Bitcoin, Ethereum and XRP Buy Signals Remain Unconfirmed

Bitcoin, Ethereum and XRP have each flashed a four-hour TD Sequential buy signal after sharp declines. The signals may indicate short-term selling exhaustion, but they do not confirm a market bottom. Traders are waiting for buying pressure and key price levels to confirm a rebound. Bitcoin fell 5.55% from its October 5 high of $86,976. Glassnode identified support at $81,700–$83,300, with major Binance bids near $81,000. A later analysis said BTC could dip to $80,500–$82,000 and needs to reclaim $82,500; a recovery could bring $87,000 into focus. Weak spot and US spot ETF volumes have clouded confidence in the rally, although Santiment reported net exchange outflows of 24,073 BTC on October 5, a seven-month high. Ethereum dropped 7.36% from $2,738 and was trading around $2,529–$2,537. Analysts cited $2,550 as major support, while elevated open interest and negative funding on some exchanges raise the risk of sharp moves in either direction. If buyers gain strength, Ali Charts is watching $2,620 and $2,650. XRP fell from about $1.53 to around $1.39–$1.41 and is testing four-hour trendline support. Traders are watching $1.40 and $1.37, with $1.32–$1.27 possible if support breaks; a sustained recovery would require reclaiming $1.55–$1.60. An oversold MACD may reflect extended selling, but does not guarantee a reversal. The three buy signals remain unconfirmed, leaving the assets vulnerable if support fails. Federal Reserve minutes showed most officials considered another rate increase appropriate by year-end, while the upcoming US inflation report could affect risk appetite.