As the recovery phase kicked in, the bulls triggered an upswing but could not match up the losses in the previous sell-off. While the broader bearish trend continued, the near-term technical indications of Cardano, Shiba Inu and VeChain hinted at a slim bullish revival.
Given the overall sentiment, the bulls could not gather enough volumes to signal a healthy trend in their favor.
TradingView, ADA/USDT
Over the past two days, ADA managed to form a double bottom on its 4-hour chart having the
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