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<p>The post <a href="https://coinpedia.org/price-analysis/altcoins-rebound-as-bitcoin-gains-strength-terraclassic-luna-terra-luna-could-rise-by-20-soon/">Altcoins Rebound as Bitcoin Gains Strength; TerraClassic (LUNA) &amp; Terra (LUNA) Could Rise By 20% Soon</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>The crypto markets are consolidating again as <a href="https://coinpedia.org/price-prediction/bitcoin-price-prediction/" target="_blank" rel="noreferrer noopener">Bitcoin price</a> failed to sustain above $67,000, displaying some weakness among the bulls. The selling pressure does not appear to have mounted, but without a rise in the buying volume, it may certainly be possible for the star crypto to sustain above the range. Now that the <a href="https://markets.coinpedia.org/bitcoin/">BTC price</a> is consolidating, altcoins are gaining strength, including popular ones like <a href="https://markets.coinpedia.org/terra-luna/">TerraClassic</a> (LUNC) &amp;<a href="https://markets.coinpedia.org/terra-luna-v2/"> Terra</a> (LUNA).&nbsp;</p> 
<p>Both the sister-tokens are displaying a huge possibility of a bullish breakout, while a bullish close for the day may confirm the trend.</p> 
<h2 class="wp-block-heading" id="h-terraclassic-lunc-price-analysis">TerraClassic (LUNC) Price Analysis</h2> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/V2XInGiL1OeUmcXEkSZ7PK-fmB26jaz7NdQazWfebYM3XjBfWOLpg77s2zx_7SBqGiwD5EQ9_1zTszv1XbDrYdgsQJ2u8w_zyYTG-qo-UPLoJJudusQCI9XwF-h-_ij0AXIynRZkRNS2FWNgz_Edeyo" alt="">
</figure> 
<ul> 
 <li>The <a href="https://coinpedia.org/price-prediction/terra-classic-lunc-price-prediction/" target="_blank" rel="noreferrer noopener">TerraClassic price</a> has been trading within a falling wedge for quite a while, and the recent rebound from the bottom has brought an influx of notable bullish momentum</li> 
</ul> 
<ul> 
 <li>Currently, the price is heading towards the upper resistance but the buying pressure has dropped considerably, which could hamper the pace of the rally</li> 
</ul> 
<ul> 
 <li>RSI is also heading slowly towards the average range, which suggests the token may maintain an ascending consolidation for a while</li> 
</ul> 
<ul> 
 <li>Therefore, the LUNC price is believed to range high and test the upper resistance by this weekend and if bulls display some strength, a breakout could be imminent, which may lead the price towards $0.00012. With this, the possibility of ranging to $0.00015 could be high</li> 
</ul> 
<ul> 
 <li>Otherwise, a rejection may lead towards a sideway accumulation within a range-bound level between $0.00011 and $0.000098 until the next price action</li> 
</ul> 
<p>Also Check Out : <a href="https://coinpedia.org/price-analysis/top-altcoin-to-stack-for-may-as-market-turns-bullish/">Top Altcoin To Stack For May As Market Turns Bullish!</a></p> 
<h3 class="wp-block-heading" id="h-terra-luna-price-analysis">Terra (LUNA) Price Analysis</h3> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/V-DisIghhYE66XQRWtfAbDbCQxEgNiTtYtrBYG8nBA1qZLpNja0I2SbJO6aezDHIIHQ3vFGsA7kIwUSUxLQ6kKX2Eti9h2VxM4ER8xuxG9Etpp9lcQtQQWrpQAIciLadfIHruHPdJjA52fPsqdaGCW8" alt="">
</figure> 
<ul> 
 <li>The <a href="https://coinpedia.org/price-prediction/terra-luna-price-prediction/" target="_blank" rel="noreferrer noopener">Terra price</a> appears to be extremely bullish, as the price has accomplished a retracement after a pullback</li> 
</ul> 
<ul> 
 <li>The price has formed a double top, which suggested the token could face a bearish pullback and as a result, the crypto faced a 60% drop</li> 
</ul> 
<ul> 
 <li>However, the price has secured within the crucial resistance and the MACD has displayed a bullish crossover, suggesting a bullish continuation</li> 
</ul> 
<ul> 
 <li>Therefore, a price rise to $0.87 may be expected if the bulls display strength in the next few days.&nbsp;</li> 
</ul> 
<p>Read Also : <a href="https://coinpedia.org/price-analysis/ripple-price-prediction-xrps-path-to-a-33-billion-market-surge-by-2025/">Ripple Price Prediction: XRP’s Path to a $33 Billion Market Surge by 2025</a></p>

Altcoins Rebound as Bitcoin Gains Strength; TerraClassic (LUNA) & Terra (LUNA) Could Rise By 20% Soon

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