This Monday's daily crypto market analysis puts Bitcoin at $74,722 against a floor pivot of $74,873, and every major on the board leans bearish. The sections below cover Bitcoin, Ethereum, Solana and XRP in turn, with the support and resistance levels each read is built on.
What is a floor pivot?
Floor pivot points turn yesterday's high, low and close into a ladder of levels for today. The central pivot shows which side is in control, while R1/R2 above and S1/S2 below give the nearest places where a move may stall or reverse.
Support and resistance levels at a glance
| Pair | Bias | Spot | Pivot | R1 | R2 | S1 | S2 | Invalidation |
|---|---|---|---|---|---|---|---|---|
| BTC/USD | Bearish | $74,722 | $74,873 | $75,349 | $75,977 | $74,246 | $73,769 | $75,349 |
| ETH/USD | Bearish | $2,136.42 | $2,136.44 | $2,157.49 | $2,178.55 | $2,115.38 | $2,094.33 | $2,157.49 |
| SOL/USD | Bearish | $87.29 | $87.27 | $88.39 | $89.50 | $86.16 | $85.04 | $88.39 |
| XRP/USD | Bearish | $1.1046 | $1.1104 | $1.1193 | $1.1339 | $1.0957 | $1.0868 | $1.1193 |
Bitcoin price analysis: BTC/USD trades under its pivot
At $74,722, Bitcoin sits 0.2% beneath the daily pivot ($74,873). Rallies into that line need to prove themselves. Trend filters agree: price is beneath the 50 EMA ($75,588) and the 200 ($77,078).
The 1H RSI at 38.3 puts momentum in soft territory. Support sits at $74,246 (S1) and $73,769 (S2). Resistance is $75,349 (R1), then $75,977 (R2). Invalidation: a close over $75,349 cancels this bias.
ETH/USD support and resistance levels for November 9, 2026
At $2,136.42, Ethereum sits 0.0% beneath the daily pivot ($2,136.44). Rallies into that line need to prove themselves. Trend filters agree: price is beneath the 50 EMA ($2,208.22) and the 200 ($2,269.96).
On the hourly chart RSI is 25.2, a oversold reading. Support sits at $2,115.38 (S1) and $2,094.33 (S2). Resistance is $2,157.49 (R1), then $2,178.55 (R2). The read fails on a close above $2,157.49.
Solana price analysis: SOL/USD trades above its pivot
Solana trades at $87.29, 0.0% above its $87.27 pivot. That keeps buyers in charge for now. The model still carries a bearish bias, so treat price holding above the pivot as a test rather than a confirmation. Trend filters cut against the pivot: price is beneath the 50 EMA ($88.90) and the 200 ($92.02).
The 1H RSI at 40.5 puts momentum in soft territory. Support sits at $86.16 (S1) and $85.04 (S2). Resistance is $88.39 (R1), then $89.50 (R2). The read fails on a close above $88.39.
XRP (XRP/USD) xrp price analysis: price holds under the pivot
Spot XRP is 0.5% below the $1.1104 pivot, at $1.1046. The pivot now works as a ceiling. Trend filters agree: price is beneath the 50 EMA ($1.1517) and the 200 ($1.2263).
Momentum is oversold: 1H RSI reads 22.1. Downside levels to watch: $1.0957 and $1.0868. Above price, $1.1193 and $1.1339 are the resistances. If price closes above $1.1193, drop the bearish view.
The contrarian case: what could go wrong with today's crypto trading signals
Unanimous bearish readings are often late. If sellers are this one-sided, a sharp short-covering bounce toward the pivots is the risk to respect. Oversold readings in Ethereum (25.2) and XRP (22.1) raise the odds of a relief bounce even inside a downtrend.
Macro backdrop for crypto market analysis
Macro is the wild card. Rate-cut expectations, ETF inflow data and moves in the dollar index regularly push all four coins together, whatever their individual levels say.
Bottom line and how to use these levels
Where that leaves us: Bitcoin price analysis points bearish while every major on the board leans bearish. Respect the stated levels, keep stops outside normal noise, and expect new numbers with the next daily update.
This analysis is educational market commentary built from computed technical levels. It is not investment advice, and crypto assets can lose value quickly. Verify any trade against your own risk limits.