XRP’s price action has underperformed most top cryptocurrencies that have rallied alongside Bitcoin in the past 48 hours. This consolidation comes after a failed attempt to break through resistance near $3.10, which has seen the token slip back down below $3.
However, recent on-chain data from analytics platform Santiment shows that despite XRP’s slower pace, something important is brewing beneath the surface, and it could signal a buying opportunity.
Growing Negative Sentiment Around XRP
According to Santiment’s latest market data, XRP is currently experiencing its highest level of retail fear, uncertainty, and doubt (FUD) in the last six months. The last time the altcoin experienced this high level of retail fear was when Trump’s tariff announcements unsettled market