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    Thursday, December 11
    XDC

    Terra LUNA price nears key level after rallying 45% this week By Cointelegraph

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    A rebound rally in the (LUNA) market this week risks exhaustion as the price retests a key trendline for a potential pullback.

    LUNA has been trending lower inside a falling channel—made up of two parallel descending trendlines—since December 2021. In doing so, the Terra token typically tests the lower trendline as support for a rebound to the upper trendline, as shown in the chart below.

    daily price chart featuring falling channel. Source: TradingView
    LUNA weekly performance vs. other top assets. Source: Messari