As the market still struggled to fight the downtrend, Dogecoin touched its seven-week low on 23 November.
On the other hand, ETH holders attempted a revival but couldn’t sustain the advantage. The near-term technicals for Ethereum and Dogecoin flashed mixed signals. Further, VeChain continued to exhibit a bearish inclination.
Ethereum (ETH)
TradingView, ETH/USDT
ETH halted its rally after a constant upswing between the up-channel (parallel, white) since 22 September. The number one alt registered over 61% ROI to touch its ATH on 10 November at $4,868.
Then, as the bulls backed off, bears benefited by triggering an over 18% downturn. As a result, the price action withdrew by marking a bearish pennant pattern (yellow). Accordingly, the price
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