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Google Gemini Predicts Terra Classic (LUNC) Price For June 1, 2024
Terra Classic (LUNC), the remnant of the collapsed Terra (LUNA) blockchain, has garnered attention with Google Gemini’s price prediction for June 1st, 2024. Gemini, a large language model created by Google, forecasts a significant rise for LUNC, suggesting a price of $0.0002 – a 66.9% increase from its current price of $0.0001198.
This prediction comes amid a period of cautious optimism surrounding LUNC. The token has experienced a volatile journey since the dramatic collapse of the TerraUSD (UST) stablecoin in May 2022, which sent shockwaves through the cryptocurrency market.
Despite the setback, the Terra Classic community has rallied behind the project, implementing a burning mechanism to reduce the overall supply of LUNC tokens. This burn mechanism aims to increase scarcity and potentially drive the price up.
While Google Gemini offers a bullish outlook for June, it’s important to consider the broader context. The prediction is short-term, and the cryptocurrency market remains highly susceptible to external factors. Here’s a breakdown of some key developments surrounding Terra Classic:
Burning Mechanism: The ongoing token burn initiative is a crucial factor influencing LUNC’s price. The community-driven effort aims to eliminate a significant portion of the total supply, potentially leading to scarcity and price appreciation. However, the effectiveness of the burn mechanism in achieving this goal remains to be seen.
Team Efforts: The Terra Classic team is actively working on reviving the ecosystem. This includes proposals to attract developers and rebuild trust within the crypto community. The success of these efforts will significantly impact LUNC’s long-term prospects.
Market Sentiment: The overall sentiment in the cryptocurrency market plays a major role in individual token prices. If the broader market experiences a bullish run, LUNC could benefit alongside other cryptocurrencies. Conversely, a bearish trend could dampen Gemini’s optimistic prediction.
Regulations: Regulatory scrutiny around cryptocurrencies remains a looming concern. Stringent regulations could hinder LUNC’s growth if they target the token or its underlying blockchain technology. It’s important to remember that Google Gemini’s prediction is just that – a prediction. Financial markets are inherently unpredictable, and unforeseen events can drastically alter price movements. Here are some additional considerations for investors:
Consider Portfolio Diversification: It’s advisable to diversify your portfolio across various cryptocurrencies to mitigate risk. Spreading your investments helps to protect yourself from sudden price drops in any single token.
Invest What You Can Afford to Lose: The cryptocurrency market is inherently volatile. Only invest what you can comfortably afford to lose, as there’s always the possibility that your investment could depreciate significantly.
The Terra Classic community’s efforts to revitalize the project and Google Gemini’s bullish prediction for June paint a cautiously optimistic picture for LUNC. However, investors should remain mindful of the inherent risks associated with the cryptocurrency market and conduct thorough research before making any investment decisions.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#TerraClassic #LUNC
This prediction comes amid a period of cautious optimism surrounding LUNC. The token has experienced a volatile journey since the dramatic collapse of the TerraUSD (UST) stablecoin in May 2022, which sent shockwaves through the cryptocurrency market.
Despite the setback, the Terra Classic community has rallied behind the project, implementing a burning mechanism to reduce the overall supply of LUNC tokens. This burn mechanism aims to increase scarcity and potentially drive the price up.
While Google Gemini offers a bullish outlook for June, it’s important to consider the broader context. The prediction is short-term, and the cryptocurrency market remains highly susceptible to external factors. Here’s a breakdown of some key developments surrounding Terra Classic:
Burning Mechanism: The ongoing token burn initiative is a crucial factor influencing LUNC’s price. The community-driven effort aims to eliminate a significant portion of the total supply, potentially leading to scarcity and price appreciation. However, the effectiveness of the burn mechanism in achieving this goal remains to be seen.
Team Efforts: The Terra Classic team is actively working on reviving the ecosystem. This includes proposals to attract developers and rebuild trust within the crypto community. The success of these efforts will significantly impact LUNC’s long-term prospects.
Market Sentiment: The overall sentiment in the cryptocurrency market plays a major role in individual token prices. If the broader market experiences a bullish run, LUNC could benefit alongside other cryptocurrencies. Conversely, a bearish trend could dampen Gemini’s optimistic prediction.
Regulations: Regulatory scrutiny around cryptocurrencies remains a looming concern. Stringent regulations could hinder LUNC’s growth if they target the token or its underlying blockchain technology. It’s important to remember that Google Gemini’s prediction is just that – a prediction. Financial markets are inherently unpredictable, and unforeseen events can drastically alter price movements. Here are some additional considerations for investors:
Consider Portfolio Diversification: It’s advisable to diversify your portfolio across various cryptocurrencies to mitigate risk. Spreading your investments helps to protect yourself from sudden price drops in any single token.
Invest What You Can Afford to Lose: The cryptocurrency market is inherently volatile. Only invest what you can comfortably afford to lose, as there’s always the possibility that your investment could depreciate significantly.
The Terra Classic community’s efforts to revitalize the project and Google Gemini’s bullish prediction for June paint a cautiously optimistic picture for LUNC. However, investors should remain mindful of the inherent risks associated with the cryptocurrency market and conduct thorough research before making any investment decisions.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#TerraClassic #LUNC
📊 Analyst Predicts Terra Classic Price Surge
Cryptocurrency market analyst Javon Marks has recently forecasted a substantial price surge for Terra Classic (LUNC), envisioning a rise to $0.00139, translating to a 1,134% increase. This optimistic prediction stems from the recognition of a robust bullish technical pattern within LUNC’s price trajectory. Marks highlighted that this anticipated price is still far from the all-time high of $0.00005922 achieved in 2022.
🔸 What Fuels LUNC’s Bullish Prediction?
Since October 2023, LUNC’s price trend has shown a distinctly bullish behavior, rebounding from a low of $0.00005506, the weakest level since June 2022. This rebound has coincided with a partial rally in the broader crypto market during the fourth quarter of 2023, serving as a catalyst for LUNC’s price uptrend.
🔸 Why Are Technical Indicators Important?
A significant technical indicator supporting the bullish forecast is the ascending trend line in LUNC’s chart, characterized by a series of higher lows. This pattern suggests the likelihood of continued upward momentum. Marks emphasized this trend line as a pivotal factor for the projected price movement.
🔸 Important Considerations for Investors
– Monitor the trend line closely; maintaining this support is crucial for sustained growth.
– Initial target: $0.00058046, representing a 414% increase from current levels.
– Historical data indicate a potential surge to $0.00098584 and possibly $0.001391.
– Critical support level: $0.00010747; key resistance level: $0.00011498.
– Staying above these levels is essential for near-term price continuation.
To achieve the bullish projections, LUNC must hold above the $0.00010747 support level. Additionally, overcoming the resistance at $0.00011498 is critical to sustain the upward momentum and approach the predicted targets.
$LUNC #LUNC
Cryptocurrency market analyst Javon Marks has recently forecasted a substantial price surge for Terra Classic (LUNC), envisioning a rise to $0.00139, translating to a 1,134% increase. This optimistic prediction stems from the recognition of a robust bullish technical pattern within LUNC’s price trajectory. Marks highlighted that this anticipated price is still far from the all-time high of $0.00005922 achieved in 2022.
🔸 What Fuels LUNC’s Bullish Prediction?
Since October 2023, LUNC’s price trend has shown a distinctly bullish behavior, rebounding from a low of $0.00005506, the weakest level since June 2022. This rebound has coincided with a partial rally in the broader crypto market during the fourth quarter of 2023, serving as a catalyst for LUNC’s price uptrend.
🔸 Why Are Technical Indicators Important?
A significant technical indicator supporting the bullish forecast is the ascending trend line in LUNC’s chart, characterized by a series of higher lows. This pattern suggests the likelihood of continued upward momentum. Marks emphasized this trend line as a pivotal factor for the projected price movement.
🔸 Important Considerations for Investors
– Monitor the trend line closely; maintaining this support is crucial for sustained growth.
– Initial target: $0.00058046, representing a 414% increase from current levels.
– Historical data indicate a potential surge to $0.00098584 and possibly $0.001391.
– Critical support level: $0.00010747; key resistance level: $0.00011498.
– Staying above these levels is essential for near-term price continuation.
To achieve the bullish projections, LUNC must hold above the $0.00010747 support level. Additionally, overcoming the resistance at $0.00011498 is critical to sustain the upward momentum and approach the predicted targets.
$LUNC #LUNC
🔥🔥🔥Binance Burns More Terra Classic (LUNC) Tokens, Net Burn Reaches Over 59 Billion
#Binance Burns Additional LUNC Tokens
Crypto exchange Binance burns additional Terra Luna Classic ($LUNC ) tokens every month, which are not part of Binance’s monthly LUNC burn mechanism. Binance sent additional LUNC tokens to the burn wallet, as per a transaction on May 23.
Binance burned 1.4 billion Terra Classic tokens in the 21st batch of #LUNC burn mechanism in early May. After the latest burn by Binance, the total LUNC burned by the crypto exchange to date has now surpassed 59.07 billion, accounting for 51.9% of total LUNC burned by the community.
The total LUNC tokens burned by the Terra Luna Classic community has reached over 113.71 billion. Binance has continued supporting the community for Terra Luna Classic revival since 2022 via its monthly LUNC burn mechanism.
LUNC and USTC Price Performance Amid Market-Wide Selloff
Crypto market saw broader retracements in the US hours as whales and investors sold their holdings, considering a similar selloff seen immediately after the spot Bitcoin ETF approval by the SEC in January. However, prices rebound after the SEC approved spot Ether ETFs.
LUNC price is up more than 3% this week. The price is currently trading at $0.0001131, with a 24-hour low and high of $0.0001094 and $0.0001179, respectively. Furthermore, trading volume has decreased further in the last 24 hours.
Meanwhile, USTC price trades at $0.02248, moving mostly sideways this week. The 24-hour low and high are $0.02128 and $0.02296, respectively.
#altcoins #terra
#Binance Burns Additional LUNC Tokens
Crypto exchange Binance burns additional Terra Luna Classic ($LUNC ) tokens every month, which are not part of Binance’s monthly LUNC burn mechanism. Binance sent additional LUNC tokens to the burn wallet, as per a transaction on May 23.
Binance burned 1.4 billion Terra Classic tokens in the 21st batch of #LUNC burn mechanism in early May. After the latest burn by Binance, the total LUNC burned by the crypto exchange to date has now surpassed 59.07 billion, accounting for 51.9% of total LUNC burned by the community.
The total LUNC tokens burned by the Terra Luna Classic community has reached over 113.71 billion. Binance has continued supporting the community for Terra Luna Classic revival since 2022 via its monthly LUNC burn mechanism.
LUNC and USTC Price Performance Amid Market-Wide Selloff
Crypto market saw broader retracements in the US hours as whales and investors sold their holdings, considering a similar selloff seen immediately after the spot Bitcoin ETF approval by the SEC in January. However, prices rebound after the SEC approved spot Ether ETFs.
LUNC price is up more than 3% this week. The price is currently trading at $0.0001131, with a 24-hour low and high of $0.0001094 and $0.0001179, respectively. Furthermore, trading volume has decreased further in the last 24 hours.
Meanwhile, USTC price trades at $0.02248, moving mostly sideways this week. The 24-hour low and high are $0.02128 and $0.02296, respectively.
#altcoins #terra
Terra Classic (#LUNC ) Primed for Epic 1,134% Surge? Analyst Makes Bold Prediction
$LUNC #TerraLunaClassic
Read More: https://altcoinsanalysis.com/community-involvement-terra-classic-lunc-and-its-ecosystem/
$LUNC #TerraLunaClassic
Read More: https://altcoinsanalysis.com/community-involvement-terra-classic-lunc-and-its-ecosystem/
💥 Binance LUNC Burn Spikes Over 59 Billion After Latest Terra Classic Tokens Burn
Binance's total LUNC burn rises over 59 billion after the latest Terra Luna Classic tokens burn. LUNC and USTC prices to recover as a result of buy the dip?
🔺 Binance burned additional Terra Luna Classic (LUNC) tokens this week.
🔺 The latest LUNC burn is not part of Binance's monthly LUNC burn mechanism.
🔺 Total LUNC burned by the crypto exchange to date has now surpassed 59.07 billion.
Crypto exchange Binance burned another pack of Terra Luna Classic (LUNC) tokens this week, as per a transaction revealed by LUNC Burn Tracker. With the latest burn by Binance, the total LUNC burned by the crypto exchange has reached over 59 billion.
🔸 Binance Burns Additional LUNC Tokens
Crypto exchange Binance burns additional Terra Luna Classic (LUNC) tokens every month, which are not part of Binance’s monthly LUNC burn mechanism. Binance sent additional LUNC tokens to the burn wallet, as per a transaction on May 23.
Binance burned 1.4 billion Terra Classic tokens in the 21st batch of LUNC burn mechanism in early May. After the latest burn by Binance, the total LUNC burned by the crypto exchange to date has now surpassed 59.07 billion, accounting for 51.9% of total LUNC burned by the community.
The total LUNC tokens burned by the Terra Luna Classic community has reached over 113.71 billion. Binance has continued supporting the community for Terra Luna Classic revival since 2022 via its monthly LUNC burn mechanism.
🔸 LUNC and USTC Price Performance Amid Market-Wide Selloff
Crypto market saw broader retracements in the US hours as whales and investors sold their holdings, considering a similar selloff seen immediately after the spot Bitcoin ETF approval by the SEC in January.
LUNC price fell 3% in the last 24 hours, pared most gains this week. The price is currently trading at $0.0001131, with a 24-hour low and high of $0.0001094 and $0.0001179, respectively. Furthermore, trading volume has decreased after a massive 231% jump on Wednesday.
$LUNC #LUNC #Binance
Binance's total LUNC burn rises over 59 billion after the latest Terra Luna Classic tokens burn. LUNC and USTC prices to recover as a result of buy the dip?
🔺 Binance burned additional Terra Luna Classic (LUNC) tokens this week.
🔺 The latest LUNC burn is not part of Binance's monthly LUNC burn mechanism.
🔺 Total LUNC burned by the crypto exchange to date has now surpassed 59.07 billion.
Crypto exchange Binance burned another pack of Terra Luna Classic (LUNC) tokens this week, as per a transaction revealed by LUNC Burn Tracker. With the latest burn by Binance, the total LUNC burned by the crypto exchange has reached over 59 billion.
🔸 Binance Burns Additional LUNC Tokens
Crypto exchange Binance burns additional Terra Luna Classic (LUNC) tokens every month, which are not part of Binance’s monthly LUNC burn mechanism. Binance sent additional LUNC tokens to the burn wallet, as per a transaction on May 23.
Binance burned 1.4 billion Terra Classic tokens in the 21st batch of LUNC burn mechanism in early May. After the latest burn by Binance, the total LUNC burned by the crypto exchange to date has now surpassed 59.07 billion, accounting for 51.9% of total LUNC burned by the community.
The total LUNC tokens burned by the Terra Luna Classic community has reached over 113.71 billion. Binance has continued supporting the community for Terra Luna Classic revival since 2022 via its monthly LUNC burn mechanism.
🔸 LUNC and USTC Price Performance Amid Market-Wide Selloff
Crypto market saw broader retracements in the US hours as whales and investors sold their holdings, considering a similar selloff seen immediately after the spot Bitcoin ETF approval by the SEC in January.
LUNC price fell 3% in the last 24 hours, pared most gains this week. The price is currently trading at $0.0001131, with a 24-hour low and high of $0.0001094 and $0.0001179, respectively. Furthermore, trading volume has decreased after a massive 231% jump on Wednesday.
$LUNC #LUNC #Binance
⚡️ Analyst Sees Terra Classic Spiking 1,134% to $0.00139 as LUNC Confirms Major Bullish Pattern
Crypto market analyst Javon Marks expects Terra Classic (LUNC) to record a 1,134% price spike to $0.00139 following confirmation of a major bullish pattern.
This price would mark a new all-time high for LUNC, with its current ATH price being $0.00005922, attained in September 2022. LUNC hit this level when it witnessed an impressive 1,336% upswing four months after the broader Terra ecosystem collapse in May 2022.
🔸 Terra Classic on an Uptrend Since October 2023
It bears mentioning that the Terra Classic community has championed narratives aimed at rejuvenating the ecosystem. This move is expected to bolster LUNC’s price action. However, with this campaign facing roadblocks amid community disagreements, LUNC is forced to find its own path to recovery.
Terra Classic has so far trailed the broader market, setting itself on an uptrend since October 2023. For context, LUNC collapsed to a low of $0.00005506 on Oct. 18, 2023, marking its lowest value since June 2022. However, this price marked its floor for the cycle, eventually leading to an impressive upsurge.
💬 $LUNC rode on the rally in the broader market from Q4 2023 to record this ongoing uptrend. So far, it has continued to register higher lows, forming an ascending trendline on the 3-day chart. Javon Marks confirmed this in a chart accompanying his recent analysis.
LUNC (Terra Classic) confirms a major bullish pattern that can be signaling a monumental continuation towards the first target $0.00058046!
With this target and breakouts holding ,an over 414% upside from here to reach it could take place, but looking at the previous breakout… — JAVON⚡️MARKS May 20, 2024
LUNC Readies for a Spike to $0.001391
A recent retest of this trendline sets the stage for an imminent price upswing that could lead to the September 2022 highs. According to Marks, if this structure holds, it could initially result in a price surge to $0.00058046, marking a massive 414% increase from current price levels.
#LUNC
Crypto market analyst Javon Marks expects Terra Classic (LUNC) to record a 1,134% price spike to $0.00139 following confirmation of a major bullish pattern.
This price would mark a new all-time high for LUNC, with its current ATH price being $0.00005922, attained in September 2022. LUNC hit this level when it witnessed an impressive 1,336% upswing four months after the broader Terra ecosystem collapse in May 2022.
🔸 Terra Classic on an Uptrend Since October 2023
It bears mentioning that the Terra Classic community has championed narratives aimed at rejuvenating the ecosystem. This move is expected to bolster LUNC’s price action. However, with this campaign facing roadblocks amid community disagreements, LUNC is forced to find its own path to recovery.
Terra Classic has so far trailed the broader market, setting itself on an uptrend since October 2023. For context, LUNC collapsed to a low of $0.00005506 on Oct. 18, 2023, marking its lowest value since June 2022. However, this price marked its floor for the cycle, eventually leading to an impressive upsurge.
💬 $LUNC rode on the rally in the broader market from Q4 2023 to record this ongoing uptrend. So far, it has continued to register higher lows, forming an ascending trendline on the 3-day chart. Javon Marks confirmed this in a chart accompanying his recent analysis.
LUNC (Terra Classic) confirms a major bullish pattern that can be signaling a monumental continuation towards the first target $0.00058046!
With this target and breakouts holding ,an over 414% upside from here to reach it could take place, but looking at the previous breakout… — JAVON⚡️MARKS May 20, 2024
LUNC Readies for a Spike to $0.001391
A recent retest of this trendline sets the stage for an imminent price upswing that could lead to the September 2022 highs. According to Marks, if this structure holds, it could initially result in a price surge to $0.00058046, marking a massive 414% increase from current price levels.
#LUNC
💥 Binance LUNC Burn Spikes Over 59 Billion After Latest Terra Classic Tokens Burn
Binance's total LUNC burn rises over 59 billion after the latest Terra Luna Classic tokens burn. LUNC and USTC prices to recover as a result of buy the dip?
🔺 Binance burned additional Terra Luna Classic (LUNC) tokens this week.
Click Hare To Free Rewards💰💰
🔺 The latest LUNC burn is not part of Binance's monthly LUNC burn mechanism.
🔺 Total LUNC burned by the crypto exchange to date has now surpassed 59.07 billion.
Crypto exchange Binance burned another pack of Terra Luna Classic (LUNC) tokens this week, as per a transaction revealed by LUNC Burn Tracker. With the latest burn by Binance, the total LUNC burned by the crypto exchange has reached over 59 billion.
🔸 Binance Burns Additional LUNC Tokens
Crypto exchange Binance burns additional Terra Luna Classic (LUNC) tokens every month, which are not part of Binance’s monthly LUNC burn mechanism. Binance sent additional LUNC tokens to the burn wallet, as per a transaction on May 23.
Binance burned 1.4 billion Terra Classic tokens in the 21st batch of LUNC burn mechanism in early May. After the latest burn by Binance, the total LUNC burned by the crypto exchange to date has now surpassed 59.07 billion, accounting for 51.9% of total LUNC burned by the community.
The total LUNC tokens burned by the Terra Luna Classic community has reached over 113.71 billion. Binance has continued supporting the community for Terra Luna Classic revival since 2022 via its monthly LUNC burn mechanism.
🔸 LUNC and USTC Price Performance Amid Market-Wide Selloff
Crypto market saw broader retracements in the US hours as whales and investors sold their holdings, considering a similar selloff seen immediately after the spot Bitcoin ETF approval by the SEC in January.
$LUNC #LUNC #Binance
Binance's total LUNC burn rises over 59 billion after the latest Terra Luna Classic tokens burn. LUNC and USTC prices to recover as a result of buy the dip?
🔺 Binance burned additional Terra Luna Classic (LUNC) tokens this week.
Click Hare To Free Rewards💰💰
🔺 The latest LUNC burn is not part of Binance's monthly LUNC burn mechanism.
🔺 Total LUNC burned by the crypto exchange to date has now surpassed 59.07 billion.
Crypto exchange Binance burned another pack of Terra Luna Classic (LUNC) tokens this week, as per a transaction revealed by LUNC Burn Tracker. With the latest burn by Binance, the total LUNC burned by the crypto exchange has reached over 59 billion.
🔸 Binance Burns Additional LUNC Tokens
Crypto exchange Binance burns additional Terra Luna Classic (LUNC) tokens every month, which are not part of Binance’s monthly LUNC burn mechanism. Binance sent additional LUNC tokens to the burn wallet, as per a transaction on May 23.
Binance burned 1.4 billion Terra Classic tokens in the 21st batch of LUNC burn mechanism in early May. After the latest burn by Binance, the total LUNC burned by the crypto exchange to date has now surpassed 59.07 billion, accounting for 51.9% of total LUNC burned by the community.
The total LUNC tokens burned by the Terra Luna Classic community has reached over 113.71 billion. Binance has continued supporting the community for Terra Luna Classic revival since 2022 via its monthly LUNC burn mechanism.
🔸 LUNC and USTC Price Performance Amid Market-Wide Selloff
Crypto market saw broader retracements in the US hours as whales and investors sold their holdings, considering a similar selloff seen immediately after the spot Bitcoin ETF approval by the SEC in January.
$LUNC #LUNC #Binance
⚡️ Analyst Sees Terra Classic Spiking 1,134% to $0.00139 as LUNC Confirms Major Bullish Pattern
Crypto market analyst Javon Marks expects Terra Classic (LUNC) to record a 1,134% price spike to $0.00139 following confirmation of a major bullish pattern.
This price would mark a new all-time high for LUNC, with its current ATH price being $0.00005922, attained in September 2022. LUNC hit this level when it witnessed an impressive 1,336% upswing four months after the broader Terra ecosystem collapse in May 2022.
🔸 Terra Classic on an Uptrend Since October 2023
It bears mentioning that the Terra Classic community has championed narratives aimed at rejuvenating the ecosystem. This move is expected to bolster LUNC’s price action. However, with this campaign facing roadblocks amid community disagreements, LUNC is forced to find its own path to recovery.
Terra Classic has so far trailed the broader market, setting itself on an uptrend since October 2023. For context, LUNC collapsed to a low of $0.00005506 on Oct. 18, 2023, marking its lowest value since June 2022. However, this price marked its floor for the cycle, eventually leading to an impressive upsurge.
💬 $LUNC rode on the rally in the broader market from Q4 2023 to record this ongoing uptrend. So far, it has continued to register higher lows, forming an ascending trendline on the 3-day chart. Javon Marks confirmed this in a chart accompanying his recent analysis.
LUNC (Terra Classic) confirms a major bullish pattern that can be signaling a monumental continuation towards the first target $0.00058046!
With this target and breakouts holding ,an over 414% upside from here to reach it could take place, but looking at the previous breakout… — JAVON⚡️MARKS May 20, 2024
LUNC Readies for a Spike to $0.001391
A recent retest of this trendline sets the stage for an imminent price upswing that could lead to the September 2022 highs. According to Marks, if this structure holds, it could initially result in a price surge to $0.00058046, marking a massive 414% increase from current price levels.
#LUNC
Crypto market analyst Javon Marks expects Terra Classic (LUNC) to record a 1,134% price spike to $0.00139 following confirmation of a major bullish pattern.
This price would mark a new all-time high for LUNC, with its current ATH price being $0.00005922, attained in September 2022. LUNC hit this level when it witnessed an impressive 1,336% upswing four months after the broader Terra ecosystem collapse in May 2022.
🔸 Terra Classic on an Uptrend Since October 2023
It bears mentioning that the Terra Classic community has championed narratives aimed at rejuvenating the ecosystem. This move is expected to bolster LUNC’s price action. However, with this campaign facing roadblocks amid community disagreements, LUNC is forced to find its own path to recovery.
Terra Classic has so far trailed the broader market, setting itself on an uptrend since October 2023. For context, LUNC collapsed to a low of $0.00005506 on Oct. 18, 2023, marking its lowest value since June 2022. However, this price marked its floor for the cycle, eventually leading to an impressive upsurge.
💬 $LUNC rode on the rally in the broader market from Q4 2023 to record this ongoing uptrend. So far, it has continued to register higher lows, forming an ascending trendline on the 3-day chart. Javon Marks confirmed this in a chart accompanying his recent analysis.
LUNC (Terra Classic) confirms a major bullish pattern that can be signaling a monumental continuation towards the first target $0.00058046!
With this target and breakouts holding ,an over 414% upside from here to reach it could take place, but looking at the previous breakout… — JAVON⚡️MARKS May 20, 2024
LUNC Readies for a Spike to $0.001391
A recent retest of this trendline sets the stage for an imminent price upswing that could lead to the September 2022 highs. According to Marks, if this structure holds, it could initially result in a price surge to $0.00058046, marking a massive 414% increase from current price levels.
#LUNC
⚡️ Analyst Sees Terra Classic Spiking 1,134% to $0.00139 as LUNC Confirms Major Bullish Pattern
Crypto market analyst Javon Marks expects Terra Classic (LUNC) to record a 1,134% price spike to $0.00139 following confirmation of a major bullish pattern.
This price would mark a new all-time high for LUNC, with its current ATH price being $0.00005922, attained in September 2022. LUNC hit this level when it witnessed an impressive 1,336% upswing four months after the broader Terra ecosystem collapse in May 2022.
🔸 Terra Classic on an Uptrend Since October 2023
It bears mentioning that the Terra Classic community has championed narratives aimed at rejuvenating the ecosystem. This move is expected to bolster LUNC’s price action. However, with this campaign facing roadblocks amid community disagreements, LUNC is forced to find its own path to recovery.
Terra Classic has so far trailed the broader market, setting itself on an uptrend since October 2023. For context, LUNC collapsed to a low of $0.00005506 on Oct. 18, 2023, marking its lowest value since June 2022. However, this price marked its floor for the cycle, eventually leading to an impressive upsurge.
💬 $LUNC rode on the rally in the broader market from Q4 2023 to record this ongoing uptrend. So far, it has continued to register higher lows, forming an ascending trendline on the 3-day chart. Javon Marks confirmed this in a chart accompanying his recent analysis.
LUNC (Terra Classic) confirms a major bullish pattern that can be signaling a monumental continuation towards the first target $0.00058046!
With this target and breakouts holding ,an over 414% upside from here to reach it could take previous breakout… — JAVON⚡️MARKS May 20, 2024
LUNC Readies for a Spike to $0.001391
A recent retest of this trendline sets the stage for an imminent price upswing that could lead to the September 2022 highs. According to Marks, if this structure holds, it could initially result in a price surge to $0.00058046, marking a massive 414% increase from current price levels.
#pro_traderofficial99
#LUNC
Crypto market analyst Javon Marks expects Terra Classic (LUNC) to record a 1,134% price spike to $0.00139 following confirmation of a major bullish pattern.
This price would mark a new all-time high for LUNC, with its current ATH price being $0.00005922, attained in September 2022. LUNC hit this level when it witnessed an impressive 1,336% upswing four months after the broader Terra ecosystem collapse in May 2022.
🔸 Terra Classic on an Uptrend Since October 2023
It bears mentioning that the Terra Classic community has championed narratives aimed at rejuvenating the ecosystem. This move is expected to bolster LUNC’s price action. However, with this campaign facing roadblocks amid community disagreements, LUNC is forced to find its own path to recovery.
Terra Classic has so far trailed the broader market, setting itself on an uptrend since October 2023. For context, LUNC collapsed to a low of $0.00005506 on Oct. 18, 2023, marking its lowest value since June 2022. However, this price marked its floor for the cycle, eventually leading to an impressive upsurge.
💬 $LUNC rode on the rally in the broader market from Q4 2023 to record this ongoing uptrend. So far, it has continued to register higher lows, forming an ascending trendline on the 3-day chart. Javon Marks confirmed this in a chart accompanying his recent analysis.
LUNC (Terra Classic) confirms a major bullish pattern that can be signaling a monumental continuation towards the first target $0.00058046!
With this target and breakouts holding ,an over 414% upside from here to reach it could take previous breakout… — JAVON⚡️MARKS May 20, 2024
LUNC Readies for a Spike to $0.001391
A recent retest of this trendline sets the stage for an imminent price upswing that could lead to the September 2022 highs. According to Marks, if this structure holds, it could initially result in a price surge to $0.00058046, marking a massive 414% increase from current price levels.
#pro_traderofficial99
#LUNC
#TerraLunaClassic Luna Classic Restores IBC with Osmosis, Fueling 8% Surge in #LUNC Price
https://altcoinsanalysis.com/terra-luna-classic-restores-ibc-with-osmosis-fueling-8-surge-in-lunc-price/
https://altcoinsanalysis.com/terra-luna-classic-restores-ibc-with-osmosis-fueling-8-surge-in-lunc-price/
TERRA CLASSIC (LUNC) UPDATE
LUNC struggles to form new trend, stuck in range between $0.0001 and $0.00012. Recent 6% drop fuels bearish sentiment, with price currently at $0.0001143. Key support levels at 50-day EMA ($0.000114) and $0.0001 demand area. Break below these levels could lead to further drop to $0.000088 and $0.00008. Defending higher support area could validate new rebound, with bullish targets at $0.00016 and $0.0002. #TerraClassic #LUNC $LUNC
LUNC struggles to form new trend, stuck in range between $0.0001 and $0.00012. Recent 6% drop fuels bearish sentiment, with price currently at $0.0001143. Key support levels at 50-day EMA ($0.000114) and $0.0001 demand area. Break below these levels could lead to further drop to $0.000088 and $0.00008. Defending higher support area could validate new rebound, with bullish targets at $0.00016 and $0.0002. #TerraClassic #LUNC $LUNC
🚀OUR CRYPTO GAINERS OF THE DAY, 22 May 2024.
Our Greatest of the Day List is Out.
1. $PEOPLE - Current price is $0.06304, and it's increases for 42.88% Today, and also it's leading the Gainers List.
2. $EDU - Current price is $0.78619, and it's increases for 32.33% Today, and also it's secure the second position in Gainers List.
3. $STMX - Current price is $0.009327, and it's increases for 17.20% Today, and also it's secure the third position in Gainers List.
4. #PEPE - Current price is $0.00001347, and it's increases for 16.02% Today.
5. #GALA - Current price is $0.04738, and it's increases for 15.45% Today.
6. #LUNC - Current price is $0.00012458, and it's increases for 12.80% Today.
Market trends is so good, and Trade responsibly and enjoy the profits.
Show Your Support
If you found this helpful, consider to tipping me through the Binance Tipping feature. Your generosity will help me to continue to provide high quality contents. 🙏🏿
Our Greatest of the Day List is Out.
1. $PEOPLE - Current price is $0.06304, and it's increases for 42.88% Today, and also it's leading the Gainers List.
2. $EDU - Current price is $0.78619, and it's increases for 32.33% Today, and also it's secure the second position in Gainers List.
3. $STMX - Current price is $0.009327, and it's increases for 17.20% Today, and also it's secure the third position in Gainers List.
4. #PEPE - Current price is $0.00001347, and it's increases for 16.02% Today.
5. #GALA - Current price is $0.04738, and it's increases for 15.45% Today.
6. #LUNC - Current price is $0.00012458, and it's increases for 12.80% Today.
Market trends is so good, and Trade responsibly and enjoy the profits.
Show Your Support
If you found this helpful, consider to tipping me through the Binance Tipping feature. Your generosity will help me to continue to provide high quality contents. 🙏🏿
Here's my perspective on the cryptocurrency landscape in 2030:
- $SHIB : $4
- $PEPE : $25
- $XRP : $1500
- #LUNC : $1772
- #DOGE : $3505
You may have encountered some extravagant forecasts circulating on social media regarding these figures. However, these projections appear more like wishful thinking than reliable predictions, resembling something a child might conjure up.
To those entering the crypto realm, heed this advice: Approach these ambitious predictions with caution. Achieving these price points by 2030 is a considerable stretch. Conduct thorough research before making any investment decisions.
Many newcomers in the crypto space often begin by investing in inactive coins and seeking advice later. Yet, this isn't the wisest approach. Educate yourself first—I speak from experience.
I share this guidance to help you navigate common pitfalls. If you've encountered similar hype, let's discuss it.
LIKE 🫂FOLLOW 🗳REQUOTE OR RESHARE
⌨️ COMMENT
🫂Remember: A lot of Hardwork goes into for providing you Best Investment Articles.Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice.
- $SHIB : $4
- $PEPE : $25
- $XRP : $1500
- #LUNC : $1772
- #DOGE : $3505
You may have encountered some extravagant forecasts circulating on social media regarding these figures. However, these projections appear more like wishful thinking than reliable predictions, resembling something a child might conjure up.
To those entering the crypto realm, heed this advice: Approach these ambitious predictions with caution. Achieving these price points by 2030 is a considerable stretch. Conduct thorough research before making any investment decisions.
Many newcomers in the crypto space often begin by investing in inactive coins and seeking advice later. Yet, this isn't the wisest approach. Educate yourself first—I speak from experience.
I share this guidance to help you navigate common pitfalls. If you've encountered similar hype, let's discuss it.
LIKE 🫂FOLLOW 🗳REQUOTE OR RESHARE
⌨️ COMMENT
🫂Remember: A lot of Hardwork goes into for providing you Best Investment Articles.Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice.
🔴 Market Update🔴 $BTC Not Moving While People Making Crazy Gains With $LUNC
Guys i shared with you my chart below, and this is your daily update on the whole crypto market. Today we saw #BTC down as people started taking some profit after yesterday's fast increase in price, while it is expected to recover again and keep pumping if the BTC SPOT ETF market opens with new inflows and buying pressure... Let's Dive In🥂
👑 BTC 👑
While yesterday's price surge took BTC to $72K we saw a logical small sell off as some people still had BTC since $59K a few weeks ago. We might expect it to get back being bullish as the BTC SPOT ETF market opens in a few hours. Meanwhile it's price is jumping between $69,500 & $70,000.
💥Remember that once this Bitcoin consolidation ends, we are going to see the next big move! And it will be volatile💥
🌿 Altcoins 🌿
We are waiting to see a big increase in the prices of most of the Altcoins built on the ETH , such as PEPE and $SHIB as the ETH ETF Approval or Denial is due tomorrow evening and this could be a game changer for all of the Crypto Market as an approval will help Increasing the prices & a denial could dump the market as the percentage of approving it is definitely winning.
The Altcoin Star for today was definitely #LUNC while took off 🚀 while it's volume is increasing by the hour. The price went from $0.0001075 to 0.00012508 at the moment and still pumping reaching %13 price surge in a few hours.
Basically that's all the news have for today as tomorrow at this time will post #ETH ETF updates every 1 hour. Hopefully we get an approval and see the market run crazy for you guys to start making life changing money💰
Don't forget to follow and like for MORE Exclusive Content🥂
#altcoins #PEPE
Guys i shared with you my chart below, and this is your daily update on the whole crypto market. Today we saw #BTC down as people started taking some profit after yesterday's fast increase in price, while it is expected to recover again and keep pumping if the BTC SPOT ETF market opens with new inflows and buying pressure... Let's Dive In🥂
👑 BTC 👑
While yesterday's price surge took BTC to $72K we saw a logical small sell off as some people still had BTC since $59K a few weeks ago. We might expect it to get back being bullish as the BTC SPOT ETF market opens in a few hours. Meanwhile it's price is jumping between $69,500 & $70,000.
💥Remember that once this Bitcoin consolidation ends, we are going to see the next big move! And it will be volatile💥
🌿 Altcoins 🌿
We are waiting to see a big increase in the prices of most of the Altcoins built on the ETH , such as PEPE and $SHIB as the ETH ETF Approval or Denial is due tomorrow evening and this could be a game changer for all of the Crypto Market as an approval will help Increasing the prices & a denial could dump the market as the percentage of approving it is definitely winning.
The Altcoin Star for today was definitely #LUNC while took off 🚀 while it's volume is increasing by the hour. The price went from $0.0001075 to 0.00012508 at the moment and still pumping reaching %13 price surge in a few hours.
Basically that's all the news have for today as tomorrow at this time will post #ETH ETF updates every 1 hour. Hopefully we get an approval and see the market run crazy for you guys to start making life changing money💰
Don't forget to follow and like for MORE Exclusive Content🥂
#altcoins #PEPE
LUNC and USTC Nears Upside Breakout
LUNC and $USTC prices skyrocketed recently after the news of decline in circulating supply. This has also restored burn and destroy narrative in the #TerraLunaClassic community. The community also seeks to burn USTC and $LUNC in the LFG wallet to reflect in total supply.
#LUNC price is currently up 1% over the last 24 hours, with the price currently trading at $0.0001052. The 24-hour high and low are $0.0001007 and $0.0001062, respectively. Moreover, the trading volume has increased further by 28% in the past 24 hours, indicating buying by trades. An analysis by CoinGape Markets predicts a target price of $0.0005.
Meanwhile, #USTC price fell 2% in the last 24 hours, with the price currently trading at $0.0227. The 24-hour low and high are $0.02233 and $0.02389, respectively.
#btc70k #bitcoin
LUNC and $USTC prices skyrocketed recently after the news of decline in circulating supply. This has also restored burn and destroy narrative in the #TerraLunaClassic community. The community also seeks to burn USTC and $LUNC in the LFG wallet to reflect in total supply.
#LUNC price is currently up 1% over the last 24 hours, with the price currently trading at $0.0001052. The 24-hour high and low are $0.0001007 and $0.0001062, respectively. Moreover, the trading volume has increased further by 28% in the past 24 hours, indicating buying by trades. An analysis by CoinGape Markets predicts a target price of $0.0005.
Meanwhile, #USTC price fell 2% in the last 24 hours, with the price currently trading at $0.0227. The 24-hour low and high are $0.02233 and $0.02389, respectively.
#btc70k #bitcoin
The future of Luna Classic #LUNC in the cryptocurrency market is uncertain and highly speculative. Here are several factors that could influence its trajectory:
Market Sentiment and Adoption: The success of any cryptocurrency heavily relies on market sentiment and adoption. If Luna Classic can build a strong community and find use cases, it might see growth.
Technological Developments: Any updates or improvements to the Luna Classic blockchain, such as enhanced security, scalability, or new features, could positively impact its future.
Regulatory Environment: Regulatory actions and policies can significantly affect the crypto market. Positive regulations could boost confidence, while negative ones could hinder its growth.
Competition: The cryptocurrency market is highly competitive. Luna Classic needs to differentiate itself from other similar projects to maintain and grow its market position.
Partnerships and Integrations: Collaborations with other projects, platforms, or businesses can help increase Luna Classic’s visibility and utility.
Market Trends: Broader trends in the cryptocurrency market, including bull or bear markets, can also affect Luna Classic’s performance.
Community Support: A strong and active community can drive interest and development, contributing to the project's longevity and success.
Investing in cryptocurrencies is inherently risky and unpredictable, and potential investors should conduct thorough research and consider their risk tolerance before making decisions.
Market Sentiment and Adoption: The success of any cryptocurrency heavily relies on market sentiment and adoption. If Luna Classic can build a strong community and find use cases, it might see growth.
Technological Developments: Any updates or improvements to the Luna Classic blockchain, such as enhanced security, scalability, or new features, could positively impact its future.
Regulatory Environment: Regulatory actions and policies can significantly affect the crypto market. Positive regulations could boost confidence, while negative ones could hinder its growth.
Competition: The cryptocurrency market is highly competitive. Luna Classic needs to differentiate itself from other similar projects to maintain and grow its market position.
Partnerships and Integrations: Collaborations with other projects, platforms, or businesses can help increase Luna Classic’s visibility and utility.
Market Trends: Broader trends in the cryptocurrency market, including bull or bear markets, can also affect Luna Classic’s performance.
Community Support: A strong and active community can drive interest and development, contributing to the project's longevity and success.
Investing in cryptocurrencies is inherently risky and unpredictable, and potential investors should conduct thorough research and consider their risk tolerance before making decisions.
Investing in cryptocurrencies can be risky, and it's important to understand those risks. Take the example of someone who invested $5000 in a cryptocurrency called $LUNC when it was doing well. They bought 41 LUNC tokens, feeling confident in its potential. However, within a month, LUNC crashed from $119 to a tiny fraction of a cent. By May 13, 2022, their $5000 investment was worth less than $4. Some traders lost huge amounts of money in this crash, with losses ranging from $50,000 to over $100,000
.
This crash isn't unique to #LUNC . Any cryptocurrency, including big names like $SOL and $ETH, can experience similar crashes if their development teams aren't careful or if there's a security breach. It's a reminder that crypto investing is risky, and not everyone will make a profit. It's essential to be cautious and stay informed about the projects you invest in. While there can be opportunities for profit, there's also the potential for significant losses.
We're not trying to spread fear, uncertainty, and doubt (FUD), but it's crucial to be aware of the risks involved in trading and investing in cryptocurrencies. Do well to share this post with others, and make sure to follow us for more updates.$BTC $NOT
#BTC #altcoins #BinanceLaunchpool #writetoearn
.
This crash isn't unique to #LUNC . Any cryptocurrency, including big names like $SOL and $ETH, can experience similar crashes if their development teams aren't careful or if there's a security breach. It's a reminder that crypto investing is risky, and not everyone will make a profit. It's essential to be cautious and stay informed about the projects you invest in. While there can be opportunities for profit, there's also the potential for significant losses.
We're not trying to spread fear, uncertainty, and doubt (FUD), but it's crucial to be aware of the risks involved in trading and investing in cryptocurrencies. Do well to share this post with others, and make sure to follow us for more updates.$BTC $NOT
#BTC #altcoins #BinanceLaunchpool #writetoearn
💥 Terra Luna Classic Community Passes Crucial Proposal, LUNC Price to Rally?
Terra Luna Classic community passes proposal to appoint Allnodes for providing accurate circulating supply data to Binance, LUNC price to rally?
Terra Luna Classic community has approved a proposal appointing Allnodes to provide accurate LUNC circulating supply data. The proposal aimed at changing the circulating supply API endpoint to Allnodes FCD, while developer Raider warned about the need to persuade Binance and CoinMarketCap to use a totally different API for total supply and circulating supply.
🔸 Allnodes To Handle Terra Luna Classic Circulating Supply Endpoint
Proposal 12103 “Change official CS API endpoint to Allnodes FCD” was passed by the Terra Luna Classic community, with only 57% voter turnout.
The proposal has received 53% “Yes” votes, along with 2% “No”, 12% “No with veto”, and 32% “Abstain” votes. Majority of validators including Interstellar Lounge, HappyCattyCrypto, Hexxagon, and StakeBin have voted in favor of the proposal, Allnodes and a few others voted “Abstain”.
Top validator Allnodes will provide the endpoint. Furthermore, the proposal also seeks to get a consensus about the method of calculating the circulating supply.
Allnodes will be required to update to the latest FCD version and implement the following calculation of circulating supply: Circulating Supply = Total Supply – unvested Tokens – Community Pool Holdings – Staked and bonded tokens.
This will help any third-party website to refer Allnodes FCD API as the official information source for Terra Luna Classic circulating supply of LUNC, USTC, and other native tokens. This also lowers the risk of individuals changing circulating supply or total supply, without appropriate discussion and input.
However, Raider revealed that the official LCD and FCD endpoints for supply calculation were rejected by CoinMarketCap and Binance asked to create an API consistent with the circulating supply definition of CoinMarketCap.
$LUNC #LUNC #TERRALUNC
Terra Luna Classic community passes proposal to appoint Allnodes for providing accurate circulating supply data to Binance, LUNC price to rally?
Terra Luna Classic community has approved a proposal appointing Allnodes to provide accurate LUNC circulating supply data. The proposal aimed at changing the circulating supply API endpoint to Allnodes FCD, while developer Raider warned about the need to persuade Binance and CoinMarketCap to use a totally different API for total supply and circulating supply.
🔸 Allnodes To Handle Terra Luna Classic Circulating Supply Endpoint
Proposal 12103 “Change official CS API endpoint to Allnodes FCD” was passed by the Terra Luna Classic community, with only 57% voter turnout.
The proposal has received 53% “Yes” votes, along with 2% “No”, 12% “No with veto”, and 32% “Abstain” votes. Majority of validators including Interstellar Lounge, HappyCattyCrypto, Hexxagon, and StakeBin have voted in favor of the proposal, Allnodes and a few others voted “Abstain”.
Top validator Allnodes will provide the endpoint. Furthermore, the proposal also seeks to get a consensus about the method of calculating the circulating supply.
Allnodes will be required to update to the latest FCD version and implement the following calculation of circulating supply: Circulating Supply = Total Supply – unvested Tokens – Community Pool Holdings – Staked and bonded tokens.
This will help any third-party website to refer Allnodes FCD API as the official information source for Terra Luna Classic circulating supply of LUNC, USTC, and other native tokens. This also lowers the risk of individuals changing circulating supply or total supply, without appropriate discussion and input.
However, Raider revealed that the official LCD and FCD endpoints for supply calculation were rejected by CoinMarketCap and Binance asked to create an API consistent with the circulating supply definition of CoinMarketCap.
$LUNC #LUNC #TERRALUNC
