Terra Classic Price Prediction for Today, May 23: LUNC/USD Moves to Cross Above $0.000110

The Terra Classic price prediction reveals that LUNC is moving to cross above the 9-day and 21-day moving averages as the coin touches $0.000090.

Terra Classic (LUNC) Prediction Statistics Data:

• LUNC price now – $0.000089
• LUNC market cap – $527.6 billion
• LUNC circulating supply – 5.8 trillion
• LUNC total supply – 6.8 trillion
• LUNC Coinmarketcap ranking – #78

LUNC/USD Market

Key levels:

Resistance Levels: $0.000110, $0.000120, $0.000130

Support Levels: $0.000070, $0.000060, $0.000050

LUNC/USD is likely to cross above the 9-day and 21-day moving averages as the bulls resume into the market. The 9-day moving average is also a key level in the mission to avert the losses and there is a need for it to cross above the 21-day moving average. Alternatively, the LUNC bulls need to find acceptance above the intraday high of $0.000090 to refuel the recovery momentum.

Terra Classic Price Prediction: Can Terra Classic Price Spike Higher?

The Terra Classic price is stable above $0.000087 as it is currently attempting an upside break above the moving averages. Meanwhile, a close above this barrier could open the doors for a larger increase in the coming sessions as LUNC/USD is slowly moving higher. On that note, the key resistance level may be located around $0.000100, while the bulls could hit the potential resistance levels at $0.000110, $0.000120, and $0.000130 in the near term.

On the other hand, if there is no clear break to the upside, there are chances of fresh decline, as the 9-day MA remains below the 21-day MA, the coin may slide and face the negative side. However, the main support may form below the lower boundary of the channel, where the price could dive toward the supports of $0.000070, $0.000060, and $0.000050 while the technical indicator Relative Strength Index (14) moves to cross above the 40-level.

Against Bitcoin, a fresh bullish movement above the upper boundary of the channel could give the impression that buyers are going to dominate the market. The Terra Classic price rises to fill a significant gap as the bulls take the coin toward the resistance level of $0.000330. In a short time, the Terra Classic price may hit $0.000350 if the bullish pressure continues. Otherwise, the price could revisit the support level of $0.000230 and below.

On the upside, a bullish cross above the upper boundary of the channel could touch the resistance at $0.000450 and above. As of now, the Relative Strength Index (14) is moving within the overbought region, this could mean that the Terra Classic price may continue to trade bullishly.

Alternatives to Terra Classic

The Terra Classic price is expected to cross above the 9-day and 21-day moving averages for it to gain the upside. Therefore, if the bulls defend the $0.0000090 level, the coin may continue its upward movement by heading toward the upper boundary of the channel. On that note, AiDoge is taking things to the next level by automating the meme generation process. Each generation is exclusive from the next, this alleviates the issue of the same memes circulating the internet time and time again. Therefore, LHINU has raised almost $12 million in its official presale showing huge excitement from investors.