Cryptocurrencies Price Prediction: Serum, Hedera & Luna Classic — Asian Wrap 16 November

Serum price nearly doubled post the emergency fork in the aftermath of FTX exchange hack

Solana-based decentralized exchange token, Serum (SRM), was forked by its community. A fork implies that developers copied the underlying software code and started afresh, protecting SRM holders from the November 11 attack on FTX exchange.

Hedera Hashgraph (HBAR) Price Prediction: The next move defines the trend

HBAR price has rallied impulsively, recovering 15% of market losses. An influx of volume accompanies the impulsive rally with larger transactions than the previous 33% decline. Invalidation of the bullish thesis is a breach of $0.043.

Luna Classic Price Prediction: One more out-of-nowhere LUNC spike

Terra’s Luna Classic price (LUNC) could rise once more to solidify a 20% rally on the week. Following the weekend decline, the short-term technicals are pointing north. Key levels have been defined to gauge a potential move. Terra’s Luna Classic price has risen by 20% since the weekend crash. During the downswing, the bulls established a higher low which catalyzed the move higher.

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Hedera Hashgraph (HBAR) Price Prediction: The next move defines the trend

Source: https://www.fxstreet.com/cryptocurrencies/news/cryptocurrencies-price-prediction-serum-hedera-luna-classic-asian-wrap-16-november-202211160018

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