LUNA: Long-Term Projection (Wait for <$70 – <$60)
Luna / TetherUS BINANCE:LUNAUSDT
LUNA is a high-beta altcoin, and it should see very high volatility over the next few months. $80 is current support – I’m watching this level closely. There IS a bullish case for LUNA, as if demand increases for its stablecoin, UST , this could cause the LUNA token to gain value.
The bearish case is that low liquidity in global markets may outwiegh any demand for stablecoins. Time will tell.
