Terra Luna Price Prediction: $LUNA Rises , Time to Buy?

Terra Luna Price Prediction: $LUNA Rises , Time to Buy?
Terra Luna Price Prediction 2022 – $2.70

Terra Luna Price Prediction 2023 – $3.63

Terra Luna Price Prediction 2025 – $6.55

The Current Market Outlook for Luna 2.0 is Neutral

Read on for Observations and Insights

Luna Price in USD

Luna Price is $2.04 which is 4.7% higher than 24 hours ago. The market cap is $265 M and the trading volume is $68 M.

  • Media reports suggest that Terra could launch a new DAO Infrastructure
  • With the recent pump, some analysts are arguing that Terra LUNA 2.0 could fall by as much as 50%
  • Some others are arguing that LUNA could rise by 20%

Terra Luna Price Prediction for 2022, 2023,2025

max price for the year
Terra Luna Price Prediction 2022$2.70
Terra Luna Price Prediction 2023$3.63
Terra Luna Price Prediction 2025$6.55

Terra Luna Price Prediction: Recent Performance

A massive jump in volumes pushed $LUNA 2.0 higher

Terra Luna Price Prediction: $LUNA Crashes 9%, Time to Sell?

Strangely, no such PUMP was visible on Google suggesting that this PUMP was driven by Whales

2022 08 09

That said, in the last 5 days $LUNA is up 0.5%

$LUNA$LUNC$BTC$ETH
Last 5 days+2.7%-1.3%+6.4%+11.5%

Read about Luna Classic Price Prediction here

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Terra Luna Price Prediction 2022

Since June 2022 Luna Price is up 13% and there are chances of Terra Luna rising higher this year. The Luna project was hurt hit after its stablecoin USTC lost its peg and crashed. The Terra Luna coin which was trading well over $70 fell below $1 and after this massive crash, the Terra Luna developers launched a new coin Luna 2.0, and converted the old Luna coin to Luna Classic.

After the terrible crash, the analysts are not very optimistic about the future of Terra Luna. The maximum Terra Luna Price Prediction 2022 is $1.28

10k Jackpot NewSizes EH 07 3

Terra Luna Price Prediction 2023

The prediction for 2023 more or less depends upon the momentum of cryptocurrencies in 2022. In the next five months, if the crypto market condition improves, there are chances of cryptocurrencies to have a better future in 2023. However, with the current momentum, the cryptos may not be able to gain much even in 2023.

Considering the current momentum, the maximum Terra Luna Price Prediction 2023 is $2.03.

Terra Luna Price Prediction 2025

Terra Luna may be able to double its price in 2025, however, the price of Luna is predicted to remain below $10 even in 2025. As per the analysts, the maximum Luna Price Prediction 2025 is $4.31.

Read about Wrapped luna Price Prediction $Wluna here

Is Terra Coin a Good Investment?

Luna underwent one of the most brutal crashes in the history of cryptocurrency. Due to the crash of Luna, the entire crypto market experienced a blood bath. The Terra Luna coin lost 100% of its value and was rebranded as Luna Classic and the new coin Luna 2.0 was launched as a replacement for Luna 1.0.

The Luna 2.0 has the potential as the coin was able to reach an all-time high price of $19.54 on May 28, 2022, but due to unstable market conditions, it crashed and started trading lower.

Now is it all right to Consider Luna a Good Investment?

Luna, one of the cryptos from the house of Terra can only be a good investment if the investors start to invest in it and hold it for a longer period. After the disaster, most of the investors lost confidence in Terra developers. The investors will look for a quick profit from Luna instead of holding the crypto for a longer period.

One of the main problems for Luna is that the ecosystem of Luna has not expanded. If we look at the ecosystem of other cryptocurrencies, there is a continuous effort to expand the ecosystem. Even Shiba Inu which was launched as a meme coin has ventured into multiple developments to increase the trust of the investors. However, for Luna, there has been no development in its ecosystem. Luna was solely dependent on its stable currency and it did help Luna’s Price to surge but with the USTC, Luna’s stable coin losing its peg value, the entire ecosystem of Luna collapsed. Luna is also somewhat responsible for the current condition of the crypto market.

Therefore, considering the several factors, Luna may not be a good long-term investment but if someone is looking for a short-term gain, Luna can be preferred.

Will Luna Coin Price go up? 4 Reasons why Terra Luna will go up

  • In 2016, Ethereum which had just forked from ETC, fell 50% in just 5 months. Eventually, ETH doubled in price within a year. So while a 50% fall of Terra Coin sounds scary, it has happened before with ETH and ETH is now a respected Blockchain
  • The Price of Luna 2.0 is just $3 making it easy to own and trade. Often, very expensive Cryptos make it difficult to own and trade. A large number of coins were held to make it easy to trade or invest.
  • Terra is still in its initial days of recovery, eventually, the crypto will enhance its capabilities and deliver value to customers and businesses

Will Luna Crypto Price go up? 3 Reasons why Terra Luna will not go up

  • The original reason for the failure of $LUNA was poor planning and execution, unlike ETC which was a security breach, something that every big company may have encountered at least once. This does not give investors the confidence that Terra Coin will be managed well going forward.
  • Negative news around Terra continues to be reported every day suggesting that everything is not on board with respect to the cryptocurrency
  • When Terra was originally launched in 2018, the competition was far lesser and that allowed Terra to be a major player in early 2022. It is unclear how Terra will compete in such a competitive landscape with such a small size and adoption rate. Ethereum for example had a free run for 1-2 years to course correct and gain share.

Overall recommendation: There are many options in the market today with less uncertainty. It does not make sense to have $LUNA beyond say 5% of your Crypto portfolio.

Luna Price Prediction: Today’s Outlook

Indicator
Overall OutlookNeutral
1. Market’s WisdomMarginally Positive
1a. Market DataHigher
1b. Technical RecommendationNeutral
2. Crowd’s Wisdom Marginally Negative
2a. Crowd’s BuzzSteady
2b. Social Media SentimentLower

What are the Factors Affecting the Price of Luna?

The price of Luna like all other cryptocurrencies is influenced by multiple factors. The geopolitical events have been one of the major factors influencing the price of cryptocurrencies. Any event from around the world, especially in the countries where cryptos are widely accepted has led crypto to either crash or surge. Currently, the Russia-Ukraine war is a major influencer and due to the war, the market has been trading lower for over 6 months now.

Other factors that play an important role in determining the price of cryptos are:

Crypto News

Crypto news from around the world has affected the price of Luna widely. Any good news about cryptos like its adoption, or increased interest of the investors has led to a surge in the price of Luna. At the same time any news regarding the ban of crypto in any country, and regulation against cryptocurrencies have led to a price crash. Added to it, Luna’s price is also affected by the action of its developers. Any negative move from its developers has increased the fear of crashes.

Non-crypto News

Non-crypto news has also played a very important role in the price movement of the price of cryptocurrencies. In early this year, Russia attacked Ukraine, this event turned out to be a Waterloo for Cryptocurrencies. The market started to crash since then and there has been almost no recovery. Along with it recently US Fed hiked the interest rate, this hike in interest rate led to the crash of the crypto market.

Read Ethereum Price Prediction here

Luna Coin Price: Latest Tweets

Terra LUNA leads the most trending cryptos as investors bet on higher prices

Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.

Terra Luna Price Prediction: $LUNA PUMPS 6%, Time to buy the Terra Coin?

Read: TRX Price Prediction

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