After a roller coaster-like incline and fall, the crypto market flashed recovery signs. Consequently, Dogecoin, VeChain and EOS showed revival signs after the prices hit their multi-month support levels.
While VeChain and EOS registered daily gains and depicted bullish near-term technicals, Dogecoin displayed neutral signs.
Dogecoin (DOGE)
Source: TradingView, DOGE/USD
After an exceptional month-long rally to its 11-week milestone on 28 October, DOGE persistently slackened over the last month. The price action transposed into a down channel (yellow) post a descending triangle (white) breakout. It lost over 44% of its value (from 28 October) to poke its four-month low on 26 November.
DOGE bulls have found strong support at the $0.197- mark for
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