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XRP price dips amid bearish crypto sentiment but technical signs hint at potential rebound.

Technical Signals
05 Oct 2026
Zycrypto
View Source
Neutral
XRP price dips amid bearish crypto sentiment but technical signs hint at potential rebound.

XRP traded weakly as bearish sentiment grew in crypto communities early October, with social data showing more negative than positive commentary. Despite the dip, technical analysts see potential for a short-term bounce toward $2, supported by chart patterns like an inverse head-and-shoulders and an ascending triangle. A key resistance level at $3.66 could lead to higher gains if surpassed. Additionally, XRP supply on exchanges has decreased, which might support price stability or growth. At press time, XRP was priced at $1.51 with a $95 billion market cap.

As bearish sentiment grows around XRP, the token remains actively traded on Pluang where it is priced at Rp27.024 as of Oct 05, 2026 20:03 WIB, showing a modest 0.95% gain in the last day. XRP's market cap on Pluang stands at Rp1.707,34 trillion with a robust 24-hour trading volume of Rp35,95 trillion. Notably, the majority of Pluang users are buyers, with 80% of order activity on the buy side and an average holding period of 71 days, indicating a generally optimistic user base despite the broader negative sentiment.

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