A bearish Death Cross has emerged on XRP’s hourly chart, where the 🔵 50-hour MA crossed below the 🔴 200-hour MA — often seen as a signal for trend reversals and deeper pullbacks.
But this time… XRP is holding strong.
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📊 Key Technical Breakdown:
🔻 Death Cross Formed:
• 50H MA dropped below 200H MA near $0.5265
• Typically signals momentum shift to the downside
🧱 Strong Support Zone:
• XRP found buyers around $0.5100–$0.5150
• Holding firm despite bearish signal
📈 Short-Term Resistance:
• First test at $0.5380, next key level at $0.5450
📉 RSI Recovery:
• Hourly RSI bounced from oversold zone
• Hinting at momentum shift or sideways action
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💡 What This Means for Traders:
✅ Death Cross = Caution, not panic
✅ Buyers defending support = Strength
✅ Watch for breakout above $0.5450 for confirmation
✅ Volume + reaction at resistance = key to next move
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🧠 Pro Insight:
The Death Cross doesn’t always guarantee a drop. When combined with strong horizontal support and rising momentum indicators, it can become a contrarian signal for a bounce.
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📌 Stay Alert: XRP is in a decision zone. Smart traders wait for confirmation before jumping in. Eyes on the volume and resistance reaction.
