Terra (LUNA) Up 8.15% Friday: What’s Next?

Terra (LUNA) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Friday, the crypto has gained 8.15% to $1.82.

InvestorsObserver is giving Terra a 65 Volatility Rank. Find out what this means to you and get the rest of the rankings on Terra!

Moderately Volatile

InvestorsObserver gives Terra a moderate volatility rank of 65, placing it in the top 35% of cryptos on the market.

The Volatility Gauge takes into account meaning that one day won’t make or break its rank.


LUNA’s moderate volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.

Terra price is trading near resistance. With support near $1.55 and resistance near $1.84. This leaves Terra with potential selling pressures ahead as it may be getting over extended.

What is a Coin?

A coin is a cryptocurrency that exists on its own blockchain. these are typically used for payments. Depending on the cryptocurrency, what those payments are used for may vary from general use in the Digital Money sub-class to more specific uses in some other sub-classes.

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