๐๐๐๐ฅ๐ฅ๐ฅ๐ฅBOOM $LUNC BOOM ๐ฅ๐ฅ๐ฅ๐ฅ๐๐๐
LUNC Price Prediction: Terra Classic Prepares For $1 On Recent Community Developments
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Moreover, a vote on overhauling the LUNC burn tax was also
passed. The idea is to ensure that the burn tax is optimized via the Oracle Pool and in the end enhance network efficiency.
LUNC Price Prediction: Fighting For A Breakout
Terra Classic price has fiercely defended support at $0.0001 as shown on the daily chart. A recovery from this level is gaining strength, with LUNC expected to breach resistance at $0.0001060, highlighted by the 20-day Exponential
Moving Average (EMA) (the blue line overlaying the chart).
The Relative Strength Index (RSI) position at 45 and its
potential for recovery above the midline, reinforces the growing bullish grip. Should the RSI breach the descending trendline resistance, it could ignite a fire in LUNC paving the way for gains beyond $0.001.
A death cross pattern formed when the 50-day EMA (the red
line overlaying the chart) recently flipped below the 200-day EMA (the purple line on the chart), emphasizing that sellers have a say and cannot be ignored, especially with the crypto market still unsure of thedirection to take.
Therefore, traders should be ready to DCA if LUNC dips to or below $0.0001 support keeping in mind the double bottom support around $0.00008.
On the upside, a break above the dotted trending might
catapult LUNC 66% higher, marking the validation of the double-bottom pattern.
