The Value Losers Of The Bear Market | 10% To @tron-fan-club

arsalaan (75)in Tron Fan Club • 7 months ago

Good evening, I hope everyone is doing very well at the Tron fan club. Since the leading cryptocurrencies are not having the most enjoyable week in the market this time out, it's only obvious that many tokens have lost value in this timeframe. Today we look at 3 such tokens, who had a bad week in the office.

Source 1 Source 2

|=====>LDO<=====|

LDO

We will start with LDO. LDO was being traded at 3.8$ at the beginning of the week and briefly was rated at 4$. Since then it has come down recording lower highs. The chart shows activity near the 3.8$ region which was a support point. Eventually, it didn't hold up and LDO came crashing down. It once tried to stay at 3.5$ but to no avail. LDO currently trades at 3.16$ operating at a 16.5% loss.

|=====>STX<=====|

STX

Next up there is STX. Now if you remember correctly I also featured STX in last week's post. This means the token has been failing for consecutive weeks now. It was being traded at 1.76$ and in the first few hours, it is seen to go near 1.95$. Although that didn't happen. From the second 1.95$ attempt STX has been consistently falling in prices while showing no reversal. The only information from the charts is that the 1.55$ area is acting as a bedrock. The token is currently traded at 1.57$ while recording almost 10.8% in losses over the week.

|=====>BSV<=====|

BSV

Lastly, we move to BSV. This is also similar to the rest. A slight uptrend in the beginning and then all went downhill. BSV was being traded at 91.7$ and on the 12th and 13th of January, it was almost hitting 100$ in valuation. But the reversal was quick. BSV fell down to the 85$ area. It tried staying there for a couple of days, but prices kept going down along with other tokens. Currently, it is traded at 80.7$ accumulating a loss of 12%.

No words from this article should be taken as financial advice.