The Value Losers Of The Bull Market

in Tron Fan Club26 days ago


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.


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Source 1 Source 2


|=====>BCH<=====|

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BCH

BCH started with a continuous downward movement in the beginning of the week. Till the middle of the week, it fell below 300$. Then it stayed there for a while. Recently it has resumed movement in the red and went downhill the last couple of days. The biggest falls happened on from 29th May. it is currently just above 280$, starting from 345.5$ only a week ago. As a result, it's down 18% over a week.


|====>TAO<=====|

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TAO

TAO was 280$ per coin only a week ago, faced a 15% loss in value over the last seven days. TAO started the week with a rather stale movement. Then it gradually declined in the middle of the week. BTC also went dowm so I suspect that could be a reason. It is just above 230$ now. It has not recovered from the from the fluctuations of the market. TAO is now hovering just above the support level of 230$ at 237$.


No words from this article should be taken as financial advice.

Thank You.

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