The Value Losers Of The Bull Market
Good evening, I hope everyone is doing very well at the Tron fan club. This has been a very interesting year 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.
|=====>ZEC<=====|
ZEC started with fluctuating movement in the beginning of the week. But in the middle of the week, it lost support of 300$ and started falling. It recently increased the movement in the red, and started losing its strength. The biggest falls happened on 1 Februrary. It is currently at 266.67$, starting from 390.86$ only a week ago. As a result, it's down 32.15% over a week.
|====>ETH<=====|
ETH was 2954$ per coin only a week ago, faced a 28% loss in value over the last seven days. ETH started the week with fluctuating bleeding movement. But sadly, it lost support of 3000$ in beginning of the week. Unfortunately, recently it again lost its strength and lost the support of 2200$ and was down under that. ETH is now hovering just under the suport level of 2200$ at 2148$.
No words from this article should be taken as financial advice.
Thank You.
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OR
ETH and ZEC both are good coins by the marketcap but both are on downtrend this time