
XRP sentiment on social media has remained relatively robust despite a crypto market slump that has seen Bitcoin fall close to $70,000.
Santiment said in an X post on Wednesday that âXRP is seeing a more optimistic outlook among tradersâ on social media as Bitcoin (BTC) and Ethereum (ETH) have âturned extremely bearishâ after a major downswing.
Santimentâs Positive/Negative sentiment indicator, which measures the ratio of positive to negative social media mentions for a cryptoasset, shows XRP (XRP) has a score of 2.19, 103% higher than Ethereumâs 1.08 and 173% higher than Bitcoinâs 0.80.
Over the past seven days, the prices of Bitcoin and Ethereum have fallen by 4.97% and 4.92%, respectively, according to CoinMarketCap. XRP has fallen even further, dropping 6.82% over the same time frame.
Swyftx lead analyst Pav Hundal told Cointelegraph on Wednesday that XRP holders âwear volatility differently.â
âXRP doesnât move wildly outside the bounds of the rest of the market,â he said, arguing that XRP holders have an âunwavering faithâ in the assetâs fundamentals, so they tend to be less skeptical in the drawdown.
Short-term ârelief rallyâ may be in sight
“The coming weeks look tough,â Hundal said, emphasizing that XRP is âstill downâ 35.5% over the past 30 days.
Santiment argued that the fearful sentiment may lead to market upside.
âThere remains a strong argument for a short-term relief rally as long as the small trader crowd continues to show disbelief toward cryptocurrency as a whole,â Santiment said.
Alternative.meâs Crypto Fear & Greed Index, which measures overall crypto market sentiment, posted an âextreme fearâ score of 12, the lowest it has recorded since Dec. 16, signaling extreme caution among investors.Â
âFull-blown crypto winterâ may be coming to an end
Other indicators point to the same caution, with the CoinMarketCap Altcoin Season Index currently in âBitcoin Seasonâ at 32 out of 100, suggesting investors continue to favour Bitcoin over riskier cryptocurrencies further down the curve.
Related: Kyle Samani leaves Multicoin in âbittersweet momentâ to explore new tech
Bitwise chief investment officer Matt Hougan said in an X post on Tuesday that âCrypto Twitterâ has only realized that the crypto is in a âfull-blown crypto winter.â
âWe have been in a crypto winter since January 2025. Chances are, weâre closer to the end than the beginning,â Hougan said.
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