Analyst Predicts Big Move for Ethereum Rival Terra (LUNA), Highlights ‘Very Bullish’ Metric for Bitcoin - BitcoinEthereumNews.com
Bitcoin Ethereumविश्लेषक ने एथेरियम प्रतिद्वंद्वी टेरा (LUNA) के लिए बड़े कदम की भविष्यवाणी की, बिटकॉइन के लिए बहुत तेज मीट्रिक पर प्रकाश डाला04 / 21 / 2022बिटकॉइन एथेरियम समाचार A popular crypto analyst says one Ethereum (ETH) rival is on track to hit a new all-time high after surging by 25% in 33 hours. In a new YouTube video, the host of the financial chanel InvestAnswers बताता है his 433,000 subscribers that Terra (LUNA) has excellent entry points in the fluctuating market while holding strong support at $76. The InvestAnswers host forecasts how high LUNA could rise amid the rising popularity of Terras stablecoin TerraUST (UST), which has become the third-largest stablecoin by market cap. “Luna is exactly at the 50-day moving average at around $93-$94 and we should go to $110- $120. [Terra also has] the third-largest stablecoin [UST] by market cap.” As for Bitcoin, the analyst says that the price of the leading crypto asset by market cap could go up based on the correlation between BTC and the US dollar index (DXY) in terms of price movement. After a big DXY rally, the Bitcoin price rallies. Also, the corollary is also true. After the DXY tanks, Bitcoin then tanks afterwards and on and