Markets· ★★· bearish·

XRP Death Cross Nears Completion as 50-Day SMA Closes In on 200-Day

  • —XRP's 50-day SMA sits about $0.01 from the 200-day average
  • —A daily close below $1.28 would trigger the death cross
  • —The signal forms slowly, requiring a run of closes under the level
Why it matters: A confirmed death cross would reinforce the bearish setup and could open the door to further downside below $1.28.
#XRP
Source: Coinotag
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