XRP Price Tests $1.48 Support Amid Evernorth Deal Progress
XRP's price has fallen to around $1.48 as Evernorth's proposed 473 million XRP treasury deal advances.
The deal cleared a shareholder vote, with Armada shareholders approving it by a wide margin.
According to analyst Ali Charts, XRP is forming a symmetrical triangle on the hourly chart and needs an hourly close above $1.54 to confirm the breakout.
If the breakout happens, it could trigger a 10% rally towards $1.70.