Will Terra Luna Reach $0.00017?
Similar to the #TerraClassic price chart, the #LUNA✅ price trend shows a similar downtrend with a strong resistance trendline at play. Mimicking a similar rising channel breakdown, the Terra ($LUNA ) price drops by 40% in two weeks.
With the breakdown rally taking support at the $0.000070 mark with lower price rejections, the altcoin teases a comeback. Further, the overnight jump teases a bullish crossover in the MACD indicator while the #RSI line takes off from the oversold boundary.
If the reversal rally sustains momentum, the uptrend in the Terra token price can challenge the overhead #trendline at $0.00012. However, the resistances at $0.00010 and $0.00011 can result in some hiccups along the way.
