What does the XRP ‘death cross’ mean for price trends?
The XRP ‘death cross’ refers to a bearish crossover between two major moving averages — the 50-day and 200-day MAs. It hasn’t fully formed yet, but if prices continue to slide, the crossover could confirm soon, indicating extended downside pressure.
Do technical indicators show potential for a recovery?
Not at the moment. Most indicators continue to show bearish momentum. The current decline could push XRP toward the $2 level, and if that fails to hold, losses could deepen toward $1.61.
Whale Activity and Market Pressure
Large XRP holders have reportedly offloaded nearly 900,000 tokens within five days, adding to the selling pressure that dragged the price to the $2.2 demand zone. Despite earlier outflows from exchanges at the start of November, buying interest hasn’t been strong enough to absorb the selling.
The failure to reclaim the $2.7 resistance level has reinforced the bearish outlook, suggesting traders remain cautious as sentiment weakens further.
The Significance of the XRP ‘Death Cross’
The 50-day and 200-day Moving Averages (MA) are key indicators in market trend analysis. When the shorter-term 50-day MA dips below the longer-term 200-day MA, it signals a potential long-term bearish phase — the so-called ‘death cross.’
Currently, the 50-day MA is nearing that critical crossover point, hinting at sustained downward momentum.
Supporting indicators confirm this trend:
CMF (Chaikin Money Flow) sits at -0.06, suggesting consistent selling pressure.
Awesome Oscillator remains below the zero line, showing bearish momentum.
A/D (Accumulation/Distribution) Line has been forming lower highs, reinforcing the weakening market structure.
