While the bulls tried to revive, bears did not fail to pose hurdles as prices struggled to achieve a breakthrough.
After an onerous November for the buyers, altcoins like Solana, Tezos and EOS continue to display a bearish outlook while hinting at a near-term increasing bullish force.
TradingView, SOL/USD
SOL rallied by over 85% from 12 October to 6 November, 2021. With this upturn, it struck its ATH on 6 November. Since then, the withdrawal phase kicked in as the bears visibly took over.
During the downfall, SOL lost over one-fourth of its value until it touched its three-week low on 18 November. After breaching the patterned uptrend, bears ensured to keep the current price below its 4-hour 50 SMA (white), 200 SMA (red). However, the price
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