XRP Sentiment Plummets Amid September Rally
XRP's sentiment has taken a turn for the worse, plummeting to its lowest level since August despite a promising September rally. According to data from Santiment, the cryptocurrency's bullish-to-bearish social comment ratio has fallen to 0.67, indicating that bearish comments significantly outweigh bullish remarks across online platforms.
This shift marks a sharp change from the optimism surrounding XRP's price gains in September. As the token retains its September advance, sentiment has moved back toward the lower end of its recent range, with roughly 67 bullish comments for every 100 bearish ones.
The decline in sentiment contrasts with XRP's performance during September, when it advanced and temporarily generated stronger optimism among commentators. However, that improvement was not sustained as the market moved into October.