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.
|=====>ICP<=====|
ICP started with a continuous downward movement in the beginning of the week. Till the middle of the week, it fell near 2$. Recently it has stayed stagnant in the red and went downhill the last couple of days. The biggest falls happened on from 14th to 16th May. it is currently just above 2$, starting from 3.2$ only a week ago. As a result, it's down 22.27% over a week.
|====>SUI<=====|
SUI was 1.24$ per coin only a week ago, faced a 16.5% loss in value over the last seven days. SUI started the week with fluctuating bleeding movement. It too was stagnant for the second half of the week, but fell of a cliff in the middle of the week. BTC also went dowm so I suspect that could be a reason. It is just above 1$ now. It has not recovered from the from the fluctuations of the market. SUI is now hovering just above the support level of 1$ at 1.05$.
No words from this article should be taken as financial advice.
Thank You.
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