XRP Confirms Death Cross, Is $1 Next Level?

XRP Confirms Death Cross, Is $1 Next Level?

Source: UToday

Published:00:01 UTC

BTC Price:$64263.7

#XRP #DeathCross #CryptoTrading

Analysis

Price Impact

Med

The confirmation of a 'death cross' on the hourly chart suggests potential short-term bearish momentum. however, the article also mentions a relief rally and potential upside if key resistance levels are broken, indicating a mixed short-term outlook.

Trustworthiness

Med

Price Direction

Bearish

The 'death cross' on the hourly chart and recent declines point to a bearish short-term trend. however, the article also outlines potential bullish scenarios if xrp breaks above $1.29, suggesting a neutral to slightly bearish short-term outlook with potential for reversal.

Time Effect

Short

The 'death cross' is a short-term technical indicator, and the price targets mentioned ($1, $1.54, $2) are also related to immediate or near-term price movements. the article focuses on recent price action and upcoming levels.

Original Article:

Article Content:

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 completed a death cross on its hourly chart after selling pressure intensified this week. Advertisement The 50 MA has fallen below the 200 MA on the hourly chart, indicating a death cross. This follows four straight days of declines from Tuesday to Friday, with XRP reaching a low of $1.11. XRP gave back more of last week's rally, which saw it rise to a high of $1.29 on June 15. XRP price began its rebound on June 11 from a low of $1.09, reaching the daily MA 50 where it encountered resistance. The rally faced selling pressure, with XRP declining and a short-term death cross appearing in the aftermath. HOT Stories Analyzing XRP's Bounce Potential, Shiba Inu (SHIB) to Add 10% or Lose 10%? Can Zcash (ZEC) Get Back to the Top? Crypto Market Review Cardano Founder Teases Joe Rogan Appearance XRP/USD Hourly Chart, Image By TradingView XRP has failed multiple times since mid-May to surpass the daily MA 50, currently at $1.29, highlighting it as a key level for short-term price action. The cryptocurrency continues to trade in a range with support at $1.05 and resistance at $1.29. Advertisement You Might Also Like Thu, 06/18/2026 - 15:19 XRP Open Interest Suddenly Starts Unwinding By Alex Dovbnya XRP's price currently trades up 1.24% in the last 24 hours to $1.14 as the broader crypto market saw a relief rally. If the price increase continues, a decisive break above $1.29 might begin a fresh recovery for XRP towards a target of $1.54 (the daily MA 200) and then $2. In the event XRP price falls further, the $1 price point will likely be the next support level for bulls. Advertisement XRP and Ripple news As part of the broader security work around XRPL 's Lending Protocol and Single Asset Vaults, Common Prefix has announced a collaboration with the RippleX team to formally verify critical components of the Lending Protocol in Lean4. You Might Also Like Mon, 06/15/2026 - 10:55 XRP Was Ahead of Its Time, Ex-Ripple Engineer Says Amid Solana Innovation By Tomiwabold Olajide This week saw the launch of version 3.2.0 of xrpld, which is primarily a cleanup and maintenance release. It retires amendments that have been activated for over two years, continues the modularization of libxrpl, and renames rippled to xrpld per XLS-0095. It also introduces the fixCleanup3_2_0 amendment, which bundles bug fixes affecting Single Asset Vaults, the Lending Protocol, the permissioned DEX, Multi-Purpose Tokens, and permissioned domains. Ripple announced its investment in Flutterwave as part of its Series E funding round, a deal centered on expanding the use of stablecoins for cross-border payments. Flutterwave will also connect to Ripple Payments and use the XRP Ledger blockchain to process transactions. #XRP News #XRP #XRP Price Prediction