XRP tokens linked to Ripple have regained traction in social media discussions, which historically serves as a contrarian indicator for price movements. On April 29, the token's positive-to-negative sentiment ratio on social media spiked into the FOMO zone, reaching 3.9 on Santiment's tracker, the highest level since March 19.
This spike preceded a sharp price correction. When sentiment ratios exceed the FOMO threshold, it indicates overwhelmingly positive crowd commentary, which Santiment views as a contrarian signal.
Historically, when social media chatter reaches these levels, the token tends to consolidate or experience a correction in the following days as demand from buyers driving the social wave dwindles. The recent integration of XRP with Rakuten Pay, allowing users to convert points into XRP, has triggered the second-highest bullish sentiment for the asset on social media in the past two years.
The Rakuten Pay integration, which went live in early April, enables an estimated 44 million Rakuten users to spend XRP at over 5 million merchant locations, trade it within the app, and convert their Rakuten points directly into XRP. Despite the social media frenzy, XRP traded at $1.37 on Thursday, down 2.1% over 24 hours and 3.7% over the week. Santiment previously identified March 29 as a 'buy the dip' opportunity when XRP sentiment hit the fear, uncertainty, and doubt (FUD) zone, and the token bounced back shortly after. The pattern in 2026 has been consistent, with crowd sentiment leading price movements by 24 to 72 hours in either direction, and crowd extremes often marking reversals rather than continuations.
XRP has primarily traded between $1.37 and $1.60 throughout April, and a decisive break of either side will determine whether the Rakuten integration marks the beginning of a sustained price re-rating or another fleeting headline.