Overview

• Santiment says bearish mentions outnumbered bullish on two of the past three days, with the bullish-to-bearish ratio at 0.74 on Oct. 4 and 0.86 on Oct. 6.
• The firm reports the strongest retail negativity in six months, which some view as a contrarian buy signal, noting that an optimism peak on Sept. 17 (ratio 3.21) preceded a roughly 14% drop over the next eight days.
• XRP is hovering around $2.85–$2.87 after failing to hold above $3, and traders are focusing on support at $2.60–$2.80, including a structural zone near $2.72–$2.75.
• Chart watchers say closes above $3.17 and $3.65 would help confirm a breakout, while XRP has remained above $2.60 since its July run to $3.66.
• Market context includes BNB briefly overtaking XRP by market value and strength in Bitcoin and Ethereum even as XRP lags.