LUNA skyrockets every Mid-Autumn Festival? Taking stock of the mysterious patterns in the past two years

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When it comes to LUNA, many people will first think of the LUNA thunderstorm incident in 2022 and the bankruptcy of Three Arrows Capital. However, LUNA means "moon" in Latin. Interestingly, the price of LUNA seems to have increased around the Mid-Autumn Festival in the past two years. Is this related to the Mid-Autumn Festival barbecue and moon viewing? Let's take a look at the specific data.

Mid-Autumn Festival 2022

September 10 (Saturday)

The best buying time for LUNA occurred at 6 pm the day before (9th), and the buying price was $1.98

The best selling was at 7 pm on the day of the Mid-Autumn Festival (10th), and the selling price was $6.72

This means that within 25 hours, by buying at low points and selling at high points, the profit can be as high as +339.39%.

September 2022 LUNA

Mid-Autumn Festival 2023

Friday, September 29

The best buying time for LUNA occurred at 7 pm on the 21st of the previous eight days, and the buying price was $0.377574

The best selling is at 9 a.m. on the day before the Mid-Autumn Festival (28th), and the selling price is $0.571966

Buy at low point, sell at high point, earn +151.48%, it takes 6 days and 14 hours

September 2023 LUNA

Mid-Autumn Festival this year 2024

Tuesday, September 17

According to the current data, the best buy of LUNA was at 10:30 am yesterday (10th), and the buying price was $0.345735

As of now, the price of LUNA has risen to $0.3765, an increase of 8.89%

Based on trends over the past two years, the best time to sell may occur between 9 a.m. on September 16 and 7 p.m. on September 17.

September 2024 LUNA
This article is for reference only and does not constitute any investment advice. Past increases do not represent future increases. The previous Mid-Autumn Festival was on the weekend, and this year's Mid-Autumn Festival is on weekdays, which may also affect the number and purchasing intentions of potential speculators.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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