XRP falls below short-term support ahead of Evernorth Nasdaq listing
Image: Crypto.newsXRP traded near $1.39 after losing short-term support. Both reports point to $1.32 as a downside reference. The token is below its 50-day moving average near $1.43, and a report put the 200-day average at $1.2805. XRP futures open interest fell 8.6% over the past week, and trading volume dropped more than 53% in 24 hours. Evernorth's Nasdaq listing is scheduled for October 12.
Key points
- Evernorth's Nasdaq listing is a focus around XRP trading.
- XRP traded below a short-term support level.
Why it matters
XRP is trading below short-term support while derivatives activity cools. The Evernorth Nasdaq listing is a near-term focus for traders, and $1.32 is the commonly cited downside level.
What's unclear
The reports cite different short-term support levels: $1.43 and $1.40.
Whether Evernorth's Nasdaq listing will generate demand for XRP or become a sell-the-news event is explicitly unknown.
Price context · XRP
At publication
$1.40
Now
$1.40
Change since
+0.00%
7 days · dashed line = publication
Sources · 2 publishers
Coinspeaker
Tier 3
XRP Price Forecast: $1.40 Support Lost Ahead of XRPN Listing
Coverage timeline
- First reported by Crypto.news
- Confirmed by Coinspeaker
- CryptoVideos brief published
How this brief was made. Our system found this event in 2 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error
