Weekly Crypto Market Wrap: Broad Sell-Off Pushes Major Coins Into Oversold Territory as Support Levels Come Under Pressure | 13 November 2026

The second week of November has been difficult for digital assets. Selling pressure has broadened beyond the initial post-election shock, and the weakness is now visible across Bitcoin, Ether and most of the large-cap altcoin group. The immediate picture is one of defensive positioning: prices are below important trend references, momentum readings are stretched and market sentiment remains firmly in the fear zone.

There are two separate issues for investors to keep in view. The first is the market’s sensitivity to macro risk appetite and regulatory uncertainty after the United States midterm elections. The second is the continuing fallout from the reported $6.3 billion Binance theft. The FBI’s latest recovery announcement is constructive, but it is not a reason to treat exchange or custody risk as resolved.

Market snapshot: 13 November 2026. Indicative spot and technical references were collected from different providers between 01:10 and 04:35 UTC. They are not a single simultaneous exchange quote. Daily indicator calculations and candle cut-offs differ between providers; all levels below should be treated as reference zones rather than exact execution prices.

1. Current Price and Market Structure

Asset	Indicative price	Daily RSI (14)	First support	First resistance	Daily structure
Bitcoin (BTC)	~$69,227	25.8	$68,745	$72,024	Strong bearish daily bias; below 8 of 8 moving averages
Ethereum (ETH)	~$1,956	25.3	$1,953	$2,040	Strong bearish; below 8 of 8 moving averages
XRP	~$1.01	22.2	$1.0321	$1.0784	Strong bearish; price is below the latest daily support reference
Solana (SOL)	~$79.04	20.0	$78.954	$83.818	Strong bearish; below 8 of 8 moving averages
Cardano (ADA)	~$0.1738	31.0	$0.1698	$0.1782	Strong bearish; below 8 of 8 moving averages
Monero (XMR)	~$538.69	40.1	$524.25	$548.36	Mixed daily structure; below the 50 EMA but above the 200 EMA

The market-wide backdrop is weak. Coinlib placed total cryptocurrency market capitalisation near $2.31 trillion on 13 November, with Bitcoin dominance around 59.88%. A separate tracked-asset dataset from CryptoKeyhole showed its own market basket down about 4% over 24 hours at 03:00 UTC, with Bitcoin, Ether and Solana all lower over both the daily and seven-day windows. The market-cap totals differ because providers use different asset universes and calculation methods, so the figures should not be combined as if they were one index.

The most important feature of the technical picture is the breadth of weakness. Five of the six assets in this review are classified as strongly bearish on the daily timeframe by the cited feeds. Monero is less damaged on its daily moving-average structure, but its shorter-term momentum has weakened. Oversold readings are widespread; confirmation is not.

2. Bitcoin (BTC/USD)

Bitcoin’s latest technical reference was near $69,227, with the daily RSI at 25.8. The daily and four-hour readings were classified as strongly bearish, while the weekly model reading remained more constructive. That divergence is important: it suggests the short-term sell-off is much more severe than the longer-term signal, but it does not mean a recovery is already underway.

Trend-Line Analysis

The cited daily feed showed BTC below all eight of its monitored moving averages. The 50-day average remained above the 200-day average, a longer-horizon configuration that has not yet fully reversed, but price is trading below the entire moving-average set. This is a useful distinction between the direction of the averages and the market’s position relative to them. A rising or still-elevated long-term average cannot provide support if price continues to close beneath it.

The first support reference is $68,745. A daily close below that area would leave $65,101 and then $62,408 as the next downside references. On the recovery side, $72,024 is the first resistance level, followed by $73,657 and $75,095. A move above the first resistance would be an early stabilisation signal; it would not, by itself, repair the broader trend while price remains below the major moving averages.

Key Support and Resistance

• Support: $68,745, $65,101 and $62,408.
• Resistance: $72,024, $73,657 and $75,095.

Indicators and Momentum

RSI below 30 places BTC in the commonly described oversold zone. It measures the strength of recent losses relative to gains, not whether the asset has reached fair value. The weekly RSI reading near 42.9 is less extreme than the daily figure, reinforcing the timeframe split. Traders should watch for a higher low, improving daily closes and a recovery through the first resistance before treating the oversold reading as evidence of a durable turn.

3. Ethereum (ETH/USD)

Ether’s technical reference was near $1,956, with daily RSI at 25.3. The four-hour, daily and weekly feeds all carried a strongly bearish bias. ETH is therefore not simply experiencing a short-lived intraday dip: the available timeframe readings point to persistent pressure across the chart.

Trend-Line Analysis

Price was below all eight monitored moving averages. The daily MACD line was approximately -106.54 against a signal line near -83.17, leaving the histogram negative. That configuration indicates downside momentum remains dominant. The first support reference is $1,953, followed by $1,893 and $1,806. The first resistance is $2,040, with $2,075 and $2,131 above it.

Key Support and Resistance

• Support: $1,953, $1,893 and $1,806.
• Resistance: $2,040, $2,075 and $2,131.

Indicators and Momentum

The daily Bollinger Bands were approximately $1,979 at the lower band, $2,221 at the middle band and $2,463 at the upper band. The technical reference price was below the lower band, a sign of unusually strong downside extension. That can precede a relief bounce, but in a persistent downtrend price can continue to press along or outside the lower band. ETH needs to reclaim $2,040 first; a sustained move back toward the middle band would be a more meaningful sign that selling pressure is easing.

4. XRP (XRP/USD)

XRP was around $1.01 in the latest 13 November spot snapshot. The most recent daily technical reference used for its support and resistance map was higher, near $1.0345, with RSI around 22.2. The current spot snapshot is below that feed’s first support at $1.0321. Because the sources have different update times, the important point is not the last decimal place: XRP is trading at or below a key support zone while its daily and weekly trend readings remain weak.

Trend-Line Analysis

The cited daily model showed price below all eight monitored moving averages and a strong bearish bias across the four-hour, daily and weekly timeframes. The next support references below $1.0321 are $0.9784 and $0.8854. On the upside, $1.0784 is the first recovery level, followed by $1.1207 and $1.1639. A move back above $1.0784 would be a first sign of stabilisation, but the moving-average structure would still need to improve.

Key Support and Resistance

• Support: $1.0321, then $0.9784 and $0.8854. The first level has been under pressure in the latest spot snapshot.
• Resistance: $1.0784, $1.1207 and $1.1639.

Indicators and Momentum

Daily RSI near 22 indicates a pronounced loss of momentum. That reading can attract short-covering, but it is not a standalone reversal signal. The market needs to reclaim broken support and establish a higher low before a bounce can be treated as more than a counter-trend move. XRP’s relative performance should also be assessed against the broader market rather than assuming that network developments automatically translate into token demand.

5. Solana (SOL/USD)

Solana’s daily technical reference was near $79.04, with RSI at 20.0. The daily, four-hour and weekly feeds all indicated a strong bearish trend. SOL remains one of the weakest structures in this review, with price below the monitored moving averages and momentum deeply oversold.

Trend-Line Analysis

The daily MACD was approximately -6.10 against a signal line near -5.18, leaving the histogram negative. The first support reference is $78.954, with $75.912 and $73.053 below it. The first resistance is $83.818, followed by $86.831 and $89.475. A sustained close below the first support would leave the lower zones exposed. A recovery through $83.818 would be an initial improvement, but a move back toward the moving-average cluster would be needed to repair the trend.

Key Support and Resistance

• Support: $78.954, $75.912 and $73.053.
• Resistance: $83.818, $86.831 and $89.475.

Indicators and Momentum

The daily Bollinger Bands were approximately $78.31 at the lower band, $91.93 at the middle band and $105.55 at the upper band. Price is close to the lower band, while RSI is well below 30. This combination describes a market under heavy pressure, not a confirmed bottom. ATR near $4.28, or roughly 5.4% of the technical reference price, also shows why stops placed too tightly can be caught by ordinary daily movement.

6. Cardano (ADA/USD)

Cardano’s latest daily technical reference was near $0.1738, with RSI at 31.0. ADA has traded below all eight moving averages monitored by the cited feed, and the four-hour, daily and weekly assessments were all strongly bearish. A small positive intraday change in one market snapshot does not alter that broader structure.

Trend-Line Analysis

The daily MACD and its signal line were both close to -0.01, with the histogram still negative. The first support is $0.1698, followed by $0.1636 and $0.1563. Resistance begins at $0.1782, then $0.1824 and $0.1905. A close below $0.1698 would weaken the immediate structure; a recovery through $0.1782 would be the first step toward stabilisation.

Key Support and Resistance

• Support: $0.1698, $0.1636 and $0.1563.
• Resistance: $0.1782, $0.1824 and $0.1905.

Indicators and Momentum

The daily Bollinger Bands were near $0.1655 at the lower band, $0.1883 at the middle band and $0.2112 at the upper band. Price remains well below the middle band and the moving-average cluster. RSI around 31 is weak and close to oversold, but it has not produced a confirmed bullish divergence in the cited data. Buyers need to defend support and then reclaim resistance before a stronger recovery case can be made.

7. Monero (XMR/USD)

Monero’s latest price reference was near $538.69. Its daily technical picture is less uniformly bearish than the other assets: RSI was around 40.1, price remained above the 200-period EMA but below the 50-period EMA, and one daily model still described momentum as slightly positive. The hourly feed, however, showed a bearish trend. This is a mixed structure rather than a clear safe haven.

Trend-Line Analysis

The first nearby support reference is around $524.25, with $513.12 and $491.18 below it. Resistance begins near $548.36, followed by $569.14 and $572.34. XMR needs to regain the first resistance and hold above it to improve the short-term picture. A break below $524.25 would increase the risk of a deeper retracement.

Key Support and Resistance

• Support: $524.25, $513.12 and $491.18.
• Resistance: $548.36, $569.14 and $572.34.

Indicators and Momentum

CoinLore’s daily feed placed RSI near 40.1 and ATR near 5.3%, while describing the daily momentum reading as slightly positive. Its hourly update was more negative. The split between a daily price position above the 200 EMA and a weaker short-term trend is worth monitoring. It does not remove Monero’s liquidity, exchange-access or jurisdiction-specific risks, particularly during a broad market drawdown.

8. News, Exchange Risk and Market Sentiment

FBI announces a major recovery in the Binance theft

The Associated Press reported on 12 November that the FBI had seized or obtained court authority to restrain more than $1.2 billion in cryptocurrency reported stolen from Binance. The original theft was estimated at about $6.3 billion and attributed by the FBI to the North Korean-linked TraderTraitor group. AP reported that authorities and private-sector partners had frozen more than $2.7 billion of the stolen assets in total. The Justice Department will still need to pursue forfeiture proceedings, so the announcement is a recovery milestone rather than a final resolution of every claim.

The FBI also described a separate alleged $400 million cryptocurrency theft scheme over the preceding 18 months. The operation reportedly involved hijacked messaging applications and deepfake videos. That detail matters beyond the Binance incident: the human and social-engineering layer remains a major attack surface even when blockchain networks themselves continue to operate as designed.

Regulatory uncertainty remains part of the risk premium

Reuters reported on 8 November that Bitcoin and Ether had fallen to their lowest levels in more than two months as investors considered the possibility of tougher US crypto regulation following the midterm elections. The same report identified the Binance theft as another source of market concern. These are different risks: policy uncertainty affects the expected operating environment for the sector, while an exchange breach raises questions about custody, operational controls and counterparty exposure.

The recovery announcement is constructive, but it should not be read as proof that exchange-security risk has disappeared. Customers still need to assess where assets are held, whether withdrawals are functioning normally, how an exchange reports reserves and what recourse exists if a service is disrupted.

Sentiment is fearful, although providers disagree on the exact score

CryptoKeyhole’s market Fear and Greed reading was 42 out of 100 at 03:00 UTC on 13 November, compared with 50 a week earlier and 58 a month earlier. CFGI reported a broader market average of 38 out of 100 at 02:38 UTC, while another tracked index showed a much lower reading of 20. The numerical gap reflects differences in coverage and methodology; all three placed sentiment in the fear range. A sentiment index is a description of prevailing conditions, not a timing signal.

Macro conditions still matter

Crypto remains sensitive to shifts in interest-rate expectations, the US dollar, bond yields and equity-market volatility. Reuters reported on 13 November that markets were pricing a high probability of a December Federal Reserve rate increase after renewed inflation concerns. That pricing can change quickly as new data arrives, but the broader lesson is that liquidity expectations remain a key input for risk assets. Crypto-specific headlines are not the only driver of the next move.

ETF and institutional-flow note: a sufficiently consistent, independently verifiable weekly flow dataset for all relevant products was not available in the sources checked for this edition. No aggregate flow total is presented here. Readers should compare daily issuer and exchange-traded product disclosures directly rather than relying on a single unverified headline figure.

9. Market Regime

Trend: The daily trend is bearish across BTC, ETH, XRP, SOL and ADA. Monero is mixed, with price above its 200 EMA but below its 50 EMA. The broad moving-average picture does not yet support a market-wide recovery thesis.

Momentum: RSI is below 30 for BTC, ETH, XRP and SOL, and close to that threshold for ADA. These readings show that selling has been unusually persistent. XMR’s RSI is higher but still below the neutral midpoint. MACD remains negative for ETH, SOL and ADA in the available daily snapshots.

Volatility: ATR readings for SOL and XMR are elevated relative to their prices. Volatility can widen quickly when support levels break, and a stop distance that was reasonable in a quieter market may be too narrow during a liquidation-driven move.

Liquidity and counterparty risk: The Binance incident reinforces the difference between holding an asset on a self-custodied wallet and holding it with a third-party platform. Exchange access, withdrawal capacity, custody controls and counterparty exposure should be assessed separately from the technical condition of a blockchain network.

Sentiment: Fear is consistent across the sources checked, even though the exact index values differ. A low reading can persist through a prolonged decline. It becomes more useful when sentiment stabilises at the same time as price stops making lower lows and market breadth begins to improve.

10. Weekly Scenarios

Scenario	Illustrative weight	Conditions to monitor	Potential market path
Relief bounce and stabilisation	15%	BTC holds $68,745 and reclaims $72,024; ETH recovers $2,040; selling pressure eases and market breadth improves	Short-covering and a rebound toward nearby resistance, without assuming that the larger trend has reversed
Base case: volatile consolidation	45%	BTC and ETH defend their first support zones; altcoins remain mixed; XMR holds above $524; sentiment stops deteriorating	Choppy trading with repeated support and resistance tests while the market searches for a floor
Bearish continuation	40%	BTC closes below $68,745; ETH loses $1,953; XRP remains below $1.0321; SOL breaks $78.954; ADA loses $0.1698	Further de-risking, renewed liquidations and tests of the next lower support references

These weights are qualitative scenario allocations for discussion, not statistically derived probabilities or forecasts supplied by a trading venue. They should be reassessed as fresh price, volume, liquidity and macro data becomes available. The scenario map is invalidated by new information and should not be treated as a trade instruction.

11. What to Watch Next Week

• Whether BTC can defend $68,745 and reclaim $72,024, or whether the $65,101 and $62,408 zones come into focus.
• Whether ETH holds $1,953 and recovers $2,040, or extends toward $1,893.
• Whether XRP can reclaim $1.0321 and $1.0784 after trading below the first daily support reference.
• Whether SOL holds $78.954 and moves back above $83.818.
• Whether ADA defends $0.1698 and recovers $0.1782.
• Whether XMR can regain $548.36 or instead loses the $524.25 support area.
• Daily spot ETF disclosures and whether institutional demand broadens beyond the largest products.
• US inflation and interest-rate data, Treasury yields, the dollar and equity-market volatility.
• Verified updates on the Binance recovery process, withdrawal operations and the exchange’s security review.
• Funding rates, open interest, liquidation totals and order-book depth across major venues.

12. Educational Insight: Why Oversold Does Not Mean the Bottom Is In

The Relative Strength Index compares the magnitude of recent gains with recent losses over a defined look-back period. A reading below 30 is commonly described as oversold. It tells us that selling has been unusually strong relative to the recent price history. It does not tell us that an asset is undervalued, that sellers have finished or that a rebound must begin immediately.

In a strong downtrend, RSI can remain below 30 while price continues to make lower lows. That is why a sound technical review checks several independent forms of evidence:

• Moving averages: show whether price is above or below short-, medium- and long-term trend references.
• RSI: measures momentum and can help identify stretched conditions or potential divergence.
• MACD: tracks the relationship between moving averages and helps assess momentum direction and acceleration.
• ADX: measures trend strength, not direction. A high reading can describe a strong decline just as easily as a strong advance.
• Bollinger Bands: show a volatility envelope around a moving average. Trading near the lower band in a downtrend is not automatically a buy signal.
• Parabolic SAR or SuperTrend: can provide a trailing directional reference for managing a stop, but neither should be used without price structure and risk controls.
• Support and resistance: identify the areas where a market view can be tested, confirmed or invalidated.
• Multi-timeframe confirmation: compares daily signals with weekly structure. A daily oversold reading against a bearish weekly trend is different from an oversold reading while the weekly trend remains constructive.

A stronger reversal case would normally require price to defend a defined support area, form a higher low or bullish divergence, improve the MACD histogram and reclaim a relevant moving average. The sequence matters. A single indicator can describe an extreme condition; confirmation comes from how price behaves afterwards.

13. Big 5 Capital View

This week’s message is straightforward: the market is stretched, but it is not yet repaired. BTC, ETH and the large-cap altcoins are trading with weak daily structures, and the fear readings show that confidence has deteriorated. The FBI’s recovery announcement is a meaningful development in the Binance case, but the security and custody implications remain relevant for every market participant who relies on a centralised venue.

Bitcoin’s ability to hold the $68,745 area is the immediate market test. Ether needs to defend $1,953 and reclaim $2,040. XRP is already below the latest daily support reference in the more recent spot snapshot, while SOL and ADA remain vulnerable unless their first support zones hold. Monero’s daily structure is less damaged, but the hourly weakness and elevated volatility argue against treating it as insulated from the wider sell-off.

For the coming week, confirmation matters more than trying to call the exact low. Watch daily closes, momentum improvement, market breadth, liquidity and verified exchange-security updates. An oversold bounce can occur inside a damaged trend. A durable recovery needs follow-through across price, momentum and participation.

14. Explore Big 5 Capital

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Risk context: the price levels and scenarios in this article are analytical references, not instructions to enter or exit a position. Crypto markets can move through support zones rapidly, and exchange, custody, liquidity and counterparty failures can create losses independently of an asset’s underlying protocol.

Sources and Data Notes

• Coinotag: Bitcoin daily technical analysis, 13 November 2026.
• Coinotag: Ethereum daily technical analysis, 13 November 2026.
• Coinotag: XRP technical reference, latest completed daily update 12 November 2026; CoinPaprika: XRP market snapshot, 13 November 2026.
• Coinotag: Solana daily technical analysis, 13 November 2026.
• Coinotag: Cardano daily technical analysis, 13 November 2026; Coinucation: Cardano market snapshot, 13 November 2026.
• CoinLore: Monero daily and hourly technical analysis, 13 November 2026; Yahoo Finance: XMR market and historical price data; KumoCast: Monero support and resistance reference, 13 November 2026.
• Coinlib: total market capitalisation and Bitcoin dominance, 13 November 2026; CryptoKeyhole: tracked-asset market snapshot, 13 November 2026.
• CryptoKeyhole: Fear and Greed Index, 13 November 2026; CFGI: market sentiment snapshot, 13 November 2026; World-Crypt: sentiment index, 13 November 2026.
• Associated Press, 12 November 2026: FBI says US seized $1.2 billion in cryptocurrency stolen from Binance.
• Reuters, 8 November 2026: cryptocurrencies slide to two-month lows after US midterms.
• Reuters, 13 November 2026: interest-rate expectations and inflation concerns in global markets.

Data methodology: prices and technical indicators are provider snapshots, not exchange execution quotes. RSI uses a 14-period setting where supplied. Moving-average, MACD, Bollinger Band, ATR and support/resistance values are taken from the linked feeds and may differ because of exchange selection, candle cut-off and calculation methodology. Scenario weights are qualitative editorial estimates and are not statistically modelled.