Cryptocurrency

2024

Terra Classic

Terra

<div class="finbold">
 <p class="paragraph">As the bullish trend returns for many cryptocurrencies, Terra Classic (LUNC) seems to have only recently halted its decline from previous weeks and months, and machine <a rel="noopener noreferrer nofollow" title="learning" href="https://thebittimes.com/tag/learning.html">learning</a> and artificial intelligence (AI) <a rel="noopener noreferrer nofollow" title="algorithm" href="https://thebittimes.com/tag/algorithm.html">algorithm</a>s are optimistic about its <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> by the end of this month.</p>
 <p class="paragraph">Specifically, the advanced <a rel="noopener noreferrer nofollow" title="algorithm" href="https://thebittimes.com/tag/algorithm.html">algorithm</a>s over at the crypto and stock analytics platform <em>CoinCodex</em> see the <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> of Terra Classic making a gentle upward movement, setting its <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> at $0.000107 on February 29, 2024, according to the most recent information retrieved by Finbold on February 2.</p>
 <figure class="wp-block-image"><img decoding="async" width="1441" height="477" src="https://cdn.thebittimes.com/images/2024/02/02/2059094f3dddf59103143eb29a09573d.webp" alt class="wp-image-152871" srcset="https://cdn.thebittimes.com/images/2024/02/02/2059094f3dddf59103143eb29a09573d.webp 1441w, https://cdn.thebittimes.com/images/2024/02/02/2059094f3dddf59103143eb29a09573d.webp 300w, https://cdn.thebittimes.com/images/2024/02/02/2059094f3dddf59103143eb29a09573d.webp 1024w, https://cdn.thebittimes.com/images/2024/02/02/2059094f3dddf59103143eb29a09573d.webp 768w" sizes="(max-width: 1441px) 100vw, 1441px">
  <figcaption class="wp-element-caption"><em>Terra Classic 1-month price prediction. Source: </em><em>CoinCodex</em>
  </figcaption>
 </figure>
 <p class="paragraph">Indeed, should these predictions, which the machine learning algorithm has calculated on the basis of Terra Classic’s historical price dataset and other indicators, become a reality, they would represent an increase of 13.83% to its price at press time.</p>
 <h2 class="wp-block-heading" id="h-terra-classic-price-analysis">Terra Classic price analysis</h2>
 <p class="paragraph">As things stand, the <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> of Terra Classic currently amounts to $0.000094, recording an increase of 0.56% in the last 24 hours, albeit declining 1.54% across the previous seven days and losing 20.83% over the past month, as the latest charts demonstrate.</p>
 <figure class="wp-block-image alignleft"><img decoding="async" width="1200" height="800" src="https://cdn.thebittimes.com/images/2024/02/02/67c9586116b642fc7411acba784a6446.webp" alt class="wp-image-152872" srcset="https://cdn.thebittimes.com/images/2024/02/02/67c9586116b642fc7411acba784a6446.webp 1200w, https://cdn.thebittimes.com/images/2024/02/02/67c9586116b642fc7411acba784a6446.webp 300w, https://cdn.thebittimes.com/images/2024/02/02/67c9586116b642fc7411acba784a6446.webp 1024w, https://cdn.thebittimes.com/images/2024/02/02/67c9586116b642fc7411acba784a6446.webp 768w" sizes="(max-width: 1200px) 100vw, 1200px">
  <figcaption class="wp-element-caption"><em>LUNC 30-day price chart. Source: </em><em>Finbold</em>
  </figcaption>
 </figure>
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 <p class="paragraph">At the same time, the 7-day technical analysis (TA) sentiment gauges deployed by the finance and crypto market analytics website <em>TradingView</em> are bearish about LUNC, their summary pointing at a ‘sell,’ based on moving averages (MA) suggesting a ‘strong sell’ at 8 and oscillators in the ‘sell’ position at 2.</p>
 <figure class="wp-block-image"><img loading="lazy" decoding="async" width="1441" height="477" src="https://cdn.thebittimes.com/images/2024/02/02/2059094f3dddf59103143eb29a09573d.webp" alt class="wp-image-152870" srcset="https://cdn.thebittimes.com/images/2024/02/02/2059094f3dddf59103143eb29a09573d.webp 1441w, https://cdn.thebittimes.com/images/2024/02/02/2059094f3dddf59103143eb29a09573d.webp 300w, https://cdn.thebittimes.com/images/2024/02/02/2059094f3dddf59103143eb29a09573d.webp 1024w, https://cdn.thebittimes.com/images/2024/02/02/2059094f3dddf59103143eb29a09573d.webp 768w" sizes="(max-width: 1441px) 100vw, 1441px">
  <figcaption class="wp-element-caption"><em>LUNC 1-week sentiment gauges. Source: </em><em>TradingView</em>
  </figcaption>
 </figure>
 <p class="paragraph">All things considered, Terra Classic might have a chance at reaching the result forecast by the machine algorithms. However, things could easily go downhill in this industry, which is why doing one’s own research and weighing the risk tolerance is important.</p>
 <p class="paragraph"><strong><em>Disclaimer:</em></strong><em> The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.</em></p>
 <p class="paragraph"></p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/machine-learning-algorithm-predicts-terra-classic-price-for-february-29-2024-tbt78674.html">https://thebittimes.com/machine-learning-algorithm-predicts-terra-classic-price-for-february-29-2024-tbt78674.html</a></p>

Machine learning algorithm predicts Terra Classic price for February 29, 2024

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