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LUNAUSDT

Binance introduces USDC/USDT pair to help Circle CollapseAfter Luna`s stablecoin collapse, UST: Now Binance, the biggest crypto exchange, recently introduced the USDC/USDT pair, and now it`s users are able to transform their USDC into Tether. And let`s be honest, who wouldn`t to that amid this market uncertainty?! On Saturday, the USD Coin (USDC) stablecoin experienced a drop in value below its dollar peg and reached a historical low. However, it later recuperated most of the losses after Circle, the company in charge of it, provided reassurance to investors that they would uphold the peg despite their connection to the struggling Silicon Valley Bank. Circle stated in a tweet on Friday that $3.3 billion of their $40 billion in USDC reserves are held in Silicon Valley Bank!! I think CZ listed this USDC/USDT pair on purpose, to generate a bank run out of its rival Circle, while they don`t have access to the full USDC liquidity. Watch out for those Top 5 investors in Circle as well: 1. Goldman Sachs: Goldman Sachs was one of the earliest investors in Circle, participating in a $50 million funding round for the company back in 2015. Since then, the investment bank has continued to support Circle, participating in subsequent funding rounds and helping to promote the adoption of Circle's products. 2. Digital Currency Group: Digital Currency Group is a venture capital firm focused on investing in companies in the cryptocurrency and blockchain space. The firm has invested in numerous companies in the industry, including Circle. Digital Currency Group participated in a $110 million funding round for Circle in 2018, and has continued to support the company since then. 3. Breyer Capital: Breyer Capital is a venture capital firm founded by Jim Breyer, a prominent investor in the technology industry. Breyer Capital has invested in a number of successful technology companies, including Facebook and Spotify. The firm participated in a $50 million funding round for Circle in 2015. 4. Accel: Accel is a global venture capital firm that has invested in numerous successful technology companies over the years, including Facebook, Dropbox, and Slack. Accel participated in a $60 million funding round for Circle in 2016. 5. Pantera Capital: Pantera Capital is a hedge fund focused on investing in cryptocurrencies and blockchain technology. The firm has invested in numerous companies in the industry, including Circle. Pantera Capital participated in a $50 million funding round for Circle in 2015, and has continued to support the company since then. Looking forward to read your opinion about it!
Short
by TopgOptions
LUNA can Become Bullish Pretty Easily!(Info+ targets)LUNA is in a Falling Wedge Pattern. This means The Bulls Have Higher Chance To Claim The Trend Than Bears! No Break out Has Happened yet and we shall wait for a Break out But It should Happen Pretty Soon Because there is also a Hidden Bullish Divergence On MACD as well! So The Bullish Chance for LUNA Is Pretty High and we Shall see a Bullish Movement Up to 2$ Pretty Quick! -LUNA is in a Falling wedge Pattern -No Break out -(+RD) on MACD & STOCH DIV -Resistance 2.5$ -Target for now:1.8$ ! _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Thank you for seeing idea . Have a nice day and Good luck _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 🌍Thank you for seeing idea . Have a nice day and Good luck
Long
by CobraVanguard
7
The Awakening of Terra and Terra Luna [HARCORE LONG]As the markets go into a phase of taking profits, the pressure of Luna's recovery is increasing. The money outflow will choose a path to follow and USTC is forming extremely bullish formations. I believe LUNAUSDT's recovery is sooner than most think. This recovery will also time it such that the crypto market's first bullish leg will continue after the flag exit. I think of it like this, many with high entries are going to hoard money in to decrease their averages. This is a perfect time for Luna virgins to enter.
ULong
by ugurcagriyilmaz
LUNCBUSD brief gain to the upside 📖🚀Hello 🐋 Based on the chart the price is in the parallel channel close to the major support area ✔️ and we expect to see gain and pump from here ✔️ besides the range market and many range candlesticks are acceptable scenario too 📖💡🚀 👌 Notice: pay attention to the price on shortcut chart (located above the main chart with black colour) 📖💡 Please, feel free to share your point of view, write it in the comments below, thanks 🐋
LLong
by MadWhale
1
LUNC to pump⛽ again? 2Please 1st of all click the boost 🚀 button if you want me to post more ideas and follow me to support my work! It's absolutely for free. Luna Classic seems to be ready to break up this triangle 📐 and IF successful I think there is chance for run to 0.00021078 and even higher. ENTRY : local high @ 0.00017974 STOPLOSS (SL) : local low @ 0.00017337 TARGET : height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 0.00021078 REWARD RISK RATIO (RRR) : 4.8 INVALIDATION : when SL level hit The setup reminds me of this👇 Check my other stuff in related ideas. Please boost🚀, comment🗣️, follow me✒️, enjoy📺! ⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Long
by bizmark
1
Returning to support levels can have a positive reactionLUNA has gained 12% in price in the last 24 hours. LUNA has recently retraced its uptrend on the daily timeframe, and in the latest bullish wave, buyers were able to push the price back above the $1.60 range. Its weekly candle closed with a 52% gain at $2.05, indicating buying pressure. The supports we can consider for it are in the range of $1.80 to $1.85 and the range of $1.60. The return of the price to these levels can have a positive reaction if it is not strong. Therefore, LUNA can achieve its short-term targets in the range of 2.3154 to 2.5036 dollars.
by MonoCoinSignal
9
Luna : Trading model XLuna is a coin that can be very risky, At the same time, the increases on this coin happen most times unexpectedly, like the last increase that did increase above 7 USD. This is update is just a model update depending on historical price action, and it shows only a view of price action where the before increase did start. If we follow this model, then it seems that the possibility is that Luna can return to new targets. Same time we are in a bear market where the most of coins are in a breakdown trend, so this is no guarantee that this coin or any market will move. Luna is also a coin that a trader should not hold but only trade with the right risk management. Interesting to see coming time if Luna is able to show some trends depending on this model. Don't expect too much from it at a low time frame, until there is unexpected volume entering . The trend of Luna until now is still breakdown.
Long
by Goldenbreakout
2