The cryptocurrency market returned abruptly in late July, with most currencies making huge gains. Despite dominant currencies such as bitcoin and etherum, which did not recover to their all-time highs, their performance pushed most altcoins towards an uptrend. LUNA has coins that make huge wins.

Terra LUNA is at $ 12.33 at the time of trading at the time of writing after a 5.7% rise in 24 hours.

Terra LUNA price analysis

Terra LUNA has managed to cross the $ 10 resistance. If buying pressure increases, LUNA could head toward the $ 14 overrun. However, resistance may face $ 15, and if market support is maintained, we can see that the mark will strengthen at this level. The LUNA / BTC pair has also achieved a positive pace for altcoin.

The downside to the token could also be a downward trend, where it could pull back towards the $ 9 and $ 8 levels. However, the coin is on a monthly rise, and a strong bearish ticket only comes into play when the coin weighs less than $ 6. Volatility is currently high; so if there is a downward trend, it can be steep.

On July 30, Terra LUNA was added to Changelly as one of more than 200 cryptocurrencies supported by the platform. Adding a coin to the cryptocurrency exchange is good news because it shows that the demand for cryptocurrency is growing.

The Terra network has showed great promise is the next killer of Ethereum, where it competes with other popular networks such as Ethereum and Solana. Terraform Labs is a three-year platform that is multiplying, which is good for the LUNA price.

Where to buy LUNA

To purchase an account, you must create a cryptocurrency exchange on the following platforms:

One of the LUNA places to buy is eToro. eToro is one of the most reliable and reputable cryptocurrency exchange platforms. eToro offers you a wide range of features, such as a copy shop and a demo account. Its trading fees are also very competitive.

Another platform from which you can buy LUNA is Huobi. Huobi is also one of the leading exchange platforms. It is also known for its high liquidity due to its large trading volumes. The Hobby program is also supported in various countries.

Do you want to buy or change the encryption now? Invest in eToro!

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