No, XRP Is Not At Risk of a Death Cross
Main Idea
XRP is not at risk of a death cross, with indicators like RSI and whale activity suggesting potential for a golden cross and price increase.
Key Points
1. XRP has lost 6.6% in the last seven days but is not at risk of a death cross according to CoinMarketCap data.
2. The 9-day and 26-day moving averages are aligned for a potential golden cross, which could drive prices to $3.34.
3. XRP's RSI is at 61.71, indicating it is not overbought and remains in a safe zone.
4. XRP trading volume dropped by 35.95% to $6.26 billion in the last 24 hours, but whale activity has increased with $415 million worth of XRP acquired.
5. XRP recorded $155 million in inflows, signaling strong investor interest and potential for a high close in July.
Description
XRP has entered spotlight again with death cross invalidation on horizon
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