Big Drop in LUNC and LUNA After CEO Do Kwon Called in Red Notice: From which region will they get backlash?

The impact of the collapse of LUNA, one of the highest-valued cryptocurrencies in the world, on investors is still not over. In this article, we will examine the technical appearance of Terra (LUNA) and TerraClassic (LUNC) for you.

Recently, South Korean officials About Terra (LUNA) founder Do Kwon and his 5 friends InterpolHe applied to . and demanded that they be searched with a red notice. Then, according to a report shared by Bloomberg, Interpol evaluated South Korea’s offer and put it into effect. Cryptocurrency executives responsible for Terra’s collapse are officially He was reportedly wanted by Interpol with a red notice.

TerraClassic (LUNC) Technical Analysis

In the last 24 hour period close to 14% LUNC in decline, at the time of writing from $0.000198 is being traded. Cryptocurrency, which currently has intermediate supports and main supports, From $0.000164 levels response is expected. Cryptocurrency, which is quite news-based, makes it difficult to buy.

LUNC, which many investors think will offer very high returns, runs from late August to mid-September. approximately 500% rise performance.. However, with the negative news coming, crypto money experienced a decline.

Currently the strongest support $0.000887 on LUNC, which appears as 0.000131 dollars There may be an upward reaction from the levels.

Terra (LUNA) Technical Analysis

In the last 24 hour period 7.3% decrease living LUNA, at the time of writing from $2.28 is being traded. at the level of 2.2 dollars under the support 4 hour closing cryptocurrency, which 50 and 200 candle holder below its moving average is located.

Many analysts and commentators at the level of 1.5 dollars from the support upwards waiting for a response. Now acting as resistance 2.2 dollars If it regains its level, LUNA will It can target the $3.2 levels again.

$1.5 level in LUNA in case of a downside break new bottoms expected to occur.

  • The data contained in the content is strictly for informational purposes. It is not investment advice.

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