XRP Faces Potential Technical Warning: Death Cross Looms

Ripple (XRP) is experiencing renewed price pressure this week, dropping to a low of $2.08 following a sharp decline. Although the asset has partially recovered, it remains down 15.32% from last week’s value. This recent downturn has fueled concerns about XRP’s future trajectory as a technical signal points towards potential market instability. Coin Bureau on X recently highlighted that XRP’s 50-day moving average (MA) is poised to cross below its 200-day MA, a classic death cross pattern.