Terra Classic Price Prediction: LUNC Attempts to Swing Northward ByAzeez MustaphaPRO INVESTOR Updated: 09 June 2022 DisclosureWe sometimes use affiliate links in our content, when clicking on those we might receive a commission – at no extra cost to you. By using this website you agree to our terms and conditions and privacy policy. Join Our Telegram channel to stay up to date on breaking news coverage Terra Classic (LUNC) Price Prediction – June 9The last couple of hours showcases a new directional movement in the LUNC/USD market operations as the trending crypto attempts to swing northward against the American currency.. Price is currently trading around the $0.00007215 with a less minimal percentage value.Terra Classic (LUNC) Price Statistics:LUNC price now – $0.00007148LUNC market cap – $466.5 millionLUNC circulating supply – 6.5 trillionLUNC total supply – 6.9 trillion Coinmarketcap ranking – #216LUNC/USD Market Key Levels: Resistance levels: $0.00009, $0.00010, $0.00011Support levels: $0.00005, $0.00004, $0.00003LUNC/USD – Lon-term Chart The LUNC/USD long-term chart reveals the crypto market attempts to swing northward after downsizing to the tune of $0.00005 during yesterday’s sessions as it eventually finds support around it in the early hours of today. The 14-day SMA indicator has bent toward the upward direction beneath the 50-day SMA. The horizontal line drawn at the $0.00005 support level acts as a critical point against getting a new round of downs. The stochastic Oscillators are in the overbought region to show price has reached a point to relax its activeness for a while. Buy Terra Classic Now Will there be more upswings in the LUNC/USD market over the trading SMA indicators? It may be difficult for the LUNC/USD market bulls to forcefully push above the trading SMA indicators based on the outlook of an overbought reading condition as the crypto attempts to swing northward. Some trading candlesticks have featured at a high-trading spot in the form of convergence to portend a tough time awaiting any further upward motion around the zone from that trading gravity capacity. It would be ideal to allow a pull-down off from the convergence zone aligning with the reading of the Stochastic Oscillator, given a lower range position coupling with an active rebounding motion before launching a long order afterward.On the downside of the technical analysis, selling positions seem to have taken place at the second formation of a bearish candlestick while the price averaged the $0.00009 resistance point t. Bears needed to have launched a sell order around the trend line of the 50-day SMA for an early entry position. They also have to protect their orders by using a stop-loss order. On the contrary, the present trading point provides one of the best buying times for investors to consider joining. Even if the market goes down further should attract more buying orders or additions. LUNC/USD Medium Chart The LUNC/USD medium-term chart reveals the crypto attempts to swing northward. A chain of candlesticks has converged over the trend lines of the SMAs. And most of the candlesticks featured bearish outlooks. The 14-day SMA has touched the 50-day SMA indicator from underneath. The Stochastic Oscillators are in the 40 and 20 range lines, trying to close their lines within. The points between $0.00005 and $0.00007 may serve as the buying spots in the near time. Our Recommended Crypto Exchange for U.S. customers Our Rating 120+ Cryptos Wallet Available Paypal available Licensed and regulated in the U.S. Social trading Platform & copy trading Low trading fees Visit Site 68% of retail investor accounts lose money when trading CFDs with this provider. Read more: How to buy cryptocurrency Join Our Telegram channel to stay up to date on breaking news coverage