Unrealistic $1000 XRP Price Prediction Fuel Retail Frustration Amid Rising Ecosystem Bearishness ⋆ ZyCrypto

XRP ETFs Set To Reach SEC’s Desk As Billions Ready To Pour Into XRP Following Ripple Win Against SEC

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Fresh on-chain data indicate that XRP is experiencing massive FUD since the start of the week, with enthusiasm at a six-month low. Despite the doom and gloom around the asset, experts say the bearishness reflects a strong buy signal for investors as bulls remain hopeful for higher prices in the short term.

XRP Faces Major Retail FUD Amid Dwindling Prices

Retail XRP investors have signaled a growing impatience with the asset following a streak of lackluster price performance in recent weeks. According to data from Santiment, XRP is undergoing its highest level of retail FUD since the Trump tariffs rolled in six months ago.

Santiment’s analysts pointed to XRP’s grim Bullish v Bearish Ratio as evidence of a changing market sentiment. At the moment, the bull-bear ratio sits at 0.86, falling to as low as 0.74 on October 4, with retail investors hesitating to buy the asset.

Less than a fortnight ago, XRP’s Bullish vs Bearish Ratio stood at 3:21, signalling euphoric sentiment for the ecosystem. Several reasons account for the rise in bearishness for XRP, with the asset failing to match the rallies of other cryptocurrencies to post new all-time highs.

XRP’s retail investors are nursing the hurt of BNB overtaking the asset to become the third-largest cryptocurrency by market capitalization. In its meteoric run, BNB set a new all-time high of $1,336, rising by 30% in the last 7 days.

Bitcoin also posted a new all-time high of over $125,000 while Ethereum garnered an 8% surge in a week. On the flipside, XRP managed to snag only a 1% gain on the seven-day charts while shedding nearly 4% over the last day.

Cryptocurrency expert Zach Rector noted that unrealistic expectations of XRP to $1000 in the short term and poor economic conditions have created a “very frustrated retail XRP trader.”

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However, analysts at Santiment note that the bearishness around XRP offers a prime buying opportunity for investors. Particularly, the analysts are tipping institutional investors and whales to wade in to take advantage of the buying opportunities presented by the bearish sentiments.

“There have been more bearish comments than bullish for 2 of the past 3 days, which is generally a promising buy signal,” read the analysis. “Markets move opposite to small trader expectations.”

Meanwhile, Rector urged retail investors not to panic-sell their XRP holdings, noting that greater institutional adoption and ETF approvals are on the horizon.

“I just hope they vent their frustration without actually selling because the institutions and ETFs are inevitable,” said Rector. “Just a matter of letting the government shutdown pass.”



Source: https://zycrypto.com/unrealistic-1000-xrp-price-prediction-fuel-retail-frustration-amid-rising-ecosystem-bearishness/