Bitcoin stablizes but it's all about LUNA's 'insane' moves this weekend.
LUNA/USD 5-minute candle chart . Source: TradingViewon major exchange Binance, LUNA/USD nonetheless remained a highly risky portfolio addition, with prices varying wildly minute to minute and between trading venues.
Those buying in on the majority of occasions through the week conversely faced near total losses on their positions. I really don’t think Luna is a buy and hold right now, it’s a risky in and out play. I have no clue what’s going to happen with it.At the time of writing, LUNA/USD traded at $0.027 on Bitfinex, having risen to $0.034 earlier in the day — 593% above the week's all-time lows of $0.0049.
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.
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