According to an analytics report, XRP traded near $2.06 on Friday as social chatter around the token turned sharply negative after a two-month slide of about 30%.
Traders and data firms flagged a sudden rise in bearish messages, a shift from the more mixed views seen earlier this year. The mood has tightened around crypto, and XRP is not immune.
Crowd Mood Shifts To Fear
Based on reports from Santiment, its chart tracks XRP’s price against positive and negative comments and a combined sentiment line that aims to measure crowd feeling.
Recent readings pushed the balance into what Santiment calls the fear zone, where negative talk outweighs optimism. On this same model, Santiment pointed to Nov. 21 as a comparable moment.
Back then, XRP rallied more than 20% over the next three days before gains cooled. That past move is being used as a reference point by traders who watch social signals closely.
Short Squeezes And Reflexive Moves
Extreme pessimism can become a catalyst. When weaker holders sell and shorts pile in, a quick reversal can squeeze sellers and lift price sharply. This is the scenario many are watching: heavy bearish chatter could clear the way for a reflexive rebound if buying pressure appears.
Santiment urged followers to keep an eye on the same dashboard to spot rapid shifts in sentiment, and some traders say the crowd’s mood often leads price in the very short term.
Price Moves And Market Backdrop
XRP was last reported down about 4% at $2.04, extending a loss of roughly 6% over the past month. The total crypto market value slipped about 1% to $3.22 trillion on the same day, a pullback that has dragged on many altcoins even as liquidity stays concentrated in the largest tokens.
Order books on smaller pairs have thinned and leveraged positions were trimmed, leaving less depth to absorb big moves. Traders also cited uncertainty around upcoming US policy decisions as a factor behind cautious positioning.
Institutional Push And On-Ledger Activity
Analysts watching the token say it still has room to run toward $2.50 to $2.75 if cross-border liquidity flows pick up and stablecoin projects on the XRP Ledger gain momentum. Reports have disclosed that Ripple has been moving to broaden its institutional reach.
Last month, the firm launched digital asset spot prime brokerage services in the US after acquiring Hidden Road and folding it into Ripple Prime, a combined trading and custody setup for professional clients. That push is being watched as a potential longer-term support for demand.
Vocal Bulls And Market Signals
Despite the FUD surrounding XRP, Cameron Scrubs, founder of Tradeship University, has again urged followers to “buy XRP,” stating that other crypto assets “don’t matter.” In previous posts, he also called to “sell everything and buy XRP.”
Traders are watching these statements closely as sentiment shifts, while on-chain data and social signals are being monitored for indications that the current negative chatter may be starting to ease.
Featured image from Gemini, chart from TradingView
