Investor sentiment in XRP and Ethereum (ETH) has regained momentum, with indicators showing the highest level of FOMO (fear of missing out) in the past five weeks. The move comes at a time when the two cryptocurrencies are still finding it difficult to maintain a consistent upward trend, indicating that market enthusiasm may be getting ahead of price behavior.
Data released by Santiment on 13 de julho show that XRP posted the highest ratio between positive and negative comments on social media. The index reached 3,02, indicating more than three optimistic posts for every pessimistic comment. Ethereum also recorded a strong improvement in sentiment, with an index of 2,31, classified by the platform as a stage of "mild FOMO".
Meanwhile, Bitcoin (BTC) maintained a much more moderate reading. The market's leading asset posted an index of 1,40, suggesting that a large portion of investors still adopt a more balanced stance regarding short-term prospects.
Although BTC and ETH started the week higher, both lost part of their momentum throughout the trading session. For Santiment, this behavior may indicate that excessive market confidence does not always coincide with the best moments for new gains.
“Normally, cryptocurrencies move in the opposite direction of what the majority expects,” the company wrote. “When investors become very optimistic about XRP or ETH while prices are already falling, this can create short-term downside risk or, at the very least, delay the recovery.”
Bitcoin's more neutral reading, on the other hand, may represent an advantage. According to the analysis, since the market still does not show consensus on new highs for BTC, there is more room for appreciation without the weight of excessively optimistic expectations. This interpretation was also shared by trader Xaif Crypto, who said that the more restrained sentiment surrounding Bitcoin "means more room to rise," while elevated enthusiasm for XRP and Ethereum may limit a faster advance.
In the market, XRP remained pressured below the US$ 1,08 resistance, trading near US$ 1,07. The asset has accumulated an approximate decline of 5% over the last seven days and a drop of nearly 7% over a one-month period. According to analyst Cryptorphic, remaining below this technical level increases the likelihood of further losses.
Ethereum posted more consistent performance. The cryptocurrency continued trading closer to US$ 1.800 than to US$ 1.700, accumulating a gain of about 1% in the week and more than 6% over the last 30 days. Even after pulling back following a brief move above US$ 1.800 during the weekend, some analysts continue to project that the asset could target the US$ 2.500 region if it maintains the recovery.
Bitcoin, meanwhile, underwent a moderate correction after the strong appreciation recorded at the beginning of julho, when it moved from the US$ 57.700 range to approximately US$ 64.000. Even trading below US$ 63.000, the data show that wallets with balances between 10.000 and 100.000 BTC added about 11.000 bitcoins in the last week, indicating continued demand from large investors.
At the same time that positive sentiment is growing for XRP, some indicators continue to point to a loss of strength in institutional activity. The asset recorded the first week of net capital outflows from spot XRP ETFs in more than two months.
On-chain data also showed a relevant slowdown in network activity. The number of transactions above US$ 1 milhão fell from approximately 70 to just two in about a week. In addition, the creation of new wallets on the XRP Ledger also lost pace compared with the first months of the year, signaling lower participation from new users and large investors in the short term.
