Been super bullish on LUNA and terra ecosystem in general.
Technically, this chart says it all, an inverse head and shoulders pattern forming on LUNA BTC chart, means LUNA could moon soon.
As a validation, it needs to close above prev high/resistance and then it enters price discovery.
Fundamentally, a bunch of protocols are launching soon, PRISM protocol being one launching in a few days time.
Also, with an unstable market, there has been more demand for UST (aka moving to stables to earn 20% interest)
Technically, this chart says it all, an inverse head and shoulders pattern forming on LUNA BTC chart, means LUNA could moon soon.
As a validation, it needs to close above prev high/resistance and then it enters price discovery.
Fundamentally, a bunch of protocols are launching soon, PRISM protocol being one launching in a few days time.
Also, with an unstable market, there has been more demand for UST (aka moving to stables to earn 20% interest)