It is the first time ever that LUNAUSDT (Terra) closes four consecutive weeks green. This is happening after an ATL in August.
Can we say bullish consolidation? Consolidation as prices slowly climb higher... Absolutely.
This is unusual and unusual is good. Since the market was bearish since 2022, seeing a change of behavior, unusual price patterns, can mean that price dynamics are about to change. Change from bearish to bullish of course.
Whale accumulation has been happening since August 2023. I can tell by noticing how buy volume is always higher than sell volume on most of the candles. It means that more money is exchanging hands when prices are going up rather than down.
Now, this is not just any pair, growth potential goes as high as 2,000%. Even 3,265% is possible if LUNAUSDT hits $19, for this, we have to wait and see.
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