XRP trades at $1.41, down more than 6% over the week. Evernorth’s Nasdaq debut under the ticker XRPN, expected on October 12, puts a publicly traded company with a reported 473 million XRP treasury and roughly $300 million in gross cash proceeds in focus. XRP hovers near the immediate resistance zone at $1.42, below the key $1.50 to $1.56 band required for a stronger recovery setup. Support is clustered between $1.30 and $1.34, with a deeper invalidation area at $1.26. Market participants will watch the price and volume response after XRPN begins trading to determine whether the event can attract enough institutional demand to move the needle.
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