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.
|=====>MYX<=====|
https://coinmarketcap.com/currencies/myx-finance/
MYX started with downward movement in the very beginning of the week. But on the middle of the week, it got support and started fluctuating. This got halted after a while. It recently slowed down the movement, and started gaining its strength back. The biggest falls happened on 3 October. It is currently at 5$, starting from 15.45$ only a week ago. As a result, it's down 65% over a week.
|=====>XPL<=====|
https://coinmarketcap.com/currencies/plasma-xpl/
XPL was 0.972$ per coin only a week ago, faced a 23.3% lose in value over the last seven days. XPL started the week with nice strength. But sadly, it suddenly fell by big percentage in middle of the week. Getting a little bit of strength XPL is now hovering just above the support level of 0.75$.
No words from this article should be taken as financial advice.
Thank You.
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It is a great article of The Value Losers Of The Bull Market.
Good market sense, Arsalean! 📉 It was a good, clear, and very current post you made on The Value Losers of the Bull Market. It was an awesome idea to point out how not all tokens such as MYX and XPL are riding the same wave as BTC and other leading coins even during a bullish season.
I also appreciated you being specific in terms of figures and percentage declines and the fact that you also gave links to your source of information (credible sources) which made your analysis appear professional. The fact that this is not financial advice also demonstrates how you as a writer should be responsible to the crypto space.
All in all, your article was well structured and educative, which allowed your readers to learn about the necessity of following not only winners but market laggards. Congatulations! You have made a great contribution to the Tron Fan Club community!