XRP Death Cross Is Not Final Yet: How Price Can Avoid It

XRP is trading near $1.34 on the daily chart, and a death cross is close. The 50-day EMA is moving down toward the 200-day EMA, and both lines now sit around $1.37 to $1.38. Price is sitting right on top of them. This is the key area to watch. A death cross occurs when a short-term average falls below a long-term one . Many traders see it as a signal of more downside, but it is a lagging signal. It shows what price already did, not what it will do next. That is why the cross is not final yet. Look at how the chart got here. XRP jumped from about $1.00 in August to a high near $1.70.

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