Ripple Price Forecast: XRP eyes 14% pennant pattern breakout after historic $37 million outflow

XRP’s price is 2.32 USD, meeting resistance at 2.35 USD. A significant outflow of 37.2 million USD disrupted an 80-week influx of capital into XRP.

Increased derivatives market volume indicates rising trader interest. A bullish pennant pattern points to a potential price increase, targeting 2.72 USD with adequate volume for support.

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