Bitcoin, Ethereum and XRP Flash Buy Signals After Major Sell-Off

Bitcoin, Ethereum and XRP flash buy signals after sharp declines. Could buyers turn these technical setups into a rebound?

Bitcoin, Ethereum and XRP have all flashed four-hour TD Sequential buy signals after sharp recent declines. 

Bitcoin fell 5.55% from $86,976 on October 5 to $82,150, while Ethereum dropped 7.36% from $2,738 to $2,537. XRP also declined from $1.53 to $1.39 before its four-hour buy signal appeared. 

CoinGecko data shows the three assets remain under pressure across both daily and weekly timeframes. However, analysts are watching key support levels for signs that buyers could return.

Bitcoin Buy Signal Emerges Near Key Liquidity Zone

Ali Charts said Bitcoin’s four-hour TD Sequential has flashed a buy signal following the latest correction. The indicator appeared after BTC dropped 5.55% from its October 5 high.

BUY SIGNAL ON BITCOIN, ETHEREUM, AND XRP

1/5 🧵👇

— Ali Charts (@alicharts) October 8, 2026

CoinGecko data at the time of writing places Bitcoin at $82,272.09, down 1.26% over 24 hours. BTC has also declined 1.96% over the past seven days, with daily volume at $33.78 billion.

The signal suggests the pullback could be approaching exhaustion. However, the indicator alone does not confirm that Bitcoin has formed a local bottom.

Market expert Gerla also identified a major long-liquidation pool around Bitcoin’s price. Gerla expects a possible final flush toward $80,500-$82,000 before a recovery.

The analyst is watching $82,500 as the key reclaim level, with $87,000 as a potential upside target. A move into liquidation-heavy areas could force leveraged positions to close before any rebound develops.

Could Ethereum Buy Signal Trigger a Recovery?

Ethereum has produced a similar four-hour TD Sequential buy signal after its 7.36% decline. Ali Charts is watching $2,620 and $2,650 if buyers confirm the setup.

CoinGecko data shows ETH at $2,528.90, down 1.45% over 24 hours. Ethereum has fallen 6.56% over seven days, while daily trading volume stands at $14.37 billion.

Mister Crypto identified $2,550 as major support for Ethereum. The analyst also pointed to elevated open interest and negative funding on some exchanges.

$ETH is sitting on MAJOR support around $2,550.

Ethereum open interest is near its highest level in weeks, while funding has turned negative on some exchanges.

Leverage is building right at support.

A BIG move could be coming. pic.twitter.com/4BXMfRo9JB

— Mister Crypto (@misterrcrypto) October 8, 2026

Open interest measures the value of outstanding derivatives positions. Negative funding can indicate that short positions are paying long positions to maintain leveraged trades.

Mister Crypto warned that leverage is building around the support area. That combination could produce a sharp move if ETH either holds support or breaks below it.

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XRP Buy Signal Tests a Key Trendline Support

XRP has also flashed a four-hour TD Sequential buy signal after falling from $1.53 to $1.39. Ali Charts questioned whether the signal could mark a local low.

At publication, CoinGecko shows XRP at $1.39, down 2.81% over 24 hours. The token has also declined 6.56% over seven days, with daily volume reaching $2.36 billion.

Wealthmanager said XRP is testing key trendline support on the four-hour chart. The analyst also described the MACD as deeply oversold.

An oversold MACD can indicate that recent selling pressure has become extended. However, it does not guarantee an immediate reversal or sustained price recovery.

The three buy signals point to possible rebounds after recent selling, but they don’t confirm a bottom. Traders will now watch Bitcoin’s $82,500 reclaim, Ethereum’s $2,550 support, and XRP’s trendline for signs of buyer strength. 

If those levels hold, the signals could gain weight. If they fail, selling pressure may remain in control.