LUNA Price Soars 286% in Three Weeks, Faces Key Resistance

2025-12-16 15:15

LUNA has experienced a remarkable 286% price increase over the past 21 days, climbing from $0.06415 to $0.23. This surge has brought the cryptocurrency close to a critical resistance zone between $0.30 and $0.38, as well as a significant descending trendline. Traders are closely monitoring these levels for potential breakout signals. Despite the strong upward momentum, analysts caution about the risks of overextension. Momentum indicators show aligned averages and strength, suggesting continued bullish potential, but a decisive breakout above the trendline is necessary to confirm a sustained upward move.

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