Hello every one
LUNA / TETHERUS
LUNA Has Been in a Head and Shoulder Pattern.The Price Has Been Able to Break The Pattern Recently and Now We Can come to a Conclusion That The Price is going to Decrease Even More. The Pullback to The Neckline has been accured and Now It Is Expected That It would Reach The Support Level Which is Shown for you on The Chart. (around 45$)
๐กWhat Is Terra (LUNA)?
Terra is a blockchain protocol that uses fiat-pegged stablecoins to power price-stable global payments systems. According to its white paper, Terra combines the price stability and wide adoption of fiat currencies with the censorship-resistance of Bitcoin (BTC) and offers fast and affordable settlements.
Development on Terra began in January 2018, and its mainnet officially launched in April 2019. As of September 2021, it offers stablecoins pegged to the U.S. dollar, South Korean won, Mongolian tugrik and the International Monetary Fund's Special Drawing Rights basket of currencies โ and it intends to roll out additional options.
Terra's native token, LUNA, is used to stabilize the price of the protocol's stablecoins. LUNA holders are also able to submit and vote on governance proposals, giving it the functionality of a governance token.
๐ดThis is only an idea and not a financial advise ( NFA )๐ด
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