๐ฅ $XRP treasury stock XRPN ran +273% in a week. XRP itself? +0.7%
1๏ธโฃ XRPN went $10.58 โ $39.42, briefly tagged $53
2๏ธโฃ Evernorth expects ~473M XRP at close, worth ~$714M
3๏ธโฃ ~80% of trust cash may be redeemed, so the float is tiny
โข XRP $1.509 ยท 1H RSI 49 ยท stuck under the $1.555 Oct 2 high
๐ฏ My take: the stock is a float squeeze; XRP needs $1.555 to follow
๐ฌ Would you buy XRP or the treasury stock here? ๐
#XRP #Ripple #CryptoNews
1๏ธโฃ XRPN went $10.58 โ $39.42, briefly tagged $53
2๏ธโฃ Evernorth expects ~473M XRP at close, worth ~$714M
3๏ธโฃ ~80% of trust cash may be redeemed, so the float is tiny
โข XRP $1.509 ยท 1H RSI 49 ยท stuck under the $1.555 Oct 2 high
๐ฏ My take: the stock is a float squeeze; XRP needs $1.555 to follow
๐ฌ Would you buy XRP or the treasury stock here? ๐
#XRP #Ripple #CryptoNews

