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XRP Price Warning: Will XRP Crash Below $1 After Death Cross Signal?

XRP Price Warning: Will XRP Crash Below $1 After Death Cross Signal?

Photo: The Crypto Basic

XRP may fall below $1 again after showing a bearish signal that previously led to a 30% price drop, according to crypto analyst ChartNerd. In a post on X, ChartNerd said XRP formed a daily 20/50 EMA death cross on October 19. This occurs when the 20-day exponential moving average (EMA) falls below the 50-day EMA, signaling weakening price momentum. The analyst noted that XRP has struggled to recover above both moving averages, raising concerns about another potential price decline.

Source: The Crypto Basic

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