Solana (LEFT) and Terra (LUNA) are Price Targets!

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The fact that Bitcoin (BTC) has gained psychological support again has also pushed up the prices of Solana (SOL) and Terra (LUNA). Terra (LUNA), which found buyers at $45 at the time of writing, is preparing to close the day with a 7.5% rise. Solana (LEFT) and it has risen again to over $200. So what are the Solana (SOL) and Terra (LUNA) price targets, will the rise continue?

Solana (LEFT)

September August and early September, Solana showed a big increase, rising from about $ 22 to $ 215, which means a valuation of almost 1,000%. In the second half of September, the price declined, but the SMA50 continued to maintain the price by acting as a support.

The resulting triangle increased the probability of an increase as the trading december narrowed. There was this break last week and Solana (LEFT) it made its new peak in the region of close to $220. Earlier this week, as Bitcoin fell below $60,000 Solana (LEFT) its price was pulled up to the SMA20 region. Thanks to the strong support of buyers, the price continues its upward movement.

Solana (LEFT) for the 193 dollar level, the 193 dollar level is quite important and holding the price above the 200 dollar could make the targets of 220,235 and 250 dollars possible, respectively.

Terra (LUNA)

LUNA he also had a great bullish run in August. However, this movement has not yet been completed, the burning of 10% of the total supply allows the price to rise rapidly with increasing demand.

The SMA50 line Terra (LUNA) it will continue to push its price higher. As we can see from the chart above, the March high of $22 has turned into support for Terra LUNA, while the SMA50 is holding the price in retracements. The price jumped above the moving average again this week, so LUNA/USD will probably hit a new peak soon and eventually break the $50 level.

Disclaimer Of Liability: The information contained in this article absolutely does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and they should conduct their transactions in accordance with their own research.
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