Convergence

Terra Classic

Terra

Divergence

<img width="1200" height="585" src="https://coingape.com/wp-content/uploads/2024/03/image-e1710351894400.jpg" class="attachment-full size-full wp-post-image" alt="Terra Classic Price Prediction: Will LUNC Overcome Current Market Consolidation?" decoding="async" style="float:right; margin:0 0 10px 10px;">
Terra Classic price prediction: LUNC has recently witnessed a notable uptick in its market value, demonstrating a robust bullish trend. In the last few weeks, the cryptocurrency has successfully surpassed multiple resistance levels. This upward trajectory signals a solidifying trust among investors. 
In the latest trading day, Terrea Classic maintained its bullish pattern. Yet, in the last few hours, there’s been a slight consolidation, hinting at a temporary slowdown in its upward momentum. 
Currently, <a href="https://coingape.com/price/terra-luna-classic/">Terra Classic price </a>stands at $0.0001402. This represents a slight decrease of just over 4% from the previous day, underscoring the market’s inherent unpredictability. Despite this minor setback, the sentiment among market participants remains largely positive, with many holding a bullish outlook for the short-term future. 
<figure id="attachment_186618" aria-describedby="caption-attachment-186618" style="width: 100%" class="wp-caption aligncenter">
 <a href="https://coingape.com/wp-content/uploads/2024/03/Terra-Classsic-price-chart-e1710784744805.png"><img decoding="async" class="size-full wp-image-186618" src="https://coingape.com/wp-content/uploads/2024/03/Terra-Classsic-price-chart-e1710784744805.png" alt="Terra Classic Price Prediction: Will LUNC Overcome Current Market Consolidation?" width="1200" height="554"></a>
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 Terra Classic Price Prediction:
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The 24-hour trading volume has experienced a minor dip of 2%, settling at $86.55 million. With its market capitalization reaching $824 billion, Terra Classic (LUNC) is positioned at 123rd place, as per <a rel="nofollow" href="https://coinmarketcap.com/currencies/terra-luna/">CoinMarketCap</a> data. 
<h2 id="strong-terraclassic-price-prediction-anticipating-the-next-move-strong">TerraClassic Price Prediction: Anticipating the Next Move</h2> 
Over the past week, Terra Classic has witnessed a significant 25% drop, reflecting a surge in investor confidence despite the market’s volatility. The broader cryptocurrency market is undergoing a modest retreat, adjusting from recent highs. <a href="https://coingape.com/price/bitcoin/">Bitcoin</a>, the market’s frontrunner, has recently fallen below the $70,000 mark, while Ethereum has slipped beneath its $4,000 threshold. 
The monthly overview reveals a bullish pattern for LUNC, showcasing an 11% uptick. Trading activities have oscillated between $0.0001180 and $0.00024, indicating a slight downward movement.&nbsp; 
<h2 id="strong-technical-analysis-for-lunc-and-future-outlook-strong">Technical Analysis For LUNC&nbsp; and Future Outlook</h2> 
If the bullish trend regains its strength, <a href="https://coingape.com/markets/terra-classic-price-prediction-will-lunc-hit-0-001-by-march-end/">LUNC</a> price might climb beyond the $0.00019 threshold. Such a resurgence in bullish activity could set the stage for the asset to retest the $0.00024 resistance level and even extend its reach to $0.0003. 
On the flip side, an intensification of the current bearish trend could lead to a decline towards the $0.0001 support mark. A continued downtrend might further depress LUNC’s price to a new low of around $0.00009, testing lower support boundaries. 
The <a href="https://coingape.com/markets/lunc-price-will-price-analysis-ever-reach-1-as-30-bullish-comeback-excites-traders/">Terra Classic</a> token exhibits notable movements, as reflected by the daily technical indicators. The Bollinger Bands show a distinct divergence, with the upper band at approximately 0.0002172 and the lower band at around 0.0001306. 
This suggests a heightened level of volatility within the market, indicating potential opportunities for investors tuned into the market’s oscillations.&nbsp; 
<figure id="attachment_186620" aria-describedby="caption-attachment-186620" style="width: 100%" class="wp-caption aligncenter">
 <a href="https://coingape.com/wp-content/uploads/2024/03/BLUNC_2024-03-18_19-57-36.png"><img decoding="async" class="size-full wp-image-186620" src="https://coingape.com/wp-content/uploads/2024/03/BLUNC_2024-03-18_19-57-36.png" alt="Terra Classic Price Prediction: Will LUNC Overcome Current Market Consolidation?" width="1154" height="622" srcset="https://coingape.com/wp-content/uploads/2024/03/BLUNC_2024-03-18_19-57-36.png 1154w, https://coingape.com/wp-content/uploads/2024/03/BLUNC_2024-03-18_19-57-36-300x162.png 300w, https://coingape.com/wp-content/uploads/2024/03/BLUNC_2024-03-18_19-57-36-768x414.png 768w, https://coingape.com/wp-content/uploads/2024/03/BLUNC_2024-03-18_19-57-36-150x81.png 150w" sizes="(max-width: 1154px) 100vw, 1154px"></a>
 <figcaption id="caption-attachment-186620" class="wp-caption-text">
 Terra Classic Price Prediction| Source: <a rel="nofollow" href="https://www.tradingview.com/x/dIM917UN/">Tradingview</a>
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The Relative Strength Index (RSI) is currently reading at 40.60, suggesting that the asset is at a neutral level. Meanwhile, the Moving Average Convergence Divergence (MACD) presents a bearish crossover, as with the MACD line crossing below the signal line. 
The post <a href="https://coingape.com/markets/terra-classic-price-prediction-will-lunc-overcome-current-market-consolidation/">Terra Classic Price Prediction: Will LUNC Overcome Current Market Consolidation?</a> appeared first on <a href="https://coingape.com">CoinGape</a>.

Terra Classic Price Prediction: Will LUNC Overcome Current Market Consolidation?

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