XRP Sentiment Turns Bearish as Bullish-to-Bearish Ratio Hits Record Low

The sentiment around XRP has turned bearish as its bullish-to-bearish ratio hit a low of 0.67 on October 1, according to Santiment.

This means that for every 100 pessimistic comments about the token, there were only 67 optimistic ones, indicating a shift in crowd emotion rather than a confirmed rise in selling volume.

Santiment's analysis suggests that this bearish mood may be an opportunity for contrarian traders who wait for divergences between market signals and crowd expectations.

The firm noted that while fear is returning around XRP, some underlying market signals remain healthy, which is exactly the kind of divergence contrarian traders typically look for.