TerraUSD Price Prediction – UST Revives Back Above $0.50 ByAzeez MustaphaPRO INVESTOR Updated: 12 May 2022 DisclosureWe sometimes use affiliate links in our content, when clicking on those we might receive a commission – at no extra cost to you. By using this website you agree to our terms and conditions and privacy policy. After a successful break above $0.50, the TerraUSD price prediction extended its recovery to touch the resistance level of $0.54. UST/USD Long-term Trend: Bearish (45 Minute Chart) Key levels: Resistance Levels: $0.80, $0.90, $1.00 Support Levels: $0.25, $0.15, $0.05 USTUSD – 45 Minute Chart UST/USD faces some sharp declines in the crypto market as the price touched $0.49 support. The TerraUSD price is also hovering within the 9-day and 21-day moving averages and the movement is very fragile at the moment. During a short-term breakout, critical support levels may need to be monitored as the crypto could cross above the 21-day MA to head towards the upper boundary of the channel. TerraUSD Price Prediction: Is TerraUSD Bull Run Still Intact? Looking at the 45-minute chart, the TerraUSD price increases more than 7.87% as the coin move to touch the resistance level of $0.54. More so, the cryptocurrency touches the low of $0.49 before recovering towards the upper boundary of the channel. Therefore, a sustained movement to the upside could hit the resistance levels of $0.80, $0.90, and $1.00. On the contrary, there could be more losses if there is no break above the $0.70 resistance. Therefore, if there is a downside break below the lower boundary of the channel, the TerraUSD price may accelerate its decline towards the support levels of $0.25, $0.15, and $0.05 while the Relative Strength Index (14) moves to cross above 50-level. UST/USD Medium-Term Trend: Bearish (15 Minute Chart) Looking at the chart, UST/USD should recover above $0.60 to mitigate the short-term bearish pressure and allow for an extended recovery towards $0.90 and above. However, a sustainable move below the 9-day and 21-day moving averages may open up the way toward $0.40. USTUSD – 15 Minute Chart However, the critical support is located at $45,000, and a sustainable move lower could increase the downside pressure and push the price towards the support of $0.30 and below. Considering that the Relative Strength Index (14) signal line is crossing above 60-level, traders might expect more bullish signals to play out. Read more: How to buy Cryptocurrency
