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Luna Classic Price Prediction: LUNC Surges 7% And Could Breakout to the Upside Soon A symmetrical triangle has formed on the 4-hour chart for $LUNC . This specific chart pattern suggests that the Luna Classic price may breakout in the next few hours. Should this move be towards the upside, the crypto’s value may attempt a challenge at the strong resistance level at $0.00014915. A break above this threshold could then give the Luna Classic price the foundation needed to potentially rise to as high as $0.0002. On the other hand, a strong bearish move could lead to LUNC plummeting all the way down to $0.0000999. If sellers decide to continue exerting sell pressure on the cryptocurrency, the altcoin could even retest the subsequent support level at $0.00007930 in the short term. Technicals Support a Bullish Outlook Technical indicators suggested that the Luna Classic price may rise in the next 48 hours. Both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) indicators were flagging bullish.  The MACD line was breaking away above the MACD Signal line. This is a positive technical flag which suggests that the cryptocurrency’s bullish trend may continue. Meanwhile, the RSI was breaking away above its Simple Moving Average (SMA) line. Normally, this is taken as a sign of increasing buyer strength against bears. #LunaClassic #LUNC

Luna Classic Price Prediction: LUNC Surges 7% And Could Breakout to the Upside Soon

A symmetrical triangle has formed on the 4-hour chart for $LUNC . This specific chart pattern suggests that the Luna Classic price may breakout in the next few hours. Should this move be towards the upside, the crypto’s value may attempt a challenge at the strong resistance level at $0.00014915. A break above this threshold could then give the Luna Classic price the foundation needed to potentially rise to as high as $0.0002.

On the other hand, a strong bearish move could lead to LUNC plummeting all the way down to $0.0000999. If sellers decide to continue exerting sell pressure on the cryptocurrency, the altcoin could even retest the subsequent support level at $0.00007930 in the short term.

Technicals Support a Bullish Outlook

Technical indicators suggested that the Luna Classic price may rise in the next 48 hours. Both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) indicators were flagging bullish. 

The MACD line was breaking away above the MACD Signal line. This is a positive technical flag which suggests that the cryptocurrency’s bullish trend may continue. Meanwhile, the RSI was breaking away above its Simple Moving Average (SMA) line. Normally, this is taken as a sign of increasing buyer strength against bears.

#LunaClassic #LUNC

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BONK Price Prediction: BONK Eyes New Highs Amid Bullish Technical In recent trading sessions, the $BONK price has shown bullish momentum in the cryptocurrency markets, as evidenced by a series of increasing closing prices on the 4-hour chart. The closing prices have progressed from $0.00001953 to $0.00002142, with a slight retraction to $0.00002114 in the latest period. Technical indicators further bolster the optimistic outlook for BONK. The 9 Exponential Moving Average (EMA) has steadily increased from $0.00001649 to $0.00001923, staying consistently below the price, suggesting a strong support level that has been trailing the price uptrend. Similarly, the 20 EMA has shown a gradual ascent from $0.00001567 to $0.00001746, confirming the ongoing bullish sentiment as it also remains below the recent closing prices. The Moving Average Convergence Divergence (MACD) indicator supports this bullish trend with values increasing over the observed periods. Notably, the MACD line has been consistently above the signal line, with the histogram values growing, indicative of strengthening bullish momentum. The Relative Strength Index (RSI) has registered values over 78 in recent periods, peaking at 83.08, which typically indicates strong buying pressure. However, investors should be cautious as these high values can also suggest overbought conditions that may precede a price correction or consolidation. Looking ahead, #BONK faces key resistance levels at $0.00002271, $0.00002289, and $0.00002331. A break above these levels could signal further upside potential. Conversely, support levels are identified at $0.0000167, followed by more robust supports at $0.00001436 and $0.0000138. These levels will be crucial if the market experiences a pullback. #Memecoins #BullorBear #TrendingPredictions The full analysis and trade strategy was originally posted on ecoinimist.com.
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