Luna Inu (LINU) Price Prediction 2024, 2025–2030 | CoinCodex (2024)

According to our current Luna Inu price prediction, the price of Luna Inu is predicted to rise by 228.05% and reach $ 0.0₈6393 by October 14, 2024. Per our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 50 (Neutral). Luna Inu recorded 16/30 (53%) green days with 9.86% price volatility over the last 30 days. Based on the Luna Inu forecast, it's now a bad time to buy Luna Inu.

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Based on the historical price movements of Luna Inu and the BTC halving cycles, the yearly low Luna Inu price prediction for 2025 is estimated at $ 0.0₈1949. Meanwhile, the price of Luna Inu is predicted to reach as high as $ 0.0₈9209 next year. Using the same basis, here is the Luna Inu price prediction for each year up until 2030.

Luna Inu price prediction 2025

The Luna Inu price prediction for 2025 is currently between $ 0.0₈1949 on the lower end and $ 0.0₈9209 on the high end. Compared to today’s price, Luna Inu could gain 366.63% by 2025 if LINU reaches the upper price target.

Luna Inu price prediction 2030

The Luna Inu price prediction for 2030 is currently between $ 0.0₈4913 on the lower end and $ 0.0₈7966 on the high end. Compared to today’s price, Luna Inu could gain 303.68% by 2030 if it reaches the upper price target.

Luna Inu's 50-Day, 200-Day Simple Moving Averages and 14-Day Relative Strenght Index - RSI (14)

Based on our technical indicators, Luna Inu's 200-day SMA will drop in the next month and will hit $ 0.0₈3861 by Oct 14, 2024. Luna Inu's short-term 50-Day SMA is estimated to hit $ 0.0₈3128 by Oct 14, 2024.

The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Currently, the RSI value is at 46.46, which indicates that the LINU market is in a neutral position.

Popular LINU Moving Averages and Oscillators for Sun, Sep 15, 2024

Moving averages (MA) are a popular indicator in all financial markets, designed to smooth price action over a certain amount of time. They are a lagging indicator which means they are influenced by historical price activity. In the table below you can find two types of moving averages, simple moving average (SMA) and exponential moving average (EMA).

Luna Inu Oscillators

An oscillator is a technical analysis tool that constructs high and low bands between two extreme values, and then builds a trend indicator that fluctuates within these bounds. Traders use the trend indicator to discover short-term overbought or oversold conditions.

Luna Inu Key Price Levels

Based on today's classical pivot point (P1) with the value of $ 0.0₈1893, Luna Inu has support levels of $ 0.0₈1850, $ 0.0₈1769, and the strongest at $ 0.0₈1725. Similarly, Luna Inu resistance levels are at $ 0.0₈1974, $ 0.0₈2018, and $ 0.0₈2098.

Luna Inu Correlation

Over the past 7 days, Luna Inu price was most positively correlated with the price of and most negatively correlated with the price of .

Luna Inu price is correlated with the top 10 coins by market cap with a price of , excluding Tether (USDT) and correlated with the top 100 coins by market cap excluding all stablecoins with a price of .

Currencies that are positively correlated with Luna Inu indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Luna Inu, a move in one direction for Luna Inu would translate into a move in the opposite direction for the negatively correlated coin.

To get a better idea of what could happen to the Luna Inu price in the future, it’s helpful to also explore Luna Inu’s price history. In the last month, the LINU/USD pair is down .

How to read and predict Luna Inu price movements?

Luna Inu traders use a variety of tools to try and determine the direction in which the LINU market is likely to head next. These tools can roughly be divided into indicators and chart patterns. When trying to predict the Luna Inu price, traders also try to identify important support and resistance levels, which can give an indication of when a downtrend is likely to slow down and when an uptrend is likely to stall.

Luna Inu Price Prediction Indicators

Moving averages are among the most popular Luna Inu price prediction tools. As the name suggests, a moving average provides the average closing price for LINU over a selected time frame, which is divided into a number of periods of the same length. For example, a 12-day simple moving average for LINU is a sum of LINU’s closing prices over the last 12 days which is then divided by 12.

In addition to the simple moving average (SMA), traders also use another type of moving average called the exponential moving average (EMA). The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action.

50-day, 100-day and 200-day moving averages are among the most commonly used indicators in the crypto market to identify important resistance and support levels. If the LINU price moves above any of these averages, it is generally seen as a bullish sign for Luna Inu. Conversely, a drop below an important moving average is usually a sign of weakness in the LINU market.

Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the LINU price.

How to read Luna Inu charts and predict price movements?

Most traders use candlestick charts, as they provide more information than a simple line chart. Traders can view candlesticks that represent the price action of Luna Inu with different granularity – for example, you could choose a 5-minute candlestick chart for extremely short-term price action or choose a weekly candlestick chart to identify long-terms trends. 1-hour, 4-hour and 1-day candlestick charts are among the most popular.

Let’s use a 1-hour candlestick chart as an example of how this type of price chart gives us information about opening and closing prices. The chart is divided into “candles” that give us information about Luna Inu’s price action in 1-hour chunks. Each candlestick will display LINU’s opening price, closing price, as well as the highest and lowest prices that Luna Inu reached within the 1-hour period.

It’s also important to pay attention to the color of the candle – a green candle means that the closing price was higher than the opening price, while a red candle tells us the opposite. Some charts will use hollow and filled candlestick bodies instead of colors to represent the same thing.

What affects the price of Luna Inu?

Just like with any other asset, the price action of Luna Inu is driven by supply and demand. These dynamics can be influenced by fundamental events such as block reward halvings, hard forks or new protocol updates. Regulations, adoption by companies and governments, cryptocurrency exchange hacks, and other real-world events can also affect the price of LINU. The market capitalization of Luna Inu can change significantly in a short period of time.

When trying to make a Luna Inu forecast, many traders also try to monitor the activity of LINU “whales”, which are entities and individuals that control large amounts of LINU. Since the Luna Inu market is relatively small compared to traditional markets, “whales” can single-handedly have a big influence on Luna Inu’s price movements.

Bullish and bearish price prediction patterns

Some traders try to identify candlestick patterns when making cryptocurrency price predictions to try and get an edge over the competition. Some candlestick formations are seen as likely to forecast bullish price action, while others are seen as bearish.