- The 24 hours trading volume of the token is 1,053,532,208 and the low of 26.68% was seen. The live price of CARDANO is $1.33
- The token has shown the pattern of bearish engulfing.
- The RSI oscillator for LUNA shows the NEUTRAL action.
The TERRA has been running well above its 200 days moving average but below its 50 days moving average. The chart above shows the movement of the token with respect to SMA-20, SMA-50 and SMA-200. The token has marked the high of 8.72886 after crossing its 50 and 200 SMA. However the LUNA has sunk below SMA-50 and so the time to buy is fine. The trendline marked in the chart showed the movement of SMA-20 above SMA-50 and SMA-200 and so the returns were approximately 15-20% in this timeframe.
An RSI oscillator is also present in the chart which shows the proper time to buy or sell the token. RSI for the last 5 hours shows the value of 43.980 and marks the sell action. MA-5 and EMA-5 show the buy action whereas MA-10 and MA-20 show the sell action as well. However, the LUNA at present is all set to buy. Which is expected to show a hike in price in the coming time.
The bull/bear power has the value of -0.1940 and shows the sell action. The high/low marks the neutral action with the value of 0.00.
The TERRA-BTC pair is trailing at the level of 0.0002142 and the gain of 0.87% was seen whereas the TERRA-ETH pair is trailing at the level of 0.003518 and the gain by 0.42% was seen in the last 24 hours. The token has shown the percentage change by 1.47% since yesterday’s open.
The volume/market cap of the token is 0.06407 and its market dominance is 0.22%.
Conclusion: The days range for the coin is 6.4910-7.0970 and presently is at 6.76. The token is expected to show rise in the coming time and if you wish to purchase this token then long it as SMA-20 is below SMA-50 and in the short term you may expect a rise in returns. If you have already purchased the token then sell it if you have attained the decent returns.
(Note- The unit is USD)