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Shiba Inu, Solana & Vechain – Asian Wrap Nov 16

Shiba Inu price continues to struggle with a return to the $ 0.0000650 value range. A return to $ 0.0000650 could set in a massive breakout and bear trap. However, a rejection would likely trigger a sell-off. The Shiba Inu price is before the final test and opportunity to buy to hit new all-time highs. Shiba Inu’s price is on a make-or-break level.

Solana’s price action saw an overwhelmingly bullish closing price on Saturday with a massive 6% rise. Sellers attempted to return Solana lower on Sunday but failed. The bulls were ultimately able to keep Solana above the Tenkan-Sen, which provided short-term support. A bullish entry is now in sight to confirm a move towards $ 300.

Vechain (VET) price is experiencing a bullish breakout from the pennant formation that began on November 9th. The uptrend was supported by the purple ascending trendline, causing price to move above the historic crucial $ 0.15 level. Expect the Vechain bulls to push for new all-time highs, but with the Relative Strength Index overbought, further upside should be dampened.

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