Tag Archives: LUNA Price Prediction

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Terra’s LUNA fell back into its bearish shackles after reversing from its trendline resistance. The crypto’s Social Dominance marked a declining trend while diverging with the price action.  Terra’s May 2022 meltdown pulled its price toContinue reading “How LUNA buyers can deploy this shorting strategy to hedge their risks”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Terra’s recovery efforts by the team and its community over the last month rekindled positive investor sentiment, especially during the start of this month. These improvements aided its native token LUNA to record an overContinue reading “How Terra [LUNA] buyers can leverage this strategy to optimize their returns “

The native token LUNA of Terra’s blockchain wiped out over $11 billion of investors’ wealth in the last 24 hours. The coin is down by 71.1% from its ATH at the time of writing. The fright around UST losing its dollar peg and Binance suspending UST and LUNA withdrawals have been key drivers behind LUNA’sContinue reading “Unraveling the after-effects of recent loss on LUNA’s technicals”

Terra (LUNA) was in a flimsy situation on its daily chart. Trading near its 20 EMA (red) 50-SMA (cyan), the altcoin wobbled below its Point of Control (POC, red). Now, bulls needed to save LUNA at its nine-month trendline support (white, dashed) to prevent the sellers from causing further drawdowns. At press time, the altContinue reading “Here’s what technicals indicate about LUNA’s decline phase”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice In the last two days alone, Bitcoin has dropped beneath the $40k mark to touch $38.8k before a sharp rebound to the $41.4k-area. This was a 6% move to the upside. At the sameContinue reading “Onward to $100 – LUNA’s march might be preceded by this zonal pullback”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice LUNA plunged from its all-time high at $119.55 on Binance, and it fell beneath the $84 area where the price saw a strong bullish impulse move in mid-March. However, the bulls would have some ropeContinue reading “LUNA establishes a temporary range but could it slide further down”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Terra has had a solid run on the charts in recent weeks. In early March, news emerged that $30 billion worth of LUNA was staked across various platforms, compared to Ether at $27 billion. ThisContinue reading “Assessing LUNA bulls’ leverage to push past this order block”

Disclaimer: The findings of this analysis are the sole opinions of the writer and should not be considered investment advice The past few hours have seen Bitcoin and many altcoins make strong gains, with LUNA being one of the strongest performers. Bitcoin’s move above $39k has sparked life into the bulls in the near term onceContinue reading “LUNA – To ATH or not to ATH; here’s what’s next for the in-demand alt”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice After picking itself up from the golden Fibonacci level, Terra (LUNA) grew in an up-channel while marking rampant gains. Going forward, any close below the trendline support (white) would brace LUNA for a 23.6% FibonacciContinue reading “What must happen before LUNA’s market bulls can take over”

Disclaimer: The findings of this analysis are the sole opinions of the writer and should not be considered investment advice LUNA has been on fire over the past couple of days as it rocketed from $48 to $57, at the time of writing, backed by steady demand. In fact, it has been one of the fewContinue reading “Up by 16% in 2 days, LUNA traders need to know this”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Terra looked to have turned a corner after it climbed back above the $54-support level that had been flipped to resistance in late January. The short-term outlook for LUNA leaned bullish, although it was retracingContinue reading “LUNA is heading towards its retracement levels, but is that all”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice In its previous rally, bulls pierced through multiple price ceilings and marked exponential gains as Terra (LUNA) attained its lifetime milestone on 27 December. Since then, the last five weeks have led LUNA into aContinue reading “LUNA needs to do this after losing its long-term trendline support”