LUNA’s Price Rises 30% as Market Shows Renewed Interest
Terra (LUNA) has demonstrated strong momentum, with its price surging by an impressive 30.58% within just 24 hours. The cryptocurrency recently broke free from a descending channel, nearing resistance at $0.895. This significant upward movement is supported by favorable technical indicators and a notable increase in social media interest surrounding LUNA. As traders and investors flock to LUNA, the growing popularity indicates a bullish sentiment, suggesting a healthy recovery for the crypto asset. The dynamics surrounding this price surge highlight the ongoing developments in the broader crypto market and reflect the potency of investor enthusiasm and demand.
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