Ethereum, Shiba Inu, AAVE Price Analysis: 1 December
The broader crypto market signaled a revival trend as it shifted into its inherent state of volatility. As a result, Ethereum and AAVE registered over 6% gains on their daily charts.
On the other hand, Shiba Inu defied the market inclination by witnessing an 8.5% 24-hour loss.
Ethereum (ETH)
Source: TradingView, ETH/USDT
After striking its ATH, the bears triggered an over 19% decline (from 10 November) to touch the alt’s one-month low on 26 November. As a result, the price withdrew by marking a symmetrical triangle (yellow) after an up-channel breakdown.
However, bulls have ensured support at the $3,976-mark since the past month. Thus, the price upturned in an ascending broadening wedge to touch its two-week high on 1 December.
At press time,
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