What do the Long-Term Technicals Predict for Luna Coin (LUNA) Friday?

Luna Coin receives a strong long-term technical score of 77 from InvestorsObserver's research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the coin's support and resistance levels, and where it is relative to long-term averages to determine whether it's a strong buy-and-hold investment opportunity. LUNA currently holds a superior long-term technical analysis score than 77% of cryptos in circulation. This ranking metric is most useful to buy-and-hold type investors looking for strong steady growth when allocating their assets. coins with a high long and short-term technical score can help indicate assets that have bottomed out, providing investors a chance to 'buy the dip'.

InvestorsObserver is giving Luna Coin a 77 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Luna Coin!

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Trading Analysis

Luna Coin's price is $0.0004664 (5.72%) above its 100-day moving average price of $0.008148039 as its price at the moment sits at $0.008614453. Additionally, LUNA is $0.0073792 (-889817.80%) higher than its 52-week low price of $0.001235240 while -$0.01340557 (-45374.10%) under its 52-week high of $0.022020020. The current trading price in relation to its long-term average along with its 52-week high and low, gives LUNA a strong long-term technical score of 77. Long-term trading movement of Luna Coin suggest that investors are neutral on the coin at the moment. Currently, volume and market capitalization data is not available for LUNA. The lack of available data is typically a sign of either a new coin or token brought to market or one with extremely low volume and value levels that it is not picked up by leading data providers. No recorded volume or market cap usually correlate with highly volatile coins that may not be the greatest investment choice for the majority of investors. However, those looking for newer cryptos may find coins such as Luna Coin extra intriguing.

Summary

Technical analysis of Luna Coin over the past year results in the crypto receiving a a strong long-term technical score of 77 as its price movement in that time has given traders reason to be neutral on the coin in the long-term. Click Here to get the full Report on Luna Coin (LUNA).