XRP today formed a death cross. A death cross is where the 50MA moves below the 200MA signaling a downward trend. Even though this is a bearish sign, I doubt the price of XRP would be effected because there is a long standing strong bottom at 28 cents for XRP. If we break that, there is a bottom at 25 cents. After 25, I’m not sure where the next bottom is but it will be very hard to break 28 cents in my opinion.
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