<\/a><\/p>\nHowever, LUNA is trading very much above the 50-day, 100-day and 200-day moving averages thus pointing towards the possibility of a pullback in the scenario that Bitcoin falls below its current range of $40k to $42k.<\/p>\n
Additionally, the daily MFI, RSI and MACD are hinting at an overbought scenario for LUNA\/USDT, hinting towards a potential double top around its recent all-time high value.<\/p>\n","protected":false},"excerpt":{"rendered":"
Quick take: Terra (LUNA) opened the day at $80.5 and went on to hit a local peak of $99.55 The rise in value is attributed to the staking of LUNA that has surpassed that of Ethereum and Solana Terra is now the second-largest DeFi ecosystem after Ethereum in terms of total value locked Terra (LUNA) could go on to equal or exceed its December 2021 all-time high of $103.33 The digital asset of Terra (LUNA) has had an eventful last […]<\/p>\n","protected":false},"author":22,"featured_media":565730,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[108120,108366],"tags":[373,7092,108113,108047,108364],"_links":{"self":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/568432"}],"collection":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/comments?post=568432"}],"version-history":[{"count":0,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/568432\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/media\/565730"}],"wp:attachment":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/media?parent=568432"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/categories?post=568432"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/tags?post=568432"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}