Shift

Terra Classic

Terra

Coin

<ul class="news-points"> 
 <li><strong>LUNC price hits 52-week low amidst bearish pressure.</strong></li> 
 <li><strong>Trading volume surges as the LUNC market tests oversold levels.</strong></li> 
 <li><strong>Bullish momentum hinted as indicators point to a potential trend shift.</strong></li> 
</ul> 
<p>In the previous 24 hours, bearish sentiment in the <a href="https://coinedition.com/tag/terra-luna-classic-lunc/" rel="noopener noreferrer nofollow">Terra Classic (LUNC)</a> market drove the price down from an intraday high of $0.0005888 to a 52-week low of $0.00006461 before finding support. At press time, LUNC was trading at $0.00007038, a 9.16% decrease from its previous closing price.</p> 
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   <p lang="en" dir="ltr">This is undeniable proof that OX DAO (Formerly known as <a href="https://twitter.com/search?q=%24LUNC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$LUNC</a> Dao) is trying to take over <a href="https://twitter.com/hashtag/LUNC?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#LUNC</a> by dumping the price. <a href="https://t.co/kqtDdwIxbr" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/kqtDdwIxbr</a></p>— Classy 
   <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f52e.png" alt="🔮" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@ClassyCrypto_) <a href="https://twitter.com/ClassyCrypto_/status/1691536105290543105?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">August 15, 2023</a> 
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<p>LUNC’s market capitalization fell by 10.15% to $410.04 million, but its 24-hour trading volume increased by 141.55% to $47.11 million. This surge indicates substantial trading activity in the Terra Classic market, most likely driven by pessimistic sentiment.</p> 
<p>The rapid price decline and increased trading volume indicate that many traders were likely attempting to exit their positions, possibly driven by profit-taking and panic selling.</p> 
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  <img decoding="async" width="940" height="652" src="https://coinedition.com/wp-content/uploads/2023/08/image-13.png" alt="LUNC/USD 24-hour price chart" class="wp-image-329353" srcset="https://coinedition.com/wp-content/uploads/2023/08/image-13.png 940w, https://coinedition.com/wp-content/uploads/2023/08/image-13-300x208.png 300w, https://coinedition.com/wp-content/uploads/2023/08/image-13-252x175.png 252w, https://coinedition.com/wp-content/uploads/2023/08/image-13-380x264.png 380w, https://coinedition.com/wp-content/uploads/2023/08/image-13-768x533.png 768w, https://coinedition.com/wp-content/uploads/2023/08/image-13-565x392.png 565w, https://coinedition.com/wp-content/uploads/2023/08/image-13-101x70.png 101w, https://coinedition.com/wp-content/uploads/2023/08/image-13-128x89.png 128w, https://coinedition.com/wp-content/uploads/2023/08/image-13-206x143.png 206w, https://coinedition.com/wp-content/uploads/2023/08/image-13-642x445.png 642w, https://coinedition.com/wp-content/uploads/2023/08/image-13-356x247.png 356w, https://coinedition.com/wp-content/uploads/2023/08/image-13-346x240.png 346w, https://coinedition.com/wp-content/uploads/2023/08/image-13-238x165.png 238w, https://coinedition.com/wp-content/uploads/2023/08/image-13-304x211.png 304w, https://coinedition.com/wp-content/uploads/2023/08/image-13-267x185.png 267w, https://coinedition.com/wp-content/uploads/2023/08/image-13-117x81.png 117w, https://coinedition.com/wp-content/uploads/2023/08/image-13-108x75.png 108w" sizes="(max-width: 940px) 100vw, 940px"> 
  <figcaption class="wp-element-caption"> <em>LUNC/USD 24-hour price chart (source: <a href="https://coinmarketcap.com/currencies/terra-luna/#News" target="_blank" rel="noopener noreferrer nofollow">CoinMarketCap</a>)</em> 
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<p>The Re…</p> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/lunc-records-a-52-week-low-indicators-hint-at-potential-trend-shift/">LUNC Records a 52-Week Low, Indicators Hint at Potential Trend Shift</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

LUNC Records a 52-Week Low, Indicators Hint at Potential Trend Shift

Coin Edition

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