Benzinga reported that Ripple-linked XRP continued its strong downward trend last week and is now hovering near its lowest level since November 2024. The report’s headline said the XRP slide has put a “death cross” in view, even as ETF inflows are rising.
Price weakness and ETF inflows move in opposite directions
The item presents two key points side by side. On price action, XRP remained under pressure and traded near a multi-month low. On fund flows, ETF inflows were described as rising. The available summary did not provide a specific dollar amount for those inflows, nor did it state XRP’s exact weekly percentage decline or current trading price.
A death cross is a common technical-analysis term that usually refers to a shorter-term moving average crossing below a longer-term moving average. Traders use the pattern as a way to describe weakening price momentum. Benzinga’s wording, “in view,” indicates that the signal has entered the area of observation rather than stating that it has already been confirmed.
Based on the information provided, the central takeaway is that XRP remains in a pronounced downward trend and is trading near its lowest level since November 2024. At the same time, rising ETF inflows form a contrasting data point, but the report still characterizes XRP’s recent market direction as strongly downward.