Terra (LUNA) Drops 52% In a Single Day – Multi Coin Analysis

2022-5-11 15:30

Be[in]Crypto takes a look at the price movement for seven different cryptocurrencies, including Terra (LUNA), which fell considerably on May 9.

BTC

Bitcoin (BTC) had been trading inside an ascending parallel channel since Jan 21. On May 5, it finally broke down from it and greatly accelerated its rate of decrease.

So far, it reached a low of $29,730 on May 10. 

An interesting development is the fact that the volume on May 10 was the highest in nearly a year (red icons). 

Currently, BTC is trading just above the $30,500 horizontal support area, where it has possibly initiated a bounce.

BTC/USDT Chart By TradingView ETH

Ethereum (ETH) had been increasing alongside a short-term ascending support line (dashed) since Jan 21. On May 5, it finally broke down from it and reached a low of $2,200 on May 10. The low was just slightly above the yearly low of $2,170. 

The next closest support is created by a longer-term ascending support line, which has been in place since June. The line is currently at $2,050.

ETH/USDT Chart By TradingView XRP

XRP had been trading above the $0.58 support area since Jan 22. While it bounced above the area on April 30 (green icon), it has fallen below it since.

Currently, XRP is trading below the $0.52 horizontal area, which had previously not been tested since July 2021. If it fails to reclaim it, the rate of decrease could accelerate further.

XRP/USDT Chart By TradingView C98

Coin98 (C98) has been decreasing inside a descending wedge since Aug 25. The downward movement seems to have been contained inside a descending wedge. 

C98 was rejected by the resistance line several times, most recently on April 21 (red icon). If the downward movement continues, the support line of the wedge would be at $0.05. This would be very close to a new all-time low price.

C98/USDT Chart By TradingView LUNA

LUNA has been falling since reaching an all-time high price of $119.55 on April 5. The decrease has been swift, and it greatly accelerated on May 9, when the price decreased by 52% in a single day. 

It is possible that the decrease occurred as a result of the depegging of the stablecoin UST.

After the drop, LUNA bounced at the $25 horizontal support area. If the area fails to hold, the next support levels would be at $6.

LUNA/USDT Chart By TradingView RSR

Reserve Rights (RSR) has been falling at an accelerated rate since Nov. Initially, it bounced at the all-time low support area, but created a lower high and fell afterwards, breaking down from the area in the process.

On May 10, it reached a new all-time low price of $0.0059. The previous all-time low support area at $0.007 has now turned to resistance. Until it is reclaimed, the trend cannot be considered bullish.

RSR/USDT Chart By TradingView BNB

Binance Coin (BNB) had been increasing alongside an ascending support line since Jan 21. However, it failed to sustain the upward movement and broke down from the line on May 5. So far, it has reached a low of $289 on May 10.

The next closest support area is at $260, created by the May to July 2021 lows.

BNB/USDT Chart By TradingView

For Be[In]Crypto’s previous Bitcoin (BTC) analysis, click here

The post Terra (LUNA) Drops 52% In a Single Day – Multi Coin Analysis appeared first on BeInCrypto.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Terra KRW (KRT) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.000912 (-100%)

terra luna coin analysis multi drops day

Источник: beincrypto.com

terra luna → Результатов: 126


Валидаторы Terraform Labs: LUNA Classic не имеет будущего

Группа валидаторов LUNA рассказала, что генеральный директор Terraform Labs До Квон был наименее вовлечён в общение в чате, созданном перед запуском новой сети Terra 2. 0. Основываясь на журналах чата, валидаторы ThorchainMaximalist и PFC заявили, что в процессе преодоления кризиса Terra возникли серьёзные проблемы, из-за которых те потеряли большую часть своего капитала.

2022-6-14 13:05


Фото:

Запущена основная сеть проекта Terra 2.0

Глава Terraform Labs До Квон сообщил о запуске основной сети Terra 2.0, которая получила идентификатор Phoenix-1. По его словам, участникам аидропа LUNA уже начислили токены - чтобы посмотреть баланс, необходимо подключиться к системе Terra Station.

2022-5-30 10:41


Российские пользователи Binance могут быть исключены из эйрдропа Terra 2.0 LUNA

Криптовалютная биржа Binance сообщила о поддержке ребрендинга сети Terra в сеть Terra Classic и программы эйрдропа Terra 2.0 LUNA, однако российские пользователи биржи могут быть из него исключены.

2022-5-28 09:20


Terra Labs прекратила своё существование за пару дней до краха LUNA и UST

Криптовалюта Terra (Luna) по-прежнему приковывает внимание сообщество, поскольку её крах, лишивший её более 95% стоимости в течение нескольких недель, лишил многих инвесторов огромных вложений. По этой причине команда Terra, возглавляемая До Квоном, сталкивается с самыми разными проявлениями негативной реакции.

2022-5-22 13:37


Фото:

Terra (LUNA): главный фактор — неопределенность

Полного возрождения блокчейна Terra (LUNA) и стейблкоина UST ждут уже не все. Несмотря на то, что До Квон, основатель Terraform Lab, которая стоит за криптовалютой Terra (LUNA) и стейблкоином UST, испытывая большое сожаление за то, что происходит с этими цифровыми активами, разрабатывает планы по их возрождению.

2022-5-16 16:41


Фото:

Блокчейн Terra (LUNA) был вновь запущен, но не слишком ли поздно?

Криптовалюта Terra (LUNA) была фактически снята с листинга в криптобиржах Bybit, Binance и eToro. Блокчейн Terra (LUNA) вновь запущен, но его стабильная работа находится под вопросом. Напомним, что ситуация с Terra (LUNA) привела к тому, что криптовалюта сильно подешевела, а перед остановкой блокчейна упала до 0,01 доллара.

2022-5-13 13:34


Фото:

Terra Luna Price Hits New All-time High of $104, Why Is the Price Rising?

Terra Luna has been performing exceptionally well today, rising from a low of $84 and peaking at $104. Is this the beginning of a bull market for Terra? Let’s look at what Terra Luna is precisely and why the price is rising so much? What Is Terra Luna? The Terra protocol is a leading open-source, […] The post Terra Luna Price Hits New All-time High of $104, Why Is the Price Rising? appeared first on NullTX.

2022-3-10 21:57


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

SOL Price Breaks $150 – Why Solana Could Soon Test $180

Solana is gaining bullish momentum above $150. SOL price is showing positive signs, and it could even surpass the $162 resistance in the near term. SOL price started a fresh increase from the $138 support against the US Dollar.