I am monitoring XRP and found it interesting that the FUD has reached the third highest peak in two years. According to the data I saw, Santiment recorded this very high level of fear and uncertainty in the market right now.

The interesting thing is that historically, when FUD reaches these levels, a recovery usually follows. It’s not a rule, but it’s a pattern that appears quite often in the charts. Many people are watching this and betting that this time it could be different, but most are waiting for that relief rally that typically accompanies these moments of extreme FUD.

I will continue to monitor to see if the pattern repeats this time. The negative sentiment is very strong, but that might be exactly what’s needed to turn the game around in the short term.