Technical Analysis: LUNA, AMP Jump Over 20% Higher on Friday
Crypto markets appeared to have temporarily shaken off recent volatility, with AMP once again leading the day’s bulls. Terra’s LUNA also surged, climbing by as much as 20% during Friday’s trading session. AMP AMP is currently trading over 24% higher in today’s session, climbing to its highest level since last Saturday. Friday’s rally in AMP came following a false breakout yesterday, at its floor of $0.0239, with prices now trading slightly above resistance. The ceiling for AMP/USD lies at the $0.2950 level, and this was marginally broken, as prices rose....
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AVAX, and LUNA were some of the biggest gainers in crypto markets on Wednesday, as the recent bearish sentiment has momentarily faded. As of writing, the global crypto market cap was 4.51% higher than at the same point yesterday. Terra (LUNA) AVAX is currently trading over 12% higher in today’s session, climbing to its highest level since Sunday in the process. Despite these double-digit gains, it was another cryptocurrency that took the title of being today’s biggest gainer. This was terra (LUNA), which is up by over 20% as of writing, and comes following a three-day winning....
Friday’s big gainer IOTX fell lower on Saturday, as a red wave continued to submerge crypto markets to start the weekend. Overall, cryptocurrencies were down around 5% as of writing. Biggest Gainers On a day where the majority of the crypto market was trending lower, finding a bull was no mean feat. However, there were two exceptions, one being EGLD, but the standout was AMP which rose by close to 10% during the session. AMP/USD, which was trading at a low of $0.03055 on Friday, climbed to an intraday high of $0.03723 earlier today. Today’s move came as the price of AMP....
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Terra (LUNA)
Following a bear run that lasted almost seven days, terra (LUNA) rallied on Wednesday to reclaim its position as the world’s sixth-largest cryptocurrency.
As of writing this, LUNA/USD is up by over 25% on the day, breaking past its resistance of $86.24 in the....
On Monday, terra (LUNA) rose for its 8th session in nine days, as its value increased by close to 60% over the last week. Anchor (ANC), on the other hand, was lower after climbing by almost 50% in the same period. Biggest Gainer Terra (LUNA) has been one of the standout performers in cryptocurrency markets in recent weeks, despite increased market volatility. Monday’s rally in LUNA/USD saw prices climb to their highest level in over six weeks, hitting the long-term resistance point of $84.70 in the process. This surge comes as the 14-day RSI also hit a hurdle, climbing to its....
Terra (Luna) was one of this week’s biggest crypto losers, falling by as much as 20% during Friday’s session. Declines in terra came as cosmos (ATOM) also had a double-digit decline.
Biggest gainers
Although crypto markets were mainly trading in the red, symbol (XYM) was one of the rare exceptions to climb higher today.
XYM rose to an intraday high of $0.1728 during Friday’s session, rising from an earlier low of $0.155.
This move started when the symbol surged from its support at $0.146, an area where it has been trading around for the....