Bitcoin Cash, VeChain, MANA Price Analysis: 11 November
In the last 24 hours, the crypto market witnessed a minor withdrawal after the bull run as prices approached the retracement phase. Thus, the price trajectories of Bitcoin Cash, VeChain, and Decentraland’s MANA saw a 24-hour decline.
Additionally, near-term technicals for all the aforestated altcoins visibly showed decreasing buying power.
Bitcoin Cash (BCH)
Source: TradingView, BCH/USDT
BCH performed well for over a month by steadily ascending within the parallel channel. The uphill ascent resulted in a nearly 26% 42-day ROI. As a consequence, the altcoin touched its nine-week high on 10 November. Since then, the bears countered the bull pressure while the price action obliged the trendlines.
Although BCH saw a 2.94% decline over the past day,
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