- Terra coin price bullish move and can soon see a breakout above $50. In contrast ,it is trading with a gain of more than 33% in the intraday session
- Technical indicators of LUNA price suggests a strong upside momentum in price Meanwhile, LUNA/BTC pair has seen a gain of more than 32% in the intraday session
Why To Invest In LUNA Crypto?
LUNA crypto price is currently trading in an upside trend and can soon breach above $50.Terra coin price is near the value of $22.93 with a gain of 32% in the intraday session. The ROI of Terra is more than 1235% which has seen a jump in the last one month. The coin has jumped for more than 600% in the last one month. The bullish rally of Terra started from $6 and has jumped to $24. Terra uses the price stability and large adoption of fiat currencies with the decentralization of Bitcoin (BTC) and offers fast and affordable monetary payment system. Its development began near 2018 and its mainent came into existence in 2019. It was founded by Daniel and DO. LUNA/BTC pair can also see a major breakout in the future. One can invest in LUNA coin once it corrects a little.
Terra coin has a market dominance of more than 0.28% and is ranked 17th in the CMC. LUNA price has breached its all time high and can soon rise to more. Meanwhile, the volume to market cap ratio of the coin highlights a strong uptrend in price for the future.
Technical Indicators Of LUNA Crypto Price Suggests A Strong Upside Momentum
The weekly technical chart of the LUNA coin hints towards a strong upside momentum in price. On the daily chart the coin has formed a strong bullish engulfing pattern . LUNA coin price may face resistance while going upside near $35.. The support area for the asset price can be observed near $20. The price of the coin is currently trading above the 50 and 100 Daily Moving Average, with a positive crossover in the past. The 100MA line is near $10, making it a temporary bounceback region for the coin. LUNA/BTC pair can also see a new high in the future
LUNA crypto price is currently seeing a strong bullish momentum and can soon see the new high . LUNA/BTC pair can also accompany the new gains in the future.