The crypto market gave the perception of gathering buying momentum while the bears constantly retraced the milestones achieved by the cryptos over the week.
Bitcoin Cash continued to flash bearish signs in the near term. On the contrary, MANA broke out of a descending wedge to hit the $3.8-mark and displayed withdrawal signs.
Bitcoin Cash (BCH)
Source: TradingView, BCH/USDT
The virtual currency witnessed soaring gains over six weeks by firmly scaling within the parallel channels. The ascent resulted in a 35.63% 44-day ROI. As a result, the altcoin touched its nine-week high on 10 November. After which, the bears showed resistance at the upper channel. Consequently, the retreat resulted in a 9.49% retracement over the past three days.
The bulls
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