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CME XRP Futures Hit $542M as Breakout Nears: Price Targets $2.65

  • CME XRP futures saw $542 million in trading volume during the first month, with 45% of trades coming from outside North America.
  • XRP price targets a breakout at $2.4558 and $2.6549, supported by bullish technical patterns like a descending wedge formation.
  • The breakout could lead to a significant price increase, as volume analysis and chart patterns signal potential upward momentum.
  • Weekly candlestick analysis suggests a bullish reversal, with supporting indicators like RSI and Stochastic RSI showing positive momentum.

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