XRP Price Enters FUD Zone: ETF Inflows Surge, Is a Reaction Coming?
— CryptoPotato
XRP experiences increased ETF inflows despite negative market sentiment.
Ripple (XRP) price has entered the 'FUD zone' as it lost 6% in value and social media sentiment turned negative.
- XRP briefly surpassed $1.50 but fell back to $1.34 due to selling pressure.
- According to Santiment, the ratio of negative to positive comments on social media is now 1.1 to 1, indicating heightened fear.
- US-based spot XRP ETFs attracted $22.04 million in inflows last week, outperforming Bitcoin and Ethereum funds.
Entering the 'FUD zone' has historically led to price stabilization or short-term rebounds for XRP.