Skip to content
Airdrop News

Airdrop news, gathered from 259 outlets every half hour

XRP Price Warning: Will XRP Crash Below $1 After Death Cross Signal?

Picture: The Crypto Basic

XRP may fall below $1 again after showing a bearish signal that previously led to a 30% price drop, according to crypto analyst ChartNerd. In a post on X, ChartNerd said XRP formed a daily 20/50 EMA death cross on October 19. This occurs when the 20-day exponential moving average (EMA) falls below the 50-day EMA, signaling weakening price momentum. The analyst noted that XRP has struggled to recover above both moving averages, raising concerns about another potential price decline.

You are reading an excerpt. The Crypto Basic wrote and owns the full article.

Continue reading at thecryptobasic.com

Related stories

More crypto news

All Crypto & Bitcoin