Saad Ullah
XRP traders are on edge as the chart flashes a classic warning signal: a death cross. This bearish crossover—where the 10-day EMA drops below the 20-day EMA—just formed near the stubborn $2.70 resistance zone, suggesting XRP could face more pressure in the short run. But before hitting the panic button, it's worth noting that major support around $2.00 is still holding firm, and the long-term uptrend hasn't broken yet.
What the Chart Is Saying
According to ChartNerd, XRP's death cross at $2.70 "typically marks the worst of the pain on formation." In other words, while there might be a bit more downside ahead, the heaviest selling could already be over. The flattening EMAs suggest momentum is slowing, and once the correction wraps up around key support, XRP could be ready to stabilize—or even bounce.
The weekly XRP/USD chart tells a clear story. After several failed attempts to push past $2.70–$2.80, the 10 EMA (blue line) has crossed below the 20 EMA (yellow line)—forming the death cross highlighted on the chart. Here's what matters right now:
- $2.70 is acting as a brick wall — XRP keeps getting rejected here, and sellers are defending it hard
- Support sits around $2.00 — this level has been a strong demand zone before and could spark renewed buying if tested again
- The bigger picture is still intact — XRP remains within its long-term range between $2.00 and $3.50, with no major structural breakdown
Despite the bearish crossover, XRP hasn't made a lower macro low, meaning long-term holders might not need to worry just yet—even if short-term traders see some chop.
Why XRP Is Pulling Back
XRP's weakness is part of a broader cooldown in crypto markets. After a strong rally earlier this year, the asset is going through a natural consolidation phase. Add in some macro uncertainty, cautious investor sentiment, and money rotating into Bitcoin and stablecoins, and you've got a recipe for near-term softness in altcoins like XRP.
Saad Ullah
