The Value Losers Of The Bear 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 week 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<=====|
We can start with ICP. With eye-catching performance from the beginning of the week, ICP made everyone gain hope. However, it showed weakness in the middle week, after which it started falling. The biggest falls happened on 07 & 08 May. It is currently at 12.36$, starting from 12.76$ only a week ago. Ultimately, it's down 3.1% over a week.
|=====>SUI<=====|
SUI, which was 1.1$ per coin only a week ago, faced a 3% lose in value over the last seven days. SUI was very stable for a first few days. Unfortunately, after that, it started falling which continued till the end of the week. SUI is now hovering just above the support level of 1.04$.
|=====>CORE<=====|
Lastly, we look at CORE. It was at 1.81$ per coin only seven days ago. It was also showing its strength from the very first day of the week. But, it lost its trend in the middle of the week. After that, it started bleeding. As a result, it is currently trading at 1.78$ per coin, which is 1.5% lower than the week before.
No words from this article should be taken as financial advice.
Thank You.
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Pendle coin is a new coin, but I think the new coins on Binance are performing very badly
Most of the time it can really be fustrating trying to make some profit during the bear run due to the downtrend movement
https://twitter.com/Arsalaan00070/status/1788217972378751192?t=zsUBLtYt6Ea2daDB3l_PRQ&s=19
I see pump and down of core coin, entry for short trade has huge profit opportunity, thanks for sharing with us