Posts

The crypto market continues in a zone of great danger.

avatar of @chucho27
25
0 views
·
2 min read

Greetings to all readers of this great platform, especially to all readers of the great community of #LeoFinance, in the present opportunity I want to talk a little more about the crypto market, which continues in a zone of great danger, failing to have a support of great strength and having a resistance very close to its current price, which represents a great danger that exists in terms of the crypto market and the possibilities of further decline.


Screenshot taken at: PixaBay



It has already been several days since the market dropped in a big way its market value, due to the parallel fall of many projects and token mochos at the same time, many of them losing up to 50% of their value, while other stronger ones barely lost 20% of their value or even less, being stronger project in the market and managing to withstand the price drops in a more stable way.

The BTC being the currency that governs the entire market, with the price drop at the present time lost the support it had over 30k, being a really compromising situation for the market, since losing that support they face a situation of instability in the market and with it, the great concern faced by investors and users of the cryptomarket.

The BTC by not being able to recover stabilize its price over 30k of its price in terms of market value have achieved that, the market has not stabilized a price and has a great possibility that its trend continues in a downward trend, since it has not managed to find a strong support below 30k that manage to support the market price in the coming days, if the market comes down with great force again.





All the images used by the Author @Chucho27 are Public Domain, in each one of them you can find the source of the image.

The image used in the banner at the bottom is by the author @chucho27, made using the Canva application.