Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
XRP Impressive Comeback After Sentiment Slump, Says Santiment

XRP Impressive Comeback After Sentiment Slump, Says Santiment

CoinliveCoinlive2026/06/16 11:15
By:Coinlive
window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "f91b747e-ab47-4a53-86ed-ccd568c33496"; sevioads_preferences[0].adType = "banner"; sevioads_preferences[0].inventoryId = "b298ea07-30a4-4fd7-b1ff-729209ae7835"; sevioads_preferences[0].accountId = "ad82357c-af89-4cb2-ad76-470425cadd81"; sevioads.push(sevioads_preferences);

XRP surged more than 13% in 24 hours, staging what blockchain analytics firm Santiment called an “impressive comeback” after the token’s market sentiment had dropped to notably bearish levels.

XRP’s Sharp Rebound After Sentiment Bottomed Out

TLDR

  • XRP posted a 13%+ gain in a single 24-hour window
  • Santiment flagged the rally as a comeback from a major sentiment slump
  • Large XRP wallets had been consistently accumulating before the move

The double-digit rally came after XRP sentiment fell to an eight-month low, a level that has historically preceded price recoveries for the token. The speed of the reversal caught many traders off guard.

The move unfolded while broader crypto markets were also seeing activity, with institutional players like Strategy continuing to add Bitcoin to its balance sheet and BlackRock preparing new crypto ETF products.

Why Santiment Flagged the Move

Santiment, an on-chain and social analytics platform, highlighted the rally as significant because it followed a prolonged period of negative crowd sentiment. According to a Santiment insight report, the largest XRP wallets had been steadily accumulating tokens even as smaller holders turned bearish.

Related articles

That accumulation pattern, where large wallets buy into weakness while retail sentiment deteriorates, has preceded recoveries in XRP before. Santiment noted that these major holders were “rewarded” for their consistent buying.

The sentiment slump that preceded the rally was not a minor dip. Crowd mood around XRP had reached its lowest point in eight months, suggesting widespread pessimism before the sharp reversal.

What the Rally Means for Near-Term XRP Attention

A 13% single-day move naturally draws renewed trader and analyst attention to a token that had been falling out of favor. The rally shifted the short-term conversation around XRP from bearish exhaustion to active momentum.

Whether the recovery holds will depend on whether accumulation by large wallets continues and whether broader market conditions, including developments like evolving U.S. crypto regulatory posture, remain supportive. For now, the sentiment reversal marks a clear inflection point in XRP’s near-term trajectory.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

The AI boom may follow the path of the 19th-century railway bubble, and builders may not be the ultimate winners

Goldman Sachs analyst Bobby Molavi compared the current situation to the 19th-century British railway mania: 500 companies spent more than the nation's annual income building 8,000 miles of railway, with most early investors losing out, while the real beneficiaries were the later "passengers." He pointed out that the current AI craze is driven by both debt and momentum, and that the S&P 500’s forward P/E ratio of 18x is only "a bit cheaper." Whether the builders can retain value is uncertain, and history does not offer an optimistic answer.

华尔街见闻•2026/11/12 03:56
The AI boom may follow the path of the 19th-century railway bubble, and builders may not be the ultimate winners

If Anthropic's IPO goes smoothly and the stock price rises next week, then everything remains the same for AI. Otherwise, some companies will go bankrupt.

The shrinking valuations of two major giants have triggered a chain reaction—investors are adopting more conservative revenue multiples for AI startups and are directly halting high-valuation financing for companies with zero revenue. Multiple venture capital firms have advised their portfolio companies to lower valuation expectations and to quickly build up cash reserves. Market participants warn that the outcome of Anthropic’s IPO will be a barometer for the industry: if successful, the boom will continue; if it fails, some companies may face elimination.

华尔街见闻•2026/11/12 03:46

After the Brazilian election, political discount deepens; Morgan Stanley remains bullish on Petrobras (PBR.US), focusing on fuel pricing and dividends

Morgan Stanley still maintains its most optimistic "Overweight" rating, but has lowered its year-end 2027 target price from $31 to $25.

智通财经•2026/11/12 03:42
After the Brazilian election, political discount deepens; Morgan Stanley remains bullish on Petrobras (PBR.US), focusing on fuel pricing and dividends

Corning (GLW.US) receives initial "Buy" rating from Jefferies! AI factories driving a fiber optic rush, with a potential global supply gap of up to 30%

For Corning, the recent profit growth mainly comes from the expansion of AI clusters. As the number of optical links crossing cabinets and campuses increases, customers need to deploy more optical fibers within limited conduit and cabinet space, thus driving demand for high-density optical cables and connection systems.

智通财经•2026/11/12 02:47
Corning (GLW.US) receives initial "Buy" rating from Jefferies! AI factories driving a fiber optic rush, with a potential global supply gap of up to 30%