LUNC/USDT reclaims the top of the crypto daily mover today. This crypto has been here before two days ago, as it manages to gather minimal gain in value. Nevertheless, it’s as if Terra Classic is back with renewed strength. The crypto as of today has moved an amazing 18.2%.
Terra Classic Current Price: $0.00013802
Terra Classic Market Capitalization: 895 Million
Terra Classic Total Supply: 7 Billion
Terra Classic Rank: 210
Crucial Levels:
Resistance: $0.00014000, $0.00014500, $0.0001500
Support: $0.00013802, $0.00013500, $0.00013000
Terra Classic Value Prediction: LUNC/USDT Impressive Value Gains
The LUNC/USDT 4-hour chart reveals that the current bullish trend in the Terra Classic market started two days ago. This was the first time – in recent times, that crypto made a commendable movement. Nevertheless, this has resulted in a volatile and more profitable market.
Looking at the last three candlesticks on the chart, the earlier two candlesticks brought the crypto value above the 0.0001400. However, the most recent bearish one dropped the value to 0.00013802. The moving average curves lie significantly below the value activity but are not likely to cross each other. This implies that further upward movement isn’t likely to occur in the short term. This may cause the crypto value to range between $0.00013000 and $0.00014000.
Terra Classic Value Prediction: LUNC/USDT May Range
On the LUNC/USDT, daily chart indicators seem to confirm that the crypto value may range. The last four candlesticks on this chart are all bullish. Also, the moving average curves are still under the value activity, however, these curves remain divergent. Consequently, this confirms that there may be an absence of further upward push in the meantime.
In addition, the stochastic relative strength indicator curves have now merged, and are moving sideways. This indicates a lack of more trends, which is necessary to push the crypto value upwards. Short-term traders may prepare a short order while long-term ones may hold on a bit longer.
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