XRP and ether bulls are getting louder as prices fall, signaling more trouble ahead
CoinDesk·
60-second summary
Bullish sentiment on XRP is intensifying on social media, reaching a five-week high despite the token's price decline, a historically bearish setup that signals more trouble ahead for buyers. This divergence between sentiment and price action often precedes a significant downturn, potentially spelling trouble for XRP investors who are increasingly optimistic despite the token's falling value.
Social media chatter turned most bullish on XRP in five weeks even as the token fell, a setup that has historically favored sellers.