{"id":349103,"date":"2022-10-01T17:53:20","date_gmt":"2022-10-01T21:53:20","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=349103"},"modified":"2024-07-05T15:47:08","modified_gmt":"2024-07-05T15:47:08","slug":"terra-classic-price-prediction-lunc-usd-price-spikes-above-0-00029-level","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/terra-classic-price-prediction-lunc-usd-price-spikes-above-0-00029-level","title":{"rendered":"Terra Classic Price Prediction: LUNC\/USD Price Spikes Above $0.00029 Level"},"content":{"rendered":"

The Terra Classic price is fighting to hold above the $0.00030 but overhead pressure continues to make this task a difficult one for the bulls.<\/p>\n

LUNC\/USD Long-term Trend: Ranging (Daily Chart)<\/h2>\n

Key levels:<\/p>\n

Resistance Levels: $0.00050, $0.00055, $0.00060<\/p>\n

Support Levels: $0.00012, $0.00010, $0.00008<\/p>\n

\"Terra
LUNCUSD – Daily Chart<\/figcaption><\/figure>\n

Buy Terra Classic Now<\/strong><\/span><\/a>\n<\/p>

Your capital is at risk<\/p>\n

At the time of writing, LUNC\/USD is trading above the 9-day and 21-day moving averages to avoid extending the bearish leg to $0.00020. The 9-day moving average is also a key level in the mission to avert the losses, perhaps the need for it to cross above the 21-day moving average. Alternatively, the LUNC<\/a> bulls need to find acceptance above the intraday high of $0.00030 to refuel the recovery momentum.<\/p>\n

Terra Classic Price Prediction: Can Terra Classic Price Go Higher?<\/h2>\n

The Terra Classic price<\/a> is stable above $0.00030 as it is currently attempting an upside break above the 9-day and 21-day moving averages. Meanwhile, a close above $0.00030 could open the doors for a larger increase in the coming sessions as LUNC\/USD is slowly moving higher towards the $0.00035 resistance level. However, the key resistance level may be located around $0.00040, while the bulls could hit the potential resistance levels at $0.00050, $0.00055, and $0.00060 in the near term.<\/p>\n

On the other hand, if there is no clear break above the moving averages, there are chances of fresh decline. However, as the 9-day MA remains below the 21-day MA, the coin may stay on the negative side and initial support is near the $0.00025 level. However, the main support may form near this level, below which the price could dive towards the supports of $0.00012, $0.00010, and $0.00008 as the technical indicator Relative Strength Index (14) remains above the 50-level.<\/p>\n

LUNC\/USD Medium-Term Trend: Ranging (4H Chart)<\/h2>\n

On the 4-hour chart, a fresh bullish movement gives the impression that buyers are likely to dominate the market. However, the Terra Classic price rises to fill a significant gap as the bulls may take the coin towards the $0.00033. In a short time, the Terra Classic price may hit $0.00035 if the bullish pressure continues. Otherwise, the price may revisit the supports of $0.00025 and below.<\/p>\n

\"\"
LUNCUSD – 4-Hour Chart<\/figcaption><\/figure>\n

On the upside, a bullish move may hit the resistance at $0.00038 and above. As of now, the Relative Strength Index (14) is moving above the 60-level, this could mean that the Terra Classic price may face the upper boundary of the channel.<\/p>\n\n \n","protected":false},"excerpt":{"rendered":"

The Terra Classic price is fighting to hold above the $0.00030 but overhead pressure continues to make this task a difficult one for the bulls. 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