⛓️ Crypto🔴 BearishActionable

XRP Death Cross Appears on Hourly Chart Amid $515 Million Crypto Liquidation

U.Today|Tomiwabold Olajide|February 28, 2026 at 10:25 AM|1 views

🤖AI Summary

XRP has formed a death cross pattern on its hourly chart, coinciding with over $515 million in cryptocurrency liquidations across the market in the past 24 hours. This technical indicator suggests potential further downside for XRP amid broader crypto market selling pressure.

Key Takeaways

→XRP shows a death cross formation on the hourly timeframe, indicating bearish technical momentum.
→The crypto market experienced over $515 million in total liquidations within 24 hours.
→Market-wide sell-off has intensified from earlier declines.
→High liquidation volume suggests significant leveraged position unwinding.
→Technical patterns combined with liquidation data point to continued market stress.

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