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Posted by
Two Blokes Jun 14 -
Filed in
Crypto
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2 views
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.