XRP Price Faces First Death Cross In 14 Months – What’s Next?
XRP is approaching a technical Death Cross after a recent rally, but restrained selling suggests sustained upward momentum is possible.Summary
XRP price has recently surged, but it faces the technical risk of a Death Cross on its daily chart, where the 50-day EMA threatens to cross below the 200-day EMA, signaling bearish momentum. This is significant because XRP has maintained a bullish Golden Cross structure for 14 months since November 2024. However, on-chain data shows resilient investor behavior, with only modest selling (about $51 million worth of XRP) moving to exchanges despite a 16% price increase, suggesting confidence. Technical indicators like the Money Flow Index (MFI) are also rising, confirming demand-driven strength. If current momentum holds and selling remains muted, XRP could extend gains toward $2.20 and $2.31; conversely, a shift to selling could revive the Death Cross risk, pulling the price below $2.00.
(Source：BeInCrypto)