XRP price prediction: Is the looming “death cross” signal setting up a $1.50 test?

XRP's price forecast turns bearish as it approaches the $2.20 support level, with a potential 'death cross' indicating extended downward pressure. Weak on-chain activity, declining market engagement, and increased Bitcoin dominance contribute to the negative outlook. Key ranges include $2.10–$2.40, with a drop below $2.10 potentially leading to $1.80–$1.50, and a sustained rise above $2.40 targeting $2.60. The technical setup suggests potential sustained weakness unless volume and participation improve. Broader market and regulatory factors may influence near-term price movements.

Nov 5
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XRP price prediction: Is the looming “death cross” signal setting up a $1.50 test?

Overview of Bearish Sentiment in XRP

As the cryptocurrency approaches the $2.20 support, the XRP price prediction tilts bearish. An impending death cross indicates potential prolonged downward velocity. Altcoins are under pressure due to weak on-chain activity and increased BTC dominance. If XRP breaks below $2.10, it might test the $1.80–$1.50 range. Conversely, reclaiming the $2.35–$2.40 range could initiate a recovery toward $2.60, but the overall market attitude remains precarious and bearish.

Technical Setup: The Death Cross

The technical picture for XRP is taking shape as a classic bearish setup. The 50-day SMA is approaching the 200-day SMA on the daily chart, and in some cases, it has already crossed below. This configuration, often referred to as a death cross, signals potential sustained weakness. Additionally, momentum indicators are softening, and short-term sellers might intensify their pressure in the absence of strong support. The tightening of the 50/200 relationship, coupled with a downward-sloping 50-day SMA, suggests that the path of least resistance remains to the downside unless a strong reversal occurs.

Current Market Performance of XRP

At the time of writing, XRP is trading in the low $2 range, reflecting a decline of several percent for the day and a more significant drop over the week. Market capitalization remains in the low to mid hundreds of billions, while trading volumes are increasing as traders reposition. However, recent price volatility within the $2.15–$2.30 range has made altcoins more prone to intra-market rotations, largely influenced by Bitcoin flows and ETF activity.

On-Chain Analysis and Market Challenges

On-chain data mirrors the cautious market tone as active addresses and user engagement metrics have declined from their mid-year highs. Analytics also highlight muted whale activity and higher selling pressure from long-term investors. This signals weak participation across the market. Combined with cross-asset weakness, these factors contribute to XRP's current struggles and reinforce the near-term bearish bias unless new bullish catalysts emerge.

Bullish Case for XRP

For bullish traders, defending the $2.10–$2.20 support zone is crucial to shift sentiment. A sustained move above the $2.35–$2.40 range could target short-term levels around $2.60, potentially reducing extended correction risks. Positive triggers could include increased inflows into XRP-related products, favorable regulatory developments, or resurgent remittance demand. However, without such catalysts, any bounce remains vulnerable to renewed BTC strength and thin liquidity, leaving structural weakness in place.

Downside Risks and Liquidity Concerns

If the death cross is confirmed and momentum continues to decline, the market may retest significant levels around $1.80–$1.50. Weak on-chain participation, alongside ongoing ETF withdrawals, growing BTC dominance, or renewed selling pressure from long-term holders, could exacerbate this decline. In the shorter term, legal uncertainties or macroeconomic factors could deepen liquidity challenges and further weaken market confidence.

XRP Price Prediction: Key Levels

Trading below $2.30, XRP reflects short-term bearish momentum supported by moving averages. The key range remains between $2.10 and $2.40. A breakdown below $2.10 could expose the $1.80–$1.50 range, whereas a rebound above $2.40 might set a target of $2.60. For now, the outlook remains bearish, pending clear signs of increased volume and participation to signal a sustained trend reversal.

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