October Sees Lowest Social Sentiment for XRP: Implications for Ripple's Prices

Negative Sentiment Peaks

Social media negativity surrounding Ripple’s XRP token has surged to its highest levels in over a month. This downturn comes at a time when XRP’s price continues to slump by around 31% in the last two months, notwithstanding solid institutional interest in new spot ETFs.

Historical trends imply that such pessimism often precedes short-term price recoveries for the token.

Market Sentiment Insights

Recent findings from social analytics platform Santiment reveal the most intense level of fear, uncertainty, and doubt (FUD) directed at XRP since October. The methodology calculates the balance of bullish versus bearish remarks on platforms like X, Reddit, and Telegram. Following a comparable spike in negative sentiments noted on November 21 last year, XRP’s price rose by 22% in just three days before the momentum reversed. This occurrence aligns with known market behavior where asset prices can diverge from prevailing public sentiment, hinting at the potential for a counter-trend rally.

Simultaneously, XRP’s declining social mood starkly contrasts with encouraging on-chain and institutional indicators. The XRP Ledger’s Velocity metric, which monitors the frequency of transactions, has reached a yearly high, suggesting a substantial rise in economic activity within the network. Moreover, U.S. spot XRP ETFs have achieved net inflows for 13 consecutive trading days since their launch in mid-November, accumulating nearly $900 million in total and outperforming Bitcoin and Ethereum over the same timeframe.

Technical Analysis

From a technical standpoint, analysts are monitoring a significant resistance level at around $2.28. They argue that a sustained break above this point could pave the way for rises towards the $2.75 mark. Currently, XRP trades at approximately $2.09, having dipped by over 4% in the past day and nearly 8% in the last month.

Some technical analysts are drawing comparisons between current market dynamics and the patterns observed during the 2016-2017 period before XRP’s historic bull run. Indicators such as the Stochastic RSI on weekly charts are suggesting oversold conditions, which could signal the conclusion of recent price declines.

The key question, however, remains whether the current negative sentiment will spur a rebound or unveil deeper systemic issues. XRP is presently trading over 40% below its all-time high of $3.65 from July 2025.

Conclusion

The contrast between social media sentiment and the underlying technical and economic indicators presents a complex scenario for XRP. The coming weeks will be crucial in determining whether this negative sentiment will act as a catalyst for a price recovery.