Is XRP Dead? The ‘Death Cross’ Emerges, But Ripple’s Still Kicking!

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Oh, dear XRP! Just when you thought the rollercoaster had reached the top, the price plummets over 35% from its glorious peak this year. And to make matters worse, a dreaded “death cross” pattern is rearing its ugly head, signaling potential further decline despite a sea of hopeful bullish catalysts. Classic XRP, huh?

XRP has just formed a “death cross” – no, not a horror movie, but one of the nastiest patterns in technical analysis. This happens when the 50-day and 200-day Weighted Moving Averages cross downward, like a bad omen that screams “prepare for more pain.”

And the fun doesn’t stop there. XRP’s price is still stuck beneath the key resistance level at $2.70 – which also happens to be the lower side of a descending triangle pattern. That’s like getting double hit in the gut by the market.

As if that’s not enough, Ripple has managed to invalidate the impulse phase of the Elliot Wave pattern. Translation: sellers could soon send XRP spiraling down to the psychological $2 mark. Get the popcorn ready. 🍿

Ripple’s Bullish Catalysts (Yes, They’re Real!)

Now, hold on. This isn’t the end of the story – Ripple’s got some juicy fundamentals that could flip the script. Rumors say Ripple Labs might launch a whopping $1 billion fund to gobble up more XRP. Imagine the buying frenzy! 😱

Oh, but there’s more: companies like SBI Holdings, Trident Digital, Amber Power, VivoPower, and Webus have all made moves to hoard XRP like it’s going out of style.

And if you think the SEC has it out for XRP, think again! Once that government shutdown wraps up (fingers crossed 🤞), spot XRP ETFs could get the green light. This would likely supercharge XRP’s price, just as current XRP ETFs are seeing massive inflows. The REX-Osprey XRP ETF alone has raked in over $88 million!

Ripple’s also on a shopping spree, having just dropped $1 billion to acquire GTreasury, a company that moves money across the globe. A grand entrance into the corporate treasury world, folks. It’s like watching the cool kid in class make their move.

“I’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’s the Ripple platform put to work at the global corporate scale.” – Monica Long (@MonicaLongSF) October 16, 2025

But wait, there’s more! Ripple also acquired Rail for $200 million and Hidden Road for a cool $1.25 billion. These deals will turbocharge XRP Ledger’s value, and don’t forget the Ripple USD (RLUSD) stablecoin integration! 🏦

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2025-10-19 18:28