The Terra Classic price is still in the support zone between around USD 0.000075 and USD 0.0000852. If this support successfully holds, the LUNC price could target the next significant Fib resistances at around USD 0.000091 and USD 0.0001, respectively.
At around 0.000091 USD, the 50-day EMA acts as additional resistance.Previously, Terra Classic was rejected bearishly at the Golden Ratio resistance at around USD 0.00012, which was followed by the price plunge to support.
However, according to the indicators, there is definitely upside potential at the moment. For the RSI shows neutral, but the MACD histogram has been ticking bullishly higher for several days. Thus, the MACD lines are now also close to a bullish crossing.Bearish, however, is that in the daily chart, the death cross of the EMAs is still intact, so the trend remains bearish confirmed in the short to medium term.
