#BitcoinRebounds$75KAsChipsLead #JobsReportRaisesHikeOdds The mood around $XRP has soured. Social media sentiment toward the token has fallen to its lowest level since July, according to crypto analyst Ali Martinez. Meanwhile, David Schwartz, Ripple’s CTO Emeritus and one of the architects of the $XRP Ledger, says he has started blocking users who follow him around X to post insults and accusations.

The two developments come as $XRP trades near $1.19, after falling more than 7% earlier this week.Martinez said online chatter about $XRP has turned sharply negative. He suggested, however, that this could work in the token’s favour.

Traders who think this way watch for moments when the crowd is most pessimistic, because markets often move against the majority view. Martinez said $XRP appears to be forming a possible inverse head-and-shoulders bottom on its chart, a pattern often read as a sign that a downtrend is ending.

“The bullish trade may not be overcrowded yet,” Martinez wrote, adding that most traders do not seem to have noticed the setup.

In an earlier post, Martinez put the pattern’s neckline at $1.60, with a break above it pointing to $2.10. The token is now well below that level.