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XRP trader sentiment hits lowest point since August despite recent price rally

Market News
01 Oct 2026
UToday
View Source
Bearish
XRP trader sentiment hits lowest point since August despite recent price rally

XRP trader sentiment has dropped to its lowest level since mid-August, with bearish views dominating social media despite a recent price rally. Data from Santiment shows the positive-to-negative comment ratio for XRP has fallen to 0.67, indicating strong pessimism among traders. This sentiment decline comes even as XRP Ledger gains significant institutional adoption, which some investors feel is being overlooked. Ethereum sentiment also weakened but remains less negative than XRP. Such extreme bearishness may signal a potential buying opportunity, though caution is advised as sentiment and prices can continue to fall.

As of Oct 02, 2026 03:01 WIB, XRP trades on Pluang at Rp26.960 with a 1-day gain of 1.36%, despite the noted drop in trader sentiment to its lowest since August. XRP's market cap stands at Rp1.694,01 trillion, with a majority of Pluang users (64%) buying rather than selling. This contrasts with the bearish sentiment highlighted in the news, showing a divergence between social media sentiment and actual trading activity on the platform.

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