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LUNA - -17.56% over the past month: Significant Decline as Downtrend Continues

LUNA - -17.56% over the past month: Significant Decline as Downtrend Continues

Bitget-RWA2025/11/04 21:28
By:Bitget-RWA

- LUNA fell 17.56% in a month, part of a 1-year 81.43% decline, signaling a bearish trend. - Technical indicators show consolidation after sharp selloff, with price nearing key support levels. - Prolonged weakness raises doubts about LUNA's fundamentals and competitiveness against alternatives. - Market uncertainty persists as it remains unclear whether this is a structural shift or cyclical correction.

On November 4, 2025, LUNA fell by 5.64% in a single day, reaching $0.0771. Over the past week, it declined by 16.49%, dropped 17.56% in the last month, and has lost 81.43% of its value over the past year.

Throughout the previous month, the token has undergone a notable decrease in price, continuing a downward momentum that has lasted for over a year. Although the 5.64% drop in the last 24 hours is within the usual volatility range for LUNA, the 17.56% loss over 30 days highlights a significant weakening in both investor confidence and price stability. Such a monthly decline signals a bearish market phase for LUNA, mirroring a broader correction that has resulted in the token shedding more than 80% of its value compared to this time in 2024.

Technical analysis indicates that after the recent sharp decline, the price is now moving sideways, suggesting a consolidation period. There are currently no clear indications of a reversal or breakout, but the extended losses have brought LUNA closer to important support zones. Market participants are watching to see if the token can find stability and trade within a set range before any significant recovery might occur.

The ongoing downward trend has led to concerns about LUNA’s long-term prospects and its attractiveness in the market, particularly as competing assets and protocols draw in investment. Still, the current decline alone is not enough to determine if this is a fundamental change or simply part of a recurring market cycle.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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