{"id":202924,"date":"2021-11-26T18:30:34","date_gmt":"2021-11-26T13:00:34","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=202924"},"modified":"2021-11-26T18:22:09","modified_gmt":"2021-11-26T12:52:09","slug":"ethereum-shiba-inu-basic-attention-token-price-analysis-26-november","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/ethereum-shiba-inu-basic-attention-token-price-analysis-26-november\/","title":{"rendered":"Ethereum, Shiba Inu, Basic Attention Token Price Analysis: 26 November"},"content":{"rendered":"

As Bitcoin hit the $54,000-mark, the market slumped by marking over a 5% decline in the last 24 hours. Consequently, Ethereum and Shiba Inu correlated the bearish tendencies by marking a steady downfall in November.<\/span><\/p>\n

On the other hand, BAT continued its uptrend and saw a 21.8% gain over the past day.\u00a0<\/span><\/p>\n

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

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

Bitcoin retraced after striking its ATH on 10 November. Likewise, ETH <\/span>suspended its upswing rally from that day. The largest alt registered over 61% ROI (from 22 September) to touch its ATH on 10 November at $4,868.\u00a0<\/span><\/p>\n

Then, as the bulls slowed down, bears took over by triggering an over 18% decline (from 10 November). As a result, the price action withdrew by marking a <\/span>bearish pennant pattern<\/span><\/strong>\u00a0(yellow) and 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 $4,156-mark. At press time, the alt traded at $4,104.61 after a 6.4% 24-hour loss. The <\/span>RSI\u00a0<\/span><\/strong>was southbound and favored the bears at the 38-mark. Further, the\u00a0<\/span>DMI\u00a0<\/span><\/strong>showed a one-sided preference for the bears. However, the ADX displayed a weak directional trend.<\/span><\/p>\n

Shiba Inu (SHIB)<\/span><\/strong><\/p>\n

\"\"<\/a>
Source: TradingView, SHIB\/USD<\/figcaption><\/figure>\n

SHIB descended in a down channel throughout this month. The meme coin has lost more than half of its value since it struck its ATH on 28 October.\u00a0<\/span><\/p>\n

However, on 19 November, SHIB saw a nearly 13.76% jump to $0.00005236. But possibly with increased profit-taking, bulls failed to hold their ground as the coin saw a 25.56% decline in just seven days.\u00a0<\/span>Consequently, it touched its one-month low on 26 November.<\/span><\/p>\n

Despite this trajectory, SHIB army managed to grow to over a million holders as per Etherscan<\/a>.\u00a0<\/span>At press time, SHIB traded at $0.00003879. The price transacted below its 4-hour 20-50-200 <\/span>SMA<\/span><\/strong>, indicating the existence of bearish influence. <\/span><\/p>\n

The\u00a0<\/span>RSI\u00a0<\/span><\/strong>seemed to head south after preferring the bears. Also, the\u00a0<\/span>DMI<\/span><\/strong>\u00a0chose the sellers after depicting their increased vigor. Nevertheless, the ADX displayed a weak directional trend.<\/span><\/p>\n

Basic Attention Token (BAT)<\/span><\/strong><\/p>\n

\"\"<\/a>
Source: TradingView, BAT\/USDT<\/figcaption><\/figure>\n

BAT witnessed an aggressive growth over the past month by noting a 121.8% ROI (monthly). Since 28 October, the bulls triggered an uptrend as the price saw exponential gains. Consequently, it rallied to poke its 24-week high on 30 October at $1.4685.\u00a0<\/span><\/p>\n

However, since 31 October, the bears displayed their vigor as the price action withdrew in a descending triangle. This phase marked a 29.13% retracement.\u00a0<\/span> Nevertheless, the bulls did not lose their ground and further propelled the price action by over 75% in just two days. <\/span><\/p>\n

As a result, the altcoin touched its ATH on 26 November, backed with high trading volumes.\u00a0<\/span>At press time, BAT traded at $1.54. The <\/span>RSI\u00a0<\/span><\/strong>stood at the overbought region and showed slowing signs. Further, DMI an<\/span>d MACD readings <\/span>depicted a preference for the bulls but hinted at their decreasing strength.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

As Bitcoin hit the $54,000-mark, the market slumped by marking over a 5% decline in the last 24 hours. Consequently, Ethereum and Shiba Inu correlated the bearish tendencies by marking a steady downfall in November. On the other hand, BAT continued its uptrend and saw a 21.8% gain over the past day.\u00a0 Ethereum (ETH) BitcoinContinue reading “Ethereum, Shiba Inu, Basic Attention Token Price Analysis: 26 November”<\/span><\/a><\/p>\n","protected":false},"author":55,"featured_media":202929,"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-202924","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, Shiba Inu, Basic Attention Token Price Analysis: 26 November - AMBCrypto<\/title>\n<meta name=\"description\" content=\"As Bitcoin hits the $54,000-mark, the market slumps by marking over a 5% decline in the last 24 hours. 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