#XRPUSDT UPDATE
For the first time since Feb. 6, $XRP OI is heading toward a cross above $3B.
And the important part?
OI is rising hand in hand with price.
That tells you one thing.
Bulls are controlling this move.
But leave OI alone for a second.
Volume is exploding too.
$XRP printed a strong volume bar today, hitting 4.53B.
Price crossed $1.50 yesterday, then created a higher low around $1.45 today.
That is not weakness.
That is another huge opportunity forming.
$XRP is shaping a bullish inverse head and shoulders pattern, with $1.62 as the neckline to break.
On the lower timeframes, XRP has also formed a bull flag, and the midline of the flag is breaking.
Another 9% rise could push XRP straight toward $1.62.
If $1.62 breaks, don’t sell too early.
The H&S target points toward $2.
Strong weekly inflows also support the bigger thesis.
Institutional demand is waking up for XRP.
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