XRP Faces Short-Term Pressure Amid Back-to-Back Death Crosses, Long-term Support Emerges

Recent price movements of XRP are raising concerns for its future against Bitcoin (BTC). The cryptocurrency has experienced two consecutive death crosses on the daily chart, which often signals a decline in short-term momentum. This pattern involved the 23-day moving average falling below the 200-day average, followed shortly by the 50-day curve crossing beneath it as well. These occurrences can be interpreted as a weakening of XRP’s short-term trend.