While $ETH is battling for its placement on the market, $DOGE playfully moves upward, even though it faces some resistance
immediately entered the consolidation channel and started losing volume, while delivering additional signals about the upcoming reversal rally. For example, the Relative Strength Index has been signaling an upcoming reversal for Ethereum, as it clearly shows a descending dynamic while the price moves sideways.
In a nutshell, Ethereum, Solana, Cardano and other alternative cryptocurrencies are unlikely to move without the market-wide reversal that will be led by Bitcoin, and since the week on the markets is already nearing the weekend, we are unlikely to see a spike in volatility before Monday.XMR entered the uptrend back on Nov. 11 and has been moving upward without even entering consolidation periods or corrections.
However, the asset is still successfully moving above the 21-day moving average, which is considered a guideline separating assets moving in an amplitude trend or consolidating in ascending trading channels.
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