Social data shows “extreme fear” for XRP, but price movements and institutional inflows prove otherwise. The post XRP Dives into Extreme Fear, but It’s Good appearedSocial data shows “extreme fear” for XRP, but price movements and institutional inflows prove otherwise. The post XRP Dives into Extreme Fear, but It’s Good appeared

XRP Dives into Extreme Fear, but It’s Good

XRP XRP $1.96 24h volatility: 2.9% Market cap: $119.18 B Vol. 24h: $4.26 B faced significant selling pressure as the broader crypto market saw turbulence due to US President Donald Trump’s latest tariff threats on the EU.

The fifth-largest cryptocurrency even fell to the “extreme fear” zone, Santiment wrote, as retail traders pushed increased bearish commentary.

XRP plunged from its local high of $2.4 on Jan. 5 to $1.88 on Jan. 21. The selling pressure, which brought a 19% price fall to the asset, triggered negative sentiment for XRP, similar to Jan. 2. XRP gained bullish momentum right after the retail was betting on its downfall.

Santiment’s data shows that whenever XRP saw strong bearish sentiment from the crowd, it saw notable gains.

XRP is up by 2% in the past 24 hours and is trading at $1.95 at the time of writing. Its daily trading volume also increased by 22% to $4.3 billion, showing increased interest from traders.

XRP’s Winning with Institutions

Despite the negative crowd, XRP is seeing notable movements from institutions.

The US-based spot XRP exchange-traded funds recorded a net inflow of $7.16 million on Jan. 21, bringing the total net inflows to $1.39 billion, according to data from SoSoValue. So far, these products have seen only two days of outflows on Jan. 7 and 20.

These inflows came while Bitcoin BTC $90 029 24h volatility: 0.8% Market cap: $1.80 T Vol. 24h: $55.87 B spot ETFs saw a $708.71 million outflow, and products connected to Ethereum ETH $3 012 24h volatility: 1.5% Market cap: $363.57 B Vol. 24h: $34.38 B registered a $286.95 million net outflow on the same day.

Moreover, Ripple, the company behind XRP, formed a strategic alliance with DXC Technology, an IT services and consulting company that helps large enterprises run complex technology systems.

This will allow Ripple to integrate blockchain technology into existing banking systems. Ripple’s technology will be embedded directly into DXC’s Hogan core banking platform, a system that currently supports over $5 trillion in deposits and 300 million accounts worldwide.

The strong institutional confidence in Ripple’s technology normalizes the use of crypto-native tech in traditional banking.

next

The post XRP Dives into Extreme Fear, but It’s Good appeared first on Coinspeaker.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.