The native token of Terra, LUNA, is showing signs of bullish divergence, with the Relative Strength Index (RSI) suggesting a potential shift in momentum. This indicates that selling pressure is weakening and bears are losing dominance. The RSI displays a bullish divergence as LUNA's price movement contrasts with declining RSI readings, indicating a potential exhaustion of selling pressure. However, the price remains below $1.00 with diminishing momentum, and a confirmed breakout is necessary for a substantial upward move. If bulls sustain control, LUNA could witness accelerated buying pressure and potentially reach the projected $9.12 mark. The recent trading volume of LUNA peaked at $800M, accompanied by a price decline from $2.50, with subsequent months seeing diminished volatility and prices stabilizing below $0.50. As of now, LUNA's price is at $0.32 with a trading volume of $6.91M.



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