Overview

• XRP’s intraday breakout was rejected in the $2.92–$2.93 supply zone, and price retreated to about $2.85 on increased volume.
• Santiment reports the highest negative social sentiment toward XRP in six months, with bearish posts outnumbering bullish on two of the past three tracked days.
• The bullish-to-bearish ratio slid from 3.21 on September 17 to 0.74 on October 4 and 0.86 on October 6, levels the firm has previously associated with local bottoms.
• Near-term levels to watch include resistance at $2.88–$2.95 and support at $2.82–$2.80, with technicians warning of a potential drop toward roughly $2.7250 if $2.80 breaks.
• BNB recently edged past XRP in market value, reflecting relative underperformance as traders also monitor possible regulatory or ETF developments that could shift flows.