Terra Classic

Resistance

Terra

Daily

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>Terra Classic price prediction showcases the consolidation phase of LUNC crypto inside a horizontal range.</a> </li> 
 <li> <span>2</span> <a>LUNC crypto has declined below the 20, 50, 100 and 200-days Daily Moving Average.</a> </li> 
 <li> <span>3</span> <a>The pair of LUNC/BTC was at 0.00000000276 BTC with a 1.40% intraday drop.</a> </li> 
</ul> 
<p>Terra Classic price prediction suggests that the consolidation phase of LUNC crypto is inside the horizontal price range of $0.00008017 and $0.00009724. Meanwhile, LUNC crypto slipped till the lowest level and has been consolidating since May 2023. Terra Classic price can be seen trading near the lower trendline of the horizontal range-bound area and may get support to surge. However, sellers have been continuously pulling LUNC crypto from the upper level.</p> 
<p>Terra Classic price was at $0.00008117 and lost 0.02% of its market capitalization during the day’s trading session. However, trading volume is up by 18.82% during the intraday trading session. This demonstrates buyers are getting involved in the trade to push LUNC crypto upwards. Volume to market cap ratio was at 0.0349.</p> 
<h2 class="wp-block-heading" id="strong-terra-classic-price-prediction-technical-analysis-strong"><strong>Terra Classic Price Prediction: Technical Analysis</strong></h2> 
<div class="wp-block-image"> 
 <figure class="aligncenter"> 
  <img decoding="async" src="https://lh3.googleusercontent.com/YWZO5PV87qZLEcNp1jPF08BOrfGwXVm0ygQ6acy-MDNpOrc2ns7Q4Jh_d1rJW_9qWIVR1FnmB74aMind2Bedz8PYsaBMZ5MbxG1kMe9Ase9YMwn-p_5Z4mRCgcAn_DMcJN6xeucIRTTG4Bl-SCZi5A" alt="Terra Classic Price Prediction: Will LUNC Escape Consolidation?"> 
  <figcaption class="wp-element-caption">
    Source: LUNC/USDT by <a href="https://www.tradingview.com/x/LkF6Zmt3/" rel="noopener noreferrer nofollow">TradingView</a> 
  </figcaption> 
 </figure> 
</div> 
<p>Terra Classic price showcases the caged status of LUNC crypto inside the horizontal price range over the daily time frame chart. Terra Classic price prediction states how LUNC crypto needs to attract more buyers in order to surge towards the upper threshold of the consolidation phase. However, volume change can be seen below average and needs to grow in favor of bulls.&nbsp;</p> 
<p>Meanwhile, LUNC crypto has declined below the 20, 50, 100 and 200-days Daily Moving Averages. LUNC crypto had tried multiple times to register its breakout but couldn’t sustain at the upper price range of the consolidation phase and slumped instead.</p> 
<p>However, in the recent past, LUNC has shown a poor record. Terra Classic price has lost 5.98% in a week and 7.14% in a month. Moreover, LUNC crypto has dropped 22.91% in the last three months. Also, Terra Classic crypto has slipped around 52.68% in the last six months and 44.04% year-to-date. This showcases that 2023 has not been great for LUNC <a href="https://www.thecoinrepublic.com/2023/07/29/protecting-your-bitcoin-safeguarding-against-cryptocurrency-scams-and-fraud/" target="_blank" rel="noopener noreferrer nofollow">cryptocurrency</a>, yet.</p> 
<p>Technical indicators suggest Terra Classic price is in a consolidation phase. The relative strength index (RSI) showcases the sideways momentum of LUNC cryptocurrency. However, the moving average convergence divergence (MACD) exhibits the downtrend momentum of LUNC crypto inside the consolidation phase.</p> 
<p>RSI was at 39 and was flat below neutrality, waiting for any directional change. On the other hand, the MACD line is below the signal line after a negative crossover.&nbsp;</p> 
<p>Investors in Terra Classic cryptocurrency need to wait for any directional change over the daily time frame chart.</p> 
<h4 class="wp-block-heading"><strong>Summary</strong></h4> 
<p>Terra Classic price prediction suggests that the consolidation phase of LUNC crypto is inside the horizontal price range of $0.00008017 and $0.00009724. However, the volume has not been in favor of the bulls for a while. Terra Classic price has lost 5.98% in a week and 7.14% in a month. Technical indicators also highlight the consolidation phase of Terra Classic price. Investors in Terra Classic cryptocurrency need to wait for any directional change over the daily time frame chart.</p> 
<h5 class="wp-block-heading"><strong>Technical Levels</strong></h5> 
<p>Support Levels: $0.00008020 and $0.00007580</p> 
<p>Resistance Levels: $0.00008675 and $0.00009725</p> 
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5> 
<p>The views and opinions stated by the author, or any people named in this article, are for informational purposes only, and they do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.</p>

Terra Classic Price Prediction: Will LUNC Escape Consolidation?

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Thecoinrepublic.com

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