Luna possible scenarios
Hi Traders
As you already know there are important news coming out today and tomorrow. Depending on the outcome of this, there are two scenarios I think are possible for Luna in case as markets go down. One is to bounce of that market area and the other is trading in that range with a bit more volume traded. Potentially Luna could stick there for a while if we do so. Fundamentally this would most likely mean, that interest rates will increase and institutions put more money back into more save assets (risk-off). This will of course affect most crypto projects too. I think Luna would be one that will do better and should do very well over a long time. Could be therefore a good chance to buy some more.
As you already know there are important news coming out today and tomorrow. Depending on the outcome of this, there are two scenarios I think are possible for Luna in case as markets go down. One is to bounce of that market area and the other is trading in that range with a bit more volume traded. Potentially Luna could stick there for a while if we do so. Fundamentally this would most likely mean, that interest rates will increase and institutions put more money back into more save assets (risk-off). This will of course affect most crypto projects too. I think Luna would be one that will do better and should do very well over a long time. Could be therefore a good chance to buy some more.
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