[Terra] 52 Pickup
Bounty Brief:
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Recently, a deal was announced wherein LUNA was sold for BTC at a price of about $52/LUNA. Some commentators on crypto-Twitter are contending that this represents the new floor price for LUNA.
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Over a time period of your choosing, how many days has LUNA closed above this price? How many days has it closed below this price?
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The announcement:
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Original Tweet Thread link
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Timing: 4:40pm UTC, 02/22
- LUNA has indeed been above the 52 level for the majority of our selected timeframe!
- At a simple glance, we can see that LUNA seems to have spent quite a long while above the $52 level.
- Let's drill down for precision!
- We can spot 6 streaks on the above chart.
- The longest streak ( so far! ) has been from Nov 30th 2021 to Jan 27th 2022, with a total of 59 days!
- This is also the span in which LUNA made a new All-time-high!