XRP has rebounded to $2.50 after dipping below $1.90, driven by a shift in market sentiment. On-chain data from Santiment reveals a crowd sentiment ratio of 1.856, the lowest since January 2025, indicating extreme pessimism. This sentiment has begun to improve, rising to 1.35, suggesting a potential accumulation phase for XRP. Santiment highlights that such low sentiment levels often serve as a buy signal for retail traders. If XRP sustains its position above $2.50, it could indicate renewed bullish momentum, with short-term targets set at $2.72 and $2.80.