{"id":558109,"date":"2023-10-29T17:00:46","date_gmt":"2023-10-29T17:00:46","guid":{"rendered":"https:\/\/wncen.com\/?p=558109"},"modified":"2023-10-29T12:37:28","modified_gmt":"2023-10-29T12:37:28","slug":"analyst-predicts-terra-luna-to-surge-by-80-100-following-key-event","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/terra-luna\/analyst-predicts-terra-luna-to-surge-by-80-100-following-key-event\/","title":{"rendered":"Analyst Predicts Terra LUNA To Surge By 80-100% Following Key Event"},"content":{"rendered":"

LUNA, the native token of the Terra 2.0 blockchain,<\/a> was among the many gainers in the past week positively affected by Bitcoin\u2019s impressive rally toward the $35,000 mark.<\/span><\/p>\n

According to data from CoinMarketCap,<\/a> LUNA is up by 13.96% in the last seven days, providing some relief for investors who have had to endure the token\u2019s bearish form in the previous weeks leading to this price rise.\u00a0<\/span><\/p>\n

As expected, LUNA\u2019s current bullish form has now attracted much attention, with some analysts speculating there could be more gains in the coming weeks.\u00a0<\/span><\/p>\n

LUNA Could Double Its Value After Breaching Major Trendline, Analyst Says<\/strong><\/h2>\nIn a post on X<\/a> on Sunday, crypto analyst Captain Faibik shared with his 67,000 followers an intriguing bullish prediction on LUNA\u2019s price trajectory.<\/span><\/p>\n
Faibik, who claimed to not be a LUNA enthusiast, noted that the altcoin has recently broken a major <\/span>bearish trendline and could potentially gain by 80-100%.<\/span><\/p>\n
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I may not be a fan of this coin, but I receive frequent Chart Requests for it.$LUNA<\/a> has broken a Major trendline and could potentially see a bullish rally of 80-100%. \ud83d\udcc8 #Crypto<\/a> #LUNA<\/a> #LUNAUSDT<\/a> pic.twitter.com\/R9UEmxK2Bx<\/a><\/p>\n
— Captain Faibik (@CryptoFaibik) October 29, 2023<\/a><\/p><\/blockquote>\n