Data shows the social media sentiment toward XRP has surged to a 5-week high 
even as mood around Bitcoin and Ethereum remains dull. XRP Positive/Negative 
Sentiment Has Shot Up Recently In a new post on X, analytics firm Santiment 
has talked about how XRP, Bitcoin, and Ethereum currently compare in terms of 
the Positive/Negative Sentiment. This indicator tells us about whether an 
asset is observing more bullish or bearish comments on the major social media 
platforms. The metric works by filtering social media posts/threads/messages 
for terms related to the cryptocurrency and putting them through a machine- 
learning model that separates between positive and negative sentiments. It 
then counts up the number of posts in each category and determines the ratio 
between them. Related Reading: Bitcoin Consolidating In A Triangle—Is A 15% 
Move Next? When the value of the Positive/Negative Sentiment is greater than 
1, it means bullish comments outnumber the bearish ones. On the other hand, 
the indicator being under this level could indicate the dominance of a 
negative sentiment among social media users. Now, here is the chart shared by 
Santiment that shows the trend in the Positive/Negative Sentiment for three 
top cryptocurrencies: Bitcoin, XRP, and Ethereum. As displayed in the above 
graph, Bitcoin and Ethereum have both seen the Positive/Negative Sentiment 
decline to near-neutral levels recently. Bullish and bearish comments are 
almost exactly canceling out for the former with the metric sitting at 1.05, 
while the latter is seeing a slight dominance of positive sentiment with a 
value of 1.4. The analytics firm noted: Crypto markets have struggled to 
maintain momentum, and social data indicates there are far less bullish 
comments toward Bitcoin and Ethereum compared to last week. Meanwhile, the 
indicator has taken a completely different route for XRP. From the chart, it&#8217;s 
visible that the Positive/Negative Sentiment has recently witnessed a sharp 
rise for the digital asset ranked fourth by market cap. XRP has also struggled 
like the rest of the market recently, so what&#8217;s behind the divergence? 
According to Santiment, it&#8217;s likely to lie in the recent partnership expansion 
announcements. The wave of bullish comments over the last couple of days has 
pushed the Positive/Negative Sentiment to 2.35, the highest level in five 
weeks. If past pattern is to go by, though, this excitement around the asset 
may not necessarily translate to the cryptocurrency&#8217;s price. Related Reading: 
Bitcoin Bearish Momentum Losing Steam? Analyst Flags Key Metric Generally, 
digital asset markets tend to move in the direction that goes contrary to the 
expectations of the majority. In that view, Bitcoin and Ethereum with their 
relatively dull sentiments may be better positioned for a rebound than XRP. 
XRP Price At the time of writing, XRP is floating around $1.39, up around 5% 
in the last seven days. Featured image from Dall-E, chart from TradingView.com

XRP Social Sentiment Hits 5-Week High—BTC, ETH Mood Still Off

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