Price predictions 11/12: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, HYPE, LINK, BCH
Bitcoin attempted a rebound but was met with aggressive selling around the $107,000 area, a rejection that sent ripple effects through the broader market. Most large-cap altcoins failed to hold gains and rolled over from their own resistance levels, with ETH, BNB, SOL, XRP, ADA, DOGE, LINK and BCH all showing weakness. Short-term momentum has flipped neutral-to-bearish as volume favored sellers, suggesting the attempted recovery lacked follow-through.
Why it matters: a sustained close above $107,000 would be needed to validate a renewed bullish push; absent that, traders should watch key support bands and expect elevated volatility. Altcoins are likely to remain correlated to BTC’s next move, so risk management and attention to liquidation risk are prudent for leveraged positions and portfolio rebalancing in the coming sessions.