$XRP completed a death cross on its hourly chart after selling pressure intensified this week.
The 50 MA has fallen below the 200 MA on the hourly chart, indicating a death cross. This follows four straight days of declines from Tuesday to Friday, with $XRP reaching a low of $1.11.
$XRP gave back more of last week's rally, which saw it rise to a high of $1.29 on June 15. $XRP price began its rebound on June 11 from a low of $1.09, reaching the daily MA 50 where it encountered resistance. The rally faced selling pressure, with $XRP declining and a short-term death cross appearing in the aftermath.#2026 World Cup Posting Challenge on HTX Square #1$ Margin Trade #TradFi Trading Strategies Sharing Challenge
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