Well done! Amante del LUNC
Terra Classic (LUNC) Price Forecast: Bullish Bounce Expected! 12% Rise Expected in 3 Days, Reaching $0.000132 - Technical Analysis_
Current price: $0.000118
Expected prices:
- June 5, 2024: $0.000122 (3% increase)
- June 6, 2024: $0.000128 (8% increase)
- June 7, 2024: $0.000132 (12% increase)
Reasons:
- LUNC price has formed a bullish hammer pattern, indicating a potential reversal.
- Increased buying pressure and trading volume.
- Strong technical indicators, such as RSI and MACD, suggest a continued upward trend.
Fundamental analysis:
- Terra Classic is a decentralized and open source blockchain protocol.
- LUNC is the native cryptocurrency of the Terra Classic ecosystem.
- The Terra Classic community is actively working on development and adoption.
- LUNC has a market capitalization of $627 million and a 24-hour trading volume of $13 million.
Reference:
- TradingView technical analysis
- Terra Classic trading volume and market data
- CoinMarketCap
- CoinDesk
Note: Cryptocurrency prices are highly volatile and subject to rapid fluctuations. This forecast should not be considered investment advice.
DYOR
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