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Polkadot, Litecoin, MANA Price Analysis: 10 December
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Most altcoins tried to recover as the bears extended their trend and capitalized on the broader sentiment.
Altcoins like Polkadot and Litecoin formed a bearish flag while MANA recovered from a bearish pennant over the past day. The near-term technicals for these cryptos undeniably preferred the bears.
TradingView, DOT/USDT
DOT has rather aggressively declined after striking its ATH on 4 November. After a 17 day downfall in a descending channel, it saw a slight recovery attempt but gravitated toward the $24-mark on 3 December.
Due to the recent movements, DOT formed a bearish flag on its 4-hour chart. In the past six days, the alt nudged the 14-week support level (at the $26.1-mark) thrice. This indicated that the bulls did not fully dwindle
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