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Is it worthwhile for HODLers to wait for LUNA’s breach of $50
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The six-day period from 29 September to 4 October saw LUNA’s price rally significantly. In the aforementioned timeframe, the alt’s value managed to appreciate by close to 50% from $33 to $49.5.
Post that, however, corrections set in, and LUNA shed close to 30% of its value. The altcoin did pump again on 19 and 20 October but got back into consolidation mode soon after.
In fact, it was seen exchanging hands at $43.4, at the time of writing.
The question of ‘Is this the right time to exit?’ constantly hovers in the minds of short-term and mid-term HODLers. They’re usually on the lookout for genuine dips to buy tokens and then wait for local peaks to book profits. So, as far as LUNAtics are concerned, what should they do at this stage – Continue
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