3 reasons why Terra (LUNA) price rallied by 20% By Cointelegraph

3 reasons why Terra (LUNA) price rallied by 20% Altcoins continue to move higher while the price of (BTC) remains trapped in the $31,000 to $36,000 price range. The predictable range appears to be helping Terra (LUNA), a blockchain protocol that specializes in fiat-pegged stablecoins like TerraUSD (UST) to power a price-stable global payment system.



3 reasons why Terra (LUNA) price rallied by 20%

Altcoins continue to move higher while the price of (BTC) remains trapped in the $31,000 to $36,000 price range.

The predictable range appears to be helping Terra (LUNA), a blockchain protocol that specializes in fiat-pegged stablecoins like TerraUSD (UST) to power a price-stable global payment system.

LUNA/USDT 1-day chart. Source: TradingView
VORTECS™ Score (green) vs. LUNA price. Source: Cointelegraph Markets Pro