XRP Plunges 13% In A Week: What Is Going On?
Posted On February 5, 2026
XRP (CRYPTO: XRP) has erased all post-elections gains by plunging 13% in a week, yet Santiment data shows sentiment turning optimistic.
The Contrarian Signal
Santiment reported that while sentiment turned extremely bearish toward Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) following crypto’s major downswing, XRP is seeing a more optimistic outlook among traders.
Markets move opposite to the fear and greed of retail traders.
When retail turns bullish on XRP while the rest of crypto remains bearish, it typically signals further downside rather than a bottom.
Santiment noted there remains a strong argument for a short-term relief rally “as long as the small trader crowd …
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