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Dogecoin, Solana, Tron Price Analysis: 17 December
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Despite a bullish recovery window, Dogecoin noted a substantial pullback after forming a descending triangle while Solana was down by 3.43% in the past 24 hours.
The near-term technicals for these cryptos visibly hinted at decreasing buying pressure. Tron, however, continued its month-long bearish drift.
Dogecoin (DOGE)
Source: TradingView, DOGE/USD
DOGE bears quickly reversed the 14 December jump as the meme coin reignited its bearish tendencies. After the Elon Musk claim, the alt skyrocketed to $0.2205 but saw a strong pullback from the 38.2% Fibonacci level. Thus, it noted a 22.14% decline over the past three days.
DOGE marked lower highs while maintaining the $0.17 support, exhibiting a bearish tilt (descending triangle, green). Any
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