XRP tokens, linked to Ripple, have seen a resurgence in positive discussions on social media, a trend that has often been followed by a reversal in price. On April 29, the ratio of positive to negative sentiment on social media spiked, reaching 3.9, the highest level since March 19, when a similar spike was followed by a sharp decline. This sentiment ratio surpassing the FOMO threshold 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 correct in subsequent days as buyer demand is exhausted. The recent integration of XRP with Rakuten Pay, allowing users to convert points into XRP, has contributed to the asset's second-highest bullish sentiment on social media in the past two years.
This integration, which went live in early April, enables an estimated 44 million Rakuten users to use XRP at over 5 million merchant locations, trade it within the Rakuten Pay app, and convert their Rakuten points directly into XRP. Despite the social media fervor, XRP traded at $1.37 on Thursday, down 2.1% over 24 hours and 3.7% on the week.
Santiment also noted that on March 29, XRP sentiment hit the fear, uncertainty, and doubt (FUD) zone, after which the token bounced back. The pattern this year has shown that crowd sentiment leads price movements by 24 to 72 hours, with crowd extremes often marking reversals rather than continuations. XRP has largely 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 reevaluation or another fleeting headline.