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Altcoins & DeFi

Analyst says negative XRP sentiment could signal buying opportunity at $1.18

Image: CoinTurk News

XRP’s social sentiment has dropped to its lowest level since July, drawing the attention of Ali Martinez, a well-known cryptocurrency analyst recognized for his technical charting and contrarian calls. Data from Santiment, a blockchain analytics firm specializing in on-chain and sentiment tracking, indicates that public perception around XRP turned sharply negative in early November. The sentiment score, measured daily, transitioned from a positive outlook at the end of October to readings between -0.04 and -0.05, marking the lowest levels seen since mid-summer. This decline in social mood followed the recent midterm election. The drop in sentiment happened rapidly, falling abruptly over several days instead of declining gradually.

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