XRP Death Cross: A Warning Signal in the Crypto Market

A new technical pattern on XRP’s daily chart is generating significant buzz in the cryptocurrency market after Coin Bureau highlighted its approaching ‘Death Cross’. The chart shows the 50-day Simple Moving Average (SMA) nearing a crossover below the 200-day SMA. While some investors have noted a recent recovery, traders often consider this formation a bearish indicator that could signal continued downward pressure in the near term.