XRP bullish-to-bearish ratio falls to 0.67, lowest since August
Image: CoinGapeXRP's bullish-to-bearish social comment ratio fell to 0.67, its lowest reading since August, according to Santiment. A ratio below 1.0 means bearish commentary outnumbers bullish posts across X, Reddit and Telegram. Ethereum's ratio slipped to 0.89, its weakest since June 7. Santiment described the pessimism as a potential contrarian setup and cautioned that an immediate bounce is uncertain.
Key points
- XRP's bullish-to-bearish comment ratio fell to 0.67 across X, Reddit and Telegram.
- A ratio below 1.0 means bearish commentary now outnumbers bullish posts for XRP.
- Santiment said the XRP reading was its lowest since August.
- Ethereum's ratio slipped to 0.89, its weakest reading since June 7.
- Santiment called the pessimism a potential contrarian setup and said an immediate bounce is uncertain.
Why it matters
Sentiment readings are watched as a possible contrarian signal, and the reported data measures expressed expectations rather than executed trades. The ratio does not confirm a rise in selling volume.
What's unclear
XRP Ledger wallet activity is reported differently: one report cites 3,647 new wallets as XRP crossed $1.60, while another cites more than 11,000 new wallets in a single day.
Price context · XRP
At publication
$1.53
Now
$1.54
Change since
+0.65%
7 days · dashed line = publication
Sources · 2 publishers
CoinGape
Tier 2
XRP Bullish-to-Bearish Ratio Falls to 0.67, Worst Reading Since August 17: Santiment
Coverage timeline
- First reported by Bitcoin.com News
- Confirmed by CoinGape
- CryptoVideos brief published
How this brief was made. Our system found this event in 2 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error
NEAR
−4.9%
