Crypto Analyst Predicts LUNA Could Surge 80-100% After Breaking Key Trendline

2024-05-03 10:20 41

The post Crypto Analyst Predicts LUNA Could Surge 80-100% After Breaking Key Trendline appeared first on Coinpedia Fintech News

  • Captain Faibik predicts an 80-100% price surge for LUNA after a trendline breakthrough.
  • LUNA broke $0.48 resistance, but $0.45 support is crucial for short-term direction.
  • The coin’s current price: $0.469; potential bullish momentum expected.

Renowned crypto analyst Captain Faibik recently shared intriguing insights about Terra Luna (LUNA), predicting a potential bullish rally of 80-100% after a significant trendline breakthrough. Let’s take a closer look at Faibik’s analysis and explore the factors that could drive LUNA’s price higher.

Captain Faibik’s Bullish Outlook

Captain Faibik, though not a self-proclaimed fan of LUNA, has been inundated with chart requests for this digital asset. Faibik’s attention was drawn to the token when he observed a crucial development – the breaking of a major trendline. According to his analysis, this could trigger a substantial uptrend, potentially catapulting LUNA’s price by 80-100%.

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