XRP's price might surge towards $5 if it maintains support around $2.79, fueled by a rise in futures open interest to $8.47 billion.

XRP Price Action and Accumulation

XRP is currently maintaining a position above the $2.79 Fibonacci support level.

Futures open interest has increased to $8.47 billion, suggesting significant accumulation is occurring.

This technical setup potentially signals a possible XRP breakout.