XRP price prediction: Is the “death cross” valid? Technicals show correction brewing

XRP's price is trading near $2.43 with weakening momentum, as technical indicators suggest caution. A potential 'death cross,' where the 50-day moving average crosses below the 200-day, poses bearish risks unless XRP reclaims $2.50. The token is showing fragile price action with diminished trend strength, soft trading volume, and narrowing volatility. The bull case relies on maintaining support above $2.35–$2.38 and potential whale accumulation to drive prices above $2.50 and toward $2.60–$2.70. Conversely, confirming the 'death cross' or dropping below $2.35 could trigger a deeper correction to $2.20 or lower. Near-term support and resistance levels are set at $2.35 and $2.50 respectively, with market sentiment cautious until clear directional trends emerge.

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XRP price prediction: Is the “death cross” valid? Technicals show correction brewing

Overview of XRP's Current Price Movement

XRP's price prediction remains cautious as the token trades near $2.43 with weakening momentum. A potential 50-day/200-day “death cross” warns of rising downside risks unless the token reclaims $2.50. If XRP loses $2.35, it could expose lower levels at $2.20 or possibly $2.05 as sellers take control.

Technical Indicators and Market Sentiment

XRP is hovering around $2.43 after rebounding modestly from recent lows, but technical indicators remain cautious. Momentum on the weekly and monthly timeframes has weakened sharply. Traders are closely watching for a potential “death cross”, which would occur if the 50-day moving average crosses below the 200-day moving average, signaling a bearish setup. Though not confirmed, this potential pattern has already shifted market sentiment, driving concerns about a deeper correction.

XRP Price Info as of November 11th

XRP’s daily chart reflects fragile price action, with short-term rallies failing to establish meaningful reversals. While the token has rebounded slightly from the low-$2.30s, broader trends indicate a loss of strength over the past month. Trading volume has softened, and liquidity is flowing into outperforming assets like Solana, Ethereum, and high-beta AI and meme tokens.

Key metrics:

  • RSI sits in neutral territory.
  • Volatility bands have narrowed.
  • MACD momentum has flattened.

Traders remain focused on the converging 50-day and 200-day MA, which could set the tone for the next major price trend.

Bull Case: Whale Accumulation Could Drive Recovery

A bullish scenario for XRP requires it to hold above the $2.35–$2.38 support zone, which has served as a short-term stabilization area. A breakout above $2.50 would signal buyer momentum, opening the potential for further gains toward $2.60–$2.70.

One strong catalyst for recovery would be an increase in whale accumulation. This, combined with a market shift favoring large-cap assets over speculative tokens, could significantly bolster upside momentum. A move toward $2.70 is possible if this scenario plays out.

Bear Case: The Risks of a Death Cross

In a bearish scenario, confirmation of the “death cross” could mark the onset of a deeper correction. With soft trading volume and weakened on-chain engagement, XRP risks losing significant support levels.

If XRP falls below $2.35, the retracement could target $2.20, where buyers have historically stepped in. However, if broader market sentiment deteriorates due to factors like rising Bitcoin dominance or macro-driven risk aversion, XRP may face further pressure, exposing levels near $2.05–$2.10 as potential supports.

XRP Price Prediction and Near-Term Range

XRP is currently trading in a near-term range between $2.35 and $2.50 as the market awaits a clear direction. Holding above $2.35 could support a recovery to $2.50, potentially paving the way for gains toward $2.60–$2.70.

However, a break below $2.35 would sharply increase the chances of a test at $2.20, shifting the outlook to a more cautious stance. Until buyers reclaim key resistance levels, technical indicators suggest a potential downward correction.

Disclosure

This article does not represent investment advice. The content and materials featured are for educational purposes only.

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