The Value Losers Of The Bear Market | 10% To @tron-fan-club
Good evening, I hope everyone is doing very well at the Tron fan club. This has been a very interesting week in the market. BTC and the other leading tokens have been broken through historically important resistance in the last months. After that, most of the tokens are consolidating. So, some tokens have had a very bad week. They have lost ground and are declining. Today we will see some of these unfortunate events over the last 7 days.
|=====>AAVE<=====|
We can start with AAVE. With a stable movement at the beginning of the week, AAVE started its journey. However, it started showing weakness very soon, after which it started falling. The biggest falls happened on 09 & 10 August. It is currently at 94.8$, starting from 104.1$ only a week ago. Ultimately, it's down 8.3% over a week.
|=====>OM<=====|
OM, which was 1.02$ per coin only a week ago, faced a 9% lose in value over the last seven days. OM was stable in the beginning of the week. Unfortunately, after that, it started falling which continued till the end of the week. OM is now hovering just above the support level of 0.93$.
|=====>LDO<=====|
Lastly, we look at LDO. It was at 1.16$ per coin only seven days ago. It was also showing its strength from the very first day of the week. But, it lost its strength very soon. After falling very fast, it started became somewhat stable. As a result, it is currently trading at 1.05$ per coin, which is 9.2% lower than the week before.
No words from this article should be taken as financial advice.
Thank You.
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Thanks for sharing this technical insight for these projects and I have seen most of them being good in the market but nowadays understand that it is not doing well.