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Ethereum, Chainlink, Chiliz Price Analysis: 11 November
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After positive performance by a majority of altcoins over the past week, Ethereum touched its ATH. Moreover, coins like Chainlink and Chiliz also projected bullish tendencies over the week.
Over the past day, however, the near-term technicals for the aforementioned alts insinuate decreasing bullish momentum.
Ethereum (ETH)
Source: TradingView, ETH/USDT
The largest altcoin oscillated in an uptrend between two parallel channels over the past 44 days. ETH performed well over the past month after maintaining an upswing and registering a 33.42% monthly ROI. Consequently, the altcoin touched its ATH on 10 November at $4,868-mark.
After which, the price action noticed a withdrawal on its 4-hour chart as bears countered the buying power. However, the
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