{"id":368156,"date":"2023-01-09T01:50:24","date_gmt":"2023-01-09T06:50:24","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=368156"},"modified":"2023-01-09T01:50:24","modified_gmt":"2023-01-09T06:50:24","slug":"terra-luna-classic-price-explodes-out-of-nowhere-as-100m-in-trading-volume-comes-in","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/terra-luna-classic-price-explodes-out-of-nowhere-as-100m-in-trading-volume-comes-in","title":{"rendered":"Terra Luna Classic Price Explodes Out of Nowhere As $100M In Trading Volume Comes In"},"content":{"rendered":"
Terra Luna Classic price is starting the week on a positive note, with gains exceeding 5% in 24 hours. LUNC has attracted over $100 million in trading volume<\/a> as investors turn their attention to altcoins<\/a> such as Solana (SOL), Cardano (ADA) and Lido DAO (LDO). Terra Luna Classic seems poised for a bigger movement on Monday, with bulls looking forward to booking profits at $0.0001931 and $0.00026, respectively.<\/p>\r\n Terra Luna Classic price holds above critical support provided by the 50-day Exponential Moving Average (EMA) (in red) at $0.0001527. Bulls are backing on this support to remain intact in the upcoming sessions as they push through the next hurdle, as highlighted by the upper falling trend line (continuous line).<\/p>\r\n With the uptrend already in motion, it could be a matter of when and not if for Terra Luna Classic price to break and hold above the resistance at $0.00016. Such a move would encourage more buyers to join the market, especially those waiting for LUNC to confirm the bullish momentum.<\/p>\r\n A spike in volume would reinforce the token’s northbound price action, with bulls aiming for the 100-day EMA (in blue) at $0.0001931 and the seller congestion zone between $0.00026 and $0.0002768.<\/p>\r\nTerra Luna Classic Price Mulls Breakout to $0.00026<\/h2>\r\n