Technical Analysis: QNT, LUNA Lead Monday’s Crypto Rebound
Following a bearish start to the week, the crypto market rallied throughout the afternoon, with quant (QNT) and terra (LUNA) leading the gainers. Earlier losses in bitcoin and ethereum were also lessened, as the overall market was up 1.35% as of writing. Biggest gainers Cryptocurrency markets have been under considerable pressure from bears in the last week, however, this somewhat eased as some bulls returned on Monday. Terra (LUNA) was one of these, and was up over 7% as of writing, hitting a high of $53.61 in the process. Despite this, it was quant (QNT) that was today’s biggest....
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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....