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Litecoin, Ethereum Classic, VeChain Price Analysis: 28 November
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As the bearish streak continually prevailed, bulls struggled to uphold the value perception of their cryptos. Consequently, altcoins like Litecoin, Ethereum Classic, and VeChain touched their monthly lows over the past two days.
The near-term technical indications reflected the bearish trajectory as they showed the existence of superior selling power.
TradingView, LTC/USDT
Pursuing the market trend, LTC rallied in up-channel (parallel, white) throughout October and early November. This rally propelled the price action to breach the up-channel and touch its 25-week high on 10 November.
Since then, LTC bulls have struggled to turn the tide in their favor. After losing over one-third of its value, the bulls triggered a 7.7% upturn on 21 November
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