XRP Hit by Short-Term Death Cross: What Comes Next?

  • XRP, the fourth-largest cryptocurrency by market capitalization, has flashed a short-term signal that has traders on edge. A "death cross" recently appeared on the XRP hourly chart, indicating that the short-term moving average (typically the 50-SMA) has crossed below a longer-term moving average (the 200 SMA), a technical signal often associated with bearish momentum.