Home Latest News Luna Classic is a play-the-range type of Crypto – FXStreet

Luna Classic is a play-the-range type of Crypto [Video] – FXStreet

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A brief technical and on-chain analysis on Luna Classic price. Here, FXStreet’s analysts evaluate where LUNC could be heading next. Please, subscribe to our YouTube channel, follow us on Twitter @FXScrypto and join our Telegram channel.
 

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Ethereum (ETH) price jumped for a third consecutive day this morning as the hearings about FTX made several headlines overnight. As more pieces of the puzzle fit into one another, it becomes clearer that FTX might be involved in fraud.
A brief technical and on-chain analysis on Luna Classic price. Here, FXStreet's analysts evaluate where LUNC could be heading next. 
FTX exchange is now under the watchful eyes of Turkey’s authorities, as revealed by the country’s finance minister on November 23. The bankrupt exchange, FTX, has been at the center of regulatory oversight from multiple countries after filing for bankruptcy on November 11. 
XRP price shows a constant influx of buying pressure, which has produced higher lows since the November 9 crash. The overhead barrier, however, is stubborn and continues to absorb this buying pressure from Ripple bulls.
BTC has faced the brunt of many industry leaders or significant platforms going bust this year. From Terra’s implosion to FTX’s bankruptcy, the industry seems shaken from a psychological perspective. As investors, an unbiased look reveals that the macro bottom is just one 20% crash away. This forecast takes a fresh look at significant levels and anticipates other scenarios that may evolve for Bitcoin price.
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