According to Benzinga, Ripple (XRP) continued its strong downward trend last week and is hovering near its lowest level since November 2024. The report’s headline framed the move around two simultaneous points: XRP’s slide has brought a death cross into view, while ETF inflows are rising.
The available summary does not provide a specific XRP price, percentage decline, or the size of the ETF inflows. It focuses on the continued weakness in the token’s market trend and the fact that the asset is trading around levels not seen since November 2024.
A death cross is a commonly used technical term for a chart pattern in which a shorter-term moving average crosses below a longer-term moving average. Benzinga’s wording indicates that this technical setup is now part of the discussion around XRP’s latest decline, despite the reference to increasing ETF inflows.