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Terra Luna Price Prediction - 100% Surge Coming Soon?

 


In our last Terra Luna Price Prediction we wrote about whether the correction is over. We then came to the conclusion that since we had reached the parent GoldenPocket by , the price had completed the correction. Also, price has formed an inverted head and shoulders pattern on the 4-hour chart. This formation also served as a potential trend reversal. Now the Terra Luna price has risen quite a bit. But how far could the price rise? Can the price go up another 100%? We'll enlighten you!


As the Terra Luna price has reached the GoldenPocket and broken out of the inverted head and shoulders pattern, we expect a short-term uptrend for the foreseeable future. The future possible uptrend could last until the golden pocket of the down move . This is around $82. Since GoldenPockets mostly lead to a reversal, we would definitely lock in profits in this area by betting on a rise in Terra Luna price. Even if the GoldenPocket usually causes courses in the other direction again, it doesn't mean that we are 100% rejected there. It could happen that the Terra Luna price breaks this resistance and rally to $100 again.


As the current GoldenPocket, where Terra Luna price found support, is the major, we expect the major trend to remain bullish as well. Thus, the GoldenPocket could break around $82, which is why the price could rise to $100. However, since there is resistance there as the last time Terra Luna price bounced in that area and the top performed, resistance needs to be broken before we move above $100. We think it is likely that the price will break the GoldenPocket and touch $100 at least once. Whether the course will stay above $100 or not, we can't tell yet. As soon as we can read more from the chart, we will write a new article for you.

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