XRP Faces Crucial Test as Bearish Signal Appears ⚠️
XRP is currently showing signs of a death cross — a bearish pattern that signals weakening momentum, not necessarily a crash. 📉 The price has been struggling near the 50-day SMA around $2.17, reflecting hesitation from the bulls. 🐂
🕰️ In May 2024, a similar setup led to a long period of consolidation before XRP eventually kicked off a strong rally in November. Will history repeat?
Key Level to Watch:
🔹 Resistance at $2.36 (last tested on April 28)
🔹 Ongoing battle around $2.17
Traders are eyeing the next move closely — breakout or breakdown?
