The cryptocurrency XRP is showing signs of a strong bullish continuation and is consolidating within a re-accumulation phase, bringing it closer to its all-time high. The token's daily chart analysis reveals key technical levels that support a likely breakout in the coming weeks. XRP is trading above important moving averages and is supported by a critical support area. Analysts predict a breakout in the next 16-20 hours, with a target price of $5.85 and the potential for further gains. Open interest in XRP has been increasing, indicating heightened trader activity and interest in the cryptocurrency. Overall, the bullish sentiment and growing open interest suggest that XRP may continue to rise towards its target price and beyond.



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