XRP Death Cross Sparks Recovery Potential Discussion

Despite falling 8.22% in the last seven days, dragging XRP from $2.34 to its recent support of $2.10, the digital asset’s technical indicators paint a mixed picture. The death cross triggered by the nine-day SMA crossing below the longer-term 21-day SMA signals potential bearish movement. However, trading volume shows a significant spike, jumping to a staggering $2.01 billion, suggesting active market participation and potential for reversal.