LUNA channel suggests $90-$165 Jan 1
Terra / Tether KUCOIN:LUNAUSDT
These are parallel lines and is based on the past price action. Price could hit $165 by Jan 1. Note this is not a log chart. We all know LUNA can run to $1000 if UST demand grows exponentially. But it won’t be a straight line and we need to allow for demand falling too. Recall that LUNA supply is elastic, which is much different than Bitcoin . Bitcoin supply is capped. LUNA supply is not. Full disclosure LUNA is my biggest position, tied with Bitcoin
