Bitcoin, Ethereum, and XRP Downside Targets — Key Levels If Selling Continues

Bitcoin is trading at approximately $74,744 — down 1.49% in the past 24 hours — with a market cap of $1.50 trillion. The broader crypto market is under sustained pressure, and one analyst has now published specific downside targets for the three largest liquid assets: Bitcoin, Ethereum, and XRP. These are not speculative guesses. They are chart-derived structural levels where buyer defense will be tested if the selling continues.

An analyst who has been tracking this multi-day decline since a five-part thread published on November 7, 2026 followed up on November 9 with a consolidated map of where Bitcoin, Ethereum, and XRP could find their next meaningful test. The core message is disciplined: these are zones where price action will determine whether buyers step in — not guaranteed floors.

Bitcoin — 3-Day Channel Defines the Floor

On the 3-day chart, Bitcoin has been trading within a defined channel structure. The mid-range support sits near $73,000. If that level fails to attract buyers, the lower boundary of the channel falls near $60,000. Bitcoin has already seen significant liquidation pressure in recent sessions — as covered previously, Bitcoin dropped to $73.4K as over $1 billion was liquidated in a single session driven by macro catalysts. The current price of $74,744 sits just above that mid-range structural support at $73,000, making this level the immediate line to defend. A sustained close beneath $73,000 on the 3-day chart would shift the analytical focus toward the $60,000 lower channel boundary — a further 18% decline from the mid-range level.

Ethereum — Right-Angled Ascending Broadening Pattern Breaks

Ethereum’s setup carries the most technical specificity. On the daily chart, ETH had been trading within a right-angled ascending broadening pattern — a structure characterized by a flat upper resistance and a rising lower trendline. The critical support in that pattern was $2,385. According to the analyst’s thread, Ethereum has already lost that $2,385 level. With that support broken, the pattern projects a downside target near $1,963. That level represents the next meaningful structural zone — not an arbitrary number, but the lower boundary implied by the broadening pattern’s geometry following the $2,385 breakdown.

XRP — Channel Mid-Range Gone, Lower Boundary at $0.99

XRP’s picture mirrors Bitcoin’s channel structure but at a more advanced breakdown stage. The mid-range of XRP’s channel has already been broken. With that level gone, the lower channel boundary near $0.99 becomes the operative downside target. XRP at $0.99 would represent a return to sub-$1.00 territory — a psychologically significant level that also aligns with the structural floor of the channel the analyst has mapped. For context, the analyst’s broader November 7 thread flagged potential dumps across the market before they materialized, lending credibility to this channel-based framework. Bitcoin recent buyers are already underwater, with $79.3K now acting as overhead resistance — context that reinforces the bearish case for the broader market.

What These Levels Are — And What They Are Not

The analyst is explicit: these are zones where buyer defense will be tested. Price action at $73,000 for BTC, $1,963 for ETH, and $0.99 for XRP will determine whether demand emerges at structural support — or whether selling pressure overwhelms those levels and extends the decline. This is a framework for watching, not a prediction of where the bottom will be. Other assets are flashing breakdown signals in parallel — HYPE, ONDO, and QNT have all printed breakdown signals at key levels, suggesting this is a broad structural deterioration rather than an isolated move in any single asset.

The three-asset map presents a consistent picture: channel and pattern structures that held for weeks are now being tested or have already broken. Ethereum’s $2,385 is already gone. XRP’s mid-range is already gone. Bitcoin’s $73,000 is the next immediate test. Whether these lower targets at $60,000, $1,963, and $0.99 are reached depends entirely on whether buyers emerge at current levels or capitulate through them.

Watch $73,000 on Bitcoin — a sustained 3-day close beneath that level removes the mid-range structure and opens the path toward $60,000.

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Source: Ali Charts · Published by CoinsProbe Markets Desk

Written by

Coinsprobe Markets Desk

Crypto journalist and analyst covering blockchain, DeFi, and digital asset markets at CoinsProbe.

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