XRP Climbs 3% But One Key Indicator Just Flashed A Death Cross

XRP (CRYPTO: XRP) is up 3% on the day but technical indicators suggest traders should tread with caution in the near term.

Cryptocurrency	Ticker	Price	Market Cap	7-Day Trend
Bitcoin	(CRYPTO: BTC)	$114,413.52	$2.27 trillion	-3.8%
Ethereum	(CRYPTO: ETH)	$3,568.24	$430.7 billion	-8%
XRP	(CRYPTO: XRP)	$2.99	$177.5 billion	-7.4%

Trader Notes: Crypto analyst Ali Martinez flagged the MVRV ratio flashing a death cross on XRP’s chart, suggesting bearish pressure could intensify.

The MVRV ratio flashed a death cross for $XRP, suggesting a steeper correction could be underway! pic.twitter.com/DDTuDjj6rE

— Ali (@ali_charts) August 3, 2025

Trader Henry noted that XRP is forming its largest bullish pennant to date, maintaining support with a series of green candle closes, often a sign of building momentum. A breakout targeting $4 could be imminent, he added.

Community News: Ripple CTO David Schwartz announced that he is launching a new independent infrastructure project for the XRP Ledger.

He will personally manage a standalone server that functions as a high-quality hub, designed to support validators on the Unique Node List, as well as other hubs and XRPL-based applications.

Schwartz emphasized that this dedicated hub would improve network resilience and efficiency, further strengthening the XRPL ecosystem.

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This article XRP Climbs 3% But One Key Indicator Just Flashed A Death Cross originally appeared on Benzinga.com