- XRP sentiment plunges to extreme fear levels, signaling potential accumulation opportunities for contrarian investors.
- Technical charts show weakening demand as XRP struggles below $3, with traders eyeing a possible drop toward $2.2.
- BNB’s surge above $1,300 and overtaking XRP in market cap adds pressure, reflecting shifting dominance in top altcoins.
XRP has experienced one of its most fearful sentiment phases in months. According to Santiment, XRP is seeing its highest level of retail FUD since Trump’s tariffs were announced six months ago.
The analytics firm reported, “There have been more bearish comments than bullish for 2 of the past 3 days, which is generally a promising buy signal. Markets move opposite to small trader expectations.”
Data from Santiment’s Sanbase shows that community emotions around XRP have swung sharply from optimism to fear over recent weeks. On September 17, the bullish-to-bearish ratio hit 3.21, marking a euphoric sentiment peak. Analysts at the time viewed this extreme optimism as a reliable top signal. XRP traded near its local highs during that period, confirming overheated enthusiasm.
However, enthusiasm faded quickly. By October 4, sentiment flipped into deep fear, with the ratio plunging to 0.74. This reading reflected widespread pessimism and investor frustration. Just two days later, on October 6, the ratio slightly recovered to 0.86, but fear remained dominant. Historically, such low readings often indicate buying opportunities for contrarian investors.
Technical Pressure Mounts as Support Weakens
Veteran trader Peter Brandt warned that XRP could fall to $2.2 if it closes below $2.68. He noted a descending triangle pattern, which often signals weakening demand. “The chart shows XRP making lower highs while holding a horizontal base at $2.6,” Brandt explained, suggesting that buying strength is fading. XRP has repeatedly failed to reclaim the $3.00–$3.10 resistance zone, confirming that sellers currently control market direction.
Besides, competing altcoins are strengthening. BNB has surged above $1,300, pushing its market capitalization beyond $177 billion, overtaking XRP in rank. This shift has added further psychological pressure on XRP holders.
Market Reaction and Sentiment Correlation
The yellow and green histogram bars in Santiment’s data visualize spikes in positive and negative commentary. Moreover, the corresponding red and green volume bars reveal that trading activity intensifies during emotional extremes. Such behavior confirms that fear and greed continue to dictate XRP’s short-term price movements.
As of writing, CoinMarketCap shows XRP trading at $2.86, down 3.43% in 24 hours, with a daily volume exceeding $7.2 billion.
