{"id":380409,"date":"2023-03-15T16:00:52","date_gmt":"2023-03-15T16:00:52","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=380409"},"modified":"2023-03-15T14:17:21","modified_gmt":"2023-03-15T14:17:21","slug":"lunc-price-prediction","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/lunc-price-prediction","title":{"rendered":"LUNC Price Prediction: LUNC Is in a Recovery Mode. Can It Reach Its Previous Resistance at $0.00021?"},"content":{"rendered":"<p><span style=\"font-weight: 400\">The weekend was marked by a series of events related to exposure disclosures by fallen US banks, causing a significant surge in the price of Terra Luna Classic (LUNC).&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400\">Despite this, <\/span><a href=\"https:\/\/insidebitcoins.com\/news\/lunc-price-prediction-lunc-bulking-the-bearish-trend-as-broader-market-struggles-rebounds-as-the-crypto-market-rallies\"><span style=\"font-weight: 400\">the support at $0.00012 held firm<\/span><\/a><span style=\"font-weight: 400\">, preventing LUNC from dropping below $0.00012.&nbsp; Experts had previously predicted that if LUNC fell below the broken support at $0.00014, it could sweep through the liquidity at the $0.00012 level. As expected, there was a rapid and strong rebound from the support level, and LUNC began to trade aggressively upward on Monday, <\/span><a href=\"https:\/\/insidebitcoins.com\/news\/lunc-price-prediction-lunc-is-up-8-in-24-hrs-to-0-00013-can-it-still-hit-1\"><span style=\"font-weight: 400\">reaching $0.0001336<\/span><\/a><span style=\"font-weight: 400\">.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Cremation Coin Burns 106M Terra Classic (<a href=\"https:\/\/twitter.com\/hashtag\/LUNC?src=hash&amp;ref_src=twsrc%5Etfw\">#LUNC<\/a>) in One Transaction<a href=\"https:\/\/twitter.com\/search?q=%24LUNC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$LUNC<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/USTC?src=hash&amp;ref_src=twsrc%5Etfw\">#USTC<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/USDD?src=hash&amp;ref_src=twsrc%5Etfw\">#USDD<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/USDT?src=hash&amp;ref_src=twsrc%5Etfw\">#USDT<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/USDC?src=hash&amp;ref_src=twsrc%5Etfw\">#USDC<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/BNB?src=hash&amp;ref_src=twsrc%5Etfw\">#BNB<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/BTC?src=hash&amp;ref_src=twsrc%5Etfw\">#BTC<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Binance?src=hash&amp;ref_src=twsrc%5Etfw\">#Binance<\/a> <a href=\"https:\/\/t.co\/uKoRZMWIc4\">pic.twitter.com\/uKoRZMWIc4<\/a><\/p>\n<p>&mdash; LUNC NEWS &#9889;&#65039; (@Chot4a) <a href=\"https:\/\/twitter.com\/Chot4a\/status\/1635575377404862466?ref_src=twsrc%5Etfw\">March 14, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400\">&nbsp;This upward movement was accompanied by a substantial 167% increase in 24-hour trading volume, which suggests growing investor interest and momentum behind LUNC. This surge in trading volume is often used as an indicator of investors&rsquo; willingness to accumulate and hold LUNC, which could lead to a sustained upward trend in price. If this trend continues, LUNC could reach its <\/span><a href=\"https:\/\/insidebitcoins.com\/news\/terra-classic-price-prediction-for-today-february-7-lunc-usd-ranges-as-price-touches-0-000210-level\"><span style=\"font-weight: 400\">new 2023 high of $0.00021<\/span><\/a><span style=\"font-weight: 400\">. LUNC will consolidate between $0.00012 and $0.00014 for a few weeks before deciding on its next direction.<\/span><\/p>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-380414\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/03\/Lunc-Price.jpeg\" alt=\"Lunc Price according to CoinGecko on  3\/15\/2023\" width=\"1454\" height=\"857\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/03\/Lunc-Price.jpeg 1454w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/03\/Lunc-Price-300x177.jpeg 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/03\/Lunc-Price-1024x604.jpeg 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/03\/Lunc-Price-240x140.jpeg 240w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/03\/Lunc-Price-768x453.jpeg 768w\" sizes=\"(max-width: 1454px) 100vw, 1454px\"><\/p>\n<p><span style=\"font-weight: 400\">At the time of writing, Terra Luna Classic (LUNC) is <\/span><a href=\"https:\/\/www.coingecko.com\/en\/coins\/terra-luna-classic\"><span style=\"font-weight: 400\">trading at $0.00013287<\/span><\/a><span style=\"font-weight: 400\"> with a 24-hour trading volume of $114,758,302. Over the past 24 hours, LUNC has experienced a slight decrease in price of -0.02%, and over the past 7 days, it has seen a decline of -6.54%. With a circulating supply of 5.9 trillion LUNC, the current market capitalization of Terra Luna Classic is estimated at $786,499,542.<\/span><\/p>\n<h2><span style=\"font-weight: 400\">LUNC\/USD 4Hr Chart Analysis<\/span><\/h2>\n<p><span style=\"font-weight: 400\">On the four-hour chart, the support level at $0.00012 played a significant role in facilitating the bullish momentum seen on Monday. However, buyers should prepare for a more significant challenge at $0.00014.<\/span><\/p>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-380415\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/03\/LUNC-PRICE-TRADING-VIEW.jpeg\" alt=\"Lunc price prediction according to trading view on 3\/15\/2023\" width=\"1600\" height=\"773\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/03\/LUNC-PRICE-TRADING-VIEW.jpeg 1600w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/03\/LUNC-PRICE-TRADING-VIEW-300x145.jpeg 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/03\/LUNC-PRICE-TRADING-VIEW-1024x495.jpeg 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/03\/LUNC-PRICE-TRADING-VIEW-768x371.jpeg 768w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/03\/LUNC-PRICE-TRADING-VIEW-1536x742.jpeg 1536w\" sizes=\"(max-width: 1600px) 100vw, 1600px\"><\/p>\n<p><span style=\"font-weight: 400\">Although the 50-day Exponential Moving Average (EMA) (indicated by the blue line) at $0.0001336 slowed LUNC&rsquo;s upward momentum, a daily close above this price level is crucial for continuing the uptrend.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Investors uncertain about LUNC&rsquo;s ability to sustain its recovery will observe the market to confirm that $0.0001336 acts as support before committing to the project. Such a move is necessary to maintain confidence in the uptrend and open up opportunities for further bullish developments.<\/span><\/p>\n<h2><span style=\"font-weight: 400\">Bullish Trend for LUNC<\/span><\/h2>\n<p><span style=\"font-weight: 400\">Terra Luna Classic&rsquo;s (LUNC) price is bullish, supported by the Moving Average Convergence Divergence (MACD) indicator&rsquo;s buy signal. The MACD line has crossed above the signal line, which suggests that investors are likely to buy LUNC.<\/span><\/p>\n<p><span style=\"font-weight: 400\">To further confirm the bullish trend, LUNC needs to move into the positive region above the mean line at 0.00. The first key target is the 50-day Exponential Moving Average (EMA), which has already been tapped. However, it must be confirmed as support for LUNC&rsquo;s price to continue trending upward.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The second critical target is $0.00014, which may include the 100-day EMA on the same four-hour chart. Extremely bullish traders may want to wait for another spike before closing their positions at this level.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Investors should consider cashing out at the 50-day EMA and placing new buy orders after LUNC&rsquo;s price affirms its position above $0.0001336. The 100-day EMA would be the second target, with a potential entry for gains aiming for the 61.8% Fibonacci retracement level, highlighted by the 61.8% Fibonacci level at $0.0001532.<\/span><\/p>\n<h2><span style=\"font-weight: 400\">LUNC Price Prediction<\/span><\/h2>\n<p><span style=\"font-weight: 400\">If LUNC maintains its uptrend above the 200-day EMA, investors may expect an explosive move to $0.00018 and $0.00021, respectively.<\/span><\/p>\n<p><span style=\"font-weight: 400\">On the downside, if LUNC fails to break above the 50-day EMA, the recovery seen on Monday may be dampened. There is also a possibility of another sweep at the major support level at $0.00012, especially with the crypto market potentially facing increased contagion from collapsing US banks.<\/span><\/p>\n<h2><span style=\"font-weight: 400\">Related<\/span><\/h2>\n<ul>\n<li style=\"font-weight: 400\"><a href=\"https:\/\/insidebitcoins.com\/news\/terra-classic-price-prediction-for-today-february-7-lunc-usd-ranges-as-price-touches-0-000210-level\"><span style=\"font-weight: 400\">Terra Classic Price Prediction for Today, February 3: LUNC\/USD Ranges as Price Touches $0.000210 Level<\/span><\/a><\/li>\n<li style=\"font-weight: 400\"><a href=\"https:\/\/insidebitcoins.com\/news\/signature-bank-seized-is-it-the-end-of-crypto-supporting-banks\"><span style=\"font-weight: 400\">Signature Bank Seized &ndash; Is it the end of Crypto Supporting Banks?<\/span><\/a><\/li>\n<li style=\"font-weight: 400\"><a href=\"https:\/\/insidebitcoins.com\/news\/bitcoin-price-prediction-for-today-march-14-btc-usd-retreats-after-trading-above-26k\"><span style=\"font-weight: 400\">Bitcoin Price Prediction for Today, March 14: BTC\/USD Retreats After Trading Above $26k<\/span><\/a><\/li>\n<\/ul>\n                                        <div class=\"inContentProviderSingle inContentColor--insidebitcoins fc-row\">\n                        <div class=\"inContentProviderSingle--wrapper\">\n                            <div class=\"container\">\n                                <div class=\"row mb-lg-3\">\n                                    <div class=\"col-12 col-md-8\">\n                                        <p class=\"inContentProviderSingle--title\">Best Wallet - Diversify Your Crypto Portfolio<\/p>\n                                    <\/div>\n                                    <div class=\"col-12 col-md-4\">\n                                        <div class=\"inContentProviderSingle--rating\">\n    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<\/div><!--\/.inContentProvider--single-->\n                            \n            \n","protected":false},"excerpt":{"rendered":"<div class=\"fin-excerpt\">The weekend was marked by a series of events related to exposure disclosures by fallen US banks, causing a significant surge in the price of <a class=\"read-more-link\" href=\"https:\/\/insidebitcoins.com\/in-content-providers\/a-default-box\" title=\"A Default Box\">[&#8230;]<\/a><\/div>","protected":false},"author":1907,"featured_media":380412,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[12259,12662,13164,13447,12666],"class_list":["post-380409","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-more-crypto-news","tag-luna","tag-lunc","tag-lunc-price","tag-lunc-price-prediction","tag-terra-classic"],"acf":[],"yoast_head":"<!-- This site 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Can It Reach Its Previous Resistance at $0.00021? - InsideBitcoins.com<\/title>\n<meta name=\"description\" content=\"Lunc is currently on recovery mode and is looking to break its previous resistance at $0.00021. Here is todays LUNC price prediction.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/380409\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LUNC Price Prediction: LUNC Is in a Recovery Mode. 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Can It Reach Its Previous Resistance at $0.00021? - InsideBitcoins.com\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/380409#primaryimage\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/380409#primaryimage\"},\"thumbnailUrl\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/03\/Untitled-design.jpg\",\"datePublished\":\"2023-03-15T16:00:52+00:00\",\"dateModified\":\"2023-03-15T14:17:21+00:00\",\"description\":\"Lunc is currently on recovery mode and is looking to break its previous resistance at $0.00021. 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Can It Reach Its Previous Resistance at $0.00021?","datePublished":"2023-03-15T16:00:52+00:00","dateModified":"2023-03-15T14:17:21+00:00","mainEntityOfPage":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/380409"},"wordCount":641,"commentCount":0,"publisher":{"@id":"https:\/\/insidebitcoins.com\/#organization"},"image":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/380409#primaryimage"},"thumbnailUrl":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/03\/Untitled-design.jpg","keywords":["LUNA","LUNC","LUNC Price","LUNC price prediction","Terra Classic"],"articleSection":["More Crypto News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/380409#respond"]}]},{"@type":"WebPage","@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/380409","url":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/380409","name":"LUNC Price Prediction: LUNC Is in a Recovery Mode. Can It Reach Its Previous Resistance at $0.00021? - InsideBitcoins.com","isPartOf":{"@id":"https:\/\/insidebitcoins.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/380409#primaryimage"},"image":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/380409#primaryimage"},"thumbnailUrl":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/03\/Untitled-design.jpg","datePublished":"2023-03-15T16:00:52+00:00","dateModified":"2023-03-15T14:17:21+00:00","description":"Lunc is currently on recovery mode and is looking to break its previous resistance at $0.00021. Here is todays LUNC price prediction.","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/380409"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/380409#primaryimage","url":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/03\/Untitled-design.jpg","contentUrl":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/03\/Untitled-design.jpg","width":740,"height":370,"caption":"LUNC PRICE PREDICTION"},{"@type":"WebSite","@id":"https:\/\/insidebitcoins.com\/#website","url":"https:\/\/insidebitcoins.com\/","name":"InsideBitcoins.com","description":"Search &amp; Compare Brokers within Crypto, Forex &amp; Stocks","publisher":{"@id":"https:\/\/insidebitcoins.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/insidebitcoins.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/insidebitcoins.com\/#organization","name":"InsideBitcoins","url":"https:\/\/insidebitcoins.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/insidebitcoins.com\/#\/schema\/logo\/image\/","url":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/07\/insidebitcoins.svg","contentUrl":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/07\/insidebitcoins.svg","width":195,"height":32,"caption":"InsideBitcoins"},"image":{"@id":"https:\/\/insidebitcoins.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/insidebitcoins.com\/#\/schema\/person\/72acfe14b9166e2ecc820938305f46b6","name":"Evans Karanja","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/insidebitcoins.com\/#\/schema\/person\/image\/","url":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/01\/avatar_user_1907_1673887208-96x96.png","contentUrl":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/01\/avatar_user_1907_1673887208-96x96.png","caption":"Evans Karanja"},"description":"Evans Karanja is a content writer and scriptwriter with a focus on crypto and blockchain and video gaming. 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