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Dogecoin, Chainlink, Ethereum Classic Price Analysis: 7 December
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Over the past three days, bulls managed to recover nearly half of the value lost during the massive sell-off on 3 December. As a result, Dogecoin, Chainlink, and Ethereum Classic noted daily gains. However, they struggled to gather high trading volumes.
While Chainlink bid adieu to its long-term bullish trend, Dogecoin bolstered its long-term downswing.
Dogecoin (DOGE)
Source: TradingView, DOGE/USD
DOGE propelled its long-term bearish drift as the price action plunged to poke its 33-week low on 3 December. After hitting its 11-week milestone on 28 October, the alt marked a descending triangle that transposed into a down-channel on its 4-hour chart.
Bulls attempted an early December recovery but failed to hold their ground. After retesting it
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