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.
|=====>MATIC<=====|
We can start with MATIC. With a falling movement at the beginning of the week, MATIC started its journey. However, it started showing strength very soon, after which it started fluctuating. The biggest falls happened on 4 & 5 September. It is currently at 0.379$, starting from 0.41$ only a week ago. Ultimately, it's down 7.8% over a week.
|=====>MKR<=====|
MKR, which was 1684$ per coin only a week ago, faced a 6.5% lose in value over the last seven days. MKR was stable in the beginning of the week. Unfortunately, after that, it started falling which continued till the end of the week. MKR is now hovering just above the support level of 1500$.
|=====>LTC<=====|
Lastly, we look at LTC. It was at 64.9$ per coin only seven days ago. It was also showing its strength from the very first day of the week. But, it lost its strength very soon. After falling very fast, it started became somewhat stable. As a result, it is currently trading at 60.8$ per coin, which is 6.3% lower than the week before.
No words from this article should be taken as financial advice.
Thank You.
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It is a great article of The Value Losers Of The Bear Market.
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