XRP has proven exceptional resilience after a turbulent occasion that noticed over $19 billion wiped out from the crypto market. The token, which had fallen under $1.90 simply ten days in the past, is now showing signs of strength 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 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 direction of $2.50, has unfolded in tandem with one of the vital intense waves of adverse sentiment recorded this 12 months. 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 worth crashing alongside many different cryptocurrencies. News and macroeconomic events, significantly the US tariff announcement on China, induced many XRP holders to promote at a loss below intense Concern, Uncertainty, and Doubt (FUD). This, in flip, induced the crowd sentiment to tank massively.
Knowledge from the on-chain analytics platform Santiment reveals that the ratio of optimistic 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 per week.
This sustained interval of pessimism reveals shaken confidence amongst XRP merchants through the latest worth volatility. Nonetheless, there are early indicators of stabilization. The sentiment ratio has begun to recuperate 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 means to rebound below such heavy FUD suggests the asset could also be entering a stronger accumulation phase. In accordance with Santiment, the low ratio of optimistic to adverse 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 could possibly be interpreted as affirmation of renewed bullish momentum. From right here, the following worth targets could be earlier help 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% previously 24 hours.
Featured picture from Pxfuel, chart from Tradingview.com
