- Terra coin price is currently observing a downside consolidation momentum and can soon revert to the uptrend. It has seen a gain of more than 4% in the past 24 hours
- LUNA price technical indicators hint towards a bounceback at price in the future. Meanwhile, LUNA/BTC pair has also observed a loss of more than 0.2%
Why To Invest In LUNA Coin?
LUNA coin price is currently seeing a downside momentum but can soon see a reversal towards upside in the future. Terra coin price has seen a gain of more than 4% in the past 24 hours and is trading near the value of $51. The ROI of Terra is more than 1235% which has profited investors for a very long time. The bull trend of the asset price can soon see a new beginning.
LUNA uses the price stability and large adoption of fiat currencies with the decentralization of Bitcoin (BTC) and offers fast and affordable payment solutions to its customers and investors. The development of the LUNA began a long time ago with its launch in mainent . The brain behind the platform is Daniel Shien who has worked in various things before coming to LUNA. LUNA/BTC pair is also observing an upside trend and can soon see a major breakout. One can invest in LUNA according to their needs and price capacity
Terra coin market dominance along with its CMC ranking is seeing a strong recovery and can soon reach a new high. The volume of the Terra has also observed a rise in the past and can soon see a new high. Meanwhile, the volume to market cap ratio of the asset suggests a strong upside trend in future
LUNA Crypto Price Bulls Are Ready For The Next Run
The weekly technical chart of the LUNA coin price hints towards a strong upside trend and can soon see a new high. On the daily chart, the asset is ready to see a major breakout to a new high. LUNA coin price upside trend may see a hostility near $60.The support region of the asset can be found near $40. The price of the coin is currently trailing above the 50 and 100 Daily Moving Average, but can soon see a breakout to a new high. LUNA/BTC pair can also see a new high in the future.
Conclusion
LUNA coin price is currently seeing a bearish trend but can soon see a new high. LUNA/BTC pair can also test the lower support in future
Technical Levels
Major Support:$40
Major Resistance:$60