XRP has proven exceptional resilience after a turbulent occasion that noticed over $19 billion worn out from the crypto market. The token, which had fallen beneath $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 worry, 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 newest knowledge reveals that XRP’s restoration from its flash crash lows round $1.90 to $2.20, after which in direction of $2.50, has unfolded in tandem with probably the most intense waves of unfavorable 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 value crashing alongside many different cryptocurrencies. Information and macroeconomic occasions, notably the US tariff announcement on China, brought on many XRP holders to promote at a loss below intense Worry, Uncertainty, and Doubt (FUD). This, in flip, brought on the crowd sentiment to tank massively.
Information from the on-chain analytics platform Santiment reveals that the ratio of constructive versus unfavorable 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 practically per week.
This sustained interval of pessimism reveals shaken confidence amongst XRP merchants through the latest value 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. Because of this some optimism is returning now that XRP is making an attempt 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 part. In line with Santiment, the low ratio of constructive to unfavorable 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 take care of its place above $2.50, it could possibly be interpreted as affirmation of renewed bullish momentum. From right here, the following value targets can be earlier assist 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% up to now 24 hours.
Featured picture from Pxfuel, chart from Tradingview.com
