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XRP Faces Bearish Cross Risk, Sinks 5% Even as ETFs Move Further

XRP slipped 5.1% to $2.41 on Tuesday, breaking through the $2.43 support zone as selling pressure intensified and trading volume surged 46% above its daily average. Over $1 billion in XRP moved between major custodial wallets, adding uncertainty despite on‑chain data suggesting internal transfers. The token now faces a developing death‑cross, with the 50‑day moving average crossing below the 200‑day, and must hold the $2.39‑$2.41 range to avoid a deeper slide toward $2.20. Meanwhile, the pending Canary XRP ETF filing keeps institutional interest on the sidelines, making the next price move pivotal for market sentiment.