XRP Strengthens Under The Weight Of Heavy FUD And Loss-Selling, What This Means For Price
XRP has proven outstanding resilience after a turbulent occasion that noticed over $19 billion worn out from the crypto market. The token, which had fallen under $1.90 simply ten days in the past, is now displaying indicators of power and searching prefer it’s going to interrupt previous $2.50 anytime quickly. This rebound comes amid an environment of widespread concern, uncertainty, and doubt (FUD) throughout the market. Regardless of the shaky sentiment, on-chain knowledge means that this can be a purchase sign for XRP.
XRP Rebounds Strongly After Market Capitulation
Santiment’s latest data reveals that XRP’s restoration from its flash crash lows round $1.90 to $2.20, after which in the direction of $2.50, has unfolded in tandem with one of the intense waves of destructive sentiment recorded this yr. Notably, the platform’s crowd sentiment ratio reached its lowest stage since January, reflecting the intense level of pessimism amongst merchants.
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This excessive pessimism was a results of the XRP worth crashing alongside many different cryptocurrencies. News and macroeconomic events, significantly the US tariff announcement on China, brought on many XRP holders to promote at a loss below intense Concern, Uncertainty, and Doubt (FUD). This, in flip, brought on the crowd sentiment to tank massively.
Knowledge from the on-chain analytics platform Santiment exhibits that the ratio of optimistic versus destructive feedback surrounding XRP fell to 1.856, its lowest level since late January 2025. The chart from Santiment illustrates how this ratio has been deteriorating steadily since mid-September. It dropped from 1.93 on September 19 to 1.44 by October 1 earlier than plunging to 1.01 on October 8 and staying round that stage for almost per week.
This sustained interval of pessimism exhibits shaken confidence amongst XRP merchants in the course of the current worth volatility. Nonetheless, there are early indicators of stabilization. The sentiment ratio has begun to get better barely, rising to 1.35 on the time of writing. Which means some optimism is returning now that XRP is attempting to reclaim $2.5.
What This Means For XRP’s Subsequent Transfer
XRP’s skill to rebound below such heavy FUD suggests the asset could also be getting into a stronger accumulation section. In keeping with Santiment, the low ratio of optimistic to destructive feedback is usually a purchase sign, particularly for merchants who’ve been trying to accumulate at decrease costs. Santiment famous this by saying that “costs sometimes transfer reverse to retail’s expectations.”
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If XRP manages to keep up its place above $2.50, it could possibly be interpreted as affirmation of renewed bullish momentum. From right here, the subsequent worth targets can be earlier help ranges at $2.72 and $2.80 within the quick time period. Stronger bullish momentum would see XRP prolong the rally and break above $3.
On the time of writing, XRP is buying and selling at $2.4, down by 1% previously 24 hours.
Featured picture from Pxfuel, chart from Tradingview.com
