large pool of call options is concentrated on that price.
- XRP could rally nearly 50% if it breaks above the neckline resistance of an inverted head and shoulders pattern.
Ripple’s XRP rallied nearly 20% on Tuesday, defying the correction seen in Bitcoin and Ethereum as investors seem to be flocking toward the remittance-based token. On the technical side, XRP could rally nearly 50% if it sustains a firm close above the neckline resistance of an
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