Crypto Price Analysis, BTC, XRP, AVAX, SOL and ALGO, Nov. 10: Bitcoin Rebounds, XRP RSI Falls Below 30, Solana Holds Its Bollinger Band as...
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Avalanche jumps on elevated volume as Bitcoin remains below its daily averages, $XRP turns oversold, and Solana holds near its lower Bollinger Band today.
Asset
Latest USD price
Past 24 hours
24-hour market volume
Market-cap rank
Bitcoin (BTC)
$74,494
−0.37%
$28.52 billion
1
$XRP
$1.092
−1.77%
$2.26 billion
6
Avalanche ($AVAX)
$8.56
+6.74%
$550.06 million
26
Solana (SOL)
$85.73
−1.90%
$2.25 billion
7
Algorand (ALGO)
$0.092569
+0.45%
$35.85 million
77
Bitcoin rebounds but stays below two falling averages
Bitcoin closed Monday at $75,253.10, up 0.69%, after trading between $73,601.80 and $75,500. The session formed a higher low than Sunday’s $73,444.30 trough and recovered the September 15 low of $74,891.50 at the close.
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Bitcoin recovers $74,891.50 at Monday’s close but remains below falling 20-day and 50-day EMAs; early Tuesday trading moves back beneath the recovered level.
The latest price was almost unchanged from the $74,473 recorded in our November 9 Bitcoin analysis. Monday’s positive close and the current 24-hour decline cover different periods. The four-hour candle ending Tuesday at 04:00 UTC closed at $74,464.30, showing that the early move had already surrendered the recovered $74,891.50 level on the shorter timeframe.
The 20-day exponential moving average declined to $78,106.41, while the 50-day EMA fell to $79,232.22. Price remained below both, and the faster average stayed beneath the slower one. The rebound therefore improved the latest candle without changing the broader bearish alignment.
A daily close above $75,625 would repair the first part of Sunday’s breakdown. Bitcoin would then need to reclaim the 20-day EMA and the 50-day EMA to improve the trend position. A close below Monday’s $73,601.80 low would weaken the rebound; losing $73,444.30 would confirm a fresh extension below Sunday’s 60-session low.
$XRP enters oversold territory as the $1.07 area holds
$XRP fell 1.27% on Monday to close at $1.09760. Its $1.07502 low marked the weakest price of the latest 60 completed daily sessions and extended the sequence of lower lows that followed last week’s break beneath October support.
$XRP sets a new 60-session low at $1.07502 as daily RSI falls to 26.69; oversold momentum is confirmed, but a reversal is not.
The latest $1.092 price was 9.75% below the $1.21 recorded in our November 6 $XRP analysis. That report tracked momentum before the October floor failed. Monday’s low also tested the $1.11–$1.07 support region highlighted in separate $XRP coverage on November 9.
Daily RSI, calculated across 14 sessions with Wilder smoothing, declined to 26.69 from 27.72. A reading below 30 confirms oversold momentum, but it does not confirm that a price bottom has formed. The latest completed four-hour RSI stood at 30.78 as price closed at $1.09196.
A daily close above Monday’s $1.12503 high would provide the first evidence of recovery. $XRP would still need to reclaim the former October floor at $1.19685 to challenge the wider breakdown. A close below $1.07502 would confirm another decline, bringing the psychological $1 level and the August 14 low near $0.98471 into focus.
Avalanche rebound draws elevated exchange volume
Avalanche gained 9.03% on Monday to close at $8.645, rebounding from a $7.806 low and reaching $8.999. The close recovered the preceding four daily closing prices, although it remained below the November 4 high of $9.14.
$AVAX rises 9.03% as exchange volume reaches 2.74 times its preceding 20-session average; $8.999 and $9.14 remain the next resistance levels
About 1.00 million $AVAX traded on the spot USD pair, compared with a preceding 20-session average near 364,400 $AVAX. Monday’s turnover was 2.74 times that average and more than five times Sunday’s volume. This is genuine per-candle exchange volume, separate from the market-wide total in the table.
The move occurred after Avalanche was selected as the settlement ledger for an upcoming tokenized-securities platform covered in The Crypto Basic’s November 9 market roundup. The price and volume data show that participation increased, but they do not isolate how much of the move came from that announcement.
A daily close above $8.999 would clear Monday’s high, while a close above $9.14 would confirm a break of last week’s peak. October 21’s $10.042 high would then become the next structural reference. Failure to clear $8.999 would leave $AVAX within its recent decline, and a close below $7.77 would invalidate Monday’s rebound.
Solana stabilizes just above its lower Bollinger Band
Solana closed Monday at $86.61, up 0.20%, after trading between $85.05 and $88.37. The gain stopped the immediate decline, but the session remained inside Sunday’s wider range and did not recover the previous $89.88 high.
Solana holds above its $84.306 lower Bollinger Band, but Monday’s $86.61 close remains well below the falling $96.213 midpoint.
The latest $85.73 price was 16.44% below the $102.60 recorded in our October 24 Solana analysis. Solana was also named in November 9’s market roundup after Formation Securities filed notice of a proposed tokenized-equities venue on the network. Price nevertheless remained under pressure over the latest 24 hours.
Daily Bollinger Bands use a 20-day simple moving average with two population standard deviations. The midpoint declined to $96.213, the upper band stood at $108.12, and the lower band fell to $84.306. Monday’s close held above the lower band but remained well below the midpoint.
A close above $88.37 would clear Monday’s high and begin a recovery toward the midpoint. Regaining $96.213 would materially improve the setup, although the band will change with later closes. A close below $85 would confirm a break of the weekend floor; losing the lower-band area would extend the decline rather than establish a confirmed oversold reversal.
Algorand remains below its first retracement level
Algorand gained 1.34% on Monday to close at $0.09225. The session reached $0.09577 but gave back most of the advance before the close. Its $0.08932 low held above Sunday’s $0.0888 trough, leaving a tentative higher low without a confirmed recovery.
Algorand briefly crosses the 23.6% retracement of its October 21–November 8 decline but closes below it; $0.0888 remains the key downside level.
Fibonacci retracements measure the downward move from the October 21 high of $0.11653 to the November 8 low of $0.0888. The 23.6% recovery level sits at $0.095344, while the 38.2% level stands at $0.099393. Monday traded above the first level intraday but closed back below it.
A daily close above $0.095344 would confirm the first retracement and improve the approach to $0.099393. If both levels are recovered, the 50% retracement at $0.102665 would become a conditional next test. These are retracement levels of the completed decline, not guaranteed targets.
A close below $0.0888 would invalidate the higher-low attempt and expose the September 16 low at $0.08507. The latest four-hour candle closed at $0.09283, which keeps the early Tuesday move between the first retracement and the November low.