XRP’s Sentiment Turns Bullish, But What Is Stopping a Price Breakout?
Tech XRPs Sentiment Turns Bullish, But What Is Stopping a Price Breakout? Bitcoin Ethereum News XRPs () sentiment on social media has risen sharply over the last few days, but overhead resistance at $1.40 kept the price in consolidation. Key takeaways:XRPs social media sentiment has risen 240% over the last 30 days to a two-year high.XRP price recovery may face resistance at $1.40, with a prolonged consolidation likely. . XRP sentiment jumps on integration with Rakuten Pay News of XRPs integration with the Japanese payment platform, Rakuten Wallet, has sparked renewed optimism among investors. This integration allows Rakutens over 44 million users to convert their loyalty points (worth over $23 billion) directly into XRP, trade it in-app, and spend it at over 5 million merchant locations via the Rakuten Pay app. This marks “one of the largest retail deployments of $XRP as a payment method to date,” bridging loyalty programs, payments, and crypto utility in a major world economy, Ripple said in an X post on Thursday. As a result, XRP saw its “2nd highest bullish sentiment across social media in the past 2 years,” Santiment in a Thursday post on X. Santiments Positive/Negative sentiment indicator, which measures the ratio of positive to negative social media mentions for a cryptoasset, shows