XRP is currently testing a key resistance level at $1.54 as Ripple has unlocked one billion XRP tokens in tranches of 400, 300, 300, and 100 million. The price of XRP reached $1.665 before falling back to around $1.49, with rising support at $1.45 to $1.47. Evernorth plans to list XRP on Nasdaq with approximately 566 million tokens and over $1 billion in committed capital. The outcome will depend on whether institutional demand can absorb the additional supply entering the market.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
