LUNA reversing gains, down 6% in 24 hours: time to buy the LUNA dip?

The unrecorded Terra terms contiguous is $86.55 with a 24-hour trading measurement of $2.8 billion. Terra is down 6.31% successful the past 24 hours. Is it clip to bargain LUNA? Read connected to find out.   

Top places to bargain LUNA now

As LUNA is specified a caller asset, it's yet to beryllium listed connected large exchanges. You tin inactive acquisition LUNA utilizing a DEX (decentralised exchange) though, which conscionable means determination are a fewer other steps. To bargain LUNA close now, travel these steps:

1. Buy ETH connected a regulated speech oregon broker, similar eToro ›

We suggest eToro due to the fact that it's 1 of the world's starring multi-asset trading platforms, an speech and wallet all-in-one with immoderate of the lowest fees successful the industry. It's besides beginner-friendly, and has much outgo methods disposable to users than immoderate different disposable service.

2. Send your ETH to a compatible wallet similar Trust Wallet oregon MetaMask

You'll request to make your wallet, drawback your address, and nonstop your coins there.

3. Connect your wallet to the Uniswap DEX

Head to Uniswap, and 'connect' your wallet to it.

4. You tin present swap your ETH for LUNA

Now that you're connected, you'll beryllium capable to swap for 100s of coins including LUNA.

What is LUNA?

LUNA is the autochthonal token of Terra, a blockchain protocol that uses fiat-pegged stablecoins to powerfulness price-stable planetary payments systems. According to its achromatic paper, Terra combines the terms stableness and wide adoption of fiat currencies with the censorship-resistance of Bitcoin (BTC) and offers accelerated and affordable settlements.

Development connected Terra began successful January 2018, and its mainnet officially launched successful April 2019. Terra uses LUNA to stabilize the terms of the protocol's stablecoins. LUNA holders are besides capable to taxable and ballot connected governance proposals, giving it the functionality of a governance token. Terra was founded successful January 2018 by Daniel Shin and Do Kwon.

Should I bargain LUNA today?

LUNA is simply a volatile plus that tin acquisition abrupt and unexpected terms swings successful either direction. Be highly cautious erstwhile investing successful cryptocurrency.  

LUNA terms prediction

According to Crowd Wisdom, LUNA volition commercialized betwixt $87 and $92 successful the adjacent fewer hours. Their wide proposal for this clip framework is Sell. None of the 5 momentum indicators are positive, portion 3 of them are negative.

LUNA connected societal media

#LUNA If you're into buying the dip, this could beryllium a premier spot for it. Each dip has followed with a higher high.
#LUNAUSD pic.twitter.com/bA2iojzRfJ

— Benjamin Levy (@BenjaLevyy) December 27, 2021