Long

Terra Classic

Million

Terra

<ul class="list-ic vertical">
 <li><span>1</span> <a>LUNC token price hovers in the downside region and witnessed consolidation.</a></li>
 <li><span>2</span> <a>Technical indicators guide the indecisiveness between the bulls and bears.</a></li>
</ul>
<p>The <strong>Terra Classic token (LUNC) price </strong>was in a downtrend and faced rejection multiple times from the 200-day EMA mark. Amidst the market down move, a follow-on selloff was displayed.</p>
<p>The <strong>LUNC token </strong>failed to gain momentum, and trades below the key moving averages signify the sellers’ dominance. However, until the token does not breach the downside mark of $0.00009500, a fresh selloff cannot trigger again.</p>
<p>Conversely, bulls must break and sustain above the 200-day EMA mark to regain bullish momentum ahead.</p>
<p>At press time, the<strong> Terra Classic (LUNC) price</strong> traded at $0.000112 with an intraday gain of 1.90%, reflecting neutrality on the charts. It has a monthly return ratio of 9.20% and 34.20% yearly.</p>
<p>The pair of LUNC/BTC is at 0.00000000165 BTC, and the market cap is $773.99 Million. Analysts are neutral and suggest that the <strong><a href="https://www.thecoinrepublic.com/2023/09/25/terra-classic-price-prediction-will-lunc-price-leave-the-range/" target="_blank" rel="noopener noreferrer nofollow">LUNC price</a> </strong>may continue to hover below the 200-day EMA mark and might face a selloff ahead.</p>
<h2 class="wp-block-heading" id="strong-lunc-looks-bearish-can-it-cross-200-day-ema-mark-strong"><strong>LUNC Looks Bearish: Can It Cross 200-Day EMA Mark?</strong></h2>
<p>The daily charts of the <strong>Terra Classic (LUNC) </strong>signify bearish momentum and reveal that selling pressure remained intact.&nbsp;</p>
<p>However, buyers have tried for a pullback and decisively held the gains near the round mark of $0.0001100 for the past sessions.</p> <iframe loading="lazy" title="Santiment Chart: Price (LUNC), Volume (LUNC)" width="100%" height="300" src="https://embed.santiment.net/chart?ps=uniswap&amp;pt=UNI&amp;df=2023-11-24T18%3A29%3A59.294Z&amp;dt=2024-05-24T18%3A29%3A59.294Z&amp;emcg=1&amp;emhwm=1&amp;wm=%5B1%3Bprice_usd%3Bluna%3BLUNC%5D%3B%5B1%3Bvolume_usd%3Bluna%3BLUNC%5D&amp;wax=0%3B1&amp;wc=%23FF5B5B%3B%23FFCB47&amp;ws=%7B%22interval%22%3A%221d%22%7D%3B%7B%22interval%22%3A%221d%22%7D" scrolling="no"></iframe>
<p class="has-text-align-center">Source: Santiment</p>
<p>Following the range-bound moves, the trading volume remained flat, conveying low investor interest. Moreover, the trend is still bearish, and buyers need to cross the upside mark of $0.00012000 to shine the gains ahead.</p>
<p>The intraday trading volume dropped over 43.22% to $20.97 Million in the last 24 hrs, revealing no significant buying interest.</p>
<h3 class="wp-block-heading" id="strong-price-volatility-and-weighted-sentiment-outlook-strong"><strong>Price Volatility and Weighted Sentiment Outlook</strong></h3>
<p>The price volatility data remained average, signifying neutral data and highlighting the indecisiveness between the bulls and bears.&nbsp;</p>
<p>The <strong>volatility curve</strong> is below the midline region, around the 0.015 mark.</p> <iframe loading="lazy" title="Santiment Chart: Price Volatility 1d (LUNC), Weighted sentiment (Total) (LUNC)" width="1170" height="425" src="https://embed.santiment.net/chart?ps=uniswap&amp;pt=UNI&amp;df=2023-11-24T18%3A29%3A59.294Z&amp;dt=2024-05-24T18%3A29%3A59.294Z&amp;emcg=1&amp;emhwm=1&amp;wm=%5B1%3Bprice_volatility_1d%3Bluna%3BLUNC%5D%3B%5B1%3Bsentiment_volume_consumed_total%3Bluna%3BLUNC%5D&amp;wax=0%3B1&amp;wc=%23FF5B5B%3B%23FFCB47&amp;ws=%7B%22interval%22%3A%221d%22%7D%3B" scrolling="no"></iframe>
<p class="has-text-align-center">Source: Santiment</p>
<p>Meanwhile, the weighted sentiment data looks positive and signifies a spike of over 23% to 1.624, revealing a positive outlook among investors.</p>
<h3 class="wp-block-heading" id="strong-social-dominance-and-twitter-followers-data-insights-strong"><strong>Social Dominance and Twitter Followers Data Insights</strong></h3>
<p>The <strong>Social Dominance data</strong> revealed a significant down move and dragged to the 0.12% mark, highlighting a drop in the discussion and media reports on the social media platforms.</p> <iframe loading="lazy" title="Santiment Chart: Social Dominance (LUNC), Twitter Followers 7d (LUNC)" width="1170" height="425" src="https://embed.santiment.net/chart?ps=uniswap&amp;pt=UNI&amp;df=2023-11-24T18%3A29%3A59.294Z&amp;dt=2024-05-24T18%3A29%3A59.294Z&amp;emcg=1&amp;emhwm=1&amp;wm=%5B1%3Bsocial_dominance_total%3Bluna%3BLUNC%5D%3B%5B1%3Btwitter_followers_7d%3Bluna%3BLUNC%5D&amp;wax=0%3B1&amp;wc=%23FF5B5B%3B%23FFCB47&amp;ws=%7B%22interval%22%3A%221d%22%7D%3B%7B%22interval%22%3A%221d%22%7D" scrolling="no"></iframe>
<p class="has-text-align-center">Source: Santiment</p>
<p>Conversely, the Twitter followers data shows a pullback and surged over 12% to the -123 mark.</p>
<h4 class="wp-block-heading"><strong>Futures OI Data Reveal Fresh Long Additions</strong></h4>
<p>This week, investors have made significant <strong>long positions </strong>and are looking for a substantial bounce beyond the $0.0001200 mark.</p>
<div class="wp-block-image">
 <figure class="aligncenter size-large"><img loading="lazy" decoding="async" width="1024" height="223" src="https://www.thecoinrepublic.com/wp-content/uploads/2024/05/image-332-1024x223.png" alt="LUNC" class="wp-image-206979" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2024/05/image-332-1024x223.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2024/05/image-332-300x65.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2024/05/image-332-768x167.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2024/05/image-332-750x163.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2024/05/image-332-1140x248.png 1140w, https://www.thecoinrepublic.com/wp-content/uploads/2024/05/image-332.png 1393w" sizes="(max-width: 1024px) 100vw, 1024px">
 </figure>
</div>
<p class="has-text-align-center">Source: coinglass</p>
<p>The <strong>OI data </strong>rose over 0.13% to $7.31 million, which signifies a long buildup activity in the past hours.</p>
<h3 class="wp-block-heading" id="strong-conclusion-strong"><strong>Conclusion</strong></h3>
<p>The <strong>Terra Classic (LUNC) price </strong>stays in the downside region and hovers below the key moving averages. Additionally, the trend is bearish, and the token failed to overtake the 200-day EMA mark and remained negative.</p>

LUNC Price Prediction: LUNC Guides Consolidation, What’s Next?

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