Terra Luna Crypto Price Prediction 2022 to 2030

 

Today we are going to discuss terra Luna. It’s one of the strongest altcoins at this point it's a layer one protocol therefore we will discuss about the price prediction of terra Luna.

We all know that UST a stable coin which is packed to the dollar and is by far one of the most popular assets within the terra luna ecosystem, what is it? it's an algorithmic stable coin that uses the combination of minting and burning luna and usd based on the demands for UST an unchanged swap mechanism is also used that acts as a market maker. This way the price of UST is expected to remain one dollar through arbitrage and change in supply and high demand for the stable coin means that more luna will be burned resulting in a deflationary supply resulting in a higher number for terra luna in which that's also a reason why it's actually showing strength heavily as the growth of the UST stable coin has been going insane in the past period. So the apps in the terra luna ecosystem are all evolved around UST we only recently have started to see more apps being released after the Columbus five minute upgrade through which UST is increasingly used as one of the native terra luna depths but also outside of the lunar ecosystem and then when we're talking about expansion as UST can easily be used for breaching to other cosmos ecosystem blockchains.

 

UST is increasingly available on different platforms as well including Ethereum and

Solana with more plans for future expansions and right now the stable coin UST has a market cap of nine billion smaller only than the centralized stable coins which are USDT, USDC and BUSD but it's only here for a few months and has been accelerated quite fast. So luna is a very promising layer one protocol which has been gathering or getting more attention recently in which the expansion of the ecosystem has also been getting more attention.

 

 So let's head towards the actual price action of terra luna to make a price prediction of that, we have covered luna in terms of what it actually is. Now we're going to

look at the actual price action which can be seen that luna is one of the strongest assets at this point in the crypto currency markets. Not only luna but also Avax has been doing really great, Matic has been doing great so all those projects that are comparable to layer one are doing great and are showing strength. While, Bitcoin is showing weakness overall so when we're looking at the price action we can say okay terra luna is already accelerating quite fast where it is in the current cycle. Well most likely we are somewhere in the stage of the previous run so such a consolidative period should be very comparable to the price action that we're currently going to make or what we are seeing at this point in which the price has been continuously pushing upwards even more in which we are creating higher lows higher highs. So the crucial areas that we have are currently still holding at every point in time. We can see that we are making some beautiful retests based on that conclusion and based on the fact that we're currently making those higher lows higher highs we could say that the crucial area that we wanted to sustain is this entire region that we have here as long as luna stays above 80 bucks. We could be getting continuation on the markets even though if in a correction or bitcoin happens again. As long as luna stays above this one we are completely fine.

What is next? An important level to watch, we also have those previous highs which we are currently bouncing from that is an important level to watch in which we could be saying another retest there would be granting ourselves a new long entry. So I would definitely not be chasing luna at this point when the price action is currently showing that we've already had a bounce and bitcoin might be eager for corrective period once again and this is purely looking on a daily time frame. And when you're looking on a daily time frame you're looking for different levels than when you're looking on the four hour time frame. So in this case the crucial level that luna has to hold on to is the area around 80 bucks. And then second the area (between 89 to 93) is definitely a level that I should be looking at. If you want to get any position being built on the four hour we can't really say too much at this stage. The most likely case is that we're looking at a retest around 88 so that is a different level that we should be looking at. Then if we are finishing such a corrective period we could be looking at a fibonacci extension which we can derive from the previous low and previous high in which we can start targeting two levels that we can be targeting here for luna 175 and we can target 250 bucks as the next impulse waves based on fibonacci extension as long as the trend stays upwards. If that is the case we could be seeing this run you should also be arguably saying that if the crypto markets are going to have another run which could be towards 10 to 15 trillion you are saying the markets are going to make a 5x so at some point in time some projects will be accelerating quite fast then being sold off then other projects will be running even more so then you're looking at maybe an even higher prediction for terra luna to be made. But I think an expansion to watch 250 bucks is not the worst case scenario. Especially if you look at how these cycles have been going with speed for instance projecting such a run towards 250 bucks is quite normal to expect especially if you are having the thesis that the crypto markets are going to have an acceleration even more looking at Luna against bitcoin.

 

Conclusion can be made the same here which is that there is no real entry point and if you look at the price action that we have been seeing previously we've also not been getting every beautiful retest at all. We've not been getting the 3 800 re-test here at all. Previously we've had a nice consolidated period and start breaking out once again through which those previous highs are definitely levels that you could be looking at. If you want to take an entry point so this is a higher time frame support level that we could be looking at and then second this is a level that we should be looking at too as that's the crucial level luna has to hold on to. If it wants to continue moving in terms of the bull cycle so at this point the most price action that we can derive is the UST chart. And projecting luna towards 250 bucks isn't too wrong if the market is going to continue running within this bull cycle. I think I've Clifton the actual prices that you should be looking at in which the life was at 70 bucks and 80.

Other levels that you should be looking at for entries based on the daily time frame and only four hour time frame you might even be looking at 98 and then we can start targeting 170 and 250 bucks.

 

Based on the market cap of cryptocurrancies we can say that the corporate world is jumping to step in crypto market. A lot of capital will come in crypto world and prices of bitcoin and other altcoins will be sky rocketing. I am expecting Terra Luna price of 250 bucks at the end of 2022. And if the price of bitcoin will hit 1 million USD in 2030 then the terra luna price will also go to 1500 USD. My prediction is based on the market research and my best knowledge. It can be true or false. Please do your own research before investing in Terra Luna or any other crypto currency.