{"id":30921,"date":"2025-06-09T12:01:50","date_gmt":"2025-06-09T12:01:50","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=30921"},"modified":"2025-06-09T12:01:50","modified_gmt":"2025-06-09T12:01:50","slug":"volumes-tumble-amid-xrp-news-will-deathcross-kill-xrp-price","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=30921","title":{"rendered":"Volumes Tumble Amid XRP News: Will Deathcross Kill XRP Price?"},"content":{"rendered":"
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The XRP news to start this week is bleak. We have never seen the XRPL Volume<\/a> this low in months. It\u2019s ded; pack it up<\/p>\n

XRP\u2019s latest uptick, up 2.18% to $2.18, feels more like a dead cat bounce<\/a> than a turnaround. After tanking to $2.08 last week, the token managed to claw back a few cents by Monday. Whether it holds is anyone\u2019s guess.<\/p>\n

However, while the price action appears promising, underlying market indicators paint a mixed picture. Here\u2019s what you should know:<\/p>\n

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24h<\/span>7d<\/span>30d<\/span>1y<\/span>All time<\/span><\/div>\n

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XRP News Trading Volume Plummets, Raising Questions<\/h2>\n

XRP volume is drying up fast, down nearly 49% since last week while resistance between $2.50 and $2.60 hasn\u2019t even been scratched.<\/p>\n

For traders betting on the next leg higher, the real Hail Mary might be a Ripple spot ETF<\/a> approval, not organic retail demand.<\/p>\n

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(X<\/a>)<\/figcaption><\/figure>\n

XRP\u2019s chart is starting to look like a minefield. The token is trapped below its 50-day and 200-day moving averages, $2.26 and $2.34,\u00a0 while volume remains too soft to power through.<\/p>\n

A symmetrical triangle is taking shape, but without stronger participation, it\u2019s more stalemate than setup. The kicker is a death cross just printed on the daily, with the 23-day slicing below the 50-day\u2014a classic red flag for downside risk.<\/p>\n

DISCOVER:\u00a0<\/span>20+ Next Crypto to Explode in 2025\u00a0<\/span><\/a><\/strong><\/p>\n

Key Drivers Ahead<\/h2>\n

XRP\u2019s outlook is riding high on two headlines that may\u2014or may not\u2014hold up under closer scrutiny.<\/p>\n

Ripple got the green light from Dubai for its RLUSD stablecoin, and Webus International just bet $300 million on XRP as a corporate treasury asset.<\/p>\n

However, all eyes are on June 17, when a decision on Franklin Templeton\u2019s proposed spot XRP ETF is expected. Approval could attract substantial institutional inflows, bolstering liquidity.<\/p>\n

Proceed With Caution<\/h2>\n