As Bitcoin registers a 7.19% three-day rise at press time, altcoins like Tron and Litecoin bagged similar gains to flip their 20-SMA\u2019s as immediate support levels. <\/span>The king coin would need an uninterrupted volume-backed rally to reverse the current sentiment and with it, the overall market trajectory.<\/span><\/p>\n Contrarily, Terra entered into price discovery and poked its ATH on 22 December.<\/p>\n Terra (LUNA)<\/span><\/strong><\/p>\n TradingView, LUNA\/USDT<\/p>\n<\/div>\n LUNA witnessed a massive upturn after a down-channel breakout on 14 December. Since then, the alt aggressively rose between two parallel channels heading north and showed no correction signs at press time. It saw an over 89.05% ROI (from 14 December low) until it touched its ATH on 22 December.<\/span><\/p>\n The 20-SMA (red) stood as excellent support for the alt during the upturn. Over the past day, the bears tested the $83.6-level, but the bulls found support at the 23.6% Fibonacci mark. Meanwhile, it became the ninth-largest crypto in terms of market cap.<\/span><\/p>\n At press time, LUNA traded at $90.34. The <\/span>RSI\u00a0<\/span><\/strong>wavered around the overbought region from 18 to 22 December. Even after a downfall, it did not show loosening signs. Also, the\u00a0<\/span>OBV\u00a0<\/span><\/strong>affirmed the buying power. However, the Volume Oscillator moved sideways during the recent rally rather than rising.<\/span><\/p>\n Tron (TRX)<\/span><\/strong><\/p>\n TradingView, TRX\/USDT<\/p>\n<\/div>\n TRX witnessed a symmetrical triangle breakdown on 17 December while the fear sentiment surged. This fall happened after the\u00a0<\/span>news<\/span><\/a>\u00a0of Justin Sun stepping down from his duties at the Tron Foundation. <\/span><\/p>\n The alt saw an over 9% decline over the past week as TRX marked a down-channel (yellow). The altcoin lost the crucial $0.078-level, which the bulls upheld for over four months. However, the bulls managed to reclaim the above level as immediate support.<\/span><\/p>\n No surprise to see the\u00a0<\/span>Supertrend\u00a0<\/span><\/strong>being in the red zone and flashing sell signals. At press time, TRX traded at $0.07941. The <\/span>RSI\u00a0<\/span><\/strong>continually found resistance at the midline and struggled to cross it. The\u00a0<\/span>OBV\u00a0<\/span><\/strong>wavered around its seven-week low and reaffirmed the decreased buying pressure.<\/span><\/p>\n Litecoin (LTC)<\/span><\/strong><\/p>\n![\"\"](\"https:\/\/files.ambcrypto.com\/wp-content\/uploads\/2021\/12\/23194929\/LUNAUSDT_2021-12-23_19-19-22.png\")
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