XRP’s Death Cross: Will It Plunge to $1.9? 🚨

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XRP‘s price has done the crypto equivalent of a somersault and landed on its back, all while wearing a frown. The market’s as nervous as a cat in a room full of rocking chairs, and XRP’s sitting in the corner, muttering about how it’s “just a phase.”

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In technical analysis, death crosses have historically been followed by extended periods of weakness. It’s the crypto equivalent of a bad hair day that never ends. 💁‍♂️

XRP’s been trading inside a descending parallel channel since mid-July, like a hamster on a wheel, going nowhere fast. When price action is confined within this channel, it’s a surefire sign that the trend is heading straight for the basement. 🏠

A combo of the death cross and the descending channel suggests XRP may continue to struggle unless buyers show up with a truckload of cash. 💸

For now, the $2 region is acting as a lifeline, but if it crumbles, XRP could slide toward its June low of $1.9. It’s the crypto version of a cliffhanger-no one knows if it’ll jump or fall. 🪂

On the bright side, if Canary Capital’s spot XRP ETF starts raking in cash, XRP might just stage a comeback. The fund’s already pulled in $58 million-proof that even in a bear market, some folks have faith. 🙌

If this trend continues, XRP could aim for the $2.58-$2.65 resistance zone. A break above that might just be the spark needed to escape the descending channel. But let’s not get ahead of ourselves-this is crypto, after all. 🚀

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2025-11-14 16:27