Solana’s price is now sitting inside a crucial support zone, and what happens 
in this region will decide whether the next major bullish wave can truly 
begin. The broader correction has brought SOL to a defining moment, where 
micro-level price behavior will determine if buyers can regain control or if 
deeper levels must be tested first. Market Correction Nears First Major 
Support Zone According to a recent update by More Crypto Online, SOL still 
maintains the chance to begin a larger upward move in this current cycle. The 
analyst notes that the market has been in a correction since mid-September and 
has now reached its first major structural support zone, putting the asset at 
a crucial juncture. Related Reading: Solana (SOL) Aims Recovery Run, $155 
Resistance Now Back in Focus The first key support zone is defined as sitting 
between $138 and $118, which is currently being tested by the market. However, 
More Crypto Online cautions that there is currently not enough evidence that 
support is being confirmed here. While there is a small green candle on the 
weekly chart, this is merely something to watch and is &#8220;not yet a signal.&#8221; 
More Crypto Online outlines the bearish contingency: if Solana breaks 
sustainably below the $117–$118 area, the focus will shift to a deeper 
correction scenario, targeting the next major macro support zone between $90 
and $62. In the weekly chart, these are the two zones that matter most on the 
macro level. However, More Crypto Online emphasizes that traders cannot 
automatically assume one or the other will hold. Meanwhile, the key is always 
to observe how the microstructure behaves inside these zones. Why Micro- 
Timeframe Structure Is the Decisive Factor The analyst further clarified that 
a weekly support zone only becomes meaningful when lower time frames begin to 
form clear 5-wave impulse structures from the lows. These impulses act as 
early confirmation that buyers are stepping in with strength rather than 
producing temporary reactions. Related Reading: Solana (SOL) Grinds Upward as 
Broader Market Stabilizes — Is a Breakout Brewing? Without these smaller-time- 
frame impulses, any bounce that appears within a weekly support zone remains 
unconfirmed. It simply signals that price is reacting to the area, not that a 
true bottom has formed or that a bullish reversal is underway. To distinguish 
between a weak bounce and a confirmed hold, the analyst emphasized tracking 
micro price action on the 15-minute, 1-hour, and 4-hour charts. These lower 
time frames reveal whether buyers are defending levels with conviction. Until 
Solana prints a clean and structured 5-wave move from a low, neither support 
zone can be considered validated. In the meantime, both the higher and lower 
support scenarios remain fully in play. Featured image from iStock, chart from 
Tradingview.com

Solana’s Next Major Wave Depends On How The Price Behaves Inside This Support

U.S. digital-asset momentum is accelerating as regulators push toward clearer, 
market-driven rules that promise to supercharge innovation across crypto 
trading, custody and issuance. SEC Signals Momentum Toward Clearer Crypto 
Market Rules Strengthening U.S. digital-asset policy continues to shape 
expectations for a more transparent crypto framework. U.S. Securities and 
Exchange Commission (SEC) Division of Trading and […]

SEC Backs Crypto Evolution With Market Forces Positioned as Final Value Judge

Some Bitcoiners are speculating that the significant surge in the odds of a 
Fed rate cut in December may lead to Bitcoin finding a price “bottom here for 
now.”

Bitcoiners perk up as odds of a December Fed rate cut almost double

XRP has been hit by one of its most aggressive sell waves this year, with on- 
chain data revealing that major whale wallets offloaded nearly 200 million 
XRP, roughly $400 million, within just 48 hours. Related Reading: Ethereum 
Dead Cat Bounce Puts Price At $3,400, But What’s The Ultimate Target? 
According to Santiment analytics, wallets holding between one million and ten 
million tokens were the primary contributors, adding significant sell-side 
liquidity to an already fragile market. This sudden influx of supply arrived 
at a time when XRP was already battling bearish sentiment across the broader 
crypto space. The asset slipped 10.32% in 24 hours, falling below the key $2 
psychological level, touching lows near $1.85, and posting double-digit losses 
within a single day. XRP&#8217;s price trends to the downside on the daily chart. 
Source: XRPUSD on Tradingview Extreme Fear Grips the Market Market indicators 
paint a grim picture. XRP is trading below both its 50-day and 200-day Simple 
Moving Averages, signalling sustained downward momentum. The Fear &amp; Greed 
Index sits at 14, firmly in “extreme fear” territory, while selling volume 
surged past $7.2 billion in 24 hours. Analysts warn that a failure to reclaim 
resistance near $2.30 could open the door to deeper losses, with short-term 
projections suggesting a potential drop toward $1.50 if bearish pressure 
continues. The weakness is not isolated to XRP. Bitcoin’s retreat below the 
$85,000 zone and Ethereum’s slide below $3,000 have triggered market-wide 
liquidations, with macro uncertainty adding fuel. Concerns over a possible 
delay in Federal Reserve rate cuts, driven by soft U.S. jobs data and rising 
unemployment, have dented investor appetite for risk assets across the board. 
Will XRP Stabilize or Sink Further? The big question now is whether whales 
will continue distributing or pause their offloading. If no new wave of large- 
scale selling emerges, analysts believe XRP could stabilize and attempt to 
reclaim the $2 mark in the coming sessions. Recovery projections place the 
short-term target between $2.50 and $2.70, though this would require a 
decisive break above long-standing resistance. Medium-term predictions remain 
cautiously optimistic but restrained. Many experts expect XRP to trade between 
$1.96 and $2.27 into the end of 2025, with stronger upside momentum unlikely 
until regulatory clarity and upcoming ETF activity begin shaping demand 
heading into 2026. Related Reading: Saylor’s Strategy Under Threat: Index 
Status At Risk With $8 Billion On The Line For now, XRP faces a heavy supply 
overhang, and whether the bleeding stops depends on what the whales do next. 
Cover image from ChatGPT, XRPUSD chart from Tradingview

$400 Million XRP Offloaded in Just 48 Hours, What’s Behind the Massive Sell Pressure?

The UK government has introduced the &#8220;Cyber Security and Resilience Bill&#8221; to 
Parliament, aiming to tighten regulations on a broader range of tech and 
service providers in response to rising cyber threats.

Cryptocurrency price in TRY