LUNA is DEAD. Why that happened? Here are what you should do. LUNA is DEAD. Here are what you should do and the TOP reasons for it.
The supply of Luna rose from 340 million to 6.5 trillion in just a few days.
Terra
lunausdt - UST more quickly.Yellen Cites UST Breakdown While Calling for Stablecoin Rules
Treasury Secretary Janet Yellen said the de-pegging of TerraUSD shows the urgency to have a regulatory framework on stablecoins, which aim to minimize the volatile price swings seen in most cryptocurrencies.
“A stablecoin known as TerraUSD experienced a run and had declined in value,” Yellen said during testimony before the Senate Banking, Housing and Urban Affairs Committee on Tuesday. “I think that simply illustrates that this is a rapidly growing product and that there are risks to financial stability and we need a framework that’s appropriate.”
Is Luna over? Hello everyone,
the current situation is something never seen before.
Every single level of support has been ignored by LUNA and the price went straight down to $1.
Everyone was expecting Luna to find level of support at a certain point however it seems like LUNA could easily go back to $0.--
Hopefully the situation is going to recover with time, stay strong.
Have a good trading week.
Will LUNA recover? Hello everyone,
LUNA is currently sitting in a awkward position, nobody was expecting to see LUNA this keep ever again however it happened and it had a tragic impact over the market as well.
I believe LUNA is going to recover and go back to $58 dollars in the next days.
Be patiance and don't let your feeling influence your decisions.
Have a good trading week.
LUNA do not buy now!Hello everyone.
LUNA is currently trying to make a higher high, the buying volume is increasing and green candles are appearing one after another.
However, I believe the altcoins are not going to succeed, which means that a lower high is going to appear soon.
Entry level for LUNA is going to be on major level of support around $97.
Have a nice trading week!
Luna Prepares for 94% RetracementThough this may be the most absurd idea I've made thus far, based on my recent review of Luna's all-time price action, it is my belief that this asset will make a tremendous 90%+ drop to the range of $2.70-$4.
Let's connect if you'd like to figure out how this target was discovered and/or how to better read price action, from a scientific approach.
Maximize profits, minimize loss; surf.
Terra Luna Coin Token Technical AnalysisLuna is hot right now. I want to cover some potential trade strategies, entry areas, and sell targets.
LUNAUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. The price has a resistance line R2 which has kept the price down. It has also created another resistance line R1 which has not let the price go up as well. There are two support lines S1 and S2. You can see that yesterday’s candle was closed with a long shadow at the S1 line. It can go up to the R1 line and if R1 is also broken, it will see higher prices. The market needs to be neutral so that it will break the R1 line. It is not a critical condition yet therefore there is the chance for the price to go up from here.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
LUNA Sitting on Support and Ready to Test Resistance Again SoonWe've seen LUNA sit in a massive consolidation pattern over the last 45 days that's been pretty consistent.
I'm going to look to buy around support and then sell at resistance until this trend breaks through resistance to test the ATH.
I've been wrong on this one in the past due to not zooming out and seeing the bigger macro picture.
Please do your own research and make your own decisions!
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DISCLAIMER: This is NOT financial advice. My content is meant for entertainment and general information purposes only. It's only my opinion and should not be taken as financial, legal or tax advice. I'm not a licensed financial planner or investment advisor. Cryptocurrencies carry a lot of risk and you could lose everything when buying and selling them. I will not be held responsible for any losses or gains as a result of my content. Please DO YOUR OWN RESEARCH before making investment decisions.
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Terra - $LUNA - Close to Being Sent! Grab Your Bags.Terra - LUNA - is sitting on the support trendline and about to make a run to test the ATH very soon!
Grab your bags of this one with a price target of $22.50 to take some profits.
My plan is to leave about 25% in there as a moon bag and then moving on to the next play.
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DISCLAIMER: This is NOT financial advice. My content is meant for entertainment and general information purposes only. It's only my opinion and should not be taken as financial, legal or tax advice. I'm not a licensed financial planner or investment advisor. Cryptocurrencies carry a lot of risk and you could lose everything when buying and selling them. I will not be held responsible for any losses or gains as a result of my content. Please DO YOUR OWN RESEARCH before making investment decisions.
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