XRP Bulls and Bears Split Over Death Cross at $1.38

Bulls and Bears Split on the Same $1.38 Line

The XRP price has bulls and bears reading one chart in two directions, and the disagreement comes down to a band the token has not cleared. XRP trades near $1.34 on the daily timeframe, while the 50-day exponential moving average, a trend line weighted toward recent prices, slides toward the 200-day EMA. Both averages now sit in a narrow band around $1.37 to $1.38, and price is pressing directly on top of them. A death cross, the point at which a short-term average closes below a long-term one, has not printed yet. Many traders read that pattern as a warning of deeper downside, but it is a lagging signal: it records what price already did, not what it will do next. That distinction is exactly where the two camps part ways. Our own reading of the daily chart is that the cross stays unfinished until the averages actually cross, and the token is testing the very zone that settles the question. The newest daily candle finished green at about $1.34, leaving price well clear of the recent low. Volume has stayed light through the pullback, which suggests sellers are not pressing hard, and the relative strength index sits near 40 while turning up from a low area. The bear side needs the 50-day EMA to complete its slide through the 200-day EMA and print the cross, which would hand momentum to sellers. The bull side needs a daily close above both averages, which would flatten the falling line and cancel the signal before it completes. Both scenarios still run from the same chart on the same day, which is why the setup has drawn attention. Neither side holds a confirmed signal yet, and the same hesitation shows across the wider altcoin market.

How the Chart Got to $1.34

The path to this level explains why the setup is so tight. XRP climbed from roughly $1.00 in August to a high near $1.70 in a move that read like the return of a bull market, then spent weeks moving sideways before losing momentum in early October. The slide from the $1.50 area to a low near $1.26 dragged the 50-day EMA downward and pushed it toward the 200-day line; our earlier chart note covered that slide beneath the 200-day average and the test of the $1.25 area. The recovery since then has been modest, with the token at $1.34, above the low but still below both averages. Bulls have a straightforward plan. A daily close above $1.38 that holds would stop the averages from falling and flatten them out, which would kill the death cross before it completes. A strong close above $1.40 would strengthen that case and open the path back toward $1.50. Anyone acting on either outcome can review common order types first, because a limit order placed at the averages and a stop set under the low behave very differently. The bear plan is just as clear. A rejection at the averages followed by a fall under $1.30 would likely finish the cross, and the next support sits at the recent low near $1.26. A break below that floor points toward $1.20 and lower. Analysts who read the pattern as the opening move of a bear market point to that downside ladder; those who expect the setup to fail see room for a run back to $1.50 if buyers defend the band. Fresh supply context matters too: exchange inflows of 6.05 billion tokens recently marked a seven-month high. The two ladders, up to $1.50 or down to $1.20, each sit two clean steps from the current level. Readers weighing an entry can start with the beginner's guide, Where & How To Buy XRP.

Watch the Daily Close

Whatever each camp expects, the whole argument rests on one assumption both sides can test with the next daily close: that the $1.37 to $1.38 band still decides the signal. If closes keep landing above it, the 50-day EMA flattens, the cross fails and the bull case wins without a headline. If price keeps rejecting the band and slips under $1.30, the cross prints and the downside ladder takes over. Our XRP technical analysis page tracks both thresholds live. Nothing in the tape confirms either outcome yet, so the daily close, not intraday noise, is the figure that matters.