While the overall market refrained from being elastic, altcoins like XRP, Solana, and Dogecoin flashed mixed trading signals. XRP technicals slightly preferred sellers with contradictory signs of increasing bullish vigor in the near term.
On the other hand, Solana and DOGE bulls seemed in a revival phase. But they could not find their ground as the directional trend remained weak.
TradingView, XRP/USDT
Since 26 October, XRP enjoyed an uptrend after fluctuating in an ascending parallel channel. Soon after, the price rallied close to 35% to touch its two-month high on 10 November. However, the bears did not collapse and displayed resistance at the upper channel. Accordingly, the price stepped back into the trend after witnessing a 10.5%
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