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XRP Death Cross Is Complete: Next Price Levels

XRP Death Cross Is Complete: Next Price Levels

Photo: U.Today

XRP has formed a death cross on the daily chart . The 50-day average has slipped below the 200-day average near $1.37, a pattern investors often read as a sign of weak momentum. XRP trades at $1.30, well beneath both lines, and the price remains under pressure. The damage is clear in the numbers. XRP is down approximately 15% over 30 days, 29% since the start of the year, and 48% over the last year. The last bounce failed near $1.40, where several moving averages now sit close together and act as a wall.

Source: U.Today

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