XRP Rockets Back: Death Cross Dodged, Eyes $2.50 Breakout
Just when it looked like XRP was about to face the music with a dreaded mini-death cross, the crypto flipped the script. Instead of diving deeper into the bearish abyss, XRP surged—with power and purpose—toward $2.20, hinting at a much-anticipated breakout from months of downtrend shackles.
For weeks, XRP had been grinding lower within a textbook descending channel—lower highs, lower lows, classic bearish structure. Traders were bracing for a death cross, where the 26 EMA would drop beneath the 50 EMA, signaling deeper trouble. But in a surprising twist, bulls stepped in, invalidating that grim signal with a strong price push that’s now aiming for $2.30 and beyond.
Momentum is clearly shifting. Volume is rising, signaling growing interest and accumulation. The price action is no longer just fighting to stay afloat—it’s threatening to explode out of confinement. If XRP can decisively break and close above the $2.20 ceiling, it could trigger a rally toward the $2.50 mark, maybe even reigniting broader market optimism.
But make no mistake—this is a make-or-break moment. A failure to overcome that $2.20 barrier could reinforce the downtrend, dragging the token back to support at $2.00 or worse, $1.85.
For now, all eyes are on XRP. The invalidated death cross, surging volume, and test of critical resistance are converging. A breakout here doesn’t just mean higher prices—it could signal a full-on trend reversal.