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 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.
|=====>ENA<=====|
We can start with ENA. With a slow falling movement at the beginning of the week, it started its journey. However, it started showing more weakness very soon, this weakness dominated the trend of it till the end of the week. The biggest falls happened on 27& 28 January. It is currently at 0.67$, starting from 0.85$ only a week ago. Ultimately, it's down 21.1% over a week.
|=====>RUNE<=====|
RUNE, which was 3.3$ per coin only a week ago, faced a 36% lose in value over the last seven days. RUNE started falling from the very first day of the week. Fortunately, in the last days of the week, it became stable and started fluctuating which continued till the end of the week. RUNE is now hovering just above the support level of 2.1$.
No words from this article should be taken as financial advice.
Thank You.
VOTE @bangla.witness as witness
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Well the bull run will soon commence as I can actually see that. It is just a matter of time and it will bounce back as I am so sure of that
I was not expecting this much price drop on RUNE because it is the coin which I have been changing since long and it looks promising but don't know what went wrong.
What can I say, the situation is the same for all coins, ALT coins are not waking up.
No technicals work in such market conditions. It is better to wait and let the support build up.