The post XRP (XRP) Faces Potential Downturn as Death Cross Pattern Re-emerges appeared on BitcoinEthereumNews.com. Ted Hisokawa Oct 24, 2025 16:07 XRP is on the brink of forming a ‘death cross’ pattern, reminiscent of its 65% crash in 2021. Experts warn of potential risks including falling burn rate and insider selling. The price of XRP, the cryptocurrency developed by Ripple, is currently navigating a challenging phase, marked by a significant decline from its peak earlier this year. According to CoinMarketCap, XRP has dropped by 34% from its highest point, situating it firmly within a bearish market. Death Cross Pattern and Historical Context A looming ‘death cross’ pattern on the daily chart is raising alarms among analysts. This technical chart pattern, which occurs when a short-term moving average crosses below a long-term moving average, has historically signaled a potential downturn. The last instance of this pattern for XRP was in 2021, leading to a dramatic 65% price drop. Current Market Conditions As of October 23, XRP was trading at $2.4137, a price level that reflects recent volatility and market consolidation. This price action is consistent with broader trends observed across the altcoin market, where significant price swings have been common since early October. Despite these challenges, XRP remains a key player in the cryptocurrency space, backed by robust fundamentals. Additional Risks for XRP Beyond the technical patterns, XRP faces other risks that could impact its price. Notably, the burn rate for the token is declining, which could affect its perceived scarcity and value. Furthermore, insider selling has been flagged as a potential concern, possibly contributing to downward pressure on the price. Market Developments and Future Outlook In contrast to the current bearish sentiment, Ripple’s ecosystem continues to expand. The recent launch of the REX-Oprey XRP ETF has been a significant milestone, quickly surpassing $100 million in assets. This… The post XRP (XRP) Faces Potential Downturn as Death Cross Pattern Re-emerges appeared on BitcoinEthereumNews.com. Ted Hisokawa Oct 24, 2025 16:07 XRP is on the brink of forming a ‘death cross’ pattern, reminiscent of its 65% crash in 2021. Experts warn of potential risks including falling burn rate and insider selling. The price of XRP, the cryptocurrency developed by Ripple, is currently navigating a challenging phase, marked by a significant decline from its peak earlier this year. According to CoinMarketCap, XRP has dropped by 34% from its highest point, situating it firmly within a bearish market. Death Cross Pattern and Historical Context A looming ‘death cross’ pattern on the daily chart is raising alarms among analysts. This technical chart pattern, which occurs when a short-term moving average crosses below a long-term moving average, has historically signaled a potential downturn. The last instance of this pattern for XRP was in 2021, leading to a dramatic 65% price drop. Current Market Conditions As of October 23, XRP was trading at $2.4137, a price level that reflects recent volatility and market consolidation. This price action is consistent with broader trends observed across the altcoin market, where significant price swings have been common since early October. Despite these challenges, XRP remains a key player in the cryptocurrency space, backed by robust fundamentals. Additional Risks for XRP Beyond the technical patterns, XRP faces other risks that could impact its price. Notably, the burn rate for the token is declining, which could affect its perceived scarcity and value. Furthermore, insider selling has been flagged as a potential concern, possibly contributing to downward pressure on the price. Market Developments and Future Outlook In contrast to the current bearish sentiment, Ripple’s ecosystem continues to expand. The recent launch of the REX-Oprey XRP ETF has been a significant milestone, quickly surpassing $100 million in assets. This…