Terra Classic

TerraClassicUSD

<h2 id="header-0"><strong>Cryptos Headlines Token Airdrop Is Live, Claim your 5,000 CHT tokens for free $50 On Official Website &gt; CryptosHeadlinesToken.com</strong></h2><h2 id="header-1"></h2><img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/12a850eb2ca9453093d1f8a7d2d699a1.png" /><p>UNC</p><p></p><p>With the crypto market on the verge of reclaiming the $2Trillion mark, the buyers are making a comeback for a bullish year. Further, Bitcoin Halving sets a strong recovery tone for the altcoin season, teasing a stronger jump in the coming weeks.</p><p><a href="https://coinpedia.org/advertising/" rel="noopener noreferrer nofollow">Advertisement</a><img src="https://academy-public.coinmarketcap.com/optimized-uploads/11004f757811479292bae10a5efb90c1.webp" /></p><p>With a bullish turnaround in the broader market, the volatile and infamous coins like Terra Classic and Terra Luna are projecting a healthy recovery phase.</p><p>So, will the Terra coins make a comeback this year? Let’s have a closer look.</p><h2 id="header-2">Will Terra Classic Bounce Back For A Breakout?</h2><p>The Terra Classic (LUNC) price trend shows a deep pullback phase following the drop from the peak of $0.00025. After a 60% drop, the LUNC price shows a bullish turnaround from the 78.60% Fib level.</p><p><img src="https://academy-public.coinmarketcap.com/optimized-uploads/58e6ec622182498d89354204566d0463.png" /></p><p>Source: <a href="https://www.tradingview.com/x/CTG2xxIy/" rel="noopener noreferrer nofollow">TradingView</a></p><p>Moreover, the recovery trend forms a rounding bottom pattern with a neckline at $0.00013, aligning with the 61.80% Fib level. With the recent overnight jump of 10.65% and a 500% rise in trading volume, the breakout chances are astronomical.</p><p>The MACD indicator shows a rise in the average lines as it continues to head in the positive realm. Further, the ongoing rally stretches the upper Bollinger band, bolstering the bullish dominance.</p><p>As the buyers prepare for a rounding bottom breakout, the LUNC price shows a potential to reach $0.000021, a 60% hike.</p><h2 id="header-3">Is Terra Luna Coming Back To $1?</h2><p>With an astonishingly similar chart to Terra Classic, the Terra Luna (LUNA) price trend concludes the pullback era. Regaining the bullish momentum after a 55% drop in market value, the LUNA price is up by 23% in the last 23 days.</p><p>With a rounding reversal, the LUNA price is breaking above the 61.80% Fib level, the neckline. This teases a sharp breakout rally, considering the momentum sustains.</p><p><img src="https://academy-public.coinmarketcap.com/optimized-uploads/857d7d3963674914b2b9533b90f4cf1e.png" /></p><p>Source: <a href="https://www.tradingview.com/x/NaJI5UPW/" rel="noopener noreferrer nofollow">TradingView</a></p><p>Currently, the LUNA price trades at $0.7285 following last night’s jump of 5.83%, leading to a bullish engulfing candle. Further, the candle crosses beyond the upper Bollinger Band, reflecting a surge in buying pressure.</p><p>Considering the surge manages to sustain the LUNA price above the neckline, the holders can expect a bull run shortly. As per the Fibonacci levels, the Terra Luna price can reach the $1 mark, a 45% jump. However, some key resistance at $0.82 and $0.92 can delay the target.</p>

Terra Classic and Terra Luna Price Prediction: Is This A Comeback Year For Terra?

목차

CryptosHeadlines.com

2024년 2월 16일에 게재된 다른 기사

Binance Coin (BNB) Price Prediction for February 16

XRP Price Breaks Above the Bearish Pattern: How Long Can It Go This Week?

Bitcoin Price: BTC Tops $52k on ETF Boom, $60,000 Incoming Before Halving?

Nigeria’s Carbon Acquires Vella Finance to Launch AI-Powered SME Platform

Congressman French Hill Addresses Cryptocurrency’s Vulnerability: Report

Ethereum’s Price Soars, Triggering Major Trade Liquidations

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!