Summary
- It reported that market sentiment toward XRP is cooling rapidly.
- XRP has fallen more than 31% over the past two months and entered the fear zone earlier this month.
- Sentiment referenced a past case where there was a 22% surge over three days following the same level of fear, and added that a opportunity appears to be arising now.
Market sentiment toward XRP appears to be cooling rapidly.
On the 5th (Korean time), Cryptopolitan reported that Sentiment said in a report, "XRP has fallen more than 31% over the past two months," adding, "Unlike Bitcoin, whose market sentiment returned to neutral since last October, XRP re-entered the fear zone earlier this month." However, Sentiment said, "The last time the market felt this level of fear was on the 21st," and said, "After that, XRP's price surged 22% over three days." It added, "It still appears that an opportunity is emerging, just as two weeks ago."
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