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Terra (LUNA) has been making waves in the crypto sector because it continues to defy odds by scaling heights despite its previous tribulations. On the other hand, BorroeFinance ($ROE) is crafting a name for itself as an AI altcoin that is rendering significant innovations in Web3 financing.
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Having already recorded a biweekly gaining of more than 40%, LUNA is continuously finding the right footing. For instance, LUNA recently surged past the psychological price of $1.00, and it is currently a stone's throw away from this level.
The $1.00 is a significant buying zone because it correlates with Fibonacci's 38.2% retracement level. The MACD indicator is also bullish.
Therefore, these technical indicators are painting a bullish picture for LUNA, given that the coin nearly slipped to the zero mark based on the troubles that previously rocked its parent company Terraform Labs.
