XRP Death Cross Signals Bearish Trend, Potential Price Drops

Recent technical analysis suggests that XRP is facing a bearish trend. The cryptocurrency’s daily chart displays a death cross pattern, where the 50-day exponential moving average (EMA) crossed below the 200-day EMA. This indicator often signifies medium-term selling pressure and could potentially lead to further price declines for XRP. The phenomenon is being widely observed and discussed by prominent analysts like Umair Crypto. )