According to data shared by Santiment, both the XRP and ETH communities expect an increase in the price of their respective crypto assets in the foreseeable future. The optimism towards XRP and ETH could be a result of Ethereum’s short-term performance and Ripple’s signing of a series of important strategic partnerships, which has led to an increase in positive attitudes among investors.
However, the other side of the market is not feeling so reassured. As the on-chain data provider pointed out, the asset flows in the market are largely independent at this time, which leads to an imbalance in overall sentiment. Whenever the cryptocurrency market community collapses, the overall momentum of the industry disappears, making the recovery of the entire industry impossible. (U.Today)
