|

How to trade Terra's LUNA 2.0 price before the next bullish setup

A brief technical and on-chain analysis on Terra price. Here, FXStreet's analysts evaluate where LUNA could be heading next. Please, subscribe to our YouTube channel, follow us on Twitter @FXScrypto and join our Telegram channel.

Author

FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

More from FXStreet Team
Share:

Editor's Picks

Cardano Price Forecast: ADA capped at $0.20 warns of over 15% downside

Cardano price is trading in the red on Wednesday, reversing after the recent 25% recovery was capped at $0.2000 the previous day. Speculative demand in ADA futures is easing, with Open Interest and funding rates declining. The technical outlook is mildly bearish, hinting at a pullback toward the 50-day Exponential Moving Average at $0.1761.

Crypto Overview: Bitcoin steadies above $64,000 – PUMP, ZEC sustain gains

Bitcoin price edges above $64,000 at press time on Wednesday, heading toward its 50-day Exponential Moving Average at $64,652. Meanwhile, Pump.fun and Zcash sustain gains after a rebound on Tuesday, with bulls eyeing further upside.

Aave founder revolts against proposal to cap Ethereum staking incentives at 50% of supply​

Ethereum community members have pushed back against a new proposal that seeks to change the network's staking issuance policy by gradually reducing staking rewards as the number of staked ETH approaches 50% of total supply.

Ethereum Price Forecast: ETH holds steady below $1,900 as retail distribution rises
Ethereum (ETH) continued trading flat on Tuesday following modestly increasing exchange net flows and continued distribution across retail wallets. Ethereum on-chain data shows mixed sentiment across several wallet cohorts.
Bitcoin: Bulls hold the line
Bitcoin (BTC) edges slightly lower, trading at $64,300 at the time of writing on Friday but holding firmly above a key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) support BTC as they continued to attract institutional flows through Thursday, pointing to the fourth consecutive week of net inflows.