251010 [XRP] XRP Outlook
- Powered Super
- Oct 10
- 1 min read
<Current Market Conditions>
The overall market, including Bitcoin, is experiencing a downturn, though the long-term bullish outlook remains unchanged.
A fourth wave correction is underway, with expectations of entering the final fifth wave upward movement.
Although it failed to hold the trendline and retreated internally, it is crucial that it does not break below the lower boundary and instead breaks through the trendline again.

Support is anticipated within the major support zone of 2.68–2.76, with a rebound expected.
Even if this zone is breached, the probability of a fakeout remains high, consistent with historical chart patterns.
<Conclusion>
Although currently declining, a swift rebound is underway, with expectations of reaching the 3.3–3.6 range within October.


![251026 [BTC] Bitcoin Outlook](https://static.wixstatic.com/media/6ed111_a063f40db0e94a9f90b979acf755a6cb~mv2.png/v1/fill/w_980,h_551,al_c,q_90,usm_0.66_1.00_0.01,enc_avif,quality_auto/6ed111_a063f40db0e94a9f90b979acf755a6cb~mv2.png)
![251010 [BTC.D] Bitcoin Dominance](https://static.wixstatic.com/media/6ed111_1273477162094c859ba3182f87b2b016~mv2.png/v1/fill/w_980,h_551,al_c,q_90,usm_0.66_1.00_0.01,enc_avif,quality_auto/6ed111_1273477162094c859ba3182f87b2b016~mv2.png)
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