LUNA - -17.56% over the past month: Significant Decline as Downtrend Continues
- LUNA fell 17.56% in a month, part of a 1-year 81.43% decline, signaling a bearish trend. - Technical indicators show consolidation after sharp selloff, with price nearing key support levels. - Prolonged weakness raises doubts about LUNA's fundamentals and competitiveness against alternatives. - Market uncertainty persists as it remains unclear whether this is a structural shift or cyclical correction.
On November 4, 2025, LUNA fell by 5.64% in a single day, reaching $0.0771. Over the past week, it declined by 16.49%, dropped 17.56% in the last month, and has lost 81.43% of its value over the past year.
Throughout the previous month, the token has undergone a notable decrease in price, continuing a downward momentum that has lasted for over a year. Although the 5.64% drop in the last 24 hours is within the usual volatility range for LUNA, the 17.56% loss over 30 days highlights a significant weakening in both investor confidence and price stability. Such a monthly decline signals a bearish market phase for LUNA, mirroring a broader correction that has resulted in the token shedding more than 80% of its value compared to this time in 2024.
Technical analysis indicates that after the recent sharp decline, the price is now moving sideways, suggesting a consolidation period. There are currently no clear indications of a reversal or breakout, but the extended losses have brought LUNA closer to important support zones. Market participants are watching to see if the token can find stability and trade within a set range before any significant recovery might occur.
The ongoing downward trend has led to concerns about LUNA’s long-term prospects and its attractiveness in the market, particularly as competing assets and protocols draw in investment. Still, the current decline alone is not enough to determine if this is a fundamental change or simply part of a recurring market cycle.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Starknet Faces a Pivotal Moment: Will the Rally Continue or Will the Downtrend Resume?
- Starknet (STRK) broke a 623-day resistance, signaling a potential bullish reversal with RSI/MACD support. - Traders eye $0.350 as a key target, with a successful breakout confirming an upward trend or triggering bearish pressure. - Analysts highlight risks, noting a breakdown below $0.11 could reignite the downtrend toward $0.065.
Marriott’s Departure from Sonder Underscores Challenges in Technology-Based Hospitality Collaborations
- Marriott abruptly terminated its licensing agreement with Sonder , leaving thousands of guests stranded and canceling over 9,000 properties from its booking platforms. - The move slashed Marriott's 2025 growth forecast to 4.5% as Sonder filed Chapter 7 bankruptcy due to integration costs and revenue decline linked to the partnership. - Guests faced refund reversals and accusations of corporate negligence, while critics highlighted inconsistent crisis management and risks of overreliance on short-term ren
Oil Consumption Expected to Increase Until 2050: Growth Driven by AI, Transportation, and Petrochemical Industries
- IEA revises energy outlook, projecting oil demand to reach 113M bpd by 2050 due to AI, transport, and petrochemicals. - Brazil, Guyana, and Argentina will lead 60% of new oil capacity through 2030, offsetting slower U.S. shale growth. - India's energy demand will surge 15 exajoules by 2035, driven by urbanization and 50% renewable grid capacity by 2025. - Global electricity demand will rise 40% by 2035, outpacing overall energy growth but lagging climate transition progress.
Epstein Files Stalemate: Political Divide Over Facts Deepens
- White House accuses House Democrats of weaponizing Epstein emails to smear Trump, escalating a long-standing battle over "Epstein files." - Released emails suggest Epstein believed Trump knew about his sex-trafficking activities, though Trump denies all allegations as a "hoax." - Bipartisan push for full DOJ file disclosure stalls amid Trump's obstruction, with critics highlighting unreleased documents and political gridlock. - Epstein's associate Maxwell's transfer to minimum-security prison sparks surv
Trending news
MoreCrypto prices
More
