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.
|=====>PUMP<=====|
PUMP 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 18 December. It is currently at 0.0017$, starting from 0.0023$ only a week ago. As a result, it's down 25.16% over a week.
|====>AAVE<=====|
AAVE was 188.09$ per coin only a week ago, faced a 18.87% loss in value over the last seven days. AAVE started the week with steady bleeding movement. But luckily, it found support in beginning of the week. Unfortunately, recently it again lost its strength. AAVE is now hovering just above the support level of 150$.
No words from this article should be taken as financial advice.
Thank You.
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arsalaan, this was a very candid and transparent depreciation of the losers of value. I appreciated your explanation of the sharp decline in PUMP and your explanation of AAVE losing its strength by major support levels. I got to know that in a bull market, not all coins work. arsalaan reminds me that discipline, patience and risk control are important than hype.