{"id":387094,"date":"2023-04-20T16:00:02","date_gmt":"2023-04-20T16:00:02","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=387094"},"modified":"2023-04-20T06:53:12","modified_gmt":"2023-04-20T06:53:12","slug":"terra-luna-classic-price-records-a-new-all-time-low-will-bulls-manage-a-do-over-this-time","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/terra-luna-classic-price-records-a-new-all-time-low-will-bulls-manage-a-do-over-this-time","title":{"rendered":"Terra Luna Classic Price Records A New All-Time Low, Will Bulls Manage A Do-Over This Time?"},"content":{"rendered":"<p>After recording an intra-day low of $0.000115 on March 10, bearish momentum has seen Terra Luna Classic price (LUNC) go lower to record an intra-day low of $ 0.000111 on April 16. This marks a new all-time low for the altcoin and comes amid an expanse of dark clouds in the Terra ecosystem, <a href=\"https:\/\/insidebitcoins.com\/news\/terra-luna-price-prediction-luna-lacks-directional-bias-but-signs-point-to-a-continued-downtrend\" target=\"_blank\" rel=\"noopener\">as reported<\/a>.<\/p>\n<p>At the time of writing, LUNC bulls are pushing to restore above the critical support at $0.000120, now turned resistance. A break above this hurdle could inspire a recovery, despite the accumulating overhead pressure. At the time of writing, the altcoin is exchanging hands for $0.000116 after losing almost 10% in the last 24 hours.<\/p>\n<p>Data on CoinMarketCap shows that trading activity in the Terra Luna Classic market is up almost 80%. This points to investors trading the asset for altcoins with more promising price actions. In tandem with the plummeting rates, the altcoin&#8217;s market capitalization has also dipped by around 8% to $686.2 million, kicking LUNC back to position 70 on the CoinMarketCap <a href=\"https:\/\/coinmarketcap.com\/currencies\/terra-luna\/\">list<\/a>.<\/p>\n<h2>Crypto Twitter Building A Campaign To Rescue Terra Luna Classic<\/h2>\n<p>Following the fall from glory that Terra Luna Classic price has displayed, crypto Twitter has started building a <a href=\"https:\/\/twitter.com\/ZoeCham44568179\/status\/1648925797854371841\" target=\"_blank\" rel=\"noopener\">campaign to rescue LUNC<\/a>.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Let\u2019s Bring back <a href=\"https:\/\/twitter.com\/search?q=%24LUNC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$LUNC<\/a> TO $110 \ud83d\udd25 <a href=\"https:\/\/t.co\/I00QvvtkLp\">pic.twitter.com\/I00QvvtkLp<\/a><\/p>\n<p>&mdash; Hailey LUNC \u2733\ufe0f (@TheMoonHailey) <a href=\"https:\/\/twitter.com\/TheMoonHailey\/status\/1648911107732434944?ref_src=twsrc%5Etfw\">April 20, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Among the campaigns that have stood out is the call for United States-based crypto exchange, Coinbase, to relist LUNC.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">RETWEET IF YOU WANT <a href=\"https:\/\/twitter.com\/coinbase?ref_src=twsrc%5Etfw\">@coinbase<\/a>  to list <a href=\"https:\/\/twitter.com\/search?q=%24LUNC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$LUNC<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Terra?src=hash&amp;ref_src=twsrc%5Etfw\">#Terra<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Terraport?src=hash&amp;ref_src=twsrc%5Etfw\">#Terraport<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/LUNC?src=hash&amp;ref_src=twsrc%5Etfw\">#LUNC<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Coinbase?src=hash&amp;ref_src=twsrc%5Etfw\">#Coinbase<\/a> <a href=\"https:\/\/t.co\/OeRQhuhEVo\">pic.twitter.com\/OeRQhuhEVo<\/a><\/p>\n<p>&mdash; Cryptocurrency Updates (@Cryptoupdate07) <a href=\"https:\/\/twitter.com\/Cryptoupdate07\/status\/1648922375248039937?ref_src=twsrc%5Etfw\">April 20, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Notably, some industry players <a href=\"https:\/\/twitter.com\/hilda_dupont\/status\/1648909548885868550\" target=\"_blank\" rel=\"noopener\">believe<\/a> that Coinbase has a special plan in store for the altcoin, but neither CEO Brian Armstrong nor the company itself has hinted to that effect.<\/p>\n<p>Nevertheless, among the narratives that could boost Terra Luna Classic price is the call for validators to build out the network&#8217;s existing testnet infrastructure. LuncBurnArmy touted as a financial technology company, has appealed to those running validators to consider adding a node with their current configuration to the testnet.<\/p>\n<p>In an ideal scenario, the ecosystem would like to see approximately 30% of all validators running nodes on the testnet. Such an outcome could allow for enhanced testing of major version upgrades. Moreover, over the course of the coming week, the LUNC ecosystem will be announcing target dates for the v2.0.0 chain halt &#8216;dress rehearsal&#8217; on the testnet. This will be alongside the v2.0.0 upgrade on the Columbus-5 mainnet.<\/p>\n<p>https:\/\/twitter.com\/luncburnarmy\/status\/1648897310942801920<\/p>\n<p>Once classic core v2.0.0 is successfully launched, the upgrade to Cosmwasm v1.1.0 (parity) will take place. The full target roadmap for the quarter should be released over the course of this coming week.<\/p>\n<h2>KuCoin To Support The Terra Network Upgrade<\/h2>\n<p>Besides Coinbase, KuCoin exchange is also on Terra&#8217;s potential rescue team after <a href=\"https:\/\/www.kucoin.com\/news\/en-kucoin-will-support-the-terra-luna-network-upgrade-20230420\" target=\"_blank\" rel=\"noopener\">committing to support its network upgrade<\/a>. The Terra (<a href=\"https:\/\/insidebitcoins.com\/news\/terra-luna-price-prediction-luna-lacks-directional-bias-but-signs-point-to-a-continued-downtrend\" target=\"_blank\" rel=\"noopener\">LUNA<\/a>) network upgrade will take place at the\u00a0<a href=\"https:\/\/terrasco.pe\/\" target=\"_blank\" rel=\"noopener\">Terra block height of 4,711,800<\/a>. Deposit and withdrawal services of LUNA will be temporarily suspended at\u00a004:30:00 on\u00a0April 20, 2023\u00a0(UTC). KuCoin will handle all technical requirements involved for all users holding LUNA in their KuCoin accounts.<\/p>\n<h2>Terra Luna Classic Price Prediction<\/h2>\n<p>At the time of writing, the Terra Luna Classic price is $0.000115, confronting the immediate barricade at $0.000120. An increase in buying pressure could see LUNC breach this roadblock in an attempted rally north.<\/p>\n<p>A break above the barricade mentioned above could open up the fields for Terra Luna Classic price to battle the next supplier congestion zone between the $0.000120 level and the confluence between the horizontal line and the 50-day Simple Moving Average at $0.000128.<\/p>\n<p>In highly bullish cases, the Terra Luna Classic price could extend a neck up toward the $0.000143 resistance level. Such a move would denote a 10% upswing from the current level.<\/p>\n<p>Notice that the Relative Strength Index (RSI) had just deflected from its southbound move, indicating a bullish effort to prevent further losses.<\/p>\n<figure id=\"attachment_387095\" aria-describedby=\"caption-attachment-387095\" style=\"width: 1192px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/04\/LUNCUSDT_2023-04-20_08-45-22.png\"><img decoding=\"async\" class=\"wp-image-387095 size-full\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/04\/LUNCUSDT_2023-04-20_08-45-22.png\" alt=\"Terra Luna Classic price LUNC\" width=\"1192\" height=\"546\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/04\/LUNCUSDT_2023-04-20_08-45-22.png 1192w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/04\/LUNCUSDT_2023-04-20_08-45-22-300x137.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/04\/LUNCUSDT_2023-04-20_08-45-22-1024x469.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/04\/LUNCUSDT_2023-04-20_08-45-22-768x352.png 768w\" sizes=\"(max-width: 1192px) 100vw, 1192px\" \/><\/a><figcaption id=\"caption-attachment-387095\" class=\"wp-caption-text\"><a href=\"https:\/\/www.tradingview.com\/chart\/fN3ENtnF\/\" target=\"_blank\" rel=\"noopener\">TradingView Chart: LUNC\/USDT 1-Day Chart<\/a><\/figcaption><\/figure>\n<p>However, the odds still favor the bears, judging from the slope of the SMAs, which showed that the path with the least resistance was south. Moreover, the RSI was still below the mean line. The Moving Average Convergence Divergence (MACD) was also in the negative zone, with histograms losing their green feel. This showed that bears were still leading the market and Terra Luna Classic price could still plummet.<\/p>\n<p>If more traders continue fleeing the LUNC market, Terra Luna Classic price could descend below the $0.000113 support level to collect sell-side liquidity under that level.<\/p>\n<h2>LUNC Alternatives<\/h2>\n<p>While Terra Luna Classic price continues in its bearish stretch, consider DeeLance, the revolutionary blockchain ecosystem\u00a0where the world works together smartly.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">DeeLance is a freelancing and recruitment platform based on a decentralized Web3 architecture<a href=\"https:\/\/twitter.com\/hashtag\/blockchain?src=hash&amp;ref_src=twsrc%5Etfw\">#blockchain<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/web3?src=hash&amp;ref_src=twsrc%5Etfw\">#web3<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/freelance?src=hash&amp;ref_src=twsrc%5Etfw\">#freelance<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Deelance?src=hash&amp;ref_src=twsrc%5Etfw\">#Deelance<\/a> <a href=\"https:\/\/t.co\/K0DOA6OcKp\">pic.twitter.com\/K0DOA6OcKp<\/a><\/p>\n<p>&mdash; @LATFAT.zk\ud83d\udca7\u201d (@omotolanifatai3) <a href=\"https:\/\/twitter.com\/omotolanifatai3\/status\/1648786421140840448?ref_src=twsrc%5Etfw\">April 19, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>DeeLance is a freelancing and recruitment platform based on blockchain technology. It touts itself as a decentralized platform ready to revolutionize how freelancers connect with potential employers.<\/p>\n<p>The project is still in the presale stage, having collected $302,162.9 USDT as of press time in the current stage of the presale of its DLANCE token. Notably, a single <a href=\"https:\/\/insidebitcoins.com\/cryptocurrency-price\/deelance-price-prediction\" target=\"_blank\" rel=\"noopener\">DLANCE<\/a> token costs $0.025 USDT for now, but the rate will increase in about three days when the next stage commences. Then, one DLANCE will go for $0.029 USDT and $0.053 USDT upon launch.<\/p>\n<p>As such, now is the ideal time to <a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/buy-deelance-token\" target=\"_blank\" rel=\"noopener\">buy DLANCE<\/a>, winning a chance to enjoy early investor profits once the next stage commences and even more upon launch.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Be part of <a href=\"https:\/\/twitter.com\/hashtag\/Deelance?src=hash&amp;ref_src=twsrc%5Etfw\">#Deelance<\/a> community, buy <a href=\"https:\/\/twitter.com\/search?q=%24DLANCE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$DLANCE<\/a> pre-sale now and enjoy the best social experiences in the <a href=\"https:\/\/twitter.com\/hashtag\/Metaverse?src=hash&amp;ref_src=twsrc%5Etfw\">#Metaverse<\/a><a href=\"https:\/\/twitter.com\/hashtag\/freelance?src=hash&amp;ref_src=twsrc%5Etfw\">#freelance<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Web3?src=hash&amp;ref_src=twsrc%5Etfw\">#Web3<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/blockchain?src=hash&amp;ref_src=twsrc%5Etfw\">#blockchain<\/a> <a href=\"https:\/\/t.co\/0xcgNGxP18\">https:\/\/t.co\/0xcgNGxP18<\/a><\/p>\n<p>&mdash; @LATFAT.zk\ud83d\udca7\u201d (@omotolanifatai3) <a href=\"https:\/\/twitter.com\/omotolanifatai3\/status\/1648769019430723593?ref_src=twsrc%5Etfw\">April 19, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/buy-deelance-token\" target=\"_blank\" rel=\"noopener\">Visit DeeLance here<\/a>.<\/p>\n<h3>Read More:<\/h3>\n<ul>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/terra-luna-price-prediction-luna-lacks-directional-bias-but-signs-point-to-a-continued-downtrend\"><strong>Terra Luna Price Prediction: LUNA Lacks Directional Bias, But Signs Point To A Continued Downtrend<\/strong><\/a><\/li>\n<li><strong><a href=\"https:\/\/insidebitcoins.com\/cryptocurrency-price\/deelance-price-prediction\">DeeLance Price Prediction \u2013 DLANCE Coin Future Potential<\/a><\/strong><\/li>\n<li><strong><a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/buy-deelance-token\">How to Buy DeeLance Token \u2013 DLANCE Presale<\/a><\/strong><\/li>\n<\/ul>\n\n            \n","protected":false},"excerpt":{"rendered":"<div class=\"fin-excerpt\">After recording an intra-day low of $0.000115 on March 10, bearish momentum has seen Terra Luna Classic price (LUNC) go lower to record an intra-day <a class=\"read-more-link\" href=\"https:\/\/insidebitcoins.com\/news\/terra-luna-classic-price-records-a-new-all-time-low-will-bulls-manage-a-do-over-this-time\" title=\"Terra Luna Classic Price Records A New All-Time Low, Will Bulls Manage A Do-Over This Time?\">[&#8230;]<\/a><\/div>","protected":false},"author":1911,"featured_media":387096,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[7596],"tags":[12662,13164,13166,13447,12666,12318,13374],"class_list":["post-387094","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-lunc","tag-lunc-price","tag-lunc-price-analysis","tag-lunc-price-prediction","tag-terra-classic","tag-terra-luna","tag-terra-luna-classic"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.8 (Yoast SEO v23.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Terra Luna Classic Price Records A New All-Time Low, Will Bulls Manage A Do-Over This Time? - InsideBitcoins.com<\/title>\n<meta name=\"description\" content=\"At the time of writing, LUNC bulls are pushing to restore above the critical support at $0.000120, now turned resistance.\" \/>\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\/387094\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Terra Luna Classic Price Records A New All-Time Low, Will Bulls Manage A Do-Over This Time?\" \/>\n<meta property=\"og:description\" content=\"At the time of writing, LUNC bulls are pushing to restore above the critical support at $0.000120, now turned resistance.\" \/>\n<meta property=\"og:site_name\" content=\"InsideBitcoins.com\" \/>\n<meta property=\"article:published_time\" content=\"2023-04-20T16:00:02+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-04-20T06:53:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/04\/Terra-LUNC.png\" \/>\n\t<meta property=\"og:image:width\" content=\"727\" \/>\n\t<meta property=\"og:image:height\" content=\"328\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Lockridge Okoth\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Mocking84266113\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Lockridge Okoth\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/387094#article\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/387094\"},\"author\":{\"name\":\"Lockridge Okoth\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/db77f006c3468d2e63f9fc73e0476742\"},\"headline\":\"Terra Luna Classic Price Records A New All-Time Low, Will Bulls Manage A Do-Over This Time?\",\"datePublished\":\"2023-04-20T16:00:02+00:00\",\"dateModified\":\"2023-04-20T06:53:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/387094\"},\"wordCount\":913,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/387094#primaryimage\"},\"thumbnailUrl\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/04\/Terra-LUNC.png\",\"keywords\":[\"LUNC\",\"LUNC Price\",\"LUNC Price Analysis\",\"LUNC price prediction\",\"Terra Classic\",\"Terra LUNA\",\"Terra Luna Classic\"],\"articleSection\":[\"Breaking Crypto News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/387094#respond\"]}],\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/387094\",\"url\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/387094\",\"name\":\"Terra Luna Classic Price Records A New All-Time Low, Will Bulls Manage A Do-Over This Time? 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