{"id":13724,"date":"2025-10-19T14:30:45","date_gmt":"2025-10-19T14:30:45","guid":{"rendered":"https:\/\/bitunikey.com\/news\/xrp-price-forms-death-cross-despite-solid-bullish-catalysts\/"},"modified":"2025-10-19T14:30:49","modified_gmt":"2025-10-19T14:30:49","slug":"xrp-price-forms-death-cross-despite-solid-bullish-catalysts","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/xrp-price-forms-death-cross-despite-solid-bullish-catalysts\/","title":{"rendered":"XRP price forms death cross despite solid bullish catalysts"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">The XRP price has plunged by over 35% from its highest point this year, and an emerging death cross pattern suggests further downside despite some notable bullish catalysts.\u00a0<\/p>\n<div id=\"cn-block-summary-block_131fa2a2ec4fdbc3bbaff9018e495906\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>XRP price has formed a death cross pattern on the daily chart.<\/li>\n<li>This pattern points to more downside in the near term.<\/li>\n<li>Still, Ripple has numerous bullish catalysts that may offset the drop.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<h2 class=\"wp-block-heading\">XRP price technical analysis <\/h2>\n<p>The daily chart shows that the Ripple (XRP) token was trading at $2.3700 today, Oct. 19, up by 33% from its lowest point this month. This price coincides with the ultimate support of the Murrey Math Lines tool.\u00a0<\/p>\n<p>Worse, the token has formed a death cross pattern, which could lead to more downside. This cross happens when the 50-day and 200-day Weighted Moving Averages cross each other when pointing downwards. It is one of the most bearish patterns in technical analysis.\u00a0<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>The XRP price remains below the key resistance level at $2.70, which marks the lower side of the descending triangle pattern. This is another highly popular bearish signs.<\/p>\n<p>Ripple price has invalidated the impulse phase of the Elliot Wave pattern. Therefore, there is a risk that the coin will continue falling as sellers target the key psychological point at $2.\u00a0<\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">XRP price chart | Source: crypto.news<\/figcaption><\/figure>\n<h2 class=\"wp-block-heading\">Ripple has numerous bullish catalysts\u00a0<\/h2>\n<p>The bearish XRP price forecast is based on its technicals, as the coin has numerous bullish fundamentals. One of the fundamentals is the <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/NateGeraci\/status\/1979002893094010885\">rumor<\/a> that Ripple Labs was considering launching a $1 billion fund to accumulate XRP.\u00a0<\/p>\n<p>Such a\u00a0move would lead to more demand for the coin. Other companies like SBI Holdings, Trident Digital, Amber Power, VivoPower, and Webus have announced XRP treasuries.\u00a0<\/p>\n<p>XRP will also benefit with the approval of spot XRP ETFs by the Securities and Exchange Commission, which will likely happen after the government shutdown ends.\u00a0<\/p>\n<p>The existing XRP ETFs, including the recently launched REX-Osprey XRP ETF, have all seen substantial inflows. The XRPR ETF has accumulated over $88 million in inflows, while the XXRP fund has over $294 million in assets.<\/p>\n<p>The XRP price will also benefit from Ripple Labs\u2019 recent acquisitions. It recently bought GTreasury, a company that helps firms move money globally in a $1 billion. This marked its entry into the corporate treasury industry.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">I&#8217;m excited for Ripple and GTreasury to help corporates move money around the world faster, cheaper, 24\/7\/365, and actively manage and grow their money through safe, more efficient solutions. It&#8217;s the Ripple platform put to work at the global corporate scale. The opportunity to\u2026 <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/t.co\/eIDycyBRPj\">https:\/\/t.co\/eIDycyBRPj<\/a><\/p>\n<p>\u2014 Monica Long (@MonicaLongSF) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/MonicaLongSF\/status\/1978847901964234934?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">October 16, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>Ripple Labs acquired Rail in a $200 million deal as well as Hidden Road in a $1.25 billion deal. These acquisitions will help to create value for the XRP Ledger network. They will also help in the integration of the Ripple USD (RLUSD), its stablecoin.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The XRP price has plunged by over 35% from its highest point this year, and an emerging death cross pattern suggests further downside despite some notable bullish catalysts.\u00a0 Summary XRP&hellip;<\/p>\n","protected":false},"author":1,"featured_media":11665,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-13724","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/13724","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=13724"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/13724\/revisions"}],"predecessor-version":[{"id":13725,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/13724\/revisions\/13725"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/11665"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=13724"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=13724"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=13724"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}