24. Januar 2023

Terra Classic (LUNC): Price Prediction and Key Levels to Watch

Von admin

• The Terra Classic price prediction may lack short-term support, but if the price rises even further, the coin is likely to face up.
• The Terra Classic (LUNC) is trading around the $0.000170 resistance level, but the coin remains within the 9-day and 21-day moving averages.
• If the market increases, additional resistance can be found above the upper boundary of the channel.

The Terra Classic (LUNC) is a cryptocurrency that has recently been gaining traction in the crypto markets. The current market capitalization of the coin is around $1 billion, with a circulating supply of 5.9 trillion and a total supply of 6.8 trillion. In terms of its market ranking, the coin is currently at #41.

In terms of its price prediction, Terra Classic is currently trading around the $0.000170 resistance level, but the coin remains within the 9-day and 21-day moving averages. If the bulls push the market price above the 9-day MA, the nearest resistance may be located around $0.000200. In addition, if the market increases, additional resistance can be found above the upper boundary of the channel.

The technical indicator Relative Strength Index (14) is currently moving towards the 60-level, indicating that traders could see that the Terra Classic price may likely create more bullish trends once the bearish movement is over. The current key levels of resistance are $0.000220, $0.000240, and $0.000260 while the key levels of support are $0.000130, $0.000110, and $0.000090.

Overall, the Terra Classic price prediction may lack short-term support, but if the price rises even further, the coin is likely to face up. The current market trend indicates that the coin is moving towards an upward trajectory, and if the bulls continue to push the price, it is likely that the coin may be able to break the resistance levels and reach higher highs. Hence, it is essential to keep an eye on the price movements of the coin and make the necessary adjustments accordingly.