Evernorth (XRPN) starts trading on Nasdaq on October 12. XRP is holding near $1.41, and every trader is watching one question. Can it stay above $1.40 and push toward $1.50? This XRP price pr
Evernorth (XRPN) starts trading on Nasdaq on October 12. XRP is holding near $1.41, and every trader is watching one question.
Can it stay above $1.40 and push toward $1.50? This XRP price prediction looks at the news, the charts, and the derivatives data.
The XRP price today is $1.4172, up 1.5% in 24 hours. Volume is rising fast.
Metric
Value
Price
$1.4172 (+1.5%)
Market cap
$89.32 billion
Futures volume (24h)
$1.83 billion
Spot volume (24h)
$299.49 million
Open interest
$3.10 billion
Circulating / max supply
63.12 billion / 100 billion
The latest XRP news is the XRPN Nasdaq listing. Evernorth closed its merger with Armada Acquisition Corp. II on Friday.
Armada II is a blank check company. Its own financials say little about the new business.
The deal and private placements raised over $1 billion. Backers include Ripple, SBI Group, Kraken, and Pantera Capital.
Note that the token itself is not listed on Nasdaq. Investors buy a company's stock instead.
Evernorth XRPN holds about 473 million tokens and roughly $300 million in gross cash. At today's price, the tokens alone are worth about $670 million.
It calls itself an actively managed Ripple XRP treasury. Plans include institutional lending, DeFi, and liquidity provisioning to earn yield.
Some see a blueprint for other treasury firms. Others want to see how the stock trades first.
ETFs tracking the token already exist and are said to be doing well. No fresh XRP ETF inflow numbers were available, so none are quoted here.
The 4-hour chart shows a descending channel. Price was rejected near $1.52 to $1.55, fell to about $1.34, then bounced.
At $1.4191, price is above the 20 EMA but below the 50, 100, and 200 EMAs. The short-term view stays cautious.
RSI is near 52. Momentum is recovering, but slowly.
Indicator
Reading
20 EMA
$1.4091
50 EMA
$1.4319
100 EMA
$1.4487
200 EMA
$1.4326
RSI (14)
52.06
For XRP support and resistance, bulls must first clear the EMA cluster.
Type
Level
Note
Resistance
$1.433 to $1.45
EMA zone
Resistance
$1.47 to $1.50
Next targets
Support
$1.40 to $1.38
Short-term floor
Support
$1.34
Recent low
Weekly support
$1.24, $1.06
Deeper levels
Weekly resistance
$1.67
Major breakout
A sustained move above $1.45 to $1.47 helps bulls. A drop under $1.38 makes more losses likely.
XRP derivatives data looks mixed. The 24-hour long/short ratio is 0.9275, so shorts hold a slight edge overall.
Account ratios lean long. Binance shows 2.319, and OKX shows 3.05. Binance top traders sit at 2.6928 by accounts and 2.0738 by positions.
Window
Total liquidations
Longs
Shorts
4 hours
$169.95K
$78.93K
$91.02K
12 hours
$493.94K
$322.90K
$171.04K
24 hours
$1.78M
$351.43K
$1.43M
The 12-hour window hurt longs more. Over 24 hours, shorts took the bigger hit.
Open interest rose 1.76% to $3.11 billion. Options volume jumped 429.48% to $8.30 million, and options open interest is $66.77 million.
One analyst sees a repeating weekly pattern. In 2018 to 2020 and 2021 to 2024, a fourth touch of a falling trendline came before a big move.
The 2025 to 2026 structure has three touches so far. A fourth may be forming.
This XRP price forecast needs a weekly breakout above $1.67 first. The analyst lists $3.57, $9.36, and $15.47, with an extension to $31.86.
Those are not guarantees, and history does not always repeat. The bigger trend is called bullish; the short-term trend is corrective.
This article is for information only. It is not financial, investment, or trading advice. Crypto prices are highly volatile, and you can lose money. Do your own research and speak to a licensed financial advisor before you invest.
