The cryptocurrency market has entered a precarious phase. On 8 November 2025, several major coins find themselves balanced between bullish attempts and bearish pressure. This article synthesises the technical outlook for ten notable tokens, drawing on recent chart signals and market commentary .
1. Bitcoin (BTC)
Bitcoin has broken above the psychologically important US $100,000 level — a sign that bulls remain active. However, the zone around US $100,000 is still a delicate support: failure to hold could open the door to a deeper correction.
From a technical perspective, the price must climb above the 20-day exponential moving average (EMA) near ~US $107,925 to reinforce bullish momentum. If that happens, a next target might be the 50-day simple moving average (SMA) around ~US $112,464. On the flip side, if Bitcoin fails here and dips below ~US $100,000, there is risk of a drop to ~US $87,800.
In short: a pivotal moment. Bulls must show up to gain momentum; bears remain ready to pounce if support cracks.
2. Ethereum (ETH)
Ethereum is locked in a tug-of-war around ~US $3,350. The battle is clear: if the recovery is weak, the risk of a deeper decline rises. Should ETH reverse from the 20-day EMA (~US $3,738) and break beneath ~US $3,057, the next support zone could be down around ~US $2,500.
Conversely, a strong push above the moving averages may signal that the downtrend is losing steam and open the way for a higher move up to the channel resistance.
Take-away: ETH’s next directional move hinges on whether bulls can regain control — if not, the downside risk is meaningful.
3. BNB (BNB)
BNB’s recovery attempts appear lacklustre. The 20‐day EMA (~US $1,049) is beginning to slope downward, and momentum indicators (like RSI) lean bearish. Should BNB be rejected again at the EMA, a slide below support at ~US $860 could lead to a drop toward ~US $730.
Alternatively, if it holds ~US $860 and manages to break above the EMA, accumulation may take place in the ~US $860 – US $1,183 range.
Summary: BNB is at a crossroads — without meaningful buying, the bears may take over.
4. XRP
XRP has attempted a rebound, but bulls haven’t been able to clear the 20-day EMA (~US $2.42). If bears succeed in pushing the price below the support at ~US $2.06, the next downside targets are around ~US $1.90 and possibly ~US $1.61.
Conversely, if XRP breaks above the 20-day EMA, it could aim for the 50-day SMA (~US $2.63) and then the major downtrend line.
Key point: XRP needs a break above resistance to shift the narrative; failure risks another leg down.
5. Solana (SOL)
SOL is clinging to a support region around ~US $155, though the rebound strength appears weak. If it closes below ~US $155, SOL may head toward ~US $126 or even ~US $110. On the upside, a break above ~US $164 might open a path toward the 20-day EMA (~US $179).
Take-away: Vulnerable unless bulls step in; watch the ~US $155 level closely.
6. Dogecoin (DOGE)
Dogecoin is trying to recover, but there’s strong selling pressure around the 20-day EMA (~US $0.18). If DOGE turns down from that resistance, it may revisit the support at ~US $0.14. On the other hand, a successful break above the EMA might lift DOGE toward ~US $0.21.
Summary: Momentum is tenuous; resistance needs to be cleared for the bulls to gain traction.
7. Cardano (ADA)
ADA’s bulls have protected the ~US $0.50 support, but recovery remains weak. If the price reverses from the 20-day EMA (~US $0.61) and breaks below ~US $0.50, a drop toward ~US $0.40 may be in play. If instead the bulls push ADA above the 20-day EMA, the next resistance zone lies near ~US $0.75 and the downtrend line.
Take-away: ADA’s upside remains blocked unless recovery strength improves.
8. HYPE
HYPE is making an attempt to break above its 20-day EMA (~US $41.77), but bears are holding firm. If bulls succeed, the pair could rally toward ~US $52. However, strong profit-taking is expected at that level; failure there could trap HYPE in a range between ~US $35.50 and ~US $52. Alternatively, a break below ~US $35.50 may open a descent toward ~US $30.50 or even ~US $28.
Highlight: HYPE is speculative and the range is wide — risk/reward is elevated.
9. Chainlink (LINK)
LINK is attempting a recovery at ~US $15.85 but bears are capping the upside at ~US $15.43. Recovery is weak, so the risk of a deeper drop remains. If LINK breaks below ~US $13.69, the next downside targets are ~US $12.73 and ~US $10.94. On the flip side, a close above ~US $15.43 might set a climb toward the 20-day EMA (~US $16.84) and beyond.
Bottom line: LINK needs a strong breakout to shift momentum upward; otherwise the path down is plausible.
10. Zcash (ZEC)
ZEC has enjoyed a strong run in recent days, and bulls appear strong. However, the rally has pushed the RSI into overbought territory — a warning that the up-move may be stretched and a pull-back or consolidation is likely. Key support levels to watch are the 38.2 % Fibonacci retracement at ~US $577 and the 50 % retracement at ~US $524. If ZEC rebounds from these supports, the price could resume up toward ~US $830.
Take-away: ZEC is showing strength, but risk of a correction is high due to overbought conditions.
Overall Market Commentary
The broader market theme is one of selective strength amid lingering risk. While some major assets (like Bitcoin) are holding critical zones, many altcoins show weaker momentum and face meaningful levels of resistance. The trajectories fall into three broad categories:
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Bulls must act now: For coins like BTC, ETH, SOL, ADA, LINK — a decisive breakout above moving averages/resistance is needed to flip the narrative from consolidation/decline to recovery.
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Bears on alert: For those failing to clear key levels (BNB, DOGE, XRP), downside risk remains active and support levels must hold to avoid deeper declines.
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Caution in the fast lane: High-volatility assets (HYPE, ZEC) are showing strong moves but come with heightened risk due to stretched charts and susceptibility to pull-backs.
Institutional signals also matter: for example, the report that ~45 % of ETF investors surveyed by Charles Schwab’s asset-management arm are interested in crypto ETFs, which suggests renewed institutional curiosity. Meanwhile, veteran analysts like Mike McGlone remain cautious, noting that Bitcoin may face a deeper correction (potentially to ~US $56,000) despite current strength.
Thus, the dual narrative of hope and risk remains in play.
Final Thoughts
As of 8 November 2025, the crypto market is at an inflection point. The next few days/weeks may determine whether the current support zones become reliable launchpads for a new leg up — or whether we enter a broader corrective phase. Here are some actionable reminders:
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Watch key technical levels (moving averages, support/resistance) — many of the critical moves hinge on crossing these thresholds.
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Manage risk carefully — given that many coins show weak momentum, a conservative approach (e.g., small size, defined stop-loss) is prudent.
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Stay alert to market structure — structural signals like institutional flows, ETF interest, and regulatory cues will likely influence price more than ever.
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Be prepared for both scenarios — a breakout or breakdown is plausible; readiness for either can make the difference.
In short: the market is quieting down after a period of volatility — the question is what happens next. If bulls regain control, we may be positioned for a renewed push; if not, correction risk is very much real.
Disclaimer: This is for informational purposes only and does not constitute investment advice. Always conduct your own research and consult qualified professionals before making investment decisions.
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