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Terra and Avalanche buyers are rampant, easing past resistances. LUNA may soar to $80 while AVAX is open to $100 in continuation of buying pressure of this year.
Terra (LUNA)
The platform aims to build a global payment system using stablecoins. Central to this is LUNA native token.
Past Performance of LUNA
The Terra token price is one of the top performers year-to-date.
As per the LUNA technical analysis of the daily chart, buyers are in control.
Even so, there have been attempts of lower lows and hints of fizzling momentum in the past few trading days.
Day-Ahead and What to Expect of LUNA
Technically, the LUNA token price is firm to the upside.
However, the primary resistance is at $55.
For LUNA/USDT upswing validation, there must be a high volume close above the liquidation line, lifting the coin to new all-time highs and unto unchartered territory.
Despite the optimism, the double bar bear pattern of November 8 and 9 may signal weak buyers, even a top.
Terra Technical Analysis
The LUNA coin is firm to the upside even with losses of November 9.
If there is a confirmation of yesterday's losses and LUNA crypto prices fail to edge above $55, a correction would be imminent.
A close above $55 may see LUNA soar to $80—the 1.618 Fibonacci extension level of the H2 2021 trade range.
Meanwhile, losses below $45 may force LUNA back to $22 in a retracement.
Avalanche (AVAX)
The blockchain is unique because of its sub-zero finality using AVAX as the primary currency.
Past Performance of AVAX
The Avalanche crypto is a top performer, defying gravity from the AVAX technical analysis of the daily chart. The AVAX token is outperforming the greenback, edging higher in bull continuation.
Day-Ahead and What to Expect
Overall, Avalanche coin prices are in a bullish breakout pattern, closing above the pennant of late October.
AVAX is at new Q4 2021 territory at spot levels, closing above September 2021 highs of around $80.
From the AVAX/USDT chart, buyers may lift the token above the psychological round number of $100.
Avalanche Technical Analysis
Traders are confident following the bullish breakout of the AVAX crypto, thrusting it to new 2021 highs.
Presently, aggressive Avalanche bulls may load the dips in anticipation of more gains in continuation of this year's gains.
In that case, the first target lies at $100 and later $130—the 1.618 Fibonacci extension level of the first three quarters of the year.