The post XRP Price Prediction Amid Evernorth’s $1B XRP Treasury Plan appeared on BitcoinEthereumNews.com.

The crypto market remains steady as XRP price consolidates within a well-defined structure on the weekly chart. Despite mild selling pressure, its broader pattern continues to attract technical attention. The setup signals that XRP could soon transition from accumulation to expansion if key resistance levels break. Institutional developments have also reignited optimism around its long-term trajectory. XRP Price Eyes 135% Surge Following Bullish Cup And Handle Structure The weekly chart displays a clear cup-and-handle formation, a classic setup known for signaling continuation after accumulation phases. The cup started forming in mid-January and extended to mid-July, carving out a rounded base that reflects gradual buying interest.  The handle developed into a descending channel, representing short-term profit-taking before another possible uptrend. The neckline, located near $3, forms the crucial resistance that defines the next phase of movement.  A decisive breakout above this level could confirm a 135% rally, projecting the XRP price toward $3.59 and $5.6 based on Fibonacci extensions. The current XRP market price is $2.41, hovering above the 0.236 Fibonacci retracement near $2.15, which stands as key structural support.  Sustained strength above $2.50 would confirm renewed buying momentum and increase breakout probability. If bulls maintain control, XRP could complete the handle phase and transition into a full-scale upward continuation pattern. XRP/USDT 1-Week Chart (Source: TradingView) Evernorth’s $1B Nasdaq Listing Could Accelerate Institutional Adoption Ripple-backed Evernorth plans to raise over $1 billion through a Nasdaq listing, aiming to build the largest publicly traded XRP treasury. This bold initiative reinforces Ripple’s expanding corporate network while positioning XRP as a high-value liquidity asset.  A successful listing would attract institutional investors seeking on-chain exposure, reducing token availability across exchanges. Furthermore, Evernorth’s decision underscores confidence in Ripple’s ecosystem and its growing enterprise relevance.  This move complements Ripple’s recent partnership with Absa Bank, marking its first…

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Filed under: News - @ October 21, 2025 11:29 am