1
The LUNA coin price has retested the demand zone and looks bearish on the charts.
2
Bears are eyeing to breach the $0.6000 mark to stretch the down move.
The LUNA coin (Terra) depicts underperformance and looks bearish on the charts. Moreover, the trend is bearish, and the price action reflects a major selloff in the last few sessions. The Terra coin has reached the crucial demand zone of $0.6000, and bulls are trying to hold on to the gains. On the contrary, the bear army persisted in adding short positions and attempting to breach the zone to stretch the fall.
At press time, the Terra coin (LUNA) price traded at $0.6412 with an intraday gain of 7.27%, reflecting a negative outlook on the charts. It has a monthly return ratio of -33.20% and -54.78% on a yearly basis. The pair of LUNA/BTC is at 0.00000978 BTC, and the market cap is $79.93 Million. Analysts are bearish and suggest that the LUNA coin may continue to underperform and retest
We współpracy z: https://www.thecoinrepublic.com/2024/04/15/luna-coin-looks-bearish-can-it-continue-to-underperform-ahead/