MarketAlleys

Crypto market update: Solana leads moves as of Nov 8, 04:00 UTC

Solana fell the most over 24 hours; Ether dipped modestly while bitcoin and XRP were little changed, according to CoinGecko.

Illustration for: Crypto market update: Solana leads moves as of Nov 8, 04:00 UTC
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Where prices stand

Over 24 hours, at Nov 8, 04:00 UTC, Solana fell 0.88% to $89.15 and was the largest mover; Ether fell 0.34% to $2,235.05; Bitcoin was little changed at $75,798.00; and XRP was little changed at $1.1600. Five-session moves were -4.68% for Solana, -1.66% for Ether, -3.22% for Bitcoin and -5.69% for XRP. Figures are according to CoinGecko.

Instrument Last 5-session change Latest change As of Source
Bitcoin $75,798.00 -3.22% -0.03% Nov 8, 03:58 UTC CoinGecko
Ether $2,235.05 -1.66% -0.34% Nov 8, 03:58 UTC CoinGecko
Solana $89.15 -4.68% -0.88% Nov 8, 03:58 UTC CoinGecko
XRP $1.1600 -5.69% +0.01% Nov 8, 03:58 UTC CoinGecko

Trend check

MarketAlleys shows neutral status for all four instruments. Bitcoin: status neutral, RSI(14) 38.1, close $75,775.28 is below SMA50 $81,993.03 and above long SMA $73,197.26. Ether: status neutral, RSI(14) 39.6, close $2,236.28 is below SMA50 $2,499.02 and above long SMA $2,156.44. Solana: status neutral, RSI(14) 31.1, close $90.06 is below SMA50 $108.16 and above long SMA $88.98. XRP: status neutral, RSI(14) 33.0, close $1.1785 is below SMA50 $1.3816 and below long SMA $1.2712.

Instrument Close SMA50 Long SMA RSI(14) Trend status
Bitcoin 75,775.28 81,993.03 73,197.26 38.1 neutral
Ether 2,236.28 2,499.02 2,156.44 39.6 neutral
Solana 90.06 108.16 88.98 31.1 neutral
XRP 1.1785 1.3816 1.2712 33.0 neutral

Trend status is a rules-based classification of moving averages and MACD on daily closes (as of Nov 7, 22:40 UTC); it is not a recommendation.

Sources and data

Market data as of Nov 8, 03:58 UTC; report generated Nov 8, 04:00 UTC. All times are UTC. Each table row shows its own timestamp and provider.

This report was produced by the MarketAlleys Research Desk using automated data processing and language tools from the sources listed above, and checked against our automated-content validation rules. It is for information only and is not investment advice.

Terms in this article

  • Price-to-earnings ratio (P/E)

    Share price divided by earnings per share.

    Full definitionLearn more in Index Insight

  • Relative Strength Index (RSI)

    A momentum oscillator, developed by J.

    Full definition

  • Moving average

    The average price over a rolling window, plotted to smooth out noise.

    Full definition

  • MACD

    A trend and momentum indicator calculated as the 12-period exponential moving average minus the 26-period EMA, plotted with a 9-period EMA of that difference as the signal line.

    Full definition

Sources & data

  1. Finnhub (market-data, retrieved Nov 8, 2026, 04:02 AM UTC)
  2. CoinGecko (market-data, retrieved Nov 8, 2026, 04:02 AM UTC)

Market data as of Nov 8, 2026, 03:58 AM UTC.

This report was produced by the MarketAlleys Research Desk using automated data processing and language tools, built only from the cited sources and validated by rules described in our methodology. Spot an error? Request a correction.

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MarketAlleys provides news and analysis for information only; it is not investment advice or a recommendation to buy or sell any security. Markets involve risk. Risk disclaimer.

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