The crypto $LUNC
(#TerraLunaClassic ) seems to have been moving steadily in a bear perspective for months, but it might soon reverse course.
Some market analysts, like the well-known Javon Marks, have written on X to expect a strong bull rally for the cryptocurrency. The set target suggests that #LUNCâ
should grow by 545% compared to current prices.
To justify this optimism, according to Marks, is the graphical trend of the #RSI indicator which continues to grow despite the depreciations.
These conditions, known as RSI divergence, increase the likelihood of a bull movement for crypto LUNC.
The indicator shows that an unusual trading force for a product that has been traded in a #bearmarket for a long time. Usually, these cases open the doors to short-squeeze and double-digit percentage green candles.
