Update
XRP Death Cross Update
XRP is trading near $1.34 on the daily chart, with a death cross close. The 50-day EMA is moving down toward the 200-day EMA, currently around $1.37 to $1.38. The cross is not final yet as the price is sitting right on top of them. The chart shows XRP jumped from about $1.00 in August to a high near $1.70, then moved sideways and fell to a low near $1.26. The latest daily candle is green and closed near $1.34, well above the recent low. The RSI is near 40 and beginning to turn up, indicating easing selling pressure. Bulls plan for XRP to move above both the 50 EMA and the 200 EMA to stop the cross from forming, with a strong close above $1.40 potentially opening the way back toward $1.50. The risk remains as a break below the recent low near $1.26 could point to $1.20 and lower.