LUNA hits a new all-time high, as U.S. president Joe Biden signed an executive order on cryptocurrencies.
LUNA hit a new all-time high, as markets reacted to news that U.S. president Joe Biden had signed an executive order on cryptocurrencies. Biden wants his government to examine the “risks and benefits” of crypto, news of which sent the likes of NEAR and ANC almost 20% higher.rallied on Wednesday to reclaim its position as the world’s sixth-largest cryptocurrency.
As of writing this, LUNA/USD is up by over 25% on the day, breaking past its resistance of $86.24 in the process.LUNA/USD – Daily Chart This surge created a bullish engulfing pattern, which overcame all the action of the past eight days, where prices to as low as $75. Looking at the chart, today’s move has taken the 14-day RSI to a ceiling of 69, should it break, then the recent high of 74 will likely be the next target area.WAVES
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Opinion: What stance should Joe Biden be taking on Russian oil?Are Americans willing to pay more for energy to send a message on Ukraine?
Read more »
Why the Saudis won't bail Joe Biden out with an oil boomCrown Prince Mohammad bin Salman proved more than willing to play ball, writes TianatheFirst. 'But with the largest profit margins in history on the line, Saudi Arabia has no reason to bail out anyone, much less Biden.'
Read more »
Video of Joe Biden warning of Russian hostility if NATO expands resurfacesAhead of Russia's invasion of Ukraine, President Vladimir Putin repeatedly warned the West about NATO's expansion, viewing it as a threat to Russia's security.
Read more »
Russia holds Americans captive as Joe Biden vows to bring them homePaul Whelan, former Marine Trevor Reed and basketball player Brittney Griner are among the high-profile American arrests in Russia.
Read more »
Biden signs executive order on cryptocurrencyPresident Joe Biden on Wednesday signed an executive order on government oversight of cryptocurrency that urges the Federal Reserve to explore whether the central bank should jump in and create its own digital currency.
Read more »