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09 Nov 2026, 03:24:49
Bitcoin trades around $75,530 on Monday, having closed below key EMAs, with next support at $70,000.
Ethereum is around $2,155 after correcting over 6.5% last week, as bears target the psychological $2,000 level.
XRP trades around $1.11 on Monday after correcting over 10% last week, with the next key zone around $1.
Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) bears remain in control, with the top three cryptocurrencies correcting over 4%, 6% and 10%, respectively, last week and marking their fifth consecutive weeks of losses. BTC trades around $75,530 on Monday after closing below key Exponential Moving Averages (EMAs), leaving the $70,000 level as its next major support. Meanwhile, ETH hovers near $2,155, while XRP trades around $1.11, with both altcoins facing downside risks toward $2,000 and $1, respectively.
Bitcoin closes below major supports
Bitcoin price trades at $75,530 on Monday, maintaining a bearish near-term tone as it holds below key Exponential Moving Averages (EMAs). The 200-day EMA at $76,463 acts as the first overhead cap, followed higher by the 100-day EMA at $77,635 and the 50-day EMA near $79,327, all reinforcing a structure of persistent topside supply.
Momentum conditions remain soft, with the Relative Strength Index (RSI) hovering in the high-30s and the Moving Average Convergence Divergence (MACD) stuck in negative territory, hinting that selling pressure still outweighs dip-buying interest.
On the topside, immediate resistance is located at the 200-day EMA around $76,463, ahead of a secondary barrier at the 100-day EMA near $77,635 and a deeper recovery hurdle at the 50-day EMA close to $79,327. Further up, a horizontal resistance line at $85,000 marks a stronger bullish validation level where buyers would need to reclaim ground to challenge the broader bearish bias.
On the downside, the absence of nearby mapped support suggests that any break lower from current levels would send BTC toward the psychological support zone around $70,000 before stabilizing.
BTC/USDT daily chart
Ethereum bears eye $2,000 mark
Ethereum price trades at $2,155 on Monday, maintaining a bearish near-term bias as it remains well below the 200-day EMA at $2,311, the 100-day EMA at $2,337, and the 50-day EMA at $2,372. The loss of the previously upward-sloping support trendline, now broken around $2,432, reinforces a corrective tone, while the RSI hovering near 35 and the MACD in negative territory suggest lingering downside momentum rather than outright capitulation.
On the topside, initial resistance is seen at the 200-day EMA near $2,311, followed by the 100-day EMA at $2,337 and the 50-day EMA at $2,372, with a more notable horizontal barrier at $2,400 and the former rising trendline break zone around $2,432 capping any stronger rebound.
On the downside, the next meaningful support sits around the key $2,000 level ahead of the prior horizontal base around $1,823, where buyers would be expected to show more robust interest if the current decline extends.
ETH/USDT daily chart
XRP bears aiming for next key support
XRP price trades at $1.119 on Monday, extending a bearish near-term tone as it holds well below the 50-day, 100-day and 200-day EMAs clustered between roughly $1.303 and $1.368.
The Relative Strength Index (RSI) at 28 sits in oversold territory. At the same time, the Moving Average Convergence Divergence (MACD) indicator remains negative, which together hint at persistent downside pressure even as the market risks a short-term pause or modest bounce from depressed levels.
On the topside, initial resistance appears at $1.160, ahead of a stronger cap near $1.300 and the nearby EMA cluster between the 50-day EMA at $1.303 and the 100-day EMA at $1.308; beyond that, the 200-day EMA at $1.368 and horizontal levels at $1.540 and $1.900 define higher barriers.
On the downside, the nearest meaningful support is located at the psychological $1.000 handle, where a break would likely expose the pair to a deeper bearish extension in the sessions ahead.
XRP/USDT daily chart
(The technical analysis of this story was written with the help of an AI tool. Know more.)
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Source:Fxstreet

When we think of Binance, we often imagine traders spending all day in front of a screen, analyzing charts, looking for opportunities, and executing trades.
But is that really the reality for most of its users?
Based on what I’ve researched and observed in the ecosystem, my impression is that a significant number of people who use Binance don’t trade exclusively.
There are investors, students, crypto enthusiasts, and people who simply want to learn about or make use of the tools, products, and services the platform offers.

In trading, one of the most important skills isn’t finding opportunities to enter the market, but recognizing when it’s time to stop trading.
Why?
Because trading isn’t a game of certainties. It’s an exercise in probabilities.
No matter how experienced a trader is, how thoroughly they have studied their method, or how good a trade may look, they can never guarantee that the price will rise or fall after they enter.
Every methodology has winning and losing trades. Even a profitable strategy can go through losing streaks.

Every trader knows this feeling.
You did the analysis. You waited for the entry. You followed the plan. And still, the market hit your stop loss.
At that moment, two voices speak to you. One says, "Quit, this is not for you." The other whispers, "One more time, but smarter."
Winners listen to the second voice.
Loss is not failure. Quitting is.
Look at any chart. It never goes straight up. It goes up, pulls back, consolidates, shakes out weak hands, and then rises again. Your journey is exactly like that chart.
Your loss was not a loss. It was tuition. It taught you what not to do. It taught you patience. It taught you risk management.
The trader who lost 5 times and learned 5 lessons is far more dangerous than the trader who won once by luck.
So tonight, if you are sitting alone with a red P&L, remember this:
You did not come this far to only come this far.
Take a break. Review your trade. Fix one mistake. And come back tomorrow - calmer, sharper, stronger.
Because the market rewards those who stay.
Losses -> Lessons -> Growth
Keep Going. Keep Growing.
#TradingCommunity #MotivationInCrypto

Combining Volume and the Relative Strength Index (RSI) gives you a powerful way to filter out fake market moves and confirm high-probability trading setups.
Here is how to read and use them together for technical analysis:
1. Understanding RSI (Relative Strength Index)
RSI is a momentum oscillator measured on a scale from 0 to 100. It measures the speed and change of price movements:
* Overbought (Above 70): The asset has risen very quickly and might be due for a pullback or price correction.
* Oversold (Below 30): The asset has dropped very quickly and might be due for a bounce.
* Midline (50): Acts as a trend divider. Above 50 generally indicates bullish momentum; below 50 indicates bearish momentum.
2. Reading Volume and RSI Together (The Workflow)
When analyzing a chart, use Volume to measure market participation and RSI to measure momentum.
Scenario A: Confirming a Breakout
* The Setup: Price breaks above a key resistance level or out of a Bollinger Band squeeze.
* Volume Check: Look down at the volume bars. A high volume spike confirms that big players/institutions are driving the move.
* RSI Check: RSI should be moving up strongly (crossing above 50 or heading toward 60–70), showing that bullish momentum is backing the breakout.
* Trading Read: This is a strong, valid breakout. If volume is low during the breakout, it’s likely a "fakeout."
Scenario B: Spotting Reversals using Divergence
Divergence happens when the price and RSI move in opposite directions. This is one of the most reliable signals for a trend reversal, and Volume acts as your final filter:
* Bullish Divergence (Price dropping, RSI rising):
* Price makes a lower low, but RSI makes a higher low. This means selling pressure is fading.
* Volume Check: Look for volume to shrink as price makes that final drop, followed by a surge of green volume on the bounce.
* Bearish Divergence (Price rising, RSI falling):
* Price makes a higher high, but RSI makes a lower high. This means buying momentum is dying.
* Volume Check: Notice that volume is getting progressively lower on the recent price highs, signaling exhaustion.
Scenario C: Confirming Overbought/Oversold Conditions
Just because RSI hits 70 doesn't mean you should immediately short, and just because it hits 30 doesn't mean you should immediately buy. Strong trends can keep an asset overbought or oversold for a long time.
* Volume Filter: If RSI hits 70 (Overbought) accompanied by declining volume, it means the rally is losing steam, making a correction very likely. However, if volume remains massive and heavy, the trend might keep roaring upward despite the high RSI.
Summary Checklist for a Trade
* Identify the Trend / Setup (e.g., Bounce from a support level or Bollinger Band).
* Check RSI: Is it coming out of oversold territory (< 30) or crossing the 50 line?
* Check Volume: Is there an increase in buying/selling volume supporting this move?
* Execute: Enter only when price action, RSI momentum, and volume alignment support each other.
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Trading is not just about making money; it's about learning, patience, and discipline. 💡
If you want to grow as a trader, follow these 5 important rules:
📚 1. Learn Before You Trade
Understand market trends, price action, and risk management before investing your money.
📊 2. Follow a Trading Strategy
Don't trade randomly. Build a strategy and stick to it.
🛡️ 3. Manage Your Risk
Never risk money you cannot afford to lose. Protecting your capital is more important than chasing profits.
🧠 4. Control Your Emotions
Avoid📈 5. Learn From Every Trade Review your wins and losses. Keep improving your knowledge and skills every day. 🔥 Remember: Successful trading is not about getting rich overnight. It's about making informed decisions, managing risks, and staying consistent over time. 💬 What's your biggest challenge in trading? Share your thoughts in the comments! #Binance #CryptoTrading #TradingTips #RiskManagement #CryptoEducation #TradingJourney ⚠️ Disclaimer: Cryptocurrency trading involves significant risk. Profits are never guaranteed. Always do your own research (DYOR). FOMO, panic selling, and revenge trading. Make decisions based on research, not emotions.#FOMCWatch #EarningsSeason #TradingCommunity $BTC $PEPE

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