Terra Classic (LUNC) was one of the coins that reacted the fastest to the recovery in Bitcoin (BTC), can this rise continue?
BTC, which tested $ 27,450 with a sharp move from $ 25,350, became a drug to the altcoin market. Testing the support levels one by one, altcoins took the attack by finding strength from the rapid rise of BTC. One of the most striking names among these coins was LUNC. With a 23.59 percent increase in the last 24 hours, can LUNC start its own bull season?
Can Terra Classic (LUNC) Maintain Its Upward Acceleration?
Rising before the SEC sued Coinbase and Binance, LUNC attacked again as the situation settled. The momentum of LUNC, which increased 38 percent in the last week, was disrupted by the fud news from the SEC. But the Binance CEO’s stance on the events gave the crypto investor confidence. With this situation, BTC, which increased rapidly, brought altcoins after it.
In order for the upwards in LUNC to continue, the resistance levels that must be overcome are 0.000101 – 0.000105 – 0.000111 and 0.000117, respectively. The regions where buyers can play an active role are 0.000093 and 0.0000793 dollars.