LUNC/USD Regains Strength, Price Hits $0.000169 Level

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The Terra Classic price prediction shows that LUNC begins to gain strength as the coin moves to cross above the moving averages.

Terra Classic Prediction Statistics Data:

  • Terra Classic price now – $0.000165
  • Terra Classic market cap – $968 million
  • Terra Classic circulating supply – 5.9 trillion
  • Terra Classic total supply – 6.8 trillion
  • Terra Classic Coinmarketcap ranking – #54


Key Levels:

Resistance levels: $0.000220, $0.000240, $0.000260

Support levels: $0.000120, $0.000100, $0.000080

Terra Classic Price Prediction for Today, February 24: LUNC/USD Regains Strength, Price Hits $0.000169 Level
LUNCUSD – Daily Chart

LUNC/USD is beginning to refresh to the upside as the coin trades at $0.000165 intending to cross above the 9-day and 21-day moving averages. Meanwhile, the Terra Classic price is likely to create additional gains as the higher resistance may come in the next positive direction.

Terra Classic Price Prediction: Terra Classic Price May Spike to the Upside

The Terra Classic price is likely to increase the bullish movement if the price moves toward the upper boundary of the channel. At the moment, the technical indicator Relative Strength Index (14) is moving to cross above the 50-level; and it could send bullish signals into the market to encourage more buyers.

However, if the 9-day moving average crosses above the 21-day moving average, it is for the confirmation that the coin will face the north, and the price could hit the nearest resistance levels at $0.000220, $0.000240, and $0.000260 respectively. On the contrary, if the technical indicator Relative Strength Index (14) drops below the 40-level, there may be a little retreat to the south, which could bring the market price to the support levels of $0.000120, $0.000100, and $0.000080.

Against Bitcoin, Terra Classic (LUNC) stays above the 9-day moving average as the price heads to the upside. Meanwhile, for the fact that the market remains in the descending channel, the crypto is likely to form a bullish movement as the technical indicator Relative Strength Index (14) moves into the overbought region.

LUNCBTC – Daily Chart

However, if the buyers push the market price towards the upper boundary of the channel, the Terra Classic price may touch the resistance level of 0.900 SAT and above. Meanwhile, traders should watch out for any strong selling pressure which could bring the price below the lower boundary of the channel, this could attract new sellers coming into the market with the next focus on the support level of 0.550 SAT and below.

Terra Classic Alternatives

The Terra Classic is undergoing a much-needed break to the positive side and if the market continues the upward movement, the $0.000170 resistance level is likely to surface in the next few positive moves. Moreover, LUNC/USD pair might further look for higher price levels if the bulls continue to show commitment. Nevertheless, the developers of the Fight Out platform truly believe that everyone has the right to be rewarded for their efforts and should have access to customized exercises that don’t cost a fortune. Meanwhile, the FGHT presale is ongoing, and close to $5 million has been raised so far.

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