Rally

Terra Classic

Terra

Coin

<ul class="news-points">
 <li>LUNC’s steady price rise is linked to strategic token burns, boosting investor confidence and buying interest.</li>
 <li>Increasing trading volume indicates strong buying interest, supporting LUNC’s bullish short-term price trend.</li>
 <li>Moderate yet steady burn rate increases support a continued bullish trend, maintaining higher LUNC price levels.</li>
</ul>
Terra Classic (LUNC) is showing signs of a potential price surge, driven by strategic token burns. Currently <a href="https://coinmarketcap.com/currencies/terra-luna/" target="_blank" rel="noopener noreferrer nofollow">trading at</a> $0.0001227, LUNC has gained 3.59% over the past 24 hours. This upward movement began at $0.0001186, peaking at $0.000124 before slightly retracing to its current price. A significant increase in trading volume, up 76.61% to $41.29 million, suggests strong buying interest and the potential for further gains.
In the short term, the price action indicates bullish sentiment. The immediate support level around $0.000120 has been tested multiple times, demonstrating substantial buying interest and demand. The major support level at $0.0001186, the day’s starting price, provides a solid base after successfully withstanding earlier downward pressure.
On the resistance side, the immediate level at $0.000124 was touched …
The post <a href="https://coinedition.com/terra-classic-lunc-burns-its-way-to-a-potential-price-rally/" rel="noopener noreferrer nofollow">Terra Classic (LUNC) Burns Its Way to a Potential Price Rally</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Terra Classic (LUNC) Burns Its Way to a Potential Price Rally

Coin Edition

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