Polkadot, Shiba Inu, VeChain Price Analysis: 09 January

Just as the bulls initiated to alter the market-wide sentiment, the 5 January sell-off bolstered the bearish outlook. As a result, Polkadot fell below its 20-50-200 SMA and poked its four-month low while Shiba Inu lost the vital 61.8% Fibonacci support.