The LUNC/USD pair encounters significant resistance around $0.000147, a level that is prolonged by 61.8% Fibonacci retracement level, making the Terra Luna Classic price prediction bearish.
The announcement that the IBC channel between Osmosis and Terra Classic (LUNC) had been restored was what started the present increase in LUNC. Once again, users can move LUNC and USTC between chains.
The LUNC community swarmed Twitter with comments as soon as this news broke. Many Twitter users said that LUNC was only getting started and that investors may expect even more excitement in the upcoming year.
Aside from this development, LunarCrush’s analysis suggested that LUNC investors should anticipate a change in the market’s favour soon.
The fact that LUNC was placed first among the top ten Cosmos IBC projects by AltRank was extremely bullish for the token and suggested a price increase in the coming days.
Today’s Lunc Price
Luna Classic’s price today is $0.0001305 USD
| DATE | Luna Classic | USD |
|---|---|---|
| Today | 01 |
$0.0001305
|
Terra Luna Classic Price Prediction
The price of Terra Classic is currently $0.000143, with a $138 million 24-hour trading volume. Within the last 24 hours, Terra Classic has decreased by about 8.5 percent.
The LUNC/USD pair has climbed above the $0.00012 support level on a daily timeframe. The price of LUNC has increased to $0.00014 as a result of the RSI and MACD indicators entering the oversold territory.
The LUNC price may rise to the $0.000154 level after passing over the $0.00014 resistance level, which is prolonged by 61.8% Fibonacci retracement. Technically, LUNC has room to rise, but it might not hit $1 unless and until the fundamentals of Terra drastically change.
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