The market entered into a dynamic zone, wherein the bulls attempted to counter the extended correction phase. Thus, altcoins like Shiba Inu and Litecoin saw green candlesticks over the past 24 hours. The outlook remained bearish while the near-term technical indicators pointed at its decreasing influence.
On the flip side, Loopring flashed bullish indications but fell into a downturned after striking its ATH on 10 November.
Shiba Inu (SHIB)
The meme coin was on a…