Terra price analysis is bullish for today.The intraday low acted as a support for the bulls.The Bollinger bands widened in the early trading hours, indicating LUNA/USD has higher volatility. Terra price analysis: General price overview Terra price analysis is bullish for today as a consolidation above the $34 support was seen overnight. Therefore, we expect LUNA/USD to move higher over the next 24 hours and regain some more of the loss seen earlier this week. The 20-day Moving Average is rising, suggesting that the price of LUNA/USD is on an uptrend, while 100-day MA has crossed over the 200-day MA, indicating that the market is bullish. Bears are not likely to curb the bull momentum as the bulls are aiming to enter into the weekend with a positive trend. The intraday low acted as a support for the bulls. This support seems strong, aiding the bulls to start an uptrend and forming head and shoulder patterns to highs of $30.33. The bears came in so potent, pushing the price downwards in a falling wedge. The Bollinger bands widened in the early trading hours, indicating LUNA/USD has higher volatility. LUNA/USD price was closing towards the upper band of the Bollinger, signaling a potential bull run. Cryptocurrency heat map. Source: Coin360 Generally, the cryptocurrency is trading in mixed reactions, as indicated by the cryptocurrency heatmap. The giant assets Bitcoin and Ether are part of the section that is trading in a b...
