Artificial intelligence set the price of Terra Classic on March 31.
Most of 2024, with the exception of a brief decline in January, was marked by a powerful rally in the cryptocurrency market, but late February and early March saw the sharpest of the year. a sharp rise in prices for numerous cryptocurrencies. The bullish growth also affected the price of Terra Classic (LUNC), which experienced a huge increase in the last days of February and the first days of March. However, the sharp drop in Bitcoin to $62,000 cast doubt on the further success of the token of the collapsed ecosystem. Will LUNC be able to maintain its upward trend by the end of March? Based on artificial intelligence, machine learning algorithms from PricePredictions, a platform specializing in forecasting prices for crypto assets, finally calculated the price of Terra Classic arta. According to the forecast, on the 31st of this month Terra Classic will rise to $0.000241, which is an increase of 9.79% from the current price.
Technical analysis of LUNC And although the forecasted PricePrediction chart for LUNC seems strange, the forecast seems to be confirmed by TradingView technical analysis on March 5th. Terra Classic results for the fifth day of the month, 7 days and one month led to the platform rating the token as an overall “strong buy”, with the moving averages assigning the same rating , and oscillators were a little less optimistic regarding “buy”.