Terra Luna Classic Price Prediction as LUNC Edges Closer to $0.00006 – Can It Hit $3 in 2023?

The technical outlook on a 4-hour timeframe provides a deeper perspective on LUNC's potential trajectory.

Currently, the pivot point is situated at $0.00006022. For traders and investors, key levels to watch include an immediate resistance at $0.00006215, with subsequent resistance points at $0.00006471 and $0.00006695.

Should the token experience a downturn, it can expect support at $0.00005800, followed by deeper support levels at $0.00005586 and $0.00005421.

Delving into technical indicators, the Relative Strength Index (RSI) for LUNC is at 42.

Typically, an RSI below 50 indicates bearish sentiment. Another crucial indicator, the 50-day Exponential Moving Average (EMA), is currently at $0.00006022. The LUNC price's proximity to this EMA suggests a precarious position between a bullish and bearish trend.

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