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...
