XRP completes death cross as 50-day average slips below 200-day near $1.37
- —50-day SMA crossed below the 200-day SMA near $1.37
- —XRP trades at $1.30, below all key moving averages
- —Down 15% in 30 days, 29% year-to-date and 48% over the year
- —RSI near 40 signals weakness but not yet oversold
Why it matters: A daily close below $1.25 opens the way to $1.20 and $1.15, while reclaiming $1.40 would weaken the bearish signal.
Source: U.Today