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XRP Faces Bearish Outlook as Death Cross Forms Against Bitcoin

XRP Faces Bearish Outlook as Death Cross Forms Against Bitcoin. Source: EconoTimes

XRP has officially confirmed a death cross against Bitcoin, signaling a potentially bearish phase for the cryptocurrency. The 23-day moving average has fallen below the 200-day average, a technical pattern traders often view as a warning sign of further downside. Currently, XRP/BTC trades near 0.00002247 BTC, with Bitcoin valued around $111,000, placing XRP’s dollar price at approximately $2.49.

This death cross comes on the heels of last week’s intense liquidation event that saw XRP/BTC briefly plunge to 0.000013 BTC before bouncing back. While the recovery appeared encouraging, the broader chart reveals growing resistance. The moving averages have converged around the 0.00002400–0.00002500 BTC range, creating a price ceiling that XRP must overcome to regain bullish momentum. Until that happens, the pair remains capped and vulnerable to further corrections.

Historically, similar setups have signaled prolonged weakness. The last comparable death cross occurred in 2022 and persisted for months. This time, the outlook appears even more concerning. Bitcoin’s dominance in the market has surged, altcoin liquidity has thinned, and the aftermath of recent liquidations has left XRP’s order books fragile. If Bitcoin sustains its six-figure valuation, a pullback in XRP/BTC toward the 0.00001800 level could push XRP’s dollar value below $2.

For traders and investors, this technical formation underscores the growing divergence between Bitcoin and major altcoins. The current setup suggests XRP could face heightened volatility and limited upside in the near term unless it breaks through key resistance levels. As market sentiment shifts and Bitcoin continues to lead, XRP holders may need to brace for a challenging period ahead.

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Great article. Requesting a follow-up. Excellent analysis.

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Great article. Requesting a follow-up. Excellent analysis.
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