XRP Finally Broke $3. So Why Is a Top Analyst Sounding the Alarm?

XRP jumps 5%, outperforming Bitcoin and Ethereum in daily gains. Death cross appears, analyst warns of possible XRP price correction. Support may hold at $2.48 if bearish pressure intensifies. XRP has broken through the key psychological barrier of $3 on Monday, surging nearly 5% to hit a high of $3.03. While Bitcoin and Ethereum recorded gains of around 0.50% and 2.50% respectively, XRP stood out by surging nearly 5% to now trade at $3.00 . This performance has placed XRP among the top-performing cryptocurrencies for the day. However, amid the excitement, crypto analyst Ali Martinez issued a warning based on technical indicators. Bearish “Death Cross” Flashes 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 He pointed out that the MVRV ratio, which measures the market value versus the realized value of a cryptocurrency, has flashed a “death cross” for XRP. According to his analysis, this could be a signal of impending downside pressure, suggesting the current rally may not be sustainable. Source: AliCharts He added that on-chai… The post XRP Finally Broke $3. So Why Is a Top Analyst Sounding the Alarm? appeared first on Coin Edition .