ðĨ LUNA Showing Early Signs Of Bullish Reversal
Ever since LUNA got released on the market in its current form (LUNA2), investors have been selling this asset on a daily basis.
For the first time since its inception, LUNA2 has printed a higher low and a corresponding higher high. In my view, all the previous holders of LUNA1 who wanted to leave the project have sold their tokens and have left the market. I think that there are simply very few sellers left at this point.
Wouldn't be surprised if LUNA bounced back to $5 in the coming days/weeks. Keep a close eye on LUNA. A daily close above $2.8 would be a confirmation of my thesis.
For the first time since its inception, LUNA2 has printed a higher low and a corresponding higher high. In my view, all the previous holders of LUNA1 who wanted to leave the project have sold their tokens and have left the market. I think that there are simply very few sellers left at this point.
Wouldn't be surprised if LUNA bounced back to $5 in the coming days/weeks. Keep a close eye on LUNA. A daily close above $2.8 would be a confirmation of my thesis.
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