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.
|=====>IOTA<=====|
We can start with IOTA. With a slow falling movement at the beginning of the week, IOTA started its journey. However, it started showing more weakness very soon, after which it started fluctuating. The biggest falls happened on 10 December. It is currently at 0.37$, starting from 0.55$ only a week ago. Ultimately, it's down 33% over a week.
|=====>TRX<=====|
TRX, which was 0.4$ per coin only a week ago, faced a 29.9% lose in value over the last seven days. TRX was a bit stable in the beginning of the week, even went up a bit. Unfortunately, in the last days of the week, it started falling which continued till the end of the week. TRX is now hovering just above the support level of 0.25$.
No words from this article should be taken as financial advice.
Thank You.
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https://x.com/Arsalaan00070/status/1866750558780244108?t=EpEzegbfaMix-VT5Q4D1xg&s=19
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I also saw many tokens falling by 25-35% but most of them, especially the ones in my portfolio, are seen building support and there is a possibility that the uptrend will resume from here.
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