Crypto Markets

Cryptocurrency Report November 2025 (Part 2): Looking for important support zone?

Analysis and outlook for major cryptocurrencies that many investors are watching. The following assessments may serve as reference for both short-term and long-term perspectives.

XRP: Rising risk of retesting the April 2025 lows

On the weekly chart, XRP continues its short-term downtrend after failing to retest the 50-week SMA and is now testing the lower band of the Bollinger Bands.

In addition, the MACD indicator continues to weaken and has crossed below the zero line after giving a sell signal, further increasing short-term pessimism.

Meanwhile, the ADX indicator is showing signs of recovering within the gray zone (20 < ADX < 25). If the ADX rises above 25 in the near future while negative technical signals show no improvement, the strength of the current downtrend will increase, and the April 2025 low (corresponding to the 1.55–1.77 USD region) will become a key support for XRP in the coming period.

As noted in the October 2025 Cryptocurrency Report (Part 2), on the daily chart, after forming a pullback to retest the lower boundary (2.65–2.75 USD) of the previously broken Descending Triangle pattern, a death cross between the 50-day SMA and the 200-day SMA appeared in early November 2025. This supports a continued bearish medium-term outlook.

Additionally, the MACD is flashing a sell signal and remains below zero, while XRP’s price continues to trade below the middle band of the Bollinger Bands. This also indicates ongoing downside risk.

In summary, the author expects XRP to maintain its downward trend unless technical signals improve. The April 2025 low will remain an important support level where investors may look for safer entry points if stronger bullish reversal signals appear.

SOL: Confirmed breakdown from the ascending price channel

On the weekly chart, the bearish scenario outlined in the October 2025 Cryptocurrency Report (Part 2) has materialized, with SOL continuing its short-term downtrend after breaking below the lower boundary (174–191 USD) of the medium-term bullish price channel.

Currently, the coin continues to cling to the lower band of the Bollinger Bands and is retesting the June 2025 low (125–137 USD), while the MACD continues to widen its gap from the Signal line and has crossed below zero after issuing a sell signal—indicating further short-term weakness.

On the daily chart, SOL maintains a strong downtrend following the formation of a death cross between the 50-day SMA and the 100-day SMA in early November 2025.

In addition, SOL continues to trade near the lower Bollinger Band while the MACD consistently forms lower highs and lower lows. If these negative signals persist and the 125–137 USD support zone is breached, the probability of retesting the April 2025 low (95–108 USD)—which is also its 52-week low—will increase significantly.

In summary, based on these technical factors, the author believes SOL’s outlook remains highly challenging. Investors should limit trading at current price levels and wait for more positive technical signals before considering new positions.

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