Here we have a comparison of ETH's chart in january of 2021 to LUNA's current structure that we see. The two structures look very similar to me, so this idea shows what LUNA could do if it continues the path that ETHUSD did when entering into price discovery.
LUNA as you can see is also on the cusp of a breakout, so I'll be monitoring whether the move is similar to that of eth's initial breakout in the beginning of 2021.
As always, this content is not intended to be financial advice.
Please consider liking this post and following us if you gained value from this post, as we will continue to provide our analysis on the hottest altcoins, as well as bitcoin's price movements. Cheers!
LUNA as you can see is also on the cusp of a breakout, so I'll be monitoring whether the move is similar to that of eth's initial breakout in the beginning of 2021.
As always, this content is not intended to be financial advice.
Please consider liking this post and following us if you gained value from this post, as we will continue to provide our analysis on the hottest altcoins, as well as bitcoin's price movements. Cheers!