XRP Price Risks 15% Crash as Death Cross Forms

Crypto analyst Umair highlighted a potential risk for XRP due to a death cross forming on its daily chart, which previously led to a 15% price drop.
The current XRP price is fluctuating between $1.90 and $2.08. Staying within this range could lead to month-long consolidation; falling below may trigger a decline to $1.50.
If XRP price drops below $1.82 but rebounds into the $1.90-$2.08 range, it might indicate the bottom. A close below this range could signal further decline.
Analyst CasiTrades suggests that $1.65 might be the bottom for XRP, aligning with Bitcoin's expected correction near $80,000.
CasiTrades predicts a bullish turn for both Bitcoin and XRP once their respective corrections complete, with Bitcoin moving to new highs and altcoins entering macro Wave 3.
XRP is currently trading at approximately $2.17, experiencing a decrease of over 3% in the last 24 hours.