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With over 1812% Decrease in Terra (LUNA) Price in 24 Hours- $21.52 could be reached Soon

LUNA bullish prediction is between $21.52 and $36.82. LUNA might reach $21.52 on its part to receovery. LUNA bearish prediction is $0.70. Terra native token LUNA is one of the top...
With over 1812% Decrease in Terra (LUNA) Price in 24 Hours- $21.52 could be reached Soon With over 1812% Decrease in Terra (LUNA) Price in 24 Hours- $21.52 could be reached Soon

  • LUNA bullish prediction is between $21.52 and $36.82.
  • LUNA might reach $21.52 on its part to receovery.
  • LUNA bearish prediction is $0.70.

Terra native token LUNA is one of the top cryptocurrencies that is experiencing a very high implosive since the present crypto winter. LUNA is presently trading at $1.71 and has a 24 hour decrease in price of over 1812%. This is because its 24-hour minimum and maximum price according to CoinMarketCap are $0.8384 and $32.71 respectively. The all-time high price of LUNA is $119.18 and it was attained on April 5th, 2022.

Some factors that are attributed to it are the implosion in its network stablecoin TerraUSD (UST) and the inability of traders to withdraw from Binance exchange which is the number one for LUNA token.

With this present trend in Terra price, we shall look into chart to see what the future holds for LUNA long-term investors.

LUNA/USDT 1Day Chart Showing the Key Levels (Source: Tradingview)

From the chart above, we can deduce the following:

  • The present price of LUNA is its price around January 2021.
  • Due to the reversal close to the $0.70 support level, the price of LUNA might surge to $21.52 at the resistance 1 level.
  • From recent history around April 2021, the price of LUNA has a high probability of having a breakout once it gets to resistance 1 level. This could push its price close to $36.82 at the resistance 2 levels before any reversal.
  • Conclusion

    Terra (LUNA) investors who had been affected by this market implosion, would recover soon if they are patient since a recent tweet from Terra founder, Do Kwon had placed the market on a part of recovery.

    Continue reading on CoinQuora

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    31-03-2024 10:19:50 (UTC+7)

    EUR/USD

    1.0793

    +0.0006 (+0.06%)

    Summary

    Sell

    Moving Avg:

    Buy (4)

    Sell (8)

    Indicators:

    Buy (1)

    Sell (5)

    EUR/USD

    1.0793

    +0.0006 (+0.06%)

    Summary

    Sell

    Moving Avg:

    Buy (4)

    Sell (8)

    Indicators:

    Buy (1)

    Sell (5)

    GBP/USD

    1.2624

    +0.0002 (+0.02%)

    Summary

    Sell

    Moving Avg:

    Buy (6)

    Sell (6)

    Indicators:

    Buy (1)

    Sell (6)

    USD/JPY

    151.38

    0.01 (0.00%)

    Summary

    ↑ Buy

    Moving Avg:

    Buy (12)

    Sell (0)

    Indicators:

    Buy (5)

    Sell (1)

    AUD/USD

    0.6522

    +0.0007 (+0.11%)

    Summary

    Sell

    Moving Avg:

    Buy (0)

    Sell (12)

    Indicators:

    Buy (3)

    Sell (3)

    USD/CAD

    1.3543

    +0.0006 (+0.04%)

    Summary

    Buy

    Moving Avg:

    Buy (8)

    Sell (4)

    Indicators:

    Buy (4)

    Sell (1)

    EUR/JPY

    163.37

    +0.12 (+0.07%)

    Summary

    ↑ Sell

    Moving Avg:

    Buy (3)

    Sell (9)

    Indicators:

    Buy (1)

    Sell (8)

    EUR/CHF

    0.9738

    +0.0010 (+0.10%)

    Summary

    ↑ Buy

    Moving Avg:

    Buy (12)

    Sell (0)

    Indicators:

    Buy (7)

    Sell (2)

    Gold Futures

    2,254.80

    42.10 (1.90%)

    Summary

    Buy

    Moving Avg:

    Buy (11)

    Sell (1)

    Indicators:

    Buy (5)

    Sell (0)

    Silver Futures

    25.100

    +0.002 (+0.01%)

    Summary

    ↑ Buy

    Moving Avg:

    Buy (12)

    Sell (0)

    Indicators:

    Buy (8)

    Sell (0)

    Copper Futures

    4.0115

    -0.0003 (-0.01%)

    Summary

    ↑ Buy

    Moving Avg:

    Buy (11)

    Sell (1)

    Indicators:

    Buy (7)

    Sell (0)

    Crude Oil WTI Futures

    83.11

    +1.76 (+2.16%)

    Summary

    ↑ Buy

    Moving Avg:

    Buy (12)

    Sell (0)

    Indicators:

    Buy (8)

    Sell (0)

    Brent Oil Futures

    86.99

    +0.04 (+0.05%)

    Summary

    Neutral

    Moving Avg:

    Buy (6)

    Sell (6)

    Indicators:

    Buy (2)

    Sell (3)

    Natural Gas Futures

    1.752

    +0.034 (+1.98%)

    Summary

    ↑ Sell

    Moving Avg:

    Buy (5)

    Sell (7)

    Indicators:

    Buy (0)

    Sell (6)

    US Coffee C Futures

    188.53

    -2.12 (-1.11%)

    Summary

    ↑ Sell

    Moving Avg:

    Buy (0)

    Sell (12)

    Indicators:

    Buy (0)

    Sell (9)

    Euro Stoxx 50

    5,082.85

    +1.11 (+0.02%)

    Summary

    ↑ Sell

    Moving Avg:

    Buy (0)

    Sell (12)

    Indicators:

    Buy (2)

    Sell (6)

    S&P 500

    5,254.35

    +5.86 (+0.11%)

    Summary

    ↑ Sell

    Moving Avg:

    Buy (1)

    Sell (11)

    Indicators:

    Buy (3)

    Sell (8)

    DAX

    18,504.51

    +27.42 (+0.15%)

    Summary

    ↑ Buy

    Moving Avg:

    Buy (12)

    Sell (0)

    Indicators:

    Buy (9)

    Sell (0)

    FTSE 100

    7,952.62

    +20.64 (+0.26%)

    Summary

    ↑ Sell

    Moving Avg:

    Buy (0)

    Sell (12)

    Indicators:

    Buy (0)

    Sell (10)

    Hang Seng

    16,541.42

    0.00 (0.00%)

    Summary

    Neutral

    Moving Avg:

    Buy (0)

    Sell (12)

    Indicators:

    Buy (3)

    Sell (1)

    US Small Cap 2000

    2,120.15

    +5.80 (+0.27%)

    Summary

    Neutral

    Moving Avg:

    Buy (0)

    Sell (12)

    Indicators:

    Buy (5)

    Sell (4)

    IBEX 35

    11,074.60

    -36.70 (-0.33%)

    Summary

    ↑ Sell

    Moving Avg:

    Buy (0)

    Sell (12)

    Indicators:

    Buy (2)

    Sell (5)

    BASF SE NA O.N.

    52.930

    -0.320 (-0.60%)

    Summary

    ↑ Buy

    Moving Avg:

    Buy (9)

    Sell (3)

    Indicators:

    Buy (6)

    Sell (1)

    Bayer AG NA

    28.43

    +0.01 (+0.04%)

    Summary

    Buy

    Moving Avg:

    Buy (6)

    Sell (6)

    Indicators:

    Buy (7)

    Sell (1)

    Allianz SE VNA O.N.

    277.80

    +0.35 (+0.13%)

    Summary

    ↑ Buy

    Moving Avg:

    Buy (12)

    Sell (0)

    Indicators:

    Buy (9)

    Sell (0)

    Adidas AG

    207.00

    +2.30 (+1.12%)

    Summary

    ↑ Buy

    Moving Avg:

    Buy (12)

    Sell (0)

    Indicators:

    Buy (6)

    Sell (0)

    Deutsche Lufthansa AG

    7.281

    +0.104 (+1.45%)

    Summary

    ↑ Sell

    Moving Avg:

    Buy (4)

    Sell (8)

    Indicators:

    Buy (0)

    Sell (6)

    Siemens AG Class N

    176.96

    +0.04 (+0.02%)

    Summary

    ↑ Buy

    Moving Avg:

    Buy (12)

    Sell (0)

    Indicators:

    Buy (10)

    Sell (0)

    Deutsche Bank AG

    14.582

    -0.030 (-0.21%)

    Summary

    ↑ Buy

    Moving Avg:

    Buy (12)

    Sell (0)

    Indicators:

    Buy (7)

    Sell (1)

     EUR/USD1.0793Sell
     GBP/USD1.2624Sell
     USD/JPY151.38↑ Buy
     AUD/USD0.6522Sell
     USD/CAD1.3543Buy
     EUR/JPY163.37↑ Sell
     EUR/CHF0.9738↑ Buy
     Gold2,254.80Buy
     Silver25.100↑ Buy
     Copper4.0115↑ Buy
     Crude Oil WTI83.11↑ Buy
     Brent Oil86.99Neutral
     Natural Gas1.752↑ Sell
     US Coffee C188.53↑ Sell
     Euro Stoxx 505,082.85↑ Sell
     S&P 5005,254.35↑ Sell
     DAX18,504.51↑ Buy
     FTSE 1007,952.62↑ Sell
     Hang Seng16,541.42Neutral
     Small Cap 20002,120.15Neutral
     IBEX 3511,074.60↑ Sell
     BASF52.930↑ Buy
     Bayer28.43Buy
     Allianz277.80↑ Buy
     Adidas207.00↑ Buy
     Lufthansa7.281↑ Sell
     Siemens AG176.96↑ Buy
     Deutsche Bank AG14.582↑ Buy
    Mua/Bán 1 chỉ SJC
    # So hôm qua # Chênh TG
    SJC Eximbank7,910/ 8,080
    (7,910/ 8,080) # 1,364
    SJC HCM7,830/ 8,080
    (0/ 0) # 1,364
    SJC Hanoi7,830/ 8,082
    (0/ 0) # 1,366
    SJC Danang7,830/ 8,082
    (0/ 0) # 1,366
    SJC Nhatrang7,830/ 8,082
    (0/ 0) # 1,366
    SJC Cantho7,830/ 8,082
    (0/ 0) # 1,366
    Cập nhật 31-03-2024 10:19:52
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    ↀ Giá vàng thế giới
    $2,232.75-1.61-0.07%
    Live 24 hour Gold Chart
    ʘ Giá bán lẻ xăng dầu
    Sản phẩmVùng 1Vùng 2
    RON 95-V24.69025.180
    RON 95-III24.28024.760
    E5 RON 92-II23.21023.670
    DO 0.05S21.01021.430
    DO 0,001S-V21.64022.070
    Dầu hỏa 2-K21.26021.680
    ↂ Giá dầu thô thế giới
    WTI$82.82+5.390.07%
    Brent$86.82+5.180.06%
    $ Tỷ giá Vietcombank
    Ngoại tệMua vàoBán ra
    USD24.600,0024.970,00
    EUR26.020,0327.447,78
    GBP30.490,4131.787,64
    JPY158,93168,22
    KRW15,9119,28
    Cập nhật lúc 10:12:31 31/03/2024
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