
Santiment data shows that retail FUD on XRP hits six-month high, often a reliable sign of rebounds.
Meanwhile, Whales accumulated 120M XRP worth $340M, showing growing confidence despite negative retail sentiment.
XRP nears $3.15 resistance; breakout could target $3.60, while $2.90 remains crucial support.
XRP is once again under the spotlight as retail traders fear, uncertainty, and doubt (FUD) surges to its highest level in 6 months. According to Santiment, a market intelligence platform, social media chatter has turned mostly bearish for two of the past three days, a pattern that, historically, has signaled prime buying opportunities for XRP.
Does it mean XRP is ready for a major breakout?
XRP Market Sentiment Turns Bearish
Over the past few days, XRP has seen more negative comments than positive ones on social platforms. Data from Santiment shows the bullish-to-bearish ratio fell to 0.86 on October 6 and even lower to 0.74 on October 4 — showing strong fear among traders.
In the past, such fear has often come before price jumps. The last time this happened, during Trump’s tariff news six months ago, XRP rallied 17% in just one day.
This is a big change from mid-September, when traders were overly confident and XRP soon dropped. Now, with fear taking over again, the setup looks more balanced and could favor a recovery.
XRP Whale Activity At Its Peak
Despite the gloomy talk, whales are quietly accumulating XRP in huge numbers, reflecting a growing interest in the coin. Santiment data shows that over the past week, addresses holding 10M–100M XRP have added nearly 120M tokens ($340M in value), bringing their control to 8% of the total supply.
Simultaneously, short-term investor accumulation has reached all-time highs, with the 1–3 month holding cohort growing from 10% to 13.8% in early October.
Such large-scale moves often suggest repositioning ahead of a bigger shift.
XRP Price Eyeing $3.60
XRP has been trading between $2.97 and $3.05 over the past 24 hours, holding steady above the important $2.80–$2.90 support zone. Meanwhile, top crypto chart analyst Ali Chart notes that the token is now approaching a key level near $3.15, a point that could decide whether XRP continues its climb or faces a pullback.
After weeks of moving sideways, XRP is showing signs of strength, building higher lows on the chart. This usually means buyers are slowly gaining control. If XRP can close above $3.15, it may rally toward $3.60.
On the other hand, if it slips below $2.90, a short-term correction is likely before another push higher.
Never Miss a Beat in the Crypto World!
Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.
FAQs
XRP FUD (Fear, Uncertainty, Doubt) is high negative social media sentiment. It’s surging as traders react to short-term price action, creating a historically bullish contrarian signal.
Current sentiment is paradoxically bullish. High retail fear combined with heavy whale accumulation often signals a potential price upswing, making it an attractive prospect for some investors.
Analysts suggest a breakout above $3.15 could propel XRP toward $3.60. Key support to hold for this bullish scenario is the $2.80-$2.90 zone.
Trust with CoinPedia:
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored and Advertisements:
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.