The fourth largest cryptocurrency, XRP, has experienced a death cross on its hourly chart, indicating potential downward momentum. This comes amidst a broader market sell-off and follows previous bullish indications. The death cross pattern raises concerns about XRP's short-term price momentum, although the indicator's reliability as a predictor of bear markets is inconsistent. XRP has had mixed price action throughout the week, with two out of five days in the green. It is currently trading down at $2.25, a decline of 3.32% in the last 24 hours and 7.49% weekly. However, bulls have held above the daily SMA 50 support, suggesting a potential rebound if the price breaks above $2.50.



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