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Ethereum, Chainlink, OMG Price Analysis: 13 November
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While the broader market refrained from being highly volatile, OMG lost over one-third of its value. Though its near-term technicals visibly preferred the sellers, it hinted at a possible revival.
Altcoins like Ethereum and Chainlink registered a daily loss while flashing mixed near-term signs.
Ethereum (ETH)
Source: TradingView, ETH/USDT
Ether escalated in an ascent between two parallel channels over the past six weeks. It performed strongly in the past month after maintaining its growth and noting a 65% 44-day ROI. Consequently, the largest altcoin touched its ATH on 10 November at $4,868-mark.
After which, the price action withdrew on its 4-hour chart as the bears tried to breach the lower channel. Accordingly, ETH saw a 4.5% decline in
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