Altcoins Talks - Cryptocurrency Forum

Learning & News => News related to Crypto => Topic started by: newshunter on January 30, 2022, 07:00:22 PM

Title: Terra (LUNA) at risk of 50% drop if bearish head-and-shoulders pattern plays out
Post by: newshunter on January 30, 2022, 07:00:22 PM
Terra (LUNA) at risk of 50% drop if bearish head-and-shoulders pattern plays out

LUNA price is at risk of further downside, but analysts point to a possible rebound as the altcoin tests a reliable, multi-month moving average as support.


Source: Terra (LUNA) at risk of 50% drop if bearish head-and-shoulders pattern plays out (https://cointelegraph.com/news/terra-luna-at-risk-of-50-drop-if-bearish-head-and-shoulders-pattern-plays-out)

Would appreciate your opinion about this