XRP has proven outstanding resilience after a turbulent occasion that noticed over $19 billion wiped out from the crypto market. The token, which had fallen beneath $1.90 simply ten days in the past, is now showing signs of strength and looking out 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 this can be a buy signal 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 crucial intense waves of adverse sentiment recorded this yr. Notably, the platform’s crowd sentiment ratio reached its lowest degree 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. News and macroeconomic events, significantly the US tariff announcement on China, brought about many XRP holders to promote at a loss below intense Worry, Uncertainty, and Doubt (FUD). This, in flip, brought about the crowd sentiment to tank massively.
Information from the on-chain analytics platform Santiment exhibits that the ratio of constructive versus adverse 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 practically every week.
This sustained interval of pessimism exhibits shaken confidence amongst XRP merchants through the current value volatility. Nevertheless, 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 capacity to rebound below such heavy FUD suggests the asset could also be entering a stronger accumulation phase. In response to Santiment, the low ratio of constructive to adverse 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 value 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% up to now 24 hours.
Featured picture from Pxfuel, chart from Tradingview.com
