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CoinGape
2022-01-29 01:10:35

Terra Price Analysis: Charts Signal Further Dip to $36.8; LUNA Price Loses 50% Retracement Mark

Terra Price Analysis: Charts Signal Further Dip to $36.8; LUNA Price Loses 50% Retracement Mark

The aggressive selling has tumbled LUNA price 45% in just two weeks. The LUNA/USD chart shows a bearish breakdown from two-month low support of $54, teasing to continue its correction. If the sellers maintain this momentum, the coin price will soon drop 30% to the $36.8 mark. Key technical points: The daily-RSI Slope approaches the The post Terra Price Analysis: Charts Signal Further Dip to $36.8; LUNA Price Loses 50% Retracement Mark appeared first on CoinGape.

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