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XRP death cross appears, raising risk of slide to $1

XRP has formed a death cross on an hourly chart, a short-term bearish signal, after four straight sessions of declines that pushed it as low as $1.11. The market is watching $1.29 as near-term resistance and around $1 as key support, with XRP trading between $1.05 and $1.29. Separately, the Ripple ecosystem reported security work on XRPL lending features, a xrpld 3.2.0 maintenance update and Ripple’s participation in Flutterwave’s Series E round.