$XRP ‌ is approaching a potential resistance area, where a loss of upward momentum could create an opportunity for a move lower. Trading Ideas Short $XRP Entry: 1.3780 - 1.3900 SL: 1.4300 TP1: 1.3500 TP2: 1.3186 TP3: 1.2800 XRP is down 1.41% today at $1.3800, after failing to hold above the $1.4000 level. The price is trading below all three moving averages: MA5 at $1.4016, MA10 at $1.4020, and MA30 at $1.3991. That is a bearish alignment. The MACD histogram has turned negative, and the broader trend from the $1.5239 high remains down. The recent bounce from $1.3186 looks like a dead cat bounce, and the price is now rolling over again. If XRP loses the $1.3730 support, the next stop is the $1.3186 low, followed by $1.2800.

According to Bijiang.com, Evernorth is set to list on Nasdaq under the ticker XRPN. The company, an XRP treasury backed by Ripple, is approaching a major milestone. Evernorth community lead Hussein Zangana said trading is expected to begin in approximately one hour, making it the first major company focused on participating in the XRP Ledger to trade on the stock market. Evernorth had previously been expected to begin trading on October 8, 2026, but the launch was delayed due to administrative issues. The company plans to gradually increase the amount of XRP per share through yield strategies, ecosystem participation, and capital markets activities.