Terra Luna Classic Target Price of $0.00058
Analyst Javon Marks revealed that LUNC price still has further upside movement left as it forms a bullish pattern. Terra Luna Classic price is set for more than 270% gains amid the bull market, he predicted.
He predicted a target price of $0.00058 in the bull run. He believes next bullish breakout to take prices on a monumental run due to the formation of a bull pennant pattern in the long timeline. He expects a breakout coming in mid-April, which coincides with the Bitcoin halving, for LUNC price to move towards the $0.0005 level.
LUNC has the next major resistance at the $0.0002 psychological level. LUNC price has already hit a high of $0.000255 in early March and the community expects a retest of the level again amid the bull market. The $0.000125 remains a major support.
Terra Luna Classic (LUNC) price is currently trading at $0.000132, above the support level. The 24-hour low and high are $0.0001319 and $0.0001372, respectively.
Moreover, LUNC and 1000LUNC futures open interests have been rising in the last few hours, indicating a recovery in the price. In the last 4 hours, futures OI has increased by 2%. The futures and spot traders to provide enough support for the further upside momentum during a broader crypto market recovery.