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Coinpaper 2026-04-13 13:38:19

XRP FUD Reaches Two-Year Extreme as Analyst Targets $8.50 Breakout

XRP entered the new week under heavy bearish sentiment as social commentary around the token turned sharply negative. Santiment reported that fear, uncertainty, and doubt around XRP reached one of its highest levels in the past two years. At the same time, analysts pointed to a long-term chart structure that could still support a major breakout. XRP Weekly Sentiment Turns Negative Santiment reported that XRP’s weekly social data has fallen to one of its weakest readings in two years. The platform said bearish comments have overtaken bullish comments across major social platforms, showing that many retail traders have turned cautious after XRP’s extended decline from its 2025 peak. XRP recorded 1.02 bullish comments for every 1.00 bearish comment over the past week. While that ratio may appear balanced, it reflects an unusually pessimistic backdrop for XRP, especially when compared with earlier periods of stronger optimism. Santiment described the current reading as the third-highest FUD level for XRP in the past two years. XRP weekly social data | Source: X The firm also pointed to earlier cases when XRP sentiment dropped to similar levels. In February 2025, the ratio slipped to 0.96 bullish comments per 1.00 bearish comment as XRP fell from about $2.78 to $1.79. Santiment said that phase later marked a local bottom before the token recovered toward $3 in early March. A similar pattern appeared again in October 2025. At that time, the positive-to-negative comment ratio fell to 1.01, and XRP dropped to around $0.77 on Binance before rebounding to $2.69. Based on those earlier moves, deeply negative sentiment preceded short-term recoveries in XRP price. Analyst Points to XRP Long-term Breakout While social sentiment remains weak, Ali Martinez said XRP has continued to trade within a rising triangle that has been forming on the monthly chart since 2017. The pattern shows repeated rejections near resistance and repeated rebounds from a rising support line. Martinez said the structure has now tightened near its apex, a stage that often precedes a larger move. He identified the upper resistance area around $3.30 and said a confirmed breakout from that long-term range could open the way toward $8.50. Based on current price levels, that target would represent a gain of more than 530%. Martinez also identified the $0.75 to $0.80 zone as a critical area to watch if XRP price faces another pullback. In his view, that range could act as the final major buy-the-dip zone before the triangle resolves. His chart suggests that XRP remains inside the broader structure despite repeated setbacks over the years. Meanwhile, analyst CryptoOnchain said Binance’s XRP taker buy and sell data shows a shift toward stronger accumulation. The 100-day moving average for the taker buy ratio recently reached a record high, while the 30-day reading climbed to 0.495. At the same time, the taker-seller ratio fell to 0.505, suggesting reduced selling pressure.

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