Technical Analysis: Terra Luna Drops 20%, While Symbol Token Climbs on Friday – Market Updates Bitcoin News

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Terra (Luna) was one of this week’s biggest crypto losers, falling by as much as 20% during Friday's session.

Terra was one of this week’s biggest crypto losers, falling by as much as 20% during Friday’s session. Declines in terra came as cosmos also had a double-digit decline.XYM rose to an intraday high of $0.1728 during Friday’s session, rising from an earlier low of $0.155.

This move started when the symbol surged from its support at $0.146, an area where it has been trading around for the majority of the week. As of writing, XYM was trading over 7% higher, with price action continuing to gain strength, after a recent breakout from a key RSI resistance point. The 14-day RSI indicator is currently tracking at 44, following its surge from the 35 level, which was a historical point of price uncertainty.Traders will likely now wait to see if symbol could reach resistance of $0.189.

 

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The unusually oversold pricing of TerraLuna will never to be seen after today ! Blessed to acquire mass amount now ! Happy Luna r New Year !!

Lucky me since I didn’t spend my USDT on it.

Blocto Blt $Blt Crypto Btc Maximum Supply:500.000.000 Supply in the Market:50.000.000 Web3.0 0.90$ Mexcglobal FTX

Terra-rized by FUD?

ETH BlueSparrow BlueSparrowtoken BlueSparrowCommunity BestDrawToken Bluesparrowcharity BlueSparrowETH web3 Bitcoin

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