XRP SENTIMENT AT 4-MONTH LOW, CAN PRICE HOLD ABOVE $1?
đ Price: XRP fell from $1.32 to $1.15, breaking support at $1.24 that held for over two months. From the local top of $1.41 on Sept 27, XRP is down nearly 20%.
đš Sentiment: Per Santiment, investor sentiment toward XRP is at its lowest since July 8, with traders who once expected $5 now in panic. The Crypto Fear & Greed Index sits at 21, in Fear territory.
đž Flows: Long-term holders sold about $640M of XRP in 30 days, institutions net sold $83M since Oct 10 while retail net bought $59M. Four spot XRP ETFs have drawn $809M since launching Sept 22, but almost no new inflows in the past 7 days.
â ïž Key level: Below $1.20 sits a dense liquidation cluster around $1.15. Losing it could trigger forced selling toward $1.05; holding it opens a rebound to $1.24, even $1.43.
đŹ Extreme fear often shows up before a recovery, but a rebound is far from certain. If one comes, aggressive XRP shorts face short-squeeze risk.
$XRP
đ Price: XRP fell from $1.32 to $1.15, breaking support at $1.24 that held for over two months. From the local top of $1.41 on Sept 27, XRP is down nearly 20%.
đš Sentiment: Per Santiment, investor sentiment toward XRP is at its lowest since July 8, with traders who once expected $5 now in panic. The Crypto Fear & Greed Index sits at 21, in Fear territory.
đž Flows: Long-term holders sold about $640M of XRP in 30 days, institutions net sold $83M since Oct 10 while retail net bought $59M. Four spot XRP ETFs have drawn $809M since launching Sept 22, but almost no new inflows in the past 7 days.
â ïž Key level: Below $1.20 sits a dense liquidation cluster around $1.15. Losing it could trigger forced selling toward $1.05; holding it opens a rebound to $1.24, even $1.43.
đŹ Extreme fear often shows up before a recovery, but a rebound is far from certain. If one comes, aggressive XRP shorts face short-squeeze risk.
$XRP
