LUNA in Rising Wedge Now - Ready to Buy the Dip?
$LUNA is a decentralized financial infrastructure and blockchain protocol that has it's own native token, stablecoin protocol, oracle system, and smart contracts capabilities! $LUNA, like $SOL, look like they could very well overtake #ETH in the near future. They are faster, more efficient, and more capable than good ol' $ETH1.0 (and potentially ETH2.0).
We can see that $LUNA recently broke out of a triangle formation and price has been rising in a expanding wedge. This formation is more likely to break down than to break out. Right now we can see support holding, but if support is lost here, I'd be looking for a move down to the next support zone.
We can see that $LUNA recently broke out of a triangle formation and price has been rising in a expanding wedge. This formation is more likely to break down than to break out. Right now we can see support holding, but if support is lost here, I'd be looking for a move down to the next support zone.
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