Evernorth XRP’s SPAC momentum is the headline here, with the merger close set to create a Nasdaq-listed treasury vehicle holding roughly 473M $XRP . That’s a meaningful institutional wrapper for XRP exposure, even as spot trades at $1.49, down 1.25% in 24h and 1.8% over the latest 4h window.
The setup isn’t overheated yet: 4h RSI sits at 47, while price remains above the 20D and 50D moving averages. The key test is whether the new treasury structure brings sustained demand, not just a short-lived listing spike. 👀📈 $XRP #XRP #CryptoNews
Source: @CoinDesk on X.
The setup isn’t overheated yet: 4h RSI sits at 47, while price remains above the 20D and 50D moving averages. The key test is whether the new treasury structure brings sustained demand, not just a short-lived listing spike. 👀📈 $XRP #XRP #CryptoNews
Source: @CoinDesk on X.
