XRP sentiment has dropped to its lowest level in roughly a month, according to Santiment data. The positive-to-negative comment ratio now stands at 0.67, reflecting overwhelming bearishness among traders. This decline occurred despite a recent rally and as some investors express frustration over XRP’s stagnant price despite major institutional adoption wins for the XRP Ledger. Ethereum’s bullish-to-bearish sentiment has also declined, with a ratio of 0.89, its weakest reading since June 7. Santiment suggests this extreme bearishness could serve as a contrarian signal, though without any guarantee of a rebound.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
