XRP Fear Reaches New Highs: Could This Be a Buying Opportunity?

Fear sentiment for XRP is surging to its highest point since October 2023, echoing a similar pattern that preceded a remarkable 22% price rally in November. On-chain analytics firm Santiment highlights this trend, drawing parallels between the current market conditions and the pre-rally phase two months ago. Despite concerns surrounding XRP’s recent downward pressure, some experts believe this high level of fear could indicate an upcoming price rebound. Santiment’s data suggests that extreme fear often precedes price surges, as it signifies a potential exhaustion of sellers and preparation for bullish buyers to enter the market.