XRP has formed a Death Cross on its daily chart, with the 50-day simple moving average (SMA) crossing below the 200-day SMA on November 27. This technical pattern often precedes significant price declines, with historical data suggesting a potential drop of up to 15%. Currently trading at $2.17, XRP could fall to $1.50 if the pattern holds. Analyst Umair highlights a consolidation range between $1.90 and $2.08 as critical for XRP's near-term direction. A breakdown from this range could lead to a sharp decline. Despite the broader crypto market's upward trend, XRP struggles to break the $2.30 resistance. Meanwhile, a decrease in exchange-held XRP reserves indicates reduced sell pressure, which may impact long-term price movements.