{"id":202407,"date":"2021-11-24T20:00:45","date_gmt":"2021-11-24T14:30:45","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=202407"},"modified":"2021-11-24T17:18:46","modified_gmt":"2021-11-24T11:48:46","slug":"ethereum-dogecoin-vechain-price-analysis-24-november","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/ethereum-dogecoin-vechain-price-analysis-24-november\/","title":{"rendered":"Ethereum, Dogecoin, VeChain Price Analysis: 24 November"},"content":{"rendered":"

As the market still struggled to fight the downtrend, Dogecoin touched its seven-week low on 23 November.\u00a0<\/span><\/p>\n

On the other hand, ETH holders attempted a revival but couldn’t sustain the advantage. The near-term technicals for Ethereum and Dogecoin flashed mixed signals. Further, VeChain continued to exhibit a bearish inclination.<\/span><\/p>\n

Ethereum (ETH)<\/span><\/strong><\/p>\n

\"\"<\/a>
TradingView, ETH\/USDT<\/figcaption><\/figure>\n

ETH halted its rally after a constant upswing between the up-channel (parallel, white) since 22 September. The number one alt registered over 61% ROI to touch its ATH on 10 November at $4,868.\u00a0<\/span><\/p>\n

Then, as the bulls backed off, bears benefited by triggering an over 18% downturn. As a result, the price action withdrew by marking a <\/span>bearish pennant pattern<\/span><\/strong>\u00a0(yellow). Accordingly, the price action touched its three-week low on 18 November after breaching the northern trend.<\/span><\/p>\n

Although bulls tried to counter the sell-off, they were unable to maintain the $4,357-mark. <\/span>At press time, the alt traded at $4,272.27. The <\/span>RSI\u00a0<\/span><\/strong>was in an uptrend and slightly favored the bulls at the 52-mark. While\u00a0<\/span>DMI\u00a0<\/span><\/strong>was on the verge of a bearish crossover,\u00a0<\/span>MACD\u00a0<\/span><\/strong>and\u00a0<\/span>AO<\/span><\/strong>\u00a0depicted increasing bullish influence. However, the ADX displayed a weak directional trend.<\/span><\/p>\n

Dogecoin (DOGE)<\/span><\/strong><\/p>\n

\"\"<\/a>
TradingView, DOGE\/USD<\/figcaption><\/figure>\n

From 26 September until October-end, DOGE bulls demonstrated their dominance as the price upturned between the up-channel (yellow). During this phase, the dog-themed coin rallied by over 72% to touch its 11-week high on 28 October.\u00a0<\/span><\/p>\n

After which, the bears ensured a pullback along with a high volume sell-off. Thus, the price reversed in a descending triangle (white) after losing nearly 36.8% of its value from 28 October to 23 November. As a result, it touched its seven-week low on 23 November.<\/span><\/p>\n

Over the past day, DOGE bulls provoked a 5% upturn but could not breach $0.2320 (immediate resistance).\u00a0<\/span>At press time, DOGE traded at $0.2207 after noting an over 2% gain on its daily chart. <\/span><\/p>\n

The <\/span>RSI\u00a0<\/span><\/strong>effectively swayed below or near the midline since 10 November. This reading hinted at a powerful bearish influence. Also, the MACD<\/strong> was on the verge of a bearish crossover. On the contrary, <\/span>DMI\u00a0<\/span><\/strong>preferred the bulls.\u00a0<\/span><\/p>\n

VeChain (VET)<\/span><\/strong><\/p>\n

\"\"<\/a>
TradingView, VET\/USDT<\/figcaption><\/figure>\n

VET resonated with the market by enjoying a rally in October that extended to early November. After doubling in value and touching its six-month high on 9 November, VET saw a discouraging November.\u00a0<\/span><\/p>\n

The alt witnessed a strong pullout as the price noted a 34.7% decline. As prices fell in a down channel (yellow), VET poked its three-week low on 18 November. Over the past 15 days, the price consistently fell regardless of bullish revival attempts.<\/span><\/p>\n

At press time, VET traded at $0.12488. The <\/span>RSI<\/span><\/strong> was positioned in favor of sellers. Additionally, the <\/span>DMI\u00a0<\/span><\/strong>preferred the bears along with a solid directional trend. Lastly, the\u00a0<\/span>AO\u00a0<\/span><\/strong>confirmed the previous conclusions.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

As the market still struggled to fight the downtrend, Dogecoin touched its seven-week low on 23 November.\u00a0 On the other hand, ETH holders attempted a revival but couldn’t sustain the advantage. The near-term technicals for Ethereum and Dogecoin flashed mixed signals. Further, VeChain continued to exhibit a bearish inclination. Ethereum (ETH) ETH halted its rallyContinue reading “Ethereum, Dogecoin, VeChain Price Analysis: 24 November”<\/span><\/a><\/p>\n","protected":false},"author":55,"featured_media":202411,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,41,32,18,66,3,4,20],"tags":[],"class_list":["post-202407","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-analysis","category-ethereum-news","category-hide-cryptopanic","category-new-news","category-news","category-social","category-trading-view"],"acf":[],"yoast_head":"\nEthereum, Dogecoin, VeChain Price Analysis: 24 November - AMBCrypto<\/title>\n<meta name=\"description\" content=\"As the market still struggled to fight the downtrend, Dogecoin touched its seven-week low on 23 November.\u00a0On the other hand, ETH holders...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" href=\"http:\/\/ambcrypto.com\/ethereum-dogecoin-vechain-price-analysis-24-november\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ethereum, Dogecoin, VeChain Price Analysis: 24 November - 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