LUNA prices had one of the best performances in the year 2021. However, LUNA crashed drastically due to a fundamental flaw in how it sustained the UST stablecoin. The latter was dependent on the entire cryptocurrency market, which recently crashed heavily. Today, the Terra community received major news which aims at reviving the Terra project. Will Terra fork into Terra 2.0? What will...
Just a few weeks ago, traders were anticipating LUNA prices to break $100 again and continue soaring. In an unexpected turn of events, things got sour and LUNA collapsed to a current price of $1. This madness made LUNA investors lose 99% of their holdings. Additionally, UST price is still not properly pegged. There is a new proposal that aims to fix this...
The hype for the Terra crypto project is still pretty in the crypto community. LUNA prices soared by more than 550% in the past year alone. A few weeks earlier, prices managed to break the strong psychological price of $100. After the bullish breakout , the price was able to reach around $120 while making a new all-time high. However, an adjustment was...
In our last Luna price prediction, we touched on targets that would be realistic if Terra Luna breaks the $100 psychological resistance. We did predict that prices were about the correct, and it would make sense to wait for a price drop towards the $80 price mark. This is exactly what happened. But today, prices...
Stablecoins are perhaps the heart of the DeFi ecosystem; however, recent scams where the Tether Foundation failed to prove that all their minted tokens are pegged to an equivalent amount of dollars in the chest have raised serious concerns from a user and investor’s perspective. As a result, the SEC has turned hawkish against stablecoin minting....
In a previous Luna Price Prediction article, we tackled what the Terra blockchain is and analyzed the LUNA token. We also spoke about important price areas that can be reached. Today, LUNA prices reached exactly all the previously outlined areas. Our suggested trade setup is deep in the green and already made more than 34% return....
The cryptocurrency market managed to recover after a heavy crash that occurred earlier this week. Many altcoins managed to slightly recover and...
Many technical crypto traders assumed that the price of LUNA was up to a100% increase. The reason for that assumption was an inverted shoulder-head- shoulders formation that indicated a bullish trend reversal. As a result, the price failed to respect the head-and-shoulders formation and continued the sideways phase....
The global adoption of cryptocurrencies continues to be high, as the ecosystem has become the most sought-after space by investors. One of the reasons behind this surge is the uprising of various Blockchain projects. Since 2009, various Blockchain projects have continued to spring up, each providing bespoke services to the crypto community. However, with each Blockchain, there is always a native token that...
The LUNA price correction lagged compared to the entire crypto market. Despite reaching the first target, prices corrected heavily. However, targets are still set on the horizon. Can LUNA prices correct further lower? Or is the correction already over? Let's analyze in this article the Terra Luna price!...
The digital asset space is home to many projects, creating an avenue for users to access new opportunities. For instance, when investors buy into the new projects, which have had a successful run, they would likely record massive gains. One of the biggest coins making many gains is Terra (LUNA). While Luna has faced some controversies, it continues to be one of the...
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