Should XRP Investors Be Concerned About a Potential Death Cross Impacting Crypto Prices?

Ripple's fate has been shaped by the ongoing legal clash with the US SEC. In July, XRP surged to $0.946 after a judge's ruling. Yet, it's been struggling around $0.5

Analysts like Cheeky Crypto have raised concerns about XRP's near future, expecting a bearish correction. A key support zone to watch is between $0.35 and $0.39. Bulls need to push XRP above $0.67 to regain footing

While the charts paint a mixed picture, the XRP Ledger is hitting a milestone. It's nearing 5 million total holders, a testament to its active community and widespread adoption

With over 4.78 million accounts and a majority having nonzero balances, the XRP ecosystem appears robust and bullish from a fundamental perspective

Meanwhile, the SEC continues its legal battle against Ripple. Despite setbacks, Ripple remains determined, eyeing growth both in the US and globally. Settlement prospects remain uncertain, but the showdown continues.