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XRP bearish sentiment hits extreme fear, signaling a potential sharp price rebound soon.

Technical Signals
12 Jul 2026
Coinpaper
View Source
Bullish
pluang ai news

After a 72% price drop, XRP has reached extreme bearish sentiment, with heavy short interest and negative funding rates on Binance. Analysts like Crypto Patel see this as a contrarian buy signal, noting past rebounds of over 100% after similar conditions. Technical patterns and reduced leverage suggest XRP might have bottomed, with projections of a rally toward $5 to $31. Growing wallet adoption also supports a potential recovery, making the coming weeks critical for XRP's next move.

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