Crypto Token Tracker logo Crypto Token Tracker logo
Coin Edition 2024-01-22 16:27:00

LUNA Loses Classic Shine: -7% Plunge Follows Terraform’s Chapter 11 Filing

Terra (LUNA) faces a 7% price drop as Terraform Labs files for Chapter 11 bankruptcy, raising investor concerns. Despite the price decline, LUNA sees increased trading volume, hinting at potential rebound opportunities. Technical indicators like RSI and CMF suggest a possible price reversal for LUNAUSD, attracting bullish sentiment. The Terra (LUNA) price has plummeted by The post LUNA Loses Classic Shine: -7% Plunge Follows Terraform’s Chapter 11 Filing appeared first on Coin Edition .

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.