Terra Luna Price Prediction
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.