%{{tag.tag}} {{articledata.title}} {{moment(articledata.cdate)}} @{{articledata.company.replace(" ","")}} comment Cryptocurrency XRP (CRYPTO: $XRP ) has declined nearly 10% in recent days and is close to forming a bearish "death cross." The death cross is a negative technical pattern that forms when an asset's 50-day simple moving average crosses below its 200-day simple moving average. XRP has not formed a death cross since May of this year, which occurred amid the chaos caused by U.S. President Donald Trump's tariffs. The death cross is a widely watched indicator suggesting that short-term price momentum is weakening and likely to lead to an extended downturn. The looming and ominous death cross for XRP, along with a broader downturn in digital assets, adds to the gloomy sentiment surrounding cryptocurrencies right now. XRP is the payments-focused cryptocurrency that Ripple uses to facilitate cross-border payments and financial transactions. Year-to-date, XRP's price is down 24% and trading at $2.26 U.S. per share. The decline in XRP comes as Bitcoin's price slides to $103,000 U.S., its lowest level since June of this year amid rising negativity towards crypto.