XRP is nearing a bearish “death cross” pattern, where the 50-day simple moving average and the 200-day simple moving average is set to converge. What would this mean?
Summary
- XRP has fallen by over 14% in the past week and is currently trading around $2.27, with technical indicators signaling a potential “death cross” that could deepen the token’s ongoing downtrend.
- With the Relative Strength Index hovering near 37 and prices sitting below major moving averages, analysts warn that XRP may face further declines toward $2.00 unless it reclaims the $2.40 to $2.50 resistance zone.
According to data from crypto.news, the token has gone down by 5.67% within the past day. The token continues its downturn trend of 14% within the past week. At press time, it is currently trading below the $2.30 threshold, around $2.27. On Nov. 4, Ripple’s native token briefly climbed up to $2.42 before slipping further down to $2.2 and recovering slightly near the $2.30 range.
For the first time since May 2025, the token’s technical indicators are pointing towards a death cross pattern. A death cross occurs when the token’s 50-day simple moving average is set to cross below the 200-day simple moving average. Traders often consider this pattern as a sign that short-term price momentum is weakening relative to the longer-term trend.
Because moving averages smooth past price data, this crossover suggests that the recent price performance has been weaker than what investors were seeing over the longer horizon. If it does end up turning into a death cross, the pattern could indicate further downturn for the XRP (XRP) price movement.
The 50-day moving average, indicated by the green line, has crossed beneath both the 100-day and 200-day averages which are orange and red. This marks the beginning of what is known as a “death cross,” which is a classic technical signal that suggests potential for continued downside movement if selling pressure persists.
On the other hand, the death cross is not the only bearish indicator on the horizon. XRP’s recent trading range, which sits around $2.20 to $2.70, has broken down and indicators such as the MACD histogram are flashing red, suggesting momentum is shifting to the downside.
In addition, the XRP Open Interest has gone down to $3.54 billion according to data from Coinglass, having fallen from $4.26 billion just a few days ago. Meanwhile, its market cap has plunged by 5.7% to $136 billion.
XRP price analysis
At press time, XRP is currently trading well below the key moving averages, which are now aligned in a bearish configuration. Indicators point to a possible death cross that could see the token plunging into deeper corrections before it can manage to bounce back.
The Relative Strength Index at around 37 indicates that momentum is weak but it has yet to enter into oversold territory. This implies there may still be room for further decline before a potential rebound can take place.
Historically, an RSI below 30 tends to attract bargain hunters or short-term bullish reversals, so traders will likely watch for that level as a possible entry point. However, until momentum shifts, XRP remains under pressure, and buyers appear hesitant to step in with conviction.
Immediate support can be observed near the $2.20 psychological level, which coincides with prior local lows seen earlier in the month. A decisive breakdown below this region could open the door for a deeper pullback toward $2.00 or even as low as $1.93.
On the upside, XRP would need to reclaim the $2.40 to $2.50 zone, where the short-term and medium-term moving averages converge, in order to signal a potential reversal and invalidate the bearish outlook.
Source: https://crypto.news/xrp-nears-bearish-death-cross-technical-pattern-at-2-27/