2021-09-15 05:34:50

Terra price analysis: LUNA/USD to spike to $40

TL; DR Breakdown Terra price analysis chart indicates bearish price momentum.Bulls are expected to push LUNA/USD price upwards.The Bollinger bands expanded in the early trading sessions, suggesting that LUNA/USD has high volatility. Terra price analysis: General price overview Terra price analysis chart indicates bearish price momentum to follow later today as the market peaked around $38 earlier today and currently dropped back to $36 support. Therefore, we expect LUNA/USD to fall further and retest a lower price region. The September 7 long tail indicates aggressive bulls buying each LUNA dop – this could continue and bring in more bulls if the coin falls below $33. The Bollinger bands expanded in the early trading sessions, suggesting that LUNA/USD has high volatility.LUNA/USD was closing toward the upper Bollinger band, implying a possible bull run. Cryptocurrency heat map. Source: Coin360 The cryptocurrency market is bullish as the green bars outnumber the red bars on the heatmap. The largest digital asset is trading in a slightly bullish trend, recording more than three percent gain from yesterday’s price. Bitcoin seems to be eyeing the $50K mark. Ether is also trading in a positive trend, recording a 2 percent price surge, and it is currently trading a few dollars below $3.5K.Terra is also trading in the same bullish trend recording a two percent price surge. Terra price movement in the last 24 hours:  LUNA/USD h...

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