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Terra, Tron, Litecoin Price Analysis: 23 December
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As Bitcoin registers a 7.19% three-day rise at press time, altcoins like Tron and Litecoin bagged similar gains to flip their 20-SMA’s as immediate support levels. The king coin would need an uninterrupted volume-backed rally to reverse the current sentiment and with it, the overall market trajectory.
Contrarily, Terra entered into price discovery and poked its ATH on 22 December.
Terra (LUNA)
TradingView, LUNA/USDT
LUNA witnessed a massive upturn after a down-channel breakout on 14 December. Since then, the alt aggressively rose between two parallel channels heading north and showed no correction signs at press time. It saw an over 89.05% ROI (from 14 December low) until it touched its ATH on 22 December.
The 20-SMA (red) stood as excellent
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