Last week was a real test of nerves for every trader.
While Bitcoin and Ethereum were bleeding at 10% and 13%, there were coins soaring outside the herd and others that completely collapsed
Here are the details
The winners against the tide
*Currency $M star of the week despite the turbulence, it rebounded strongly by 23% and reached $1.9 before calming down a bit
Buyers are still watching it at the bottom
* MYX Finance currency
It was the stable rock in the storm and maintained its price above $6.5, achieving gains of 18%
* Currency $NIGHT : It returned from afar with a 17% rebound after a terrifying drop, but it is still trying to stabilize.
โ The losers
Binance BNB was the biggest shock, falling from $770 to $600 with a loss of 15%. The price is currently in an oversold zone, meaning the pressure is very high, but it is trying to hold on.
* Monero $XMR fell by 20% and reached $325. Confidence in privacy coins has started to waver a bit this week.
* Currency $ZEC is the biggest victim with a collapse of 30%, the price touched $200 and liquidity is exiting it quickly
๐ก The lesson learned from this week
The market is now smart and selective, it does not spare the weak and only lifts the currencies that people really trust. Do not chase green candles thoughtlessly, and remember that the bottom is built with patience.
If you liked this quick summary, don't forget to support us with a like ๐ and share the post.
And tell us which currency you think will lead the rebound next week?
