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 beneath $1.90 simply ten days in the past, is now exhibiting indicators of energy 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 information means that it is a purchase sign for XRP.
XRP Rebounds Strongly After Market Capitulation
Santiment’s newest information 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 unfavourable sentiment recorded this 12 months. Notably, the platform’s crowd sentiment ratio reached its lowest degree since January, reflecting the acute level of pessimism amongst merchants.
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This excessive pessimism was a results of the XRP worth crashing alongside many different cryptocurrencies. Information and macroeconomic occasions, notably the US tariff announcement on China, brought about many XRP holders to promote at a loss beneath intense Concern, Uncertainty, and Doubt (FUD). This, in flip, brought about the crowd sentiment to tank massively.
Knowledge from the on-chain analytics platform Santiment exhibits that the ratio of optimistic versus unfavourable 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 degree for almost every week.
This sustained interval of pessimism exhibits shaken confidence amongst XRP merchants throughout the latest worth volatility. Nevertheless, there are early indicators of stabilization. The sentiment ratio has begun to get well 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 beneath such heavy FUD suggests the asset could also be coming into a stronger accumulation section. In accordance with Santiment, the low ratio of optimistic to unfavourable feedback is often a purchase sign, particularly for merchants who’ve been seeking 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 might be interpreted as affirmation of renewed bullish momentum. From right here, the subsequent worth targets could be earlier assist ranges at $2.72 and $2.80 within the brief time period. Stronger bullish momentum would see XRP lengthen 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
