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XRP’s next price movement is now in focus after it emerged that the asset’s market sentiment has turned sharply negative.
This sentiment emanates from the fact that XRP’s social data indicates one of the highest levels of fear, uncertainty, and doubt (FUD) recorded in the past two years.
In this line, bearish commentary around the cryptocurrency has surged to extreme levels, ranking as the third-highest FUD reading over that period, based on insights by Santiment shared on April 13.
This shift follows a prolonged downturn that has seen XRP decline by approximately 63% over the last nine months, pushing retail participants to adopt a decisively bearish stance.
Historically, such sentiment extremes have tended to precede countertrend moves. When negative sentiment dominates and bullish positioning fades, the probability of a relief rally increases, as prices often move against prevailing crowd expectations.
XRP price analysis
This comes as XRP has struggled to reclaim the $1.40 resistance amid a broader cryptocurrency market sell-off.
By press time, the asset was valued at $1.33, having dropped 0.5% in the past 24 hours, while on the weekly timeframe, XRP has declined by about 2.4%.
XRP seven-day price chart. Source: FinboldXRP price prediction
Regarding the cryptocurrency’s price outlook in light of the new market sentiment, Finbold turned to OpenAI’s ChatGPT, which outlined various scenarios.
Based on historical patterns under similar conditions, the model noted that short-term relief rallies of between 15% and 40% have typically materialized within four to eight weeks.
This implies a likely base-case recovery range between $1.45 and $1.80, with $1.45 acting as initial resistance and $1.80 representing a stronger rebound level.
A more bullish scenario depends on improving sentiment and broader market stability. Under such conditions, the model indicated that XRP could extend gains toward the $2.20 to $2.75 range, aligning with prior cycle behavior and momentum-driven expansions.
On the downside, if negative sentiment persists or macro conditions deteriorate further, XRP could revisit support levels between $1.20 and $1.25.
XRP price prediction. Source: ChatGPTOverall, the AI platform stressed that while sentiment indicators point to an increased probability of a reversal, they do not guarantee immediate upward movement.
Price action may still experience short-term weakness before establishing a sustained recovery trend, particularly if broader market sentiment remains fragile.
The post XRP price prediction as inventors flip fully bearish appeared first on Finbold.
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