🔥😱Terra Classic (LUNC) Price Analysis: Potential for a Bullish Surge Amid Market🔥😱 Volatility
✅Current Market Overview:
- Price: $0.00009903, down 3% in the past 24 hours.
- Market Cap: $574.24 million, ranking 119th.
- 24-hour Trading Volume: $24 million, a 35% increase, indicating heightened activity.
✅Recent Performance:
- Weekly Performance: LUNC price has dropped by 6% amid market corrections.
- Monthly Performance: Price range between $0.000098 and $0.0001219, indicating ongoing volatility.
- Resistance and Support Levels: Immediate resistance at $0.0001 and support at $0.000098.
✅Key Developments:
- Do Kwon's Exit: The departure of Do Kwon has revitalized the Terra Classic community, potentially stabilizing and boosting market confidence.
- Binance's Support: Binance's endorsement has significantly bolstered LUNC’s market position and investor confidence.
✅Future Predictions:
- Bullish Scenario: If bulls break the $0.0001 resistance, LUNC could surge to $0.0002 and potentially approach $0.0003.
- Bearish Scenario: If the bearish trend persists, the price could fall to $0.00009.
✅Technical Indicators:
- RSI: Currently at 38, indicating a neutral position between buyers and sellers.
- MACD: Trending slightly below the zero line, showing bearish momentum but reduced volatility.
- Bollinger Bands: Showing increased consolidation with upper and lower bands at $0.000127 and $0.000097, respectively.
🧑💻Please follow for more updates and info. Your follow is courage and motivation. Thank you.This is only for educational purposes. DYOR for financial activities.
