XRP's 5-Week FOMO Surge Meets Bullish Bottoming Signals
Retail investors are growing increasingly bullish on XRP despite its recent price weakness, but rising optimism alone may not be enough to trigger an immediate rebound.
While on-chain data shows sentiment has reached a 5-week high, analysts say XRP is still in the early stages of a broader bottoming process that requires further technical confirmation before a sustained uptrend can begin.
According to on-chain analytics platform Santiment, XRP is currently attracting the strongest bullish sentiment among the three largest cryptocurrencies. The asset is generating approximately 3.02 bullish comments for every bearish one, marking its highest level of retail optimism in five weeks.
Ethereum follows with a ratio of 2.31, while Bitcoin remains more balanced at 1.40, reflecting a comparatively cautious market.
Although the surge in bullish sentiment highlights growing retail confidence, Santiment warns that excessive fear of missing out (FOMO) has historically preceded periods of short-term volatility.
Cryptocurrency markets often move against the prevailing crowd sentiment, meaning XRP could still face additional downside or a prolonged consolidation before establishing a durable recovery. By contrast, Bitcoin's more measured sentiment may leave greater room for upside if market conditions improve.
EGRAG Sees Historic Setup Forming for XRP as Bottoming Window Begins
From a technical perspective, market analyst EGRAG CRYPTO believes XRP's long-term structure is beginning to resemble previous cycle bottoms. On the two-week chart, both the Ultimate RSI and MACD have reached extreme levels that historically coincided with major XRP lows.
His time-cycle analysis also suggests XRP is entering a broader bottoming window. The previous bottom-to-bottom cycle lasted roughly 826 days, and projecting a similar pattern places the current cycle's potential bottoming phase into late 2026.
However, EGRAG emphasizes this represents a timing window, not confirmation that the bottom has already formed.
In the short term, he sees the possibility of a relief rally in July as downside momentum weakens, though renewed selling pressure between August and October remains a realistic scenario.
Before calling a definitive bottom, EGRAG says several technical conditions must still align, including the RSI forming a higher low, crossing above its moving average, the moving average turning upward, a bullish MACD crossover, and XRP reclaiming key price levels.
Until then, his strategy remains unchanged: continue accumulating strategically, capitalize on swing-trading opportunities, and avoid assuming the correction has already ended. According to CoinCodex, XRP is trading at $1.09.
While some long-term analysts see the current setup eventually supporting price targets between $5 and $31 over future market cycles, they agree that the bottoming window may be opening, but confirmation has yet to arrive.
