Today news
About the same in other media
LUNA: Can this technical setup pull off yet another 80% rally like last time
Reading now: 866
ambcrypto.comLUNA has been one of the cryptocurrencies that registered a strong recovery post the broader market slump. Moreover, it has had impressive developments thanks to the increasing popularity of its US dollar-pegged stablecoin – the UST. Given the rise, specific traders charted a technical setup that preceded an 80% price rally in the Terra (LUNA) market.
Interestingly, this bullish setup that appeared in August 2021 is live again.
An anonymous trader incorporated Moving Average Convergence Divergence (MACD) to analyze LUNA’s following possible movements. The weekly chart below showed an exciting crossover that could trigger LUNA’s growth above the $100 mark.
<p lang=«en» dir=«ltr» xml:lang=«en»>Something is up on $LUNA weekly timeframe. Last time the MACD crossover occured it sent $LUNA from $12 to $106. #luna #nfa pic.twitter.com/9TYyGmp88j— Argonauts
Read more on ambcrypto.comAbout this in other media
Crypto Bottom is In and ‘Massive Rally’ Awaits, Pantera Capital Predicts cryptonews.com /2 years ago
MicroStrategy Spends USD 191M on Bitcoin After Last Week’s Loan cryptonews.com /2 years ago
Price analysis 4/4: BTC, ETH, BNB, SOL, XRP, ADA, LUNA, AVAX, DOT, DOGE cointelegraph.com /2 years ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
