#LUNC (Terra Classic) remains in a technically bullish state and can be setting up for a MASSIVE CONTINUATION towards the first $0.00058046 target but based on the previous breakout, these levels can be greatly exceeded! A more than 4.05X could be on the way..
The freedom of Do Kwon is the revival of impressions #LUNA #LUNC #USTC .. waiting for proof of responsibility #DoKwon returning the price of LUNA As before $114
LUNC's Journey to $1: Unveiling the Path to Milestone Growth in 2024
Terra Classic (LUNC) has witnessed a remarkable surge in recent times, propelled by a mix of positive factors and buoyant market sentiment. Let's delve into the factors underlying this surge: Overturned Extradition Case: A glimmer of hope shone upon LUNC as news broke that Do Kwon's extradition to the U.S. was overturned by a Montenegrin court. While this development alleviates some concerns surrounding the project, lingering uncertainties persist. Skyrocketing Prices: LUNC has embarked on an astonishing upward trajectory, boasting a 73% surge over the past year and a remarkable 37.59% surge within the last 24 hours alone! However, such rapid price movements often invite skepticism and caution among investors. Robust Trading Activity: With a substantial trading volume of $483.88 million and a market cap of $1.44 billion, LUNC appears to be buzzing with activity. Yet, beneath the surface lies the question of whether this activity is sustainable amidst ongoing market turbulence. Negative Inflation Quandary: Despite its negative inflation rate of -3.18%, suggesting a potential decrease in token supply, uncertainties loom over LUNC's ability to maintain its current momentum amidst broader market fluctuations. Community Optimism Tempered: While optimism prevails within the LUNC community, cautionary whispers persist. The project's future hangs in the balance, subject to the unpredictable winds of market sentiment and regulatory scrutiny. While the prospects of LUNC hitting $1 remain uncertain, its recent surge and positive developments underscore its potential. Nonetheless, prudent investors must tread carefully, recognizing the inherent risks inherent in cryptocurrency investments. #LUNC🔥 #USTC $LUNC $USTC
SHIB Market in Turmoil: Massive Token Transfer Ignites Fear
The Shiba Inu (SHIB) market is engulfed in turmoil as a monumental transfer of 1 trillion tokens, valued at $28.8 million, rattles investors with its journey to cryptocurrency exchange Gate.io. This mammoth movement, flagged by Whale Alert, has unleashed a wave of anxiety among SHIB holders, fueling apprehensions of an impending sell-off and triggering a sharp decline in SHIB's price. Whale Transfer Sows Seeds of Doubt The origin of this colossal token transfer remains veiled in uncertainty, fostering speculation and doubt within the crypto community. Previous instances have shown that large-scale transfers to exchanges often precede substantial selling activities, leaving investors on edge. This climate of uncertainty has injected heightened volatility into the SHIB market, leaving traders on shaky ground. Price Plummet and Liquidations Deepen Concerns In the wake of this development, SHIB has witnessed a precipitous price drop of 14.27% within a mere 24-hour period. Adding to investor distress, CoinGlass data has uncovered a surge in liquidations surpassing $5 million, predominantly targeting bullish long positions. Resilience Tested, Future Cast in Shadow Despite SHIB's recent display of resilience, boasting an impressive 194% surge in the past month, the recent transfer to Gate.io casts a pall of uncertainty over the token's immediate trajectory. The SHIB community waits anxiously for further revelations, fearing a potential price collapse should the tokens flood the exchange for liquidation. #shib #news #memecoin
Anticipation Builds: Analyst Points to LUNC's Potential Breakout in Near Term
LUNC enthusiasts, brace yourselves for excitement! Renowned crypto analyst, @_classiccrypto, has illuminated the path forward by hinting at a prospective breakout for Terra Luna Classic (LUNC) in the immediate future. Leveraging technical insights, the analyst's prediction sparks anticipation for a notable upward momentum in LUNC's price. Technical Signals Illuminate the Way Key technical indicators highlighted by the analyst indicate a favorable outlook for LUNC: Relative Strength Index (RSI): LUNC's current RSI level mirrors that observed before previous significant price upswings, signaling a potential oversold condition and paving the way for a potential rebound. Flag Pattern Emergence: The formation of a flag pattern, a common occurrence following robust price movements, suggests an impending breakout from the consolidation phase. Historical data suggests that such patterns often precede substantial price surges. While technical analysis serves as a valuable tool, it's imperative to consider broader market dynamics beyond mere chart patterns. Factors like regulatory shifts and overall market sentiment can exert considerable influence on price movements. Nevertheless, @_classiccrypto's optimistic analysis injects renewed vigor into the LUNC community. The looming possibility of a forthcoming price surge presents an enticing opportunity for investors keen on harnessing LUNC's upward potential. Remember: Exercise prudence and conduct thorough research before making investment decisions. This article is intended for educational purposes and should not be construed as financial advice. #LUNC🔥 #lunc #USTC #luna
Empowering LUNC Holders: The Dawn of Cross-Chain Staking Era
Calling all LUNC holders: Prepare for a paradigm shift in staking with the introduction of cross-chain functionality by Enterprise DAO. This groundbreaking feature not only simplifies the staking process but also expands the horizon for LUNC enthusiasts to explore new opportunities across various Cosmos chains. Gone are the days of limitations; LUNC holders Now have the freedom to stake their NFTs seamlessly across different chains like Stargaze and Juno. This innovative approach not only enhances accessibility but also unlocks a realm of possibilities for earning rewards and engaging in decentralized governance. The upcoming Terra Luna Classic v2.4.2 Upgrade marks a significant milestone in its journey. With the integration of IBC-Hooks, the ecosystem prepares to embrace powerful dApps like Enterprise DAO, further enriching the user experience and bolstering the platform's utility. As the LUNC community embarks on a mission to rejuvenate the ecosystem, cross-chain staking emerges as a beacon of hope. By encouraging active participation and fostering community engagement, LUNC aims to pave the way for a more vibrant and resilient ecosystem. Amidst market uncertainties, LUNC's recent surge in trading volume signals growing confidence and interest among investors. With the imminent integration of Enterprise DAO, the future looks bright for LUNC holders, heralding a new era of empowerment and innovation. #Lunc #lunaclassic #ustc
Shiba Inu (SHIB) investors are facing a critical juncture. The price is tantalizingly close to a significant profit zone, but a lack of bullish momentum threatens to derail the rally. Warning Signs Flashing: Slowing Growth: The impressive gains seen in the past few days have stalled, raising concerns about the sustainability of the uptrend. Technical Indicators Turning Bearish: Both the RSI (indicating overbought conditions) and MACD (suggesting weakening momentum) are flashing caution signals. Profit Taking on the Horizon: A spike in active deposits suggests investors are looking to lock in profits, potentially leading to a sell-off. Downside Risks: Price Dip Likely: If selling pressure intensifies, a drop to $0.00003084, representing a decline of roughly 12%, appears probable. Breached Support Can Turn into Resistance: A large number of SHIB tokens were purchased between $0.00002800 and $0.00003599. If the price falls below this level, it could turn into a strong resistance zone, hindering future upward movements. A Glimmer of Hope: Breaking the $0.00003599 Resistance: Overcoming this key resistance could turn the tide, potentially propelling SHIB towards $0.00004000 and invalidate the bearish outlook. Renewed Investor Confidence: If breaking the resistance level flips the previous buying zone into support, it could reignite investor confidence and prevent premature profit-taking. The Verdict: Uncertain Future Shiba Inu is at a crossroads. While the potential for significant profits exists, the lack of momentum and profit-taking pressure pose significant risks. Investors should closely monitor market developments and technical indicators before making any investment decisions. Disclaimer: This information is for informational purposes only and should not be considered investment advice. Always conduct your own research before making any investment decisions. #shib #TrendingTopic #news
🚨🚨"Do Kwon's Victory and Terra LUNC Ecosystem Heads to $1"🚨🚨
Do Kwon wins extradition appeal in Montenegro. Do Kwon will return to South Korea
Do Kwon can resolve issues in jurisdictions that are friendlier to Terra. Do Kwon will face lesser charges. Investor confidence in Terra has the potential to recover. Positive Steps from the South Korean Police:
Working with Interpol to facilitate Do Kwon's repatriation. Show seriousness in handling this case.
Future Terra LUNC to $1:
The Terra community can breathe a sigh of relief. This is a positive first step for the restoration of the Terra ecosystem. Do Kwon's leadership and clearer digital asset regulations are expected to put Terra back on the path to success. Do Kwon is reportedly developing a new system for LUNC that could see it reach $1 in the near future.
After a sharp rally, crypto analysts warned of potential significant weakness for Shiba Inu (SHIB). Will this Dogecoin "murder" run out of steam? Analyst Doubts Continued Rise: In a TradingView session, pseudonymous analyst AwesomeAvani used the metaphor of a sledding team to describe SHIB's price movement. He said the team "has been pushing pretty hard," hinting at doubts about the continuation of the bull run. According to him, although the bull run looks smooth, SHIB may need to “take a break” temporarily. "The chart shows a breakout followed by an extension above the VWAP line which is trying to catch up. SHIB needs a break," explained the analyst.
LUNA Skyrockets 40%, New Hope for the Terra Ecosystem!
The crypto world is being shocked by the price surge of LUNA by 38% in a short time. This price increase is believed to be related to the latest developments in the legal saga of Do Kwon, the founder of Terraform Labs. The good news comes after the Montenegrin Court of Appeal overturned an earlier decision, which had the potential to halt Do Kwon's extradition to the United States. This legal victory comes at a crucial time, after Kwon previously faced charges related to the collapse of the Terra ecosystem. The Montenegrin court's decision to reschedule the extradition hearing was an important turning point. This indicates that there are procedural complications in the extradition requests submitted by the United States and South Korea.
Bitcoin Experiences Sharp Correction After Hitting Record High, Could $60,000 Be the Final Barrier
Bitcoin prices have just set an all-time high above $69,000, but unfortunately this record did not last long. Currently, Bitcoin is experiencing a fairly deep correction and is at risk of returning to the $60,000 level. Unsustainable Rise: Bitcoin touched a record high at $69,218, but this was immediately followed by a drastic decline. The price is currently below $65,000 and technical indicators show the potential for further decline. Support Level Threatened to Break: The chart shows Bitcoin breaking through the bullish trendline which previously supported the price at $66,000. Failure to sustain above $62,000 could trigger a decline to the crucial support level at $60,000. Technical Analysis: The MACD indicator is moving into the bearish zone, indicating a potential price decline.Index The RSI (Relative Strength Index) for BTC/USD is below level 50, indicating that selling momentum is dominant. Conclusion: Bitcoin's sharp correction after touching a record high is the main highlight. Investors need to be alert to the potential for further downside, especially if the $60,000 support level is breached. Careful analysis and mature investment strategies become very important in market conditions that are volatile and prone to correction. Disclaimer: This article is for informational purposes only and should not be considered financial advice.#btc #BTC #bear #bearish
Do Kwon Wins Extradition Appeal, LUNC Price Soars! USTC prepares to Repeg $1
Do Kwon, co-founder of blockchain network Terra, just scored a significant legal victory. An appeals court in Montenegro overturned a lower court's decision to extradite him to the United States (US).Do Kwon's Legal Victory:The Montenegrin appeals court overturned the previous extradition decision, citing "significant violations of the provisions of criminal procedure."Kwon and his lawyers appealed the extradition decision to the US related to the collapse of the $60 billion Terra in May 2022.Kwon's lawyer, Goran Rodic, stated that the appeal decision once again confirmed the invalidity of the previous ruling.The case was returned to the lower court for review.Positive Impact on LUNC:Following victory Do Kwon's law, the price of LUNC, the native token of the Terra Classic network, experienced a significant increase. The price of LUNC jumped more than 11% in a few minutes, trading at $0.00020395. This price increase reflects renewed optimism among investors and the LUNC community. Opportunities Ahead :Do Kwon's legal victory and LUNC price surge could be a positive turning point for the Terra Classic ecosystem. Some speculate that Do Kwon may focus on Terra's recovery efforts, including the potential restabilization of USTC to $1 in the near future, Terra's previously losing peg stablecoin to US dollars.Nevertheless, developments in this situation still need to be monitored carefully. Investors are advised to always conduct in-depth research and analysis before making investment decisions. Disclaimer: This article is for informational purposes only and should not be considered financial advice. #lunc #luna #USTC
Bitcoin Soars to $68,686: Is This a Sustained Rise or Just a Bubble?
Bitcoin (BTC) surged again beyond expectations, breaking through the $66,000 resistance and reaching $68,686 as of March 5, 2024. This increase occurred after BTC managed to pass $60,000 at the end of February. However, behind the price spike, several factors gave rise to negative sentiment that needs to be considered: 1. Sustainability of Price Increase: Analysts expected a price correction after BTC crossed $60,000, but this did not happen. Reliance on external factors such as ETFs and halving events raises questions regarding the sustainability of the organic price increase.2. Impact of ETFs: Manipulation or Increased Demand? The emergence of Bitcoin ETFs is considered a major driving factor in price increases. Some parties are concerned that ETFs have the potential to be manipulated by large institutions, thereby negatively impacting retail investors. The increase in demand driven by ETFs does not necessarily reflect real demand from crypto users overall.3. Halving Event: Long Term vs. Short Term Short Term: Halving events are expected to have a positive impact on Bitcoin prices in the long term, but may not necessarily have an immediate impact in the near future. Excessive focus on halving events that are still far away has the potential to ignore short-term fundamental and technical analysis.4. Bubble Risk: Rapid price increases triggered by external factors such as ETFs and halving events risk forming a bubble which will lead to a significant price correction. Investors need to be careful of potential bubbles and conduct in-depth research before investing in Bitcoin. Conclusion: Bitcoin's price spike to $68,686 is worth watching out for. Dependence on external factors and the potential for bubbles are negative sentiments that investors need to consider. Careful analysis and mature investment strategies are needed to face risks in the volatile crypto market. Source : https://timestabloid.com/major-reasons-why-bitcoin-btc-swiftly-surpassed-66000/
Shiba Inu (SHIB) $1 Price Dream: Between Hype and Reality
In the midst of efforts to recover the crypto market, the dream of the Shiba Inu (SHIB) token price reaching $1 is still being promoted by its supporters. However, behind this optimism, there are several factors that need to be considered critically. $SHIB 1. Whale Dominance and the Threat of a Big DumpThe main concern lies in the concentrated ownership by a few "whale" investors. If they decide to liquidate their assets, a potential major dump could occur, burying the $1.2 price dream. Excessive Token Supply Another major obstacle is the huge supply of SHIB tokens. Currently, there are 589 trillion tokens in circulation. To reach $1, more than 99% of that supply would need to be burned, a process that seems impossible.3. Dependence on Social Media Popularity Although popularity on social media plays an important role in memecoin price growth, fundamental factors such as real-world adoption are still minimal. This imbalance raises doubts about the continuation of the SHIB price increase. ConclusionThe dream of a $1 SHIB price is still far from reality. Factors such as whale dominance, excessive token supply, and lack of real-world adoption pose significant obstacles. Investors need to consider the risks and market realities before getting carried away by the hype.#pepe #shib