XRP Sentiment Crashes to July Lows: Could This Be the Bullish Signal Ripple Needs?

XRP fell to a seven-week low of $1.17 on Friday afternoon before recovering slightly, as its social sentiment dropped to the lowest level since July. Analyst Ali Martinez said the bearish mood could be a contrarian positive, noting a potential inverse head-and-shoulders pattern and a $1.60 target if confirmed, though XRP was rejected at resistance and fell below his support level. CasiTrades expected a move toward the $1.10 Fibonacci target, with $1.125 as a possible pause, and hoped for a bullish RSI divergence there that would suggest weakening downside momentum. Dark Defender said the broader structure was unchanged, citing $1.12 as former resistance that should now act as support and saying a larger Wave 3 move is still developing.