Terra Classic (LUNC), which has been accumulating for weeks, has finally exploded, can LUNC, which has risen 37 percent, continue this movement?
LUNC, which has been in a certain price range for a long time, has gained 36.87 percent in the last 24 hours. Despite the weak signals in Bitcoin, LUNC, which increased, also became the most valuable coin of the day. What does the technical analysis show for the rise of LUNC, which started great discussions on social media platforms?
Can LUNC Continue the Ascension?
Surprising the crypto market with a 36.87 percent increase in the last day, can LUNC sustain this momentum? When we look at the 2-hour chart for LUNC, it is seen that there is no healthy chart structure, and that there is a sharp decline after the rise. Bounced from its monthly opening price, LUNC surged to $0.000115, reaching its short-term top price. But what does the LUNC chart represent?
Breaking the resistances one by one, LUNC is currently priced at $0.0000992. In order for the increases in LUNC to continue, 0.000101 – 0.000105 – 0.000111 dollars must be exceeded, respectively. Support levels for LUNC to follow are $0.000093 and $0.0000793.
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