đ€ Can a $659M treasury stock wake up $XRP this week?
â Evernorth closed its SPAC deal; XRPN lists on Nasdaq Monday
â ~473M XRP + $300M cash; Ripple, SBI, Pantera, Kraken back it
â ïž 84.4M of it bought at ~$2.54 avg: ~45% under water at $1.393
â ïž XRP -0.8% today, under the 1D 20 EMA ($1.45), RSI 43
đ Key levels: Oct 10 high $1.413 · Oct 8 low $1.319
đŻ My take: daily close over $1.413 = debut bid; lose $1.319, eyes $1.25
đŹ Will XRPN's debut move XRP, or is it priced in? đ
#XRP #Ripple #Nasdaq
â Evernorth closed its SPAC deal; XRPN lists on Nasdaq Monday
â ~473M XRP + $300M cash; Ripple, SBI, Pantera, Kraken back it
â ïž 84.4M of it bought at ~$2.54 avg: ~45% under water at $1.393
â ïž XRP -0.8% today, under the 1D 20 EMA ($1.45), RSI 43
đ Key levels: Oct 10 high $1.413 · Oct 8 low $1.319
đŻ My take: daily close over $1.413 = debut bid; lose $1.319, eyes $1.25
đŹ Will XRPN's debut move XRP, or is it priced in? đ
#XRP #Ripple #Nasdaq