XRP Threatens Death Cross On 4-Hour Chart, Is Another Crash Coming?

Quick Summary:

XRP’s price action has taken a sharp downturn in the past 24 hours to extend its seven-day losses.

Notably, this downturn has seen the asset slipping below a critical support level at $2.50 after weeks of intense work to break above it.This break below $2.

These losses, coupled with the weakening technical indicators, paint a cautious outlook for the altcoin in the near term.

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Article Details

Author / Journalist: Scott Matherson

Category: Crypto

Markets: Hungary

Topics: XRP news Relative strength index Xrp/btc XRP price XRPUSD XRP Moving average Bullish Pennants RSI MA Death cross XRPUSDT

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-06 @ 20:30:14 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 450 words

Reading Time: 3 minutes read

Sentences: 30 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 25944206

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About Bitcoinist

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Official Website: bitcoinist.com

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News Last Updated: 9 hours ago

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