Terra Classic Price Prediction: LUNC Hikes Toward $0.0004

Terra Classic (LUNC) Price Prediction – October 2
Today is the second-day trading session, observing the top trending crypto as the Terra Classic market remains the leading instrument among others until the moment. The LUNC/USD trade hikes toward the $0.0004 resistance point. The last several hours have produced high and low of $0.0003629 and $0.0002984 value lines at an appreciable positive percentage rate of 14.72.

Terra Classic (LUNC) Price Statistics:
LUNC price now – $0.0003363
LUNC market cap – $2.1 billion
LUNC circulating supply – 6.2 trillion
LUNC total supply – 6.9 trillion
Coinmarketcap ranking – #31

LUNC/USD Market
Key Levels:
Resistance levels: $0.0004, $0.00045, $0.0005
Support levels: $0.0003, $0.00025, $0.0002

L/USD – Lon-term Chart
The LUNC/USD long-term chart showcases the crypto market hikes toward the $0.00040 resistance level. A bullish candlestick has formed on the buying signal side of the smaller SMA’s trend line. The 14-day SMA indicator is at $0.0002842, over the $0.0002007 value line of the 50-day SMA indicator. The Stochastic Oscillators are posing a warning signal against jumping along the trend at a high-trading zone as they are at 83.02 and 94.27 range points.

Buy Terra Classic Now

Your capital is at risk

Is it worth cautioning against launching more buying orders in the LUNC/USD trade around the 14-day SMA’s point?

Technically, it is worth cautioning against launching more buying orders in the LUNC/USD business operation by now, especially around the value line of the 14-day SMA, as though price hikes toward the $0.00040 resistance level. As of this time, bullish momentum is still in force with a slight reversal-moving mode to tell long-position placers to be wary of launching fresh buying orders at the current trading ability pace.

On the downside of the technical analysis, bears may find a better chance to push back against the LUNC/USD market valuation around the resistance of $0.00040. But, they would have to be patient until a kind of convergence occurs around the value line before looking for an active correction-moving manner to leverage an instant execution of a selling order. In a scenario where the resistance line breaches northward, the $0.00050 resistance level will be the next target.

LUNC/USD Medium Chart

The LUNC/USD medium-term chart reveals the crypto market hikes toward the $0.00040 resistance level above buying signal sides of the SMA trend lines. The 14-day SMA indicator has slightly detached northward from the conjoined area with the 50-day SMA. The Stochastic Oscillators have penetrated the overbought region, maintaining posture portending the possibility of a re-occurrence of declining motion in the near time. Therefore, buyers may have to hold on for a while.

Tamadoge – Play to Earn Meme Coin

• Earn TAMA in Battles With Doge Pets
• Maximum Supply of 2 Bn, Token Burn
• Now Listed on OKX, Bitmart, Uniswap
• Upcoming Listings on LBank, MEXC

Read more: