LUNA had been in a period of consolidation for the past 46 days, but it recently made a significant breakout, surging by 43%. This breakout came after experiencing a death cross on April 5, 2024, which initiated a continuous downward trend. In case you’re not familiar, a death cross is a bearish signal that happens when the 50-day simple moving average (SMA) falls below the 200-day SMA. Stay updated with the latest technology news by visiting NEWSLINKER.
