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.
|=====>TON<=====|
We can start with TON. This is a a blue chip asset. With great performance from the beginning of the week, TON made everyone surprised. However, the movement was reversed soon enough. The biggest falls happened on 23 & 24 April. It is currently at 5.66$, starting from 6.18$ only a week ago. Ultimately, it's down 8.3% over a week.
|=====>CKB<=====|
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CKB, which was 0.0216$ per coin only a week ago, faced a 12.4% lose in value over the last seven days. Although losing value in the first day, it was very stable in the first few days. Unfortunately, after that, it started falling which continued till the end of the week. CKB is now hovering just above the support level of 0.0188$.
|=====>MKR<=====|
Lastly, we look at MKR. It was at 3205$ per coin only seven days ago. It was losing its strength from the very first day of the week. But, it got some value back in the middle of the week. After that, it started bleeding again. As a result, it is currently trading at 2897$ per coin, which is 10.1% lower than the week before.
No words from this article should be taken as financial advice.
Thank You.
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Yes bro as per market fluctuations most of the top coins price less these last weeks, anyway you have done great analysis with help of crypto coins like ORDI, CKB, and UNI. I really like your study methods. wish you great success bro.
Tried my best to analysis the coins that lost value. You are always welcome!
Warm Welcome bro.
Nice analysis of these coins, well it isn't a surprise to see them perform like this as not all coin must do well at the same time, thanks for sharing but honestly I believe we are in the bull market now.
https://twitter.com/Arsalaan00070/status/1783201544617537990?t=552XRM9jUw3GLJ0kZgfYaQ&s=19
Ton coin is coming down just as fast as it pumped!
Yes, correction is always a healthy move unless it causes to lose major support level.
This week has actually been fairly the rollercoaster in the marketplace. While BTC along with various other leading symbols appeared historic resistance, some symbols really did not fare so well. PACKAGING CKB as well as MKR saw decreases with PACKAGING down 8.3%, CKB dealing with a 12.4% loss together with MKR going down by 10.1% over the last 7 days. Watch on these activities, however bear in mind, none of this is monetary suggestions.