Price Prediction 11/18: BTC, ETH, XRP, BNB, SOL, DOGE, ADA

XRP prints a green candle on Tuesday as buyback begins following its retest of its fourteen-day low. Although a doji, a green close at the time of writing, would mark its first green in a week of consistent decline.

XRP is not the only asset experiencing significant buying pressure at the time of writing. The crypto top 100 is gradually flipping green as several other assets are seeing notable buybacks.

The global cryptocurrency market cap is $3.13 trillion, $130 billion above its low. A look at the 1-day chart shows it surged slightly a few hours ago, as the sector responded to positive fundamentals.

The US Department of Labor recently released the initial jobless claims for the week ending Oct 18. It came in at 232k, lower than the forecasted 254k. Investors took the news and staged the first significant rebound in more than a week.

There are speculations that the bottom is in already. As a result, investors have switched to buying and are aggressively buying the dip. However, others closely monitor daily reports for ETF trackers to understand how the investment funds are reacting. 

A drop in outflow will signal further buying pressure, aligning with the spot market trend. Let’s see how top assets will perform in the coming days.

BTC/USD

Bitcoin is on the verge of marking its first green this week after it saw a notable decline during the previous intraday session. It retraced by over 2%, slipping from $95k to $91k.

BTC retraced even lower on Tuesday, dropping to a low of $89,189. However, it rebounded and is trading at $93,400 at the time of writing. While the recovery marked the first significant buyback after a massive dip, traders remain cautious.

Nonetheless, the 4-hour chart reveals several green candles that hint at further increases. The first to consider is the relative strength index. A few days ago, the metric dropped below 30, indicating that the asset was oversold.

The apex coin experienced a similar decline earlier on Tuesday, but rebounded.  Buybacks almost inevitably follow such events, and the ongoing increase may already indicate that the trend is taking effect.

The bollinger bands are another indicator that supports the speculation of further increases. BTC bounced off the lower band a few hours ago. Its next price target will be the middle band at $94k.

ETH/USD

Ethereum is seeing slight selling pressure after it recently edged close to $3,200. It experienced slight rejections at $3,168 and is struggling to hold prices above $3,100.

Nonetheless, amid the slight decline, ETH remains green on the 1-day chart. It recovered from a dip to $2,943 and is trading 3% above its Tuesday opening price. 

RSI shows the altcoin is experiencing healthy buying pressure, which is driving its current uptick. The recent buyback followed the metric’s dip to 33 but is currently at 49. The metric points to further price increases as it broke short-term resistance. Its next target will be 55.

If this happens, the altcoin will retest the $3,200 on Wednesday. Previous price movements show notable selling pressure at the level. A decisive break above may mark the end of the downtrend. 

XRP/USD

XRP is trading at $2.23 at the time of writing. Like the rest of the market, it saw notable buying after its recent dip to $2.10.

However, its recent candle suggests fading pressure. Although relatively new, it has a wick extending from its top to the previous high. This means that the asset is grappling with slight selling congestion at the mark.

Nonetheless, the latest candle follows a breakout above the bollinger’s middle band. In some instances, the metric served as a support. The same may happen in the coming hours. Maintaining that level will guarantee further increases. XRP may reclaim $2.30 on Wednesday.

BNB/USD

BNB recently broke above bollinger’s middle band after several days of mostly trading below it.  The latest breakout came hours after it slipped below the lower band.

While the recent drop below the bands was not a standalone event, the actions that followed were bullish. However, focusing solely on the bollinger suggests a 50-50 chance of further increases, as there was notable selling congestion above it.

BNB prints a red candle on the 4-hour chart. It may indicate the previous bearish trend is continuing. If this happens, the altcoin will break below $900. On the other hand, it will retest $960 if the trend persists.

SOL/USD

Solana is trading at $141. Like XRP, it broke above its bollinger’s SMA a few hours ago as buying pressure soars. However, the altcoin prints a red candle on the 4-hour chart as its upward momentum wanes.

Nonetheless, the candle does not show a sharp price swing. A closer look at the chart reveals that the recent decline started after the asset tested $142. Previous price action shows the bulls have failed to flip this key level since last week.

Focusing on previous price movement reveals that Solana may hover close to the level before it breaks out. Indicators like the Bollinger bands and RSI remain silent about the next price direction.

DOGE/USD

Like XRP, DOGE rebounded sharply after recently slipping to one of its lowest levels in 2025. It reached a level last seen one month ago, then experienced significant buybacks that sent the price higher.

It trades 5% above its Tuesday opening, but signs suggest the upward momentum is waning. It prints its first red candle on the 4-hour chart after several green. Nonetheless, a closer look at the chart shows that it is approaching the bollinger’s SMA. 

Holding the level will send the altcoin to retest $0.165. Conversely, losing it may result in a new low.

ADA/USD

ADA is trading at $0.47. Like XRP, it broke below bollinger’s lower band a few hours ago but recovered as buying pressure soars. However, the altcoin prints a red candle on the 4-hour chart as its upward momentum wanes.

A closer look at the chart reveals that the asset is experiencing slight selling congestion at $0.48. As a result, it is seeing a slight retracement. 

The altcoin prints a red candle on the 4-hour chart. It may indicate the previous bearish trend is continuing. If this happens, the altcoin will break below $0.46. On the other hand, it will retest $0.50 if the trend persists.

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