XRP/BTC Death Cross Signals Bearish Momentum
XRP/BTC has formed a rare death cross as its 50-day moving average fell below the 200-day MA near 0.00002380 BTC. This pattern, last seen in June 2025 before a 6.4% drop over 16 days, signals bearish momentum. Current indicators—RSI at 49, flat spot volume and a looming 100-day MA cross at 0.00002320 BTC—point to weak buying pressure. Traders should watch resistance at 0.00002384 BTC; a break with high volume could invalidate the death cross. Otherwise, a close below 0.00002100 BTC may confirm further declines toward 0.00002050–0.00001950 BTC. On-chain data from Glassnode show reduced XRP trading as funds flow into Bitcoin, and strategist Peter Brandt warns that death crosses can persist without strong volume confirmation. Monitor moving averages and support zones to manage risk.
Bearish
The formation of the XRP/BTC death cross, alongside an RSI at 49 and stagnant trading volume, underscores weak buying pressure. Historical precedent shows a similar setup led to a 6.4% drop, and on-chain data reveal capital shifting into Bitcoin. Key levels—resistance at 0.00002384 BTC and support at 0.00002050–0.00001950 BTC—suggest further downside if volume remains low. In the short term, traders may face accelerated selling pressure and test lower support zones. Over the longer term, bearish momentum could persist until a decisive, high-volume breakout above the 50/200-day moving average crossover invalidates the death cross.