XRP Market Fear Hits Levels That Previously Triggered Relief Rallies
XRP derivatives traders are leaning bullish. Open interest in XRP futures jumped more than 1% in 24 hours to $2.86 billion, with activity climbing on both CME and Binance, signaling that traders with real money on the line are betting on a move up. Related Reading: Bitcoin Bull Thesis Goes Big: 39 Trillion Reasons To Buy, Says Gemini Founder A Familiar Pattern In The Data On-chain analytics firm Santiment flagged a shift in crowd mood on May 26, pointing out that the bullish-to-bearish comment ratio on social media had slipped to 1.1:1. That places sentiment at its most fearful in three weeks, a level that has historically been followed by short-term price stabilization or a bounce. Santiment’s reasoning is straightforward: when fear peaks, weak hands have already exited, and whales or institutions tend to step in and absorb the sell pressure. XRP was trading at $1.33 at the time of reporting, up about 1% from a 24-hour low of $1.32. Volume climbed 5% over the same period, adding some