Will LUNC Price Hit $0.0002 In February

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The daily chart backs the bullish theory in LUNC price as it seeks to debut about the 61.8% Fibonacci retracement level. This level is also a liquidity-rich area, where some investors may choose to take early profits, increasing volatility.

There’s a high chance this rally will continue throughout this week backed by a buy signal from the Moving Average Convergence Divergence (MACD) indicator.