The Value Losers Of The Bull 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 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.
|=====>HYPE<=====|
HYPE started with fluctuating movement in the very beginning of the week. But in the middle of the week, it lost support and started falling. It recently increased the movement, and started losing its strength. The biggest falls happened on 6 December. It is currently at 28.75$, starting from 33.039$ only a week ago. As a result, it's down 13.1% over a week.
|====>QNT<=====|
QNT was 99.37$ per coin only a week ago, faced a 10.8% loss in value over the last seven days. QNT started the week with steady bleeding movement. But luckily, it found support in beginning of the week. Unfortunately, recently it again lost its strength. QNT is now hovering just above the support level of 85$.
No words from this article should be taken as financial advice.
Thank You.
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Thanks for such an important analysis! It is normal for some tokens to go through a bad time during the consolidation phase after BTC breakthroughs.