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XRP and ether retail enthusiasm rises as prices slip

Santiment data showed XRP sentiment reached its most bullish level in five weeks even as XRP traded around $1.09 on Monday.

Reported · Written up by our desk · Market Structure

CoinDesk reports that social media and retail interest in XRP and ether intensified even as both tokens declined, a pattern analysts often associate with additional short term downside risk rather than an imminent rebound. According to Santiment, XRP received 3.02 bullish social media comments for every bearish one on Monday, its most positive reading in five weeks, while ether’s ratio was 2.31. Bitcoin’s bullish to bearish ratio was 1.40, which Santiment categorized as neutral, pointing to more muted engagement in the broader market. CoinDesk said both bitcoin and ether started higher and then faded during the day, while the loudest sentiment was concentrated in the assets that were slipping. The outlet added that Santiment uses these sentiment readings as contrarian signals, noting that crypto often moves opposite what the crowd expects, particularly when enthusiasm peaks near local tops. CoinDesk also highlighted that XRP and ether sentiment strength appears concentrated among smaller tokens, while retail commentary on bitcoin stayed neutral. XRP traded near $1.09 on Monday, down on the week, as the bullish chatter rose.

Latest closeBitcoin $62,782.94 ▲0.9%|XRP $1.071 ▲0.5%

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