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Shiba Inu, Litecoin, Loopring Price Analysis: 20 November
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The market entered into a dynamic zone, wherein the bulls attempted to counter the extended correction phase. Thus, altcoins like Shiba Inu and Litecoin saw green candlesticks over the past 24 hours. The outlook remained bearish while the near-term technical indicators pointed at its decreasing influence.
On the flip side, Loopring flashed bullish indications but fell into a downturned after striking its ATH on 10 November.
TradingView, SHIB/USD
The meme coin was on a steady pullback after it struck its ATH. Since late October, the price reversed in a descending triangle during the correction phase. As a result, SHIB lost over half of its value in the next 19 days and poked its three-week low on 16 November.
Over the past two days, the SHIB
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