Price Predictions

Terra (LUNA) Price Prediction: Will LUNA Hit INR 15,000 This Week?

Luna Price Prediction

Key Takeaways:

  • 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.

Terra Price Analysis: BTC Price Table (Last 07 Days) 

Date All-Time High All-Time Low Market Capitalization
04 April 2022 INR 9100 INR 8675 INR 392 Cr
03 April 2022 INR 9299.99 INR 8750 INR 413 Cr
02 April 2022 INR 9100 INR 8175.22 INR 406 Cr
01 April 2022 INR 8311.40 INR 7750 INR 381 Cr
31 March 2022 INR 8400 INR 7517.76 INR 363 Cr
30 March 2022 INR 8599.99 INR 8090 INR 389 Cr
29 March 2022 INR 8450 INR 7600 INR 384 Cr

Terra Price Prediction: LUNA Price Trend Comparison with SOL (Last 30 Days)

Source: Tradingview

LUNA & SOL currently possess extreme bullish momentum after the markets became somewhat profitable. Terra prices maintained a considerable uptrend throughout March and since the beginning of April, SOL had manifested some strength which was outpowered by LUNA with the fresh spike. The LUNA price is currently 51.62% above the average levels while the SOL price is 45.61%. Currently, both the prices are dropping a little but may flip any moment to continue their trend towards the north.

Additional Read: LUNA Technical Analysis

Correlation of LUNA/INR and LUNA/BTC (Last 30 Days)

Source: Tradingview

The LUNA/USDT trading pair maintained significant strength since the beginning of March 2022. No doubt, LUNA/BTC showcased a notable strength but it remained for a very short time. The USDT pair decoupled from the BTC trend and flew pretty much higher away from the reach. Currently, the LUNA/USDT pair is 51.62% above the average levels while LUNA/BTC is 26.79% higher. 

Additional Read: Luna vs Avax

LUNA Price Prediction 2022: Latest LUNA coin News in  March-April 2022

Terra Total Value Locked Surpasses $31 billion

Terra’s TVL surged 17% within 7 days to reach the all-time high of $31 billion. Currently, Terra ranks the second-largest blockchain by TVL after Ethereum holding a share of 11.88%

Source: Defilama

Terra Foundation Becomes the 3rd Largest Bitcoin Treasuries

Terra foundation after the recent purchase of the UST stablecoin treasury owns more than 30,000 BTC and becomes the 3rd largest treasuries after MicroStrategy and Tesla.

Source: Twitter

Where & How to Buy Terra (LUNA) coin

Want to buy Terra (LUNA) Coin? Your search ends here!

CoinDCX is India’s most popular cryptocurrency exchange with a wide variety of crypto assets with multiple benefits and features. All you need to do is download CoinDCX App on your smartphone and enter the required details. As the verification is completed, fund your wallet and buy Terra(LUNA).

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 installments 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 .
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.


 

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