Price Prediction

Terra Price Prediction: How High Will LUNA Price Rise In 2021

The crypto space is all set to hit the mainstream soon, every project is coming up with unique plans to survive and dominate in the market, one such asset is Terra!

In a continuously evolving crypto market, Terra (LUNA) is one of the unique protocols that mainly uses fiat-pegged stablecoins to power price-stable global payment services. Terra has its own native token LUNA, which counters the limitations related to speed, scalability, and security.

As Terra’s constant upgrades are setting up new milestones, will the token continue its bull rally to hit new highs? This forecast will answer everything about LUNA price Prediction, updates, and the latest LUNA Coin buzz.

Overview:

Cryptocurrency Terra
Token LUNA
Price$ 0.0000
Market cap$ 0.0000
Circulating Supply$ 0.0000
Trading Volume $ 0.0000
All time high$ 0.0000     January 1, 1970
All time low$ 0.0000     January 1, 1970

What is Terra (LUNA)?

Terra (LUNA) is a blockchain protocol launched in 2018 by Daniel Shin and Do Kwon. Founders wanted to venture into a new ‘Digital currency’ that could adjust to the modern economy’s flexibility. The CEO of Terraform Labs is Do Kwon.

As per their website and whitepaper, Terra employs a price stabilization algorithm that constantly balances the supply of a coin in regard to keeping prices stable. Terra’s native token LUNA is used to accomplish the following mission.  On the whole, Terra can provide traders lower fees, high scalability, stability, and reliable financial assets.

Fundamental Analysis:

Terra seeks to set itself apart through its use of fiat-pegged stablecoins, stating that it combines the borderless benefits of cryptocurrencies with the day-to-day price stability of fiat currencies. 

Terra has set up a number of partnerships with payment platforms, especially in the Asia-pacific regions. In July 2019, Terra partnered with Chai, a South Korea-based mobile payments application, in which buys made using the application on e-commerce platforms are permitted via the Terra blockchain network. Each transaction is subject to (on average) a 2%–3% fee charged to the merchant. 

Besides, Terra is supported by the Terra Alliance, a group of businesses and platforms advocating for the adoption of Terra. In February 2019, the company reported that e-commerce platforms from 10 different countries, representing a user base of 45 million and a gross commodities value of $25 billion, were members of the alliance.

Now when you know what the Terra platform is! The next question that strikes your mind is, is LUNA a good investment for current year? Let see what the future holds for this altcoin in this Terra Price Prediction article.

LUNA Price Prediction 2021:

The year 2021 seems extremely positive for Terra, as the coin started its bullish rally from the very first day. With a trading value of $0.6494, Terra resumed its run in January. On a hopeful note, the coin dramatically started to accelerate. By the mid of march, the price of the coin surpassed $21, as a result of the success of the Anchor protocol launch. Then, woefully plunged back to $13 as bears overtook the market in the month of April.

In the month of May, as a result of the market collapse, Terra prices slumped down by 70% causing cryptocurrency to tank as low as $4. Then the price hovered around $6 till the month of July.  Terra registered new all-time highs at $33.12 on August 19 amid increasing bullish sentiment and powered partly by a boosted supply of UST and Terra network upgrade

Luna coin Price Q4: The LUNA price has seen exponential growth post the commencement of Q4. It has successfully generated consequent higher lows with incredible gains over the past three months. However, the price has managed to undergo subsequent retests at $27.5, $35.6, and $41.69 respectively. A sharp break out at $40.05 has skyrocketed the price to a new ATH of $60.07 on December 1st, 2021.

LUNA is expected to continue this bullish trend throughout this year. Based on its growth pattern and predictions, Terra (LUNA) price could smash $75 by the end of 2021. Despite the expected market fluctuations, the coin’s price will end on a positive note. The average and minimum possibilities is being $64.87 and $44.16

LUNA Price Prediction 2022:

In 2022, Terra (LUNA) is expected to expand across various countries, where the real challenge lies. Because it will become a boundaryless decentralized bank that regulators are trying to restrict., which would negatively affect the price of Terra (LUNA). Therefore, we can expect Terra LUNA’s price variation in 2022, which would stand at a lower price of $64.65. The price can reach a maximum value of $125.63 with an average trading price of $98.7.

Terra (LUNA) Price Prediction 2025:

The fundamental analysis becomes vital when forecasting the price of Terra in the long term. The native token LUNA has certain industry advantages. Its autonomous nature makes the digital economy perfect. 

The LUNA network offers competitive programmable payment, logistics, and storage to ease Dapp and stable coin rise. This can attract a lot more investors and may lead the price to hit around the $225 mark by the end of the next five years. In case, if the market collapses, the price may plunge to approximately 50% and hit its low around $95.65

However, if the coin survives with persisting investors by giving tough competition to its competitors (Ex: Soana), constant upgrades, and developments, then by the end of the next five years, the price may reach an average value of $179.

LUNA Market Prediction:

Walletinvestor:

Walletinvestor made a bullish prediction for LUNA. They expect up to three-digit growth prices in the upcoming years. For the year 2022, they predict that the LUNA price may reach a maximum of $119.31 by the end of 2021. They hope that the coin price will easily surpass the $280.44 benchmark and reach a value of $344.7 by the end of 2025.

Digitalcoinprice:

A crypto prediction website has reupdated its price prediction for LUNA, they forecast that the price is expected to close its trading at $85.14. In 2022-2024, an average price close to $103.04 to $144.46 is predicted. They anticipate that the coin will easily exceed the $50 level.  

Trading Beasts:

The platform revised its forecast, they expect the Terra price is going to reach a decent price level of $59.620 by the end of 2021. The website predicts that Terra’s price will hover at an average price of $70.823 for the year 2022.

Lonforecast.com:

According to longforecast.com, a popular economy forecast agency, the Terra price will hit a $62.5 price level by the end of 2021. The website has made an extremely bullish prediction, they expect that the price will boom up to $156.9 by the end of 2022. They forecast that the Terra coin price will hit $243.5 by the end of the year.

Our Terra (LUNA) Predictions:

Walletinvestor:

Walletinvestor made a bullish prediction for LUNA. They expect up to three-digit growth prices in the upcoming years. For the year 2022, they predict that the LUNA price may reach a maximum of $119.31 by the end of 2021. They hope that the coin price will easily surpass the $280.44 benchmark and reach a value of $344.7 by the end of 2025.

Digitalcoinprice:

A crypto prediction website has reupdated its price prediction for LUNA, they forecast that the price is expected to close its trading at $85.14. In 2022-2024, an average price close to $103.04 to $144.46 is predicted. They anticipate that the coin will easily exceed the $50 level.  

Trading Beasts:

The platform revised its forecast, they expect the Terra price is going to reach a decent price level of $59.620 by the end of 2021. The website predicts that Terra’s price will hover at an average price of $70.823 for the year 2022.

Lonforecast.com:

According to longforecast.com, a popular economy forecast agency, the Terra price will hit a $62.5 price level by the end of 2021. The website has made an extremely bullish prediction, they expect that the price will boom up to $156.9 by the end of 2022. They forecast that the Terra coin price will hit $243.5 by the end of the year.

Our Terra (LUNA) Predictions:

The constant upgrades and partnerships will give a massive boost to the price of Terra (LUNA). With recent network upgrades, the price is rising extremely positively.

According to Coinpedia’s formulated Terra price prediction, with bullish market sentiments, LUNA’s price may skyrocket to $53.68 by the end of the year 2021.

On the downside, future market fluctuation and increased competition may adversely affect Terra’s  (LUNA) price to see a downtrend in the upcoming months, which may result in a collapse of the coin’s price to $30.

Year.Potential High.Potential Low.
2021$75.26$38.54.
2022$121.65$74.56
2025$226.98$135.45.

Historic Market Sentiments:

2019:

Terra (LUNA) entered the market in the month of April 2019 with an ICO of $0.8. Initially, the price was hovering at the same price till the end of June. As a result of Coin’s partnership with Chai, the price spiked to an all-time high of $1.3133 by the end of July.

Further, the coin failed to consolidate around the same price, which dramatically reduced to $0.2588 by the end of the year.

2020:

The price started the year with a low price of $0.231, the coin lingered at the same price for around six months with no upgrades. 

A result of the security upgrade and being listed on the Huobi exchange in the month of July resulted in a decent surge of the price to $0.5642. But again the price struggled to sustain above that level till the month of December.
In the month of December, Terra launched the Mirror protocol, which allows traders to issue synthetic assets. This launch gave an immense boost to the coin’s price, which hit $0.6525 by the year-end.

Also Read : Cardano Price Prediction, Will ADA Price Hit $10 in 2021?

FAQ

Is Terra (LUNA) a good investment?

Yes, if you are planning for the long term Terra looks promising, as the coin is planning for expansion and more security upgrades

How high may LUNA price hit by the end of 2025?

LUNA has a tremendous potential to reach new ATH’s as per the fundamental analysis. According to crypto influencers and experts, LUNA can hit the above $300 mark by the end of 2025.

Where can I buy LUNA token?

LUNA coin is available across popular platforms such as: Binance, Coinbase, Huobi and more. You can easily register there and can trade the coin.

Will LUNA price hit $200 by the end of the year 2021?

If the current bullish trend continues and if the coin plans for more updates and partnerships, LUNA is expected to hit $200 by the year-end.

Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

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