XRP Price Faces Short-Term Pressure as Death Cross Forms

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. XRP is up against short-term price pressure as a death cross has formed on its technical chart. The development has forced a more than 3.5% price decline in the altcoin, whose weekly gain pushed it past the $1.50 resistance level recently. Advertisement XRP price slips below $1.50 as market volatility intensifies The bearish indicator has triggered short-term effects on the price of the asset. Notably, a death cross forms when a short-term moving average crosses below a long-term average. The formation of a death cross is regarded as a bearish indicator among traders. The signal causes investors to move with caution. This development has affected XRP’s price trajectory, reversing the gains made in the last seven days on the crypto market. XRP Price Chart | Source: TradingView CoinMarketCap data reveals that XRP currently exchanges hands at $1.46, which represents a 3.57% decrease in the last 24 hours. The price has once again slipped below the critical $1.50 support, which previously sparked bullish hopes among market participants. The coin’s trading volume is green and up by 11.38% at $3.18 billion. It is likely that part of the trading engagements include a sell-off, as the broader crypto sector has been gripped by fears of hawkish Federal Reserve signals. Additionally, geopolitical tensions in the Middle East are adding to the pressure on risk assets like XRP. This suggests that the dip in price is not limited to XRP alone. However, the death cross formation has made the situation more severe for the coin’s price outlook. Key XRP support levels to watch amid mixed fundamentals XRP traders are currently monitoring the $1.44 price support. If the short-term pressure does not breach this key support, XRP might shake off the bearish signal and rebound to the $1.50 level. However, a dip below it could see XRP’s price slip to $1.40 or even lower. You Might Also Like Thu, 03/19/2026 - 11:09 Elon Musk Excites Crypto X with 'DogeFather' Meme After Long Pause By Yuri Molchan Interestingly, before XRP’s death cross formation, traders on Binance were betting aggressively on long positions. There was bullish sentiment among top traders in the XRP space, who were quietly accumulating the asset in anticipation of a rally. The trigger, among other things, included regulatory clarity from the U.S. Securities and Exchange Commission (SEC). The regulatory body has reclassified XRP and some other crypto assets as commodities, not securities. The reclassification clears the way for exchanges to list XRP and could boost the adoption drive in the broader financial space. Meanwhile, the XRP Ledger has hit a 13-year milestone , with over 7.7 million active wallets containing XRP. The development signals growing adoption in the ecosystem. #XRP