After a mere glimpse of recovery, the bears ensured to forbid a bull consolidation. The market, thus, wavered into its inherent state of buoyancy.
Altcoins like Ethereum, Ethereum Classic and Dogecoin touched their weekly lows on 18 November with a high sell-off. Contrarily, bulls failed to negate the selling pressure for a sustained timeframe.
TradingView, ETH/USDT
ETH steadily inclined between the up-channel until mid-November. It performed well by registering over 61% ROI from 22 September to 10 November. Consequently, it touched its ATH on 10 November at $4,868. Then, as the bulls showed slowing signs, the bears capitalized by triggering an over 18% downturn. As a result, the price action touched its three-week low on 18 November after
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