Cryptocurrencies Price Prediction: Serum, Hedera & Luna Classic — Asian Wrap 16 November
|Serum price nearly doubled post the emergency fork in the aftermath of FTX exchange hack
Solana-based decentralized exchange token, Serum (SRM), was forked by its community. A fork implies that developers copied the underlying software code and started afresh, protecting SRM holders from the November 11 attack on FTX exchange.
Hedera Hashgraph (HBAR) Price Prediction: The next move defines the trend
HBAR price has rallied impulsively, recovering 15% of market losses. An influx of volume accompanies the impulsive rally with larger transactions than the previous 33% decline. Invalidation of the bullish thesis is a breach of $0.043.
Luna Classic Price Prediction: One more out-of-nowhere LUNC spike
Terra's Luna Classic price (LUNC) could rise once more to solidify a 20% rally on the week. Following the weekend decline, the short-term technicals are pointing north. Key levels have been defined to gauge a potential move. Terra's Luna Classic price has risen by 20% since the weekend crash. During the downswing, the bulls established a higher low which catalyzed the move higher.
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