$XRP brought 473 million XRP to Nasdaq, but the price moved just 0.69% in a day
Up 0.69% over 24 hours, with the current price at 1.4056. The price is at 48.4% of the range, right around the midpoint of the 24-hour range of 1.3865–1.426, with a 2.85% swing.
Trading volume was 514 million U, 1.8 times that of the previous window, ranking seventh. Volume did pick up, but the price didn't follow: the three most recent closed 1-hour candles closed at 1.4095, 1.4091, and 1.4038, forming an almost flat line. The intraday volume peak came at 15:00 UTC, reaching 3.8 times the average, but still couldn't push the price above 1.42.
Today's substantive news was significant: Evernorth completed its SPAC merger and listed on Nasdaq with 473 million XRP; meanwhile, the XRP Ledger Foundation clarified the security patch controversy, saying that no XRP had been issued. The news is out, and the market is treating it as already priced in.
1.3865 is the bull-bear dividing line. If it holds, 1.46 is only a matter of time.
#XRPTreasuryCompanyEvernorthCompletesSPACMerger
Up 0.69% over 24 hours, with the current price at 1.4056. The price is at 48.4% of the range, right around the midpoint of the 24-hour range of 1.3865–1.426, with a 2.85% swing.
Trading volume was 514 million U, 1.8 times that of the previous window, ranking seventh. Volume did pick up, but the price didn't follow: the three most recent closed 1-hour candles closed at 1.4095, 1.4091, and 1.4038, forming an almost flat line. The intraday volume peak came at 15:00 UTC, reaching 3.8 times the average, but still couldn't push the price above 1.42.
Today's substantive news was significant: Evernorth completed its SPAC merger and listed on Nasdaq with 473 million XRP; meanwhile, the XRP Ledger Foundation clarified the security patch controversy, saying that no XRP had been issued. The news is out, and the market is treating it as already priced in.
1.3865 is the bull-bear dividing line. If it holds, 1.46 is only a matter of time.
#XRPTreasuryCompanyEvernorthCompletesSPACMerger