Don't Just Read the News, Understand It.
Published loading...Updated

XRP price path to $3.40 remains intact — Here is why

Summary by Cointelegraph
Key takeaways:XRP price is forming a bullish V-shaped recovery pattern targeting $3.40.A 53% surge in open interest to $5.06 billion signals bullish sentiment.XRP (XRP) price shows positive signs as a bullish technical pattern emerges on its weekly chart, coinciding with increasing open interest.Increasing OI backs XRP upsideXRP price is down 2% over the last 24 hours to trade above $2.40 on May 16, but has gained 13% over the past two weeks as …
DisclaimerThis story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

Bias Distribution

  • There is no tracked Bias information for the sources covering this story.
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Cointelegraph broke the news in on Friday, May 16, 2025.
Sources are mostly out of (0)