Crypto-Follow logo Crypto-Follow logo
NewsBTC 2022-04-21 21:30:54

Terra Price Continues Moving North; How Soon Will It Cross $100?

Terra (LUNA) has made a considerable comeback given the slump that the coin underwent a little over a week ago. The broader market has also regained strength which has proved to be beneficial for the industry’s altcoins. Bitcoin and Ethereum have steadied above their immediate price floors. The prominent coins were eyeing the next price ceilings at the time of writing. Over the last 24 hours, the coin rose over 4% and in a week’s time, Terra brought home gains worth 13%. Among the top ten coins, Terra (LUNA) remains one of the highest gainers. The global cryptocurrency market cap today was at $2.04 trillion and there has been a gain of 1.3% over the past day. Terra (LUNA) Price Analysis: Four-Hour Chart                 Terra’s bulls have regained strength and the prices were bordering $100. At the time of writing, Terra was valued at $99.27. The immediate resistance mark for the coin once it crosses the $100 mark would stand at $106. The support level for the coin stood at $91.82 and failed to sustain over which the coin fill fall to $83.81. The price of the coin was seen moving upwards in an ascending channel. A price pullback could be on the charts given how the coin has secured a double-digit gain over the past week. The volume of Terra was seen closing in the green which signified that the coin witnessed bullishness. A small bar suggests that the coin hasn’t b...

#
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer