 
 
XRP continued to trade in a narrow range on Wednesday, showing signs of weakness following a turbulent week.
Notably, over the past seven days, Ripple’s XRP has risen over 3% amid widespread selling across major digital assets, reflecting persistent investor caution and subdued market momentum.
Meanwhile, popular on-chain analytics firm Santiment noted that crypto markets have struggled to maintain upside momentum, adding that there are “far less bullish comments toward Bitcoin and Ethereum compared to last week.” In contrast, Santiment noted that XRP has reached a five-week high in bullish sentiment, a shift it attributes largely to news surrounding recent partnership expansions.
Social sentiment often acts as a leading indicator in crypto markets, particularly during periods of uncertainty. As enthusiasm surrounding Bitcoin and Ethereum cools, XRP’s relative strength in online discussions suggests that traders may be rotating attention and possibly capital toward assets perceived to have fresh catalysts.
Additionally, according to analyst ChartNerd, XRP’s price has remained relatively flat below $1.50 over the past few days. The analyst emphasized that holding and “cleaning” this zone is critical for continuation toward the $1.80 level, warning that a failure to maintain support could see the token retrace to lower Fibonacci levels in the $1.30–$1.20 range. Such observations highlight that, while sentiment is improving, XRP still faces short-term technical hurdles before a sustained rally can take shape.
 
The broader implications could be substantial if major financial firms begin utilizing permissioned decentralized liquidity pools. This may enhance network activity, transaction volumes, and ultimately demand for XRP. While it remains early, the narrative of Wall Street integration has historically been a powerful driver of market enthusiasm.
Furthermore, according to analyst Maxi, a move to the 4.236 extension level could theoretically place the asset at $1,300 per coin. While such projections are highly speculative and depend on extreme market conditions, they underscore the optimism circulating in parts of the XRP community.
However, the asset’s ability to hold steady and record gains during a period of weakness in Bitcoin and Ethereum may signal underlying accumulation. For now, XRP’s relative resilience stands out in a market searching for direction.
With social sentiment improving, institutional-focused infrastructure upgrades going live, and analysts outlining ambitious long-term targets, the token appears to be regaining narrative strength at a time when market leaders are struggling to inspire confidence, but as Bitcoin and Ethereum battle waning enthusiasm, XRP’s growing optimism suggests that investors are once again paying close attention to its evolving ecosystem and long-term potential.
At press time, XRP was trading at $1.46, reflecting an 8.19% upsurge in the past 24 hours.
Source: https://zycrypto.com/xrp-at-1300-crazy-optimism-fuels-unhinged-price-expectations-amid-btc-weakness/