XRP Social Metrics Hit October Lows: Why Is That Bullish for Ripple’s Price?

Negative comments about Ripple’s XRP token across social media have reached their highest point in over a month. This wave of doubt has hit at a time when the asset’s price is struggling, and is down roughly 31% over the last two months, despite strong institutional demand for its new spot ETFs.

Historical data suggests such extreme pessimism has often come right before short-term price jumps for the token.

Market Sentiment Reaches a Potential Turning Point

According to the latest data collected by social analytics platform Santiment, social media fear, uncertainty, and doubt (FUD) surrounding XRP has hit its most intense level since October.

The firm’s methodology tracks the ratio of bullish to bearish comments across platforms like X, Reddit, and Telegram, and it noted that the last time a similar level of negative sentiment was observed was on November 21.

Following that date, XRP’s price jumped 22% over the next three days before the advance stopped. This pattern matches a known market principle where prices sometimes move opposite to prevailing crowd psychology, setting the stage for a potential counter-trend bounce.

This gloomy social mood also contrasts sharply with positive on-chain and institutional signals, with recent data showing the XRP Ledger’s Velocity metric, which tracks how frequently the token changes hands, reaching a yearly high. Analysts say that this means there’s a major increase in economic activity and liquidity on the network.

Furthermore, as reported previously, U.S. spot XRP ETFs have seen net inflows for 13 consecutive trading days since their mid-November launch, attracting nearly $900 million in total. These funds have outperformed their Bitcoin and Ethereum counterparts over the same period.

A Technical and Historical Perspective

From a chart perspective, analysts are watching a key resistance level around $2.28. According to them, a sustained break above this price could open a path toward $2.75. The asset is currently trading around $2.09, having fallen over 4% in the past 24 hours and nearly 8% over the last month.

Some technical observers have also pointed to similarities between the current setup and patterns seen in 2016-2017, before XRP’s historic bull run. They noted that momentum indicators like the Stochastic RSI on weekly charts are in oversold territory, a condition that has sometimes marked the end of recent downturns.

Whether the current negative sentiment acts as a contrarian catalyst or simply reflects deeper issues remains the key question. The asset is trading more than 40% below its all-time high of $3.65, set in July 2025.

The post XRP Social Metrics Hit October Lows: Why Is That Bullish for Ripple’s Price? appeared first on CryptoPotato.