As the market grapples between conflicting forces, overall recovery seemed to be quite unrushed. Accordingly, Dogecoin continued its bearish trajectory while flashing mixed near-term signs.
On the contrary, Binance Coin and IOTA defied market tendencies by constantly projecting a bullish influence. However, the overall directional trend for all these cryptos was weak.
Binance Coin (BNB)
Source: TradingView, BNB/USDT
BNB is one of the few coins that persistently found higher lows since the past two months. Even during the slump phase, the coin managed to rise in an up-channel.
After a monstrous 78.41% 39-day rally (from 24 September), the price rose to its six-month high on 7 November. However, the bears ensured resistance at the $648-mark. Then,
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