XRP Breaks Out! Could This Be the $3 Party We’ve All Been Waiting For? 🚀

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Hold onto your crypto hats, folks-the XRP saga just got spicy. Turns out, XRP did its version of a charismatic bra-blocking jump shot, officially completing a short-term “golden cross” against Bitcoin. Basically, it’s when the shiny, short-term MA (the MA 50, not your mysterious love life) crosses above the long-term OG of MAs (the MA 200-like that friend who’s been around since forever), signaling that maybe, just maybe, XRP is feeling confident enough to put on a show on the 45-minute charts. 🎯

And just to sprinkle some extra fun, XRP outperformed Bitcoin in gains over the past 24 hours-6% versus Bitcoin’s modest 4%. Who says crypto isn’t competitive? Not us.

Hint: A golden cross has just popped up on the XRPUSD chart, which is basically the chart’s way of saying, “Hey, I’m feeling optimistic, maybe we’re trending upward real soon!”

At the moment, XRP is cruising at $2.45, hitting a high of $2.48, as it stubbornly extends its recovery into the third day from a low of $2.19 on October 17-talk about a comeback story. Yet, don’t get too comfy; the real challenge is getting past the naughty little resistance levels at $2.58 and $2.82. Think of them as the bouncers at the crypto club. Break through those, and the elusive $3 might just become reality again. 🧐

$1 Billion Transaction Creates the Largest Public XRP Treasury – Because Why Not? 💰

In a move that screams “big money,” Evernorth, a shiny new Nevada corporation, has launched with a jaw-dropping $1 billion fund. They didn’t just pull this out of thin air-they got backing from SBI, Ripple, Rippleworks, Pantera Capital, Kraken, and GSR. Plus, Ripple’s very own Chris Larsen is in on the fun, making Evernorth the biggest public XRP treasury out there. It’s like the crypto equivalent of a Hollywood blockbuster-superstar investors, a big budget, and a lot of hype.

This new entity aims to give investors a peek into XRP through a shiny publicly listed vehicle and set the stage for DeFi (decentralized finance)-think of it as XRP’s party into the wild, wild West of finance, leveraging Ripple’s RLUSD stablecoin as the VIP pass to the XRP-based DeFi scene.

And Chris Larsen? Well, he’s throwing in a cool $50 million worth of XRP, because, as he says, “Congrats the evernorthxrp team on today’s launch. Evernorth provides the missing link today on XRP capital markets, and XRP usage in DeFi products.” Basically, he’s investing while hinting that things are about to get interesting. Wallet moves might happen-so keep your eyes peeled, internet sleuths!

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2025-10-20 19:22