• Luna broke resistance levels 55 and 60
• Likely to test resistance level 70.00
Luna cryptocurrency continues to rise sharply after breaking through the resistance levels 55 and 60 as well as the upper resistance trendline of the wide daily up channel from September (inside which the price has been trading from the start of September). The breakout of these resistance levels accelerated the active short-term impulse wave 3 of the intermediate impulse wave (3) from the middle of October.
Given the strong daily uptrend, Luna cryptocurrency can be expected to rise further toward the next round resistance level 70.00 (which is the target price calculated for the competition of the active short-term impulse wave 3).