With market leaders hitting record highs, the cryptocurrency market has seen a significant upward trend in valuations. Despite a major correction in the industry shortly after ATH, top altcoins continue to trade under strong bullish influence.
In addition, Terra Classic (LUNC) and Terra 2The 0 (Luna) tokens have all shown significant growth over the past week, increasing by 64. in their respective portfolios26% and 7027%。
Terra Classic (LUNC) Today** 15%!
terra lunc ** at 0$000106 to 0000142 USD and the coin gained momentum and recorded a valuation jump of around 416%。In encounter 0After the rejection of the 0001995 dollar, the LUNC token showed a neutral trend over the next three days.
As market volatility intensified, the Terra token** grew by about 40%, followed by 00002556 dollars were rejected. Since then, the token has seen more than 38% of the gains, erasing all the gains that *** brings. Since then, ** has been showing mixed emotions.
The technical indicator MACD shows significant volatility as the histograms are constantly fluctuating. In addition, the averages show a bullish convergence, indicating a positive trend for the token in the coming weeks.
If bulls continue to gain momentum, Terra Lunc** will be ready to test its upper resistance level of 0000255 USD. Conversely, a trend reversal may pull ** towards 0 in the future000161 lower level of $1.
Terra (Luna) recaptures the $1 mark!
luna ** in a short period of time at 0$6350 and 0Trading in a narrow range between $6934 indicates a weak move for the coin. As market volatility intensified, the bulls broke through the resistance level and traded sideways for a while.
After losing momentum, **experienced in the chart**. After several failed attempts, the longs were about 25% long, and thereafter traded in a closed range for a period of time.
Recently, the LUNA token skyrocketed by 9111%, followed by 328% of **. Since then, **has been at 1$0405 to 1Trading in a closed range between $2140 indicates a cooling of the trend.
The Moving Average Convergence Divergence (MACD) shows a constant green histogram, highlighting the increased oversold pressure in the cryptocurrency sector. In addition, the average is "significant", indicating that it will continue to appreciate in the coming period.
If the market pushes LUNA ** to 1Above the resistance level of $214, the bulls will regain momentum and test the resistance level above it at 1$55. The downside is that if the bears overwhelm the bulls, LUNA 20 will trade under the influence of the bears and test the low of $1.
Conclusion: As market volatility increases, Terra tokens have seen significant growth in their respective portfolios**. Both tokens have managed to break through their significant resistance levels, indicating an uptick in investor interest in these tokens.
However, given past market sentiment, these tokens are highly volatile and will show huge ** volatility in a short period of time.
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