Santiment Reports XRP ‘Extreme Fear’ May Signal Imminent Rally

XRP has entered "Extreme Fear" territory in social sentiment, according to analytics firm Santiment. This sentiment shift follows a 19% decline from its early January high.

Santiment notes that historically, such bearish sentiment precedes rallies as market prices often move opposite to retail expectations.
A chart by Santiment aligns XRP’s price movements with social commentary, highlighting zones of fear and greed.
Recent signals show mixed reliability: some "buy" and "sell" markers aligned with market movements, while others led to short-term volatility.
The recent "buy" marker around January 18 was early, but the January 20-21 marker aligns with a modest rebound in XRP's price.
Santiment suggests that extreme pessimism could indicate exhausted selling pressure, potentially setting up for a price reversal.

Currently, XRP is trading at $1.9498.