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23.12 - 15:49
Dogecoin, Chainlink, EOS Price Analysis: 19 December
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While fear sentiment had deeply seeped in, it became tougher for the bulls to gather trend-altering volumes. As Dogecoin and EOS continued their bearish streak, Chainlink kept the near-term revival hopes alive for the bulls.
TradingView, DOGE/USD
DOGE retraced most of its previous gain by noting a 21.9% fall in the last five days. This pullout ensured the 23.6% Fibonacci resistance as the price struggled to leap the $0.175-level. Moreover, the 20-SMA (blue) stood just below the above mark and ensured an immediate testing point for bulls.
The fall below the 23.6% level pushed the OBV below its 12-week OBV support (previous). After a descending triangle (green) breakout, the bulls found immediate support at the $0.162-mark.
At press time, DOGE
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