2024

Terra Classic

Terra

<div class="finbold">
 <p class="paragraph">With the majority of assets in the cryptocurrency market consolidating, Terra Classic (LUNC) is going with the flow, doing especially poorly on its year-to-date (YTD) chart where it has dipped nearly 25%, but artificial intelligence (AI) algorithms predict a slight recovery for 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">Indeed, LUNC has moved in the red for the past several weeks, maintaining a steady decline since the year’s turn, which has recently continued as the Terra Classic community voted against a proposal to prevent the chain’s validators from launching multiple validators on the network.</p>
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   <blockquote class="twitter-tweet" data-width="500" data-dnt="true">
    <p lang="en" dir="ltr">I have voted NO on proposal 12101<br><br>Although I recognise the problem:<br><br>1: if you follow the proposal to the letter, it would prevent allnodes, hexxagon, etc, from offering their managed validator service.<br><br>2: There is no defined method to prevent, the proposal is un-actionable… pic.twitter.com/KCjmRwrCR3</p>— SolidVote LUNC Validator (@SolidVote) May 4, 2024
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 <h2 class="wp-block-heading" id="h-terra-classic-price-prediction">Terra Classic price prediction</h2>
 <p class="paragraph">In this context, Finbold has consulted the advanced algorithms deployed by the crypto monitoring and forecasting platform <em>PricePredictions</em>, and they have projected that the Terra Classic <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> would reach the target of $0.000105 by May 31, 2024, as per data obtained on May 8.</p>
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   <svg width="32" height="32" viewbox="0 0 32 32" fill="none" xmlns="//www.w3.org/2000/svg"><path d="M4 10.6665V25.3332C4 28.2678 6.392 29.3332 8 29.3332H28V26.6665H8.016C7.4 26.6505 6.66667 26.4078 6.66667 25.3332C6.66667 24.2585 7.4 24.0158 8.016 23.9998H28V5.33317C28 3.8625 26.804 2.6665 25.3333 2.6665H8C6.392 2.6665 4 3.73184 4 6.6665V10.6665ZM8 5.33317H25.3333V21.3332H6.66667V6.6665C6.66667 5.59184 7.4 5.34917 8 5.33317Z" fill="#EF4444"> 
    </path> <path d="M15.996 18.6668L20.4626 14.2815C20.738 14.0166 20.9571 13.6989 21.1068 13.3473C21.2564 12.9957 21.3336 12.6176 21.3336 12.2355C21.3336 11.8534 21.2564 11.4752 21.1068 11.1236C20.9571 10.7721 20.738 10.4543 20.4626 10.1895C19.9074 9.64148 19.1587 9.33422 18.3786 9.33422C17.5985 9.33422 16.8498 9.64148 16.2946 10.1895L15.996 10.4801L15.6973 10.1881C15.1423 9.64023 14.3938 9.33301 13.614 9.33301C12.8341 9.33301 12.0856 9.64023 11.5306 10.1881C11.2552 10.453 11.0361 10.7707 10.8865 11.1223C10.7368 11.4739 10.6597 11.852 10.6597 12.2341C10.6597 12.6162 10.7368 12.9944 10.8865 13.346C11.0361 13.6975 11.2552 14.0153 11.5306 14.2801L15.996 18.6668Z" fill="#EF4444"> 
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 <figure class="wp-block-image size-full"><img decoding="async" width="883" height="612" src="https://cdn.thebittimes.com/images/2024/05/08/b32beffcbd09441ffde23beaf00a2df2.webp" alt="Terra Classic price prediction 30-day chart. Source: PricePredictions" class="wp-image-174649" srcset="https://cdn.thebittimes.com/images/2024/05/08/b32beffcbd09441ffde23beaf00a2df2.webp 883w, https://cdn.thebittimes.com/images/2024/05/08/b32beffcbd09441ffde23beaf00a2df2.webp 300w, https://cdn.thebittimes.com/images/2024/05/08/b32beffcbd09441ffde23beaf00a2df2.webp 768w" sizes="(max-width: 883px) 100vw, 883px">
  <figcaption class="wp-element-caption"><em><em>Terra Classic price prediction 30-day chart. Source: </em><em>PricePredictions</em></em>
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 <p class="paragraph">Specifically, provided that these projections, based on technical analysis (TA) indicators like relative strength index (RSI), Bollinger Bands (BB), and moving average divergence convergence (MACD), turn out correct, they would represent an increase of 0.89% from the LUNC price at press time.</p>
 <h2 class="wp-block-heading" id="h-terra-classic-price-history">Terra Classic price history</h2>
 <p class="paragraph">For now, LUNC is changing hands at the <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> of $0.00010407, which suggests a decline of 1.71% on the day, an increase of 9.67% across the previous seven days, and a 24.11% drop over the month, in addition to losing 24.36% this year, according to the most recent chart data.</p>
 <figure class="wp-block-image size-full"><img decoding="async" width="750" height="536" src="https://cdn.thebittimes.com/images/2024/05/08/9df95bdf9bec1c254048c83442dfc1b5.webp" alt="Terra Classic price 7-day chart. Source: Finbold" class="wp-image-174647" srcset="https://cdn.thebittimes.com/images/2024/05/08/9df95bdf9bec1c254048c83442dfc1b5.webp 750w, https://cdn.thebittimes.com/images/2024/05/08/9df95bdf9bec1c254048c83442dfc1b5.webp 300w" sizes="(max-width: 750px) 100vw, 750px">
  <figcaption class="wp-element-caption"><em>Terra Classic price 7-day chart. Source: </em><em>Finbold</em>
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 <p class="paragraph">Meanwhile, crypto market analyst Javon Marks has estimated that LUNC might soon skyrocket over five times to reach the target <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> of $0.000593, provided it continues to mimic its behavior prior to hitting its all-time high (ATH) in September 2023, as he explained in an X post on May 6.</p>
 <figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="623" src="https://cdn.thebittimes.com/images/2024/05/08/808421bc711bc0c723e7224ab8b899b9.webp" alt="LUNC price analysis and prediction. Source: Javon Marks" class="wp-image-174644" srcset="https://cdn.thebittimes.com/images/2024/05/08/808421bc711bc0c723e7224ab8b899b9.webp 1024w, https://cdn.thebittimes.com/images/2024/05/08/808421bc711bc0c723e7224ab8b899b9.webp 300w, https://cdn.thebittimes.com/images/2024/05/08/808421bc711bc0c723e7224ab8b899b9.webp 768w, https://cdn.thebittimes.com/images/2024/05/08/808421bc711bc0c723e7224ab8b899b9.webp 1432w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption"><em>LUNC price analysis and prediction. Source: </em><em>Javon Marks</em>
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 </figure>
 <p class="paragraph">Overall, making any definite Terra Classic <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> prediction is challenging, as the situation in this sector can change on a whim, so doing one’s own research and keeping up with any relevant LUNC news or Terra Classic news is critical when investing in LUNC.</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>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/ai-sets-terra-classic-price-for-may-31-2024-tbt87752.html">https://thebittimes.com/ai-sets-terra-classic-price-for-may-31-2024-tbt87752.html</a></p>

AI sets Terra Classic price for May 31, 2024

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