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TERRA-LUNA's Community Seems To Be Its Greatest Asset #defi

TERRA-LUNA's community seems to be its greatest asset right now - This suggests why it has performed in ways that not many other Cryptos have in recent time.

Luna Foundation Guard Report:

The Foundation is looking to use its remaining assets to compensate remaining users of UST, smallest holders first.

As of Saturday, May 7, 2022, the Luna Foundation Guard held a reserve consisting of the following assets:
· 80,394 BTC
· 39,914 BNB
· 26,281,671 USDT
· 23,555,590 USDC
· 1,973,554 AVAX
· 697,344 UST
· 1,691,261 LUNA

As of now, the Foundation’s remaining reserves consist of the following assets:
· 313 BTC
· 39,914 BNB
· 1,973,554 AVAX
· 1,847,079,725 UST
· 222,713,007 LUNA (of which 221,021,746 is currently staked with validators).

Analysis (Fibonacci Extension):
1. After breaking the resistances 61.8% & 65.00% (golden & yellow lines), LUNA reached a new high of $0.0006 from bottom.
2. It failed to flipped (61.8% & 65.00%) to support & on the downtrend since then.
3. The 50% & 38% supports also failed-
4. Currently attempting a retest of 38% fib level.
5. If it will go upward or downward depend on the outcome of the retest at 38% fib level.
6. Also pay close attention to the volume.
7. Technical Analysis should be followed cautiously for the time being since the crash was due to high level manipulation until the revival steps by Terra Luna Foundation prove successful.

Today is a new day it doesn't matter what happened yesterday - Success is possible if you try again.

Be fearful when others are greedy & greedy when others are fearful.

Do not forget the historical wise saying, "Never invest more than you can afford to lose."

Not a financial advise, I suggest using this only as a guide - Do your own research.

If you have any questions, kindly write in comments below - I will answer them.

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