LUNA price takes the crypto market by storm while smashing the record highs above $107.0. The price opened lower but quickly recovered all the way to make fresh yearly highs making bulls cheerful.
LUNA price outperforms the crypto space with more than 10% gains.
Next, bulls keep their eyes on $110.0 amid strong buying momentum.
The strong green candlesticks hint at more buying opportunities for investors.
LUNA price remains unstoppable
Source: Trading view
On the daily chart, the LUNA price smashed all the previous records and hits the season’s new high above $107.0. The price trades in an ascending channel from the lows of $49.0. It is a crucial level as combines multiple technical setups. First, there is a double-bottom formation near the mentioned level. Second, it holds around the crucial 200-EMA (Exponential Moving Average)
LUNA price peaked at fresh yearly highs twice in a single month. Earlier tested $104.73 on March 10.
A daily close above the session’s high level will in
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