From Collapse to Comeback: Terra Classic (LUNC) Shows Signs of Revival
LUNC eyes 342% surge: Bullish divergence signals breakout.
SEC clarity boosts Terra Classic amid community initiatives.
LUNC prepares for potential turnaround with strong investor sentiment.
Terra Classic (LUNC), the native token of the embattled Terra ecosystem, is experiencing a massive surge in price and a strong bullish trend.
This resurgence comes after a considerable period of consolidation following the TerraUSD (UST) de-pegging earlier this year.
The latest technical analysis indicates a bullish divergence between LUNC’s price and its On-Balance-Volume (OBV) indicator. The OBV gauges positive and negative volume flow, providing a clear picture of trading direction.
