XRP, ETH, BTC, SOL: Analyst Predictions Nov 10-16

Bitcoin (BTC) is currently trading near $106,441.90, attempting to maintain support around the $106,000 level. The U.S. House of Representatives has yet to approve a temporary budget proposal, requiring Senate and House votes before reaching President Trump for signature, with a more permanent solution sought by January 21.

Senior crypto whales continue to sell off holdings, creating limitations on the upside and a potential for downturns. While a strong demand wave via ETFs could potentially mitigate this, such signals are currently absent. Analyst Ali Martinez highlights ongoing ETH whale sales, with 23 of the largest whales selling assets or transferring them to different wallets last week.

Lark Davis remains optimistic, noting that a trendline support, held since April, is being defended. Although the 20EMA acts as resistance, Davis anticipates upward movement, supported by a MACD golden cross. A potential move to $4,800 is expected if the anticipated trend holds true, which would benefit altcoins as well.

Analyst DaanCrypto recently shared a bearish assessment of BTC, stating it is attempting to regain the previous support area around $107,000, which corresponds to a Daily 200MA/EMA level it previously breached.

The possibility of a Supreme Court ruling against a case, along with uncertainty around delayed reports related to a closure, may hinder the maintenance of $107,000 as support. News flow will be a critical factor during this period.

Solana (SOL) is currently trading at $167, with Davis indicating a challenging resistance wall. The daily 20EMA and downtrend line are converging, reinforced by 0.5 and 0.618 Fibonacci levels. This area will be crucial for determining the next phase.

Ali Martinez expresses optimism regarding XRP, targeting a breakout above $1.90 to initiate a price discovery phase, potentially reaching $6.

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Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.