LUNA Coin, currently floating just above the support level of $0.345, could possibly generate upper wicks as a result of the abundance of liquidity in altcoins. In the near future, it is highly probable that the coin will experience a horizontal movement. The ongoing situation involving Do Kwon’s extradition and the recent actions taken by Montenegro have led to the emergence of both upper and lower wicks. It is anticipated that similar circumstances may arise in the upcoming days, as the topic of extradition and the potential revocation thereof continues to unfold.
