📉 $XRP Faces Possible ‘Death Cross’
XRP might soon experience a "death cross," a bearish signal where short-term and long-term moving averages cross, often predicting further price drops. Currently, XRP’s support at £0.50 is weak, raising concerns about a decline to £0.45 or even £0.42 if downward pressure continues. Investor interest at these levels may help stabilize it, but if the death cross forms, XRP’s bearish outlook could intensify.
Do you think $XRP will hold above support?
Source: U.Today, Arman Shirinyan.
