Negative Sentiment Toward XRP Hits 6-Month Peak — History Says That’s Bullish 📉
Negative sentiment towards XRP has skyrocketed to its highest level in half a year, a phenomenon that could mark a bullish future for the cryptocurrency. The on-chain data platform, Santiment, highlights that extreme negativity often results in price rebounds, suggesting market behavior favoring contrarians.
Investors are experiencing FUD, comparable to the US tariff war period, leading to past price rallies. With Santiment's machine-learning model tracking sentiment via social media, negative mentions for XRP have recently outpaced positive ones, presenting an opportunity for institutional investors to buy transparently rebounding movements.
Moreover, the sentiment is reflected in its market cap rankings as BNB overtakes XRP, driven rather by BNB's market potency than XRP's deficiency. While BNB surged over 5%, XRP fell slightly, underlining the possible tactical buy-in point amid current market circumstances for possible profiteering.
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