Retail enthusiasm for XRP has continued to rise, reaching the highest level in the past five weeks despite recent price struggles. However, analysts caution that increasing optimism from investors may not immediately translate into a meaningful price recovery.
On-chain sentiment hits strongest level among top cryptos
On-chain analytics provider Santiment reported that XRP has recently attracted the most pronounced bullish sentiment of the top three cryptocurrencies. Currently, there are about 3.02 positive comments for every negative one regarding XRP, a notable increase in retail confidence. By comparison, Ethereum has a bullish-to-bearish ratio of 2.31, while Bitcoin remains more neutral at 1.40, suggesting a more cautious stance among market participants toward BTC.
Although retail sentiment regarding XRP has surged, Santiment highlighted that strong waves of fear of missing out have historically preceded price swings and short-term volatility.
These developments come as many investors become increasingly optimistic about the short-term trajectory of XRP, even as the broader cryptocurrency market remains mixed. Analysts caution, however, that surging retail sentiment often correlates with increased volatility. Historical trading patterns indicate that sudden jumps in crowd optimism can result in the opposite of the desired outcome, with prices occasionally facing further downside or a prolonged period of consolidation before rebounding.
By contrast, Bitcoin, which currently holds a more balanced sentiment ratio, may have greater potential for upside should overall market conditions improve, as traders have not yet shown the same degree of FOMO-driven positioning.
| Asset | Bullish/Bearish Comment Ratio |
|---|---|
| XRP | 3.02 |
| Ethereum | 2.31 |
| Bitcoin | 1.40 |
Technical analysis suggests bottoming process underway
Technical analyst EGRAG CRYPTO stated that XRP’s longer-term chart structure is beginning to mirror patterns observed during previous cycle lows. According to his research, the two-week chart shows the Ultimate RSI and MACD indicators at levels that have historically aligned with major XRP bottoms.
EGRAG’s analysis of XRP’s time cycles notes that the last bottom-to-bottom interval lasted around 826 days. If history repeats itself, XRP could be entering a new bottoming phase projected to extend into late 2026. He emphasizes, however, that this is a potential window—not proof that the lowest point has been reached.
In the short term, EGRAG anticipates that a relief rally could develop in July as downward momentum slows, but he also foresees the risk of renewed declines between August and October.
EGRAG points out that confirmation of a definitive bottom will require a series of technical signals: the Relative Strength Index (RSI) must form a higher low, cross above its moving average, that average must turn upward, a bullish MACD crossover should occur, and XRP has to reclaim important price levels.
Until these conditions are met, EGRAG states his preferred strategy remains focused on targeted accumulation of XRP, seeking swing trade opportunities, and not assuming that the corrective phase is already complete.
Data from research platform CoinCodex indicates that XRP is currently priced at $1.09.
Some long-term analysts believe that, if the current conditions mature as in previous cycles, XRP could eventually support price targets between $5 and $31 in the next market upturn. However, they broadly agree that while the bottoming window may be opening, clear confirmation has not yet arrived.
