Thursday, March 30, 2023
[email protected]
 Fintech Zoom
  • MARKETS
    • Trading
    • Stock Futures
    • Exchange Traded Fund (ETF)
    • Best Stocks To Buy Now
    • Penny Stocks
    • Forex Market
    • Bonds & Rates
    • Stock Market Guides
    • Commodities
      • Brent Crude Oil Price
      • WTI Crude Oil Price
    • Breaking Stock Market News
    • Reviews in Stock Market
    • Asian Markets
    • European Markets
    • US Markets
  • WORLD INDICES
    • DAX PERFORMANCE-INDEX
    • Russel 2000 (RUT)
    • STOXX Europe 600 (SXXP)
    • Euro Stoxx 50
    • CAC 40 Index (FCHI)
    • FTSE 100 Index
    • Nikkei 225 Index
    • HSI – Hang Seng Index
    • NSE Nifty 50 Index
    • NASDAQ Composite Index
    • Dow Jones (INDEXDJX: .DJI)
    • S&P 500 Index
    • ASX – Australian
    • Shanghai Index (SSE)
  • BUSINESS
  • CRYPTO
    • Metaverse
    • Tokens
    • Crypto Reviews
    • NFT : Non-Fungible Tokens
    • Stablecoins
    • Blockchain
    • Ethereum
    • Buy Bitcoin
    • Best Crypto
    • Bitcoin
    • Altcoins
  • MONEY
    • Insurance
    • Taxes
    • Mortgages
    • Loans
    • Personal Finances
    • Credit Cards
    • Interest Rates
  • BANKING
    • Banks Near Me
    • Payments
    • ATM Near me
    • Best Banks
    • Banks Guides
    • Transfer Money Online
    • Mobile Banking
    • Digital Bank
    • Secure Bank Login
  • TECH
    • Social Media
    • Login
    • Error Pages
    • Is It Down?
    • Download
    • Settings
  • LUXURY
    • Luxury Food & Drink
    • Luxury Cars
    • Luxury Style
    • Luxury Motors
    • Luxury Travel
    • Luxury Tech
  • LIFESTYLE
    • Travel
    • Real Estate
    • Entertainment
    • Health
    • Cars
    • Famous People
    • Near Me
    • Life
    • Weather Tomorrow
  • ABOUT US
    • Why Fintech Zoom?
    • What is FintechZoom?
    • Advertise with Us
    • Careers in FintechZoom
    • Fintech Zoom Logo
    • FintechZoom PRO
No Result
View All Result
  • MARKETS
    • Trading
    • Stock Futures
    • Exchange Traded Fund (ETF)
    • Best Stocks To Buy Now
    • Penny Stocks
    • Forex Market
    • Bonds & Rates
    • Stock Market Guides
    • Commodities
      • Brent Crude Oil Price
      • WTI Crude Oil Price
    • Breaking Stock Market News
    • Reviews in Stock Market
    • Asian Markets
    • European Markets
    • US Markets
  • WORLD INDICES
    • DAX PERFORMANCE-INDEX
    • Russel 2000 (RUT)
    • STOXX Europe 600 (SXXP)
    • Euro Stoxx 50
    • CAC 40 Index (FCHI)
    • FTSE 100 Index
    • Nikkei 225 Index
    • HSI – Hang Seng Index
    • NSE Nifty 50 Index
    • NASDAQ Composite Index
    • Dow Jones (INDEXDJX: .DJI)
    • S&P 500 Index
    • ASX – Australian
    • Shanghai Index (SSE)
  • BUSINESS
  • CRYPTO
    • Metaverse
    • Tokens
    • Crypto Reviews
    • NFT : Non-Fungible Tokens
    • Stablecoins
    • Blockchain
    • Ethereum
    • Buy Bitcoin
    • Best Crypto
    • Bitcoin
    • Altcoins
  • MONEY
    • Insurance
    • Taxes
    • Mortgages
    • Loans
    • Personal Finances
    • Credit Cards
    • Interest Rates
  • BANKING
    • Banks Near Me
    • Payments
    • ATM Near me
    • Best Banks
    • Banks Guides
    • Transfer Money Online
    • Mobile Banking
    • Digital Bank
    • Secure Bank Login
  • TECH
    • Social Media
    • Login
    • Error Pages
    • Is It Down?
    • Download
    • Settings
  • LUXURY
    • Luxury Food & Drink
    • Luxury Cars
    • Luxury Style
    • Luxury Motors
    • Luxury Travel
    • Luxury Tech
  • LIFESTYLE
    • Travel
    • Real Estate
    • Entertainment
    • Health
    • Cars
    • Famous People
    • Near Me
    • Life
    • Weather Tomorrow
  • ABOUT US
    • Why Fintech Zoom?
    • What is FintechZoom?
    • Advertise with Us
    • Careers in FintechZoom
    • Fintech Zoom Logo
    • FintechZoom PRO
No Result
View All Result
FintechZoom
No Result
View All Result

On Wednesday, LUNA dropped -60% and BTC near $30,000 support level.

Alex Lowe by Alex Lowe
May 10, 2022
in Cryptocurrency Analysis, Cryptocurrency News, Cryptocurrency Prices Today, Special
0

Home » On Wednesday, LUNA dropped -60% and BTC near $30,000 support level.

  • On Wednesday, Terra’s native blockchain token, LUNA, plunged from $61.99 to $24.14, a 60 percent drop
  • BTC has fallen more than 20% month-over-month and is currently trading at $32,000
  • ETH reached an intraday high of just under $2,500, where it immediately found sellers
  • The Cardano (ADUSD) is currently showing bearish momentum of 2.95% over the past 6 hours
  • The price of XRP has risen above its last major support structure, which is located near the critical $0.50 price level.

Terra (LUNA)

One crypto project fell about 60% in just 24 hours during the crypto market bloodbath, destroying about 60% of its value.

Here we have a token that is not a one-time wonder or a tiny token but a constituent of the top 10 crypto tokens, excluding dollar-pegged stablecoins. The token is named Terra (LUNA).

On Wednesday, Terra’s native blockchain token, LUNA, plunged from $61.99 to $24.14, a 60 percent drop. Compared to last month, the token is trading about 80% below its peak of nearly $118. If the selling persists, we may see another plunge below the $20.00 mark. However, if the overall crypto market recovers, LUNA may take some benefit. But there is a very low probability of seeing a V-shaped recovery. 

Accoriding to some news, Binance, a well-known crypto exchange, has halted the withdrawals of users in LUNA and UST. 

RelatedPosts on FintechZoom

Bitcoin (BTC) is up 0.26% today and Ethereum (ETH) is down 0.56%

Bitcoin dive to 15,736 USD after Binance go back From Potential Acquisition of FTX

Cryptocurrency Prices Today – Live Updates

Cryptocurrency Prices Today: Crypto Rise Up, BTC +1.47% and ETH +4.04%

Blockchain technology works as a base for cryptocurrencies

5 Best Digital Shiba Inu Wallets for Safe Keeping

Bitcoin (BTC)

BTC has fallen more than 20% month-over-month and is currently trading at $32,000. The price was $69,000 in November 2021. More than 50% of the value has disappeared.

Luno’s Sam Kopelman confirmed that bitcoin’s misfortune doesn’t happen in isolation: “A drop below $30,000 puts bitcoin just a few dollars away from a crucial support level.” Should bitcoin drop below this level, it could drop as low as $25,000 before making a significant move upward.

Global equity markets saw their worst day since June 2020 as investors sold assets across the board yesterday. A military conflict in Europe and rapidly rising interest rates weigh heavily on the market.

Ethereum (ETH)

Despite today’s significant rally, Ethereum’s price faces continued weakness and selling pressure. ETH reached an intraday high of just under $2,500, where it immediately found sellers. However, the price remains stable at $2,350, up 6% on the day.

Ethereum’s price is expected to rise due to buyers. The daily chart’s oscillators clearly show that momentum has turned in favor of the bulls. However, the broader risk-off sentiment in the crypto market and, most importantly Fed’s rising interest rates are likely to keep the gains limited. 

Cardano (ADA)

The Cardano (ADUSD) is currently showing bearish momentum of 2.95% over the past 6 hours. The price of Cardano (ADAUSD) was $0.6679 on Tuesday, May 10.

Today, Cardano’s volume was 2336787800, up 3.41% from its average volume of 2259556407.48.

Currently, Cardano is valued at $0.67, down 78.39% from its all-time high of $3.09 on Thursday, September 2. 

Cardano current market cap is 2,259,899,0899, total supply is 45,000,000,000.00, maximum supply is 45,000,000,000.00 and circulating supply is 33,820,262,543.95.

In terms of daily highs and lows, Cardano is 0.32% off its 6-hour low of $0.6700 and 3.21% off its 6-hour high of $0.6900.

Ripple (XRP)

The price of XRP has risen above its last major support structure, which is located near the critical $0.50 price level. Unfortunately for XRP bulls, they have yet to demonstrate conviction. If XRP bulls do not intervene, a much deeper collapse is possible.

Any time spent below $0.47 sets the stage for an immediate crash into the next major high volume node in the 2021 volume profile, which is $0.30.

Alex Lowe

Alex Lowe

Alex is a financial writer covering forex. He is a expert financial journalist whose credits include Bloomberg, FT of London, Chicago Tribune. Contact: [email protected]

Related Posts

Golden Bitcoin | FintechZoom

Bitcoin (BTC) is up 0.26% today and Ethereum (ETH) is down 0.56%

December 26, 2022
Bitcoin Crashes | FintechZoom

Bitcoin dive to 15,736 USD after Binance go back From Potential Acquisition of FTX

November 10, 2022

Cryptocurrency Prices Today – Live Updates

October 14, 2022

Cryptocurrency Prices Today: Crypto Rise Up, BTC +1.47% and ETH +4.04%

October 13, 2022

Blockchain technology works as a base for cryptocurrencies

October 11, 2022

5 Best Digital Shiba Inu Wallets for Safe Keeping

September 21, 2022

Hot vs. Cold Storage – Where to Store Bitcoin and Altcoins

September 21, 2022

Today the Market is Looking to Cryptocurrencies as Commodities.

September 19, 2022

Ethereum’s long-awaited upgrade, Ethereum 2.0, has finally arrived and is falling -3.2%

September 15, 2022
Next Post
natural gas

WTI dropped -6.09%, BRENT -5.74% and Natural Gas -12.64%

Bank of England (BoE)

FTSE100 opens 0.5%, adhering to modest gains on the S&P 500 as well as Nasdaq

Stock Market chart on mobile

How to Understand Which Stocks or Commodities You May Want to Invest In

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • About Us
  • Advertise
  • Careers
  • Terms and Conditions
Call us: + 1 917 9939840

© 2016-2023 FINTECH ZOOM - WORLD FINANCE

No Result
View All Result
  • MARKETS
    • Trading
    • Stock Futures
    • Exchange Traded Fund (ETF)
    • Best Stocks To Buy Now
    • Penny Stocks
    • Forex Market
    • Bonds & Rates
    • Stock Market Guides
    • Commodities
      • Brent Crude Oil Price
      • WTI Crude Oil Price
    • Breaking Stock Market News
    • Reviews in Stock Market
    • Asian Markets
    • European Markets
    • US Markets
  • WORLD INDICES
    • DAX PERFORMANCE-INDEX
    • Russel 2000 (RUT)
    • STOXX Europe 600 (SXXP)
    • Euro Stoxx 50
    • CAC 40 Index (FCHI)
    • FTSE 100 Index
    • Nikkei 225 Index
    • HSI – Hang Seng Index
    • NSE Nifty 50 Index
    • NASDAQ Composite Index
    • Dow Jones (INDEXDJX: .DJI)
    • S&P 500 Index
    • ASX – Australian
    • Shanghai Index (SSE)
  • BUSINESS
  • CRYPTO
    • Metaverse
    • Tokens
    • Crypto Reviews
    • NFT : Non-Fungible Tokens
    • Stablecoins
    • Blockchain
    • Ethereum
    • Buy Bitcoin
    • Best Crypto
    • Bitcoin
    • Altcoins
  • MONEY
    • Insurance
    • Taxes
    • Mortgages
    • Loans
    • Personal Finances
    • Credit Cards
    • Interest Rates
  • BANKING
    • Banks Near Me
    • Payments
    • ATM Near me
    • Best Banks
    • Banks Guides
    • Transfer Money Online
    • Mobile Banking
    • Digital Bank
    • Secure Bank Login
  • TECH
    • Social Media
    • Login
    • Error Pages
    • Is It Down?
    • Download
    • Settings
  • LUXURY
    • Luxury Food & Drink
    • Luxury Cars
    • Luxury Style
    • Luxury Motors
    • Luxury Travel
    • Luxury Tech
  • LIFESTYLE
    • Travel
    • Real Estate
    • Entertainment
    • Health
    • Cars
    • Famous People
    • Near Me
    • Life
    • Weather Tomorrow
  • ABOUT US
    • Why Fintech Zoom?
    • What is FintechZoom?
    • Advertise with Us
    • Careers in FintechZoom
    • Fintech Zoom Logo
    • FintechZoom PRO

© 2016-2023 FINTECH ZOOM - WORLD FINANCE