LUNA to Spike 80%? Here’s What Analysts Think
Terra’s LUNA has been trending to the downside in the past few days, but different indicators show interesting signs and the next price movements could be fundamental to confirm either an extremely bullish or a bearish signal. Related Reading | LUNA Sees 17% Loss In One Week, UST De-Peg Rumors Affect Its Price? What Is Boiling Up In LUNA’s Weekly Timeframe? When an anonymous trader used Moving Average Convergence Divergence (MACD) to analyze LUNA’s next possible movements, the weekly chart showed an interesting crossover. “Something is up on $LUNA weekly....
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This week’s negative trend has favored Terra (LUNA) and Quant (QNT). The cryptocurrency markets are still in the red in the last few days, as prices continue their downward trend. The good news is that some cryptos began to move in the right direction. Both Terra (LUNA) and Quant (QNT) were among the top gainers Tuesday, registering significant gains. LUNA is now up 14.87% and trading at $57.30, making it the major stock with the highest gains. Its price has fluctuated between $49.51 and $57.40 in the last 24 hours. The crypto is now ranked 9th among the most valuable....
On Saturday, May 28, 2022, LUNA classic and UST classic holders received an airdrop consisting of new LUNA 2.0 tokens based on two blockchain snapshots. The crypto asset’s first recorded value at 5 a.m. (ET), was $14.31 per unit and it hit an all-time high (ATH) roughly 20 minutes later at $18.87 per LUNA. LUNA has dropped more than 70% as it traded for $4.20 per unit at 11:00 a.m. on Saturday. LUNA 2.0 Launches The new LUNA token is now trading as the crypto asset was airdropped to LUNA classic (LUNC) and UST classic (USTC) holders. Presently, there’s a maximum supply of....
Bitcoin traders and analysts are sticking to their conviction that the cryptocurrency's price will hit at least $70,000 in the coming sessions.
Ethereum has underperformed Bitcoin as BTC has pushed past $33,000 today. ETH is up 8% in the past 24 hours while BTC has gained over 11%. Despite the relative underperformance, analysts soon think that Ethereum will catch up to the leading cryptocurrency. Analysts are targeting $800 in the short term as Ethereum moves past key […]
Binance suspended LUNA/BUSD and UST/BUSD on its spot trading platform following the halting of the Terra blockchain. Global cryptocurrency exchange Binance has suspended trading pairs with Terra ecosystem's cryptocurrencies, LUNA and TerraUSD (UST), on its platform following the major crash of the algorithmic stablecoin.Binance confirmed the move on May 13, with spot trading for LUNA/BUSD and UST/BUSD trading pairs being suspended. It's not clear when the withdrawals for LUNA and UST will continue, as the crypto exchange simply stated that it will wait for the issues with the Terra network....