1 LUNC = ¢0.025 Cent USD -- Will it soon go to sleep?

in luna •  2 years ago 

Screenshot_20220924-182816_TradingView.jpg
(Chart by TradingView)

The Luna Classic alligator had continued to sleep at less than ¢0.01 cents until about August 25-26. Since then, it rapidly went up seeking prey until it approaches ¢0.04 cents before returning to its current position.

Meanwhile, the Moving Average Convergence Divergence (MACD) oscillator has shifted into a bearish position. This indicates that the price of this asset is falling.

However, the Relative Strength Index (RSI) oscillator appears to have been in oversold territory for a long time. This means that the market price of this asset has been below its intrinsic price for a long time.

And now we see that the alligator has closed its mouth. Will it soon go to sleep?

Let's continue following this Luna Classic alligator's adventure.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE BLURT!
Sort Order:  
  ·  2 years ago  ·  


** Your post has been upvoted (50.46 %) **