- The LUNA price closed the previous day’s trade at INR 9100 with a market capitalization of INR 392 Crores with a circulating supply of 35,24,26,095.18 LUNA
- The popular DeFi token has smashed new ATH at INR 9240 in the early trading hours and aiming to hit INR 10,000 at the earliest
TERRA PRICE ANALYSIS: HOW HIGH WILL LUNA CRYPTO PRICE GO IN APRIL 2022?
Terra has been trading very strongly ever since the beginning of the March trade. After breaking out from the ascending triangle the price maintained a strong uptrend since the beginning of April. And hence the asset appears to be extremely bullish to range high and close weekly trade above INR 9503.74to INR 9805.45 levels. However, with an intensified bull rally, the LUNA price may also extend its target and test INR 11313.98. If the bear becomes active, still the price may remain strongly above INR 10182.58 by the end of April 2022
TERRA PRICE PREDICTION: WILL LUNA PRICE HIT INR 20,000 IN 2022?
While the bearish narrative is slowly getting invalidated, the asset could intensify its pace and achieve new highs very frequently. As the price smashed a 3-digit figure with ease and continues to discover fresh ATH, it may be considered as the asset may have ignited its bull run decoupling from the market trend. Therefore, a strong rally may be foreseen in the upcoming days.
LIUNA price with the same pace may close the monthly trade above INR 10559.71 and attempt to range beyond INR 12068.24 for the quarterly close. However, slicing through the bearish conditions, the price is expected to maintain a strong uptrend until the yearly close. And hence may achieve INR 13576.77 to INR 15085.30 levels by the end of 2022.
Read detailed price prediction of Terra Luna here
Investing in any crypto has become much easier with CoinDCX’s Crypto Investment Plan (CIP). Pretty much similar to SIPs, you can invest in crypto assets in fixed weekly instalments for a predetermined tenure. Therefore, start in Bitcoin & other cryptos with Crypto Investment Plan now!
Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. In case you have any queries, write to email@example.com.
The above information represent the independent views of Primestack Pte. Ltd, Neblio Technologies Pvt. Ltd, and/or their affiliate entities and are for informational & educational purposes only. The content, information or data provided above is not an offer, or solicitation of an offer, to invest in, or to buy or sell any interest or shares, virtual digital assets/ crypto products or securities, or to participate in any investment or trading strategy. Any statement or communication made above shall not be treated as a legal, financial, investment or tax advice by the reader. The calculations, data, risk-return formulations, performance or market capitalization indicators captured above are based on the independent data sourcing including collation of public information and/or analysis performed by analysts, advisors or employees of Primestack Pte. Ltd/ Neblio Technologies Pvt. Ltd and/or their affiliate companies and/or any third party. Past performance is not indicative of any future results. The reader(s) are hereby advised to consult their financial/ legal/ tax advisor(s) before making any investment.