XRP death cross confirmed as token slides to $1.30

XRP formed a death cross on the daily chart, with the 50-day moving average slipping below the 200-day moving average near $1.37. The token currently trades at $1.30, placing it below both technical indicators and signaling a shift in momentum. The recent price action reflects significant downward pressure. XRP is down approximately 15% over the last 30 days, 29% since the start of the year, and 48% over the past year. The most recent attempt to bounce failed near $1.40, a level where several moving averages have converged to form a resistance wall.