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Terra (LUNA) at risk of 50% drop if bearish head-and-shoulders pattern plays out

LUNA price is at risk of further downside, but analysts point to a possible rebound as the altcoin tests a reliable, multi-month moving average as support.

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Terra (LUNA) at risk of 50% drop if bearish head-and-shoulders pattern plays out

LUNA price is at risk of further downside, but analysts point to a possible rebound as the altcoin tests a reliable, multi-month moving average as support.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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