While the ADA, LINK, and TRX bulls were able to claw back to their long-term support levels, the onus fell on the market leader to change the broader sentiment.
Besides, Chainlink managed to cross the 38.2% Fibonacci resistance with a recent bullish push, but its near-term technicals (like Cardano) flashed a bearish bias.
Cardano (ADA)
Source: TradingView, ADA/USDT
The alt diligently backtracked after touching its one-month high on 9 November. Consequently, ADA saw a 42.7% 30-day and 23.9% weekly
Read more on ambcrypto.com