2026-11-14 · digital-assets
Crypto News: Bitcoin, Ethereum And XRP Hit Make-Or-Break Levels After Brutal Sell-Off
Source Coinpedia
Bitcoin fell to $65,420.59, down 4.8% in 24 hours and 13.6% over the past week, according to CoinGecko data. Ether and XRP fell further. The levels traders had marked for a rebound gave way one after another.
Ether dropped 5.7% to $1,826 and is down 18.2% for the week. XRP fell 6.1% to $0.9573, putting the token back below $1. Solana took the biggest hit among the top coins, sliding 8.6% to $72.66.
Bitcoin Slices Through the $67,000 Target Zone
Gareth Soloway, chief market strategist at Verified Investing, had warned that a break below $75,500 would open a path to $66,000 to $67,000. Bitcoin first stalled near $67,500. It has since broken through the whole zone and now trades about $1,500 below its lower end.
The selling has pushed several chart levels out of play:
- Resistance: $75,500 has turned from support into resistance.
- Trend line: Bitcoin has dropped below a trend line drawn from a major high in June 2026. That line was the breakout point of an earlier inverse head-and-shoulders pattern.
- Fibonacci: The price has fallen deeper below the 0.618 retracement of its full rally, a level traders often watch for a bounce.
Soloway said he started buying small amounts of Bitcoin near $67,000, along with some Solana. He argued that a recent higher high on the chart pointed to a short-term bottom. On that view, the drop would be a pullback within a larger recovery rather than a new downtrend.
That view has a clear line in the sand. If Bitcoin sets a lower low below its previous cycle low, the higher-low structure fails, and that would signal the cycle bottom has not formed. With the price now below the target zone, the market is getting closer to testing that line.
Ether has slipped below the trend line it broke above earlier. It now trades under the area where buyers had been expected to step in.
Soloway said he went long Ether at an average price of $1,952, roughly a quarter of a full position, and planned to add near $1,850. At $1,826, the price is now below both levels. Ether's market value has fallen to about $223 billion.
XRP first slipped below $1 earlier in the week, then bounced to $1.02. That rebound has now faded. At $0.9573, the token sits below its August low of about 98.5 cents and is down 16.9% for the week.
On the four-hour chart, the relative strength index (RSI) had been rising from its lows even as the price fell. That gap can point to fading selling pressure, but it has not yet produced a lasting bounce.
- Downside: The next major support is $0.90, about 6% below the current price.
- Upside: Buyers need to win back $1.037 to $1.05 to regain short-term control.
The selling has hit large altcoins harder than Bitcoin over the past week:
- BNB: $586.22, down 6.3% in 24 hours and 13.9% over seven days
- Solana: $72.66, down 8.6% in 24 hours and 18.0% over seven days
Was this writing helpful?
Trust with CoinPedia:
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored and Advertisements:
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.