The Terra Classic community has initiated a new proposal to rejuvenate the TerraClassicUSD (USTC) stablecoin and the LUNC tokens, seeking to push their value to $1. 
Read more on: https://thecryptobasic.com/2023/11/21/terra-classic-community-makes-another-push-to-bring-ustc-and-lunc-to-1-in-new-proposal/
#TerraClassic #TerraClassicUSD #LUNCPricePrediction #LUNCDream #CryptoNews🔒📰🚫

Terra Classic’s (LUNC) future appears uncertain, with predictions suggesting four-year stagnation followed by potential 100% devaluation by 2030.
Read more on: https://thecryptobasic.com/2023/11/20/terra-classic-lunc-projected-to-stagnate-for-four-years-before-tanking-100-by-2030/
#TerraClassic #LUNCDream #Crypto #CryptoWhaleWatch #CryptoNews🔒📰🚫

Introduction:Terra Classic, formerly known as LUNA, has been making waves in the cryptocurrency space with an astonishing 300% gain in the past 30 days. This surge has reignited discussions about the possibility of the altcoin reclaiming its all-time high market value of $45 billion from the year 2021.The Journey From Descent to Ascent:In the aftermath of Terra's tumultuous period in 2022, LUNC faced a sharp decline from over $100 to less than $0. However, resilient as ever, the coin has experienced a remarkable turnaround, breaking a one-year high and surpassing the $1.5 billion market cap mark.The Burn Campaign:A significant factor contributing to LUNC's resurgence is the strategic burn campaign initiated in 2022. The community-led effort has successfully removed 83.77 billion tokens from circulation, aiming to reduce the overall supply. While this represents a fraction of the total trillions in existence, the continuous burning, with over 5.2 billion tokens incinerated in the past week alone, signals a committed drive to tighten the token supply.Long Road Ahead:Despite its recent successes, LUNC is still distant from its all-time high price of $120.00. However, the ongoing burn campaign suggests a community committed to enhancing the coin's scarcity and, consequently, its value.Future Prospects:As the cryptocurrency industry continues to expand, LUNC stands poised for potential growth. Speculations arise about the coin's ability to return to $0.01 in the midst of a bullish market. With top coins eying market caps over $100 billion, the future appears promising for Terra Classic.Conclusion:Terra Classic's journey from a challenging period to a resurgence, coupled with an active burn campaign, showcases the resilience and determination of its community. As the altcoin navigates the evolving crypto landscape, all eyes are on whether it can reclaim its former glory and reach new heights in the ever-expanding digital frontier.Disclaimer:The information provided in this article is for informational purposes only and should not be considered as financial advice. Cryptocurrency investments involve a high level of risk, and market conditions can change rapidly. The article does not constitute a recommendation or endorsement for any specific investment strategy.Readers are encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions.$LUNC #LUNCDream #LUNCPricePrediction #BullRun

Introduction:The financial landscape is constantly evolving, and new opportunities arise that have the potential to transform the lives of investors. One such opportunity is the Terra Classic Lunch, a unique investment concept that has gained popularity and is projected to offer substantial wealth-building prospects in 2024. In this article, we will explore what Terra Classic Lunch is, its underlying principles, and why it has the potential to make people rich in the coming year.Understanding Terra Classic Lunch:Terra Classic Lunch refers to a decentralized finance (DeFi) protocol built on the Terra blockchain network. It combines elements of stablecoins, decentralized applications (dApps), and smart contracts to create a financial ecosystem that offers various investment and lending opportunities. At its core, Terra Classic Lunch aims to provide users with stable and reliable returns on their investments through innovative mechanisms.Potential Factors Driving Wealth Creation:Several key factors contribute to the potential for wealth creation associated with Terra Classic Lunch in 2024:1. Stability and Growth: Terra Classic Lunch utilizes stablecoins pegged to various fiat currencies, such as the U.S. dollar, to ensure price stability. This stability creates an environment conducive to long-term investment and growth.2. Yield Farming: Terra Classic Lunch offers a yield farming mechanism that allows users to earn additional tokens by providing liquidity to the protocol. This incentivizes participation and creates opportunities for users to generate passive income.3. Decentralization and Transparency: The decentralized nature of Terra Classic Lunch ensures that transactions and investments are transparent and auditable. This factor fosters trust among users and encourages wider adoption of the platform.4. Emerging Market Potential: As the popularity of cryptocurrencies and DeFi continues to grow, Terra Classic Lunch stands to benefit from the increasing interest in alternative financial solutions. This expanding market can contribute to the overall growth and potential profitability of the platform.Considerations and Risks:While Terra Classic Lunch holds promise for wealth creation, it is important to approach any investment with caution and consider potential risks. Some factors to be aware of include:1. Market Volatility: Cryptocurrency markets are known for their volatility, and the value of investments can fluctuate significantly. Investors should be prepared for potential price swings and exercise sound risk management strategies.2. Regulatory Environment: Regulatory changes or interventions in the cryptocurrency and DeFi space could impact the operation and profitability of platforms like Terra Classic Lunch. Staying informed about regulatory developments is crucial for investors.3. Smart Contract Risk: Smart contracts, while designed to be secure, are not immune to vulnerabilities or coding errors. Users should be aware of these risks and perform due diligence when investing.Conclusion:Terra Classic Lunch presents an exciting opportunity for wealth creation in 2024. The platform's stability, yield farming mechanism, decentralization, and potential for growth in the emerging market of DeFi make it an attractive investment option. However, it is vital for investors to conduct thorough research, understand the associated risks, and exercise caution when participating in any investment opportunity. As always, it is advisable to consult with financial professionals before making investment decisions. #luncpriceup #LUNC.USDT #LUNCPricePrediction #Terra.Classic #LUNCDream $LUNC

Bitcoin (BTC) price trading below the crucial barrier of $30k, and sellers maintained their grip by tightly preventing the range. However, mighty bulls continuously tried to overtake the spot but failed to surpass it. In the last month, BTC price showed a breakout of the falling wedge pattern and rallied toward $31K, but buyers did not sustain there and showed a retracement toward $29K.

At the moment, Bitcoin (BTC) technical parameters indicate the buyers are accumulating the price and looking to retest the $30K mark soon. However, the price is close to the 100-day EMA, and a bounce can be anticipated. Moreover, BTC price trading inside the rising wedge pattern took support at $28500 and showed a bounce.

However, the BTC price was noted as a fake breakout on the charts, and buyers were trapped in the last sessions, trying to attain a bounce to unwind their long positions, indicating a rebound toward $30K in the upcoming sessions.

At press time, Bitcoin (BTC) price is trading at $28,911 with an intraday drop of 1.58% showing neutral indications. Moreover, the trading volume increased by 2.32% to $14.43 Billion. However, the market capitalization of BTC is $561.86 Billion. The intraday high of BTC is $29,468.88, and the intraday low is $28,835.13 showing a failure to sustain above $29K.

#LUNCDream #CryptoWorldbyINQ2 $BTC

Bitcoin price is recovering higher from the $29,000 support. BTC could revisit the key $29,700 resistance zone in the coming sessions.

Bitcoin is slowly moving higher above the $29,200 and $29,300 levels.

The price is trading above $29,300 and the 100 hourly Simple moving average.

There was a break below a key bearish trend line with resistance near $29,375 on the hourly chart of the BTC/USD pair (data feed from Kraken).

The pair could rise toward the next major resistance at $29,700.

Bitcoin Price Faces Many Hurdles

Bitcoin price retested the $29,050 support zone where the bulls emerged. BTC remained strong above the $29,000 zone and recently started a fresh increase.

There was a clear move above the $29,250 and $29,300 levels. The price broke the 50% Fib retracement level of the downward move from the $29,678 swing high to the $29,070 support. Besides, there was a break below a key bearish trend line with resistance near $29,375 on the hourly chart of the BTC/USD pair.

Bitcoin is now trading above $29,300 and the 100 hourly Simple moving average. It is now facing resistance near the $29,450 level.

It seems like the 61.8% Fib retracement level of the downward move from the $29,678 swing high to the $29,070 support is acting as a resistance. The first major resistance is still near the $29,650 level. The next major resistance is near the $29,700 level, above which the price might rise toward the $30,000 resistance zone.

A close above the $30,000 resistance zone could start a decent increase. In the stated case, the price may even surpass the $30,400 resistance.

Fresh Decline in BTC?

If Bitcoin fails to clear the $29,700 resistance, it could start a fresh decline. Immediate support on the downside is near the $29,300 level and the 100 hourly Simple moving average.

The next major support is near the $29,050 level, below which the price could accelerate lower. The next support is near the $28,800 level. Any more losses might call for a move toward the $28,200 level in the near term.

Technical indicators:

Hourly MACD – The MACD is now gaining pace in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level.

Major Support Levels – $29,200, followed by $29,050.

Major Resistance Levels – $29,450, $29,700, and $30,000.

#LUNCDream #CryptoWorldbyINQ2 $BTC

Reference newsbtc.com