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Morpho talk is tense as Square users flag msUSD/msY depegs and illiquidity risks, keeping sentiment bearish. On Jun 9, Morpho said it raised $175M to build an “open credit network.” On May 28, it rele

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World Cup Predictions: 100,000 USDT DailyXRP Confirms Death Cross, Is $1 Next Level? $XRP completed a death cross on its hourly chart after selling pressure intensified this week. The 50 MA has fallen

World Cup Predictions: 100,000 USDT Daily

XRP Confirms Death Cross, Is $1 Next Level?
$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.
$XRP/USD Hourly Chart, Image By TradingView

$XRP has failed multiple times since mid-May to surpass the daily MA 50, currently at $1.29, highlighting it as a key level for short-term price action. The cryptocurrency continues to trade in a range with support at $1.05 and resistance at $1.29.

$XRP's price currently trades up 1.24% in the last 24 hours to $1.14 as the broader crypto market saw a relief rally. If the price increase continues, a decisive break above $1.29 might begin a fresh recovery for $XRP towards a target of $1.54 (the daily MA 200) and then $2.

In the event $XRP price falls further, the $1 price point will likely be the next support level for bulls.

$XRP and Ripple news

As part of the broader security work around XRPL's Lending Protocol and Single Asset Vaults, Common Prefix has announced a collaboration with the RippleX team to formally verify critical components of the Lending Protocol in Lean4.

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XRP Confirms Death Cross, Is $1 Next Level? $XRP c

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🚀 Going Long on $MAGIC | 20x Leverage $MAGIC is showing a solid bullish setup, and momentum is starting to build for a potential upside move. 📈🔥 📍 Entry Zone: 0.0472 – 0.0480 🎯 TP1: 0.0498 🎯 TP2: 0.0525 🎯 TP3: 0.0555 🛑 Stop Loss: 0.0443 💎 The trend remains constructive, and a breakout above nearby resistance could accelerate the move toward higher targets. ⚡ Trade smart, manage risk, and secure profits along the way!

🚀 Going Long on $MAGIC | 20x Leverage $MAGIC is showing a solid bullish setup, and momentum is starting to build for a potential upside move. 📈🔥 📍 Entry Zone: 0.0472 – 0.0480 🎯 TP1: 0.0498 🎯 TP2: 0.0525 🎯 TP3: 0.0555 🛑 Stop Loss: 0.0443 💎 The trend remains constructive, and a breakout above nearby resistance could accelerate the move toward higher targets. ⚡ Trade smart, manage risk, and secure profits along the way!

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