LUNA channel suggests $90-$165 Jan 1

12 Nis 2022

These are parallel lines and is based on the past price action. Price could hit $165 by Jan 1. Note this is not a log chart. We all know LUNA can run to $1000 if UST demand grows exponentially. But it won't be a straight line and we need to allow for demand falling too. Recall that LUNA supply is elastic, which is much different than BITCOIN. Bitcoin supply is capped. LUNA supply is not. Full disclosure LUNA is my biggest position, tied with Bitcoin