XRP retail sentiment turns bearish, signaling possible contrarian buying opportunity

Recently, XRP’s bullish-to-bearish commentary ratio dropped below 1.0 for the second time in three days, indicating a trend of fear-driven selling. Historical context shows this level often precedes price recoveries.

When retail investors overwhelmingly lean bearish, markets usually react positively. Conversely, excessive bullishness has previously resulted in price declines. Thus, current negative sentiment may trigger a rise in XRP prices if demand increases.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts