Quickly keeping up with Bitcoin (BTC) surpassing $26,000, Terra Classic (LUNC) gained 12 percent in one day. LUNC, which has reached its lowest value in Binance with the SEC lawsuits and institutional altcoin sales in the past days, targeted the resistance zones in a short time. The recent increase in the activities of the Terra ecosystem also reflected positively on LUNC. Could big ups come for LUNC?
Terra Classic (LUNC) Technical Analysis
LUNC, which increased by 12.80 percent in the last 24 hours, was also the 3rd highest rising coin of the day. Testing $0.000075, LUNC formed the lowest level on Binance. LUNC, which started to recover from this value with a voluminous purchase, increased by 25 percent to $ 0.000093.
In order for the uptrend structure formed in LUNC to continue, the resistance levels that must be overcome are 0.00010 – 0.0000105 – 0.000111 and 0.000121 dollars, respectively. In the short term, these values, in which the sellers can gain superiority, can be followed closely. As support, the hold of 0.0000835 and 0.0000758 could pave the way for big drops for LUNC.
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