According to crypto analyst MyCryptoParadise, LUNC shows early but unmistakable signals of a significant impending price move brewing as it coils up around the pivotal $0. 0001 support area. Currently expressing an upward daily trend, LUNC appears poised for continuation higher after respecting resistance within a defined descending channel pattern consistently over recent weeks, per the […]
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The cryptocurrency market has been experiencing significant volatility, with Bitcoin’s price oscillating around the $30K mark. However, the focus has shifted to altcoins, which are expected to follow the bullish trend set by Bitcoin.
During the past seven days, the price of LUNC, the cryptocurrency of Terra Classic, has displayed a back-and-forth movement characterized by alternating green and red candles. This pattern suggests a lack of dominance from buyers or sellers, indicating uncertainty in the market regarding the direction of the trend.
Recently, the Terra Classic ecosystem has been in the spotlight due to its developmental efforts, with the testnet upgrade to version 2. 0. 0 being the latest advancement. Contrary to general expectations, this recent improvement hasn’t translated into the price of the Terra Luna Classic token (LUNC).
LUNC’s volume went up substantially in the last 24 hours
Market indicators suggest a trend reversal soon
The crypto market has not been favoring investors of late, as most cryptos haveThe post Can LUNC sustain its current uptrend? Here are the possibilities appeared first on AMBCrypto.
The past few months have been quite indecisive in the cryptocurrency market as Bitcoin ranges between $18500 and $20500. Most altcoins have witnessed a substantial loss during this side-way trend, including the Luna Classic – LUNC – which is now down by -3% in the past 24 hours.
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice.
Terra Classic [LUNC] saw huge volatility on the charts in SepThe post LUNC traders can look to trade with the trend as a zone of resistance looms ahead appeared first on AMBCrypto.
What started as a promising week for cryptocurrency quickly turned into disappointment as the market faced a sharp correction. Bitcoin had climbed above $88,000 and Ethereum was approaching $2,100, creating initial optimism that was short-lived.
The XRP price definitely got hit during the current market bloodbath. It’s down 11% this week and after losing $2. 30 and $2. 20 supports, it’s now trading around $2. 10. However, since Ripple has one of the strongest communities in crypto, positive XRP price predictions are floating around on X daily.
The Kaspa price is down 10% today, now trading well below $0. 070. This dip is part of the broader crypto market that’s “in red” for the 3rd day straight now. However, we mentioned many times that over the last couple of years, Kaspa formed one of the strongest communities in crypto.
Pi coin is having a tough time in the market. For some days, it has been trading downward with slight consolidation. Let’s look at what’s happening with its price today and what we might expect in the next couple of hours.
Ethereum (ETH) price analysis reveals a downward trajectory, with chart patterns and on-chain metrics suggesting a continuation of the current downtrend. Similarly, the XRP price has remained steady, even as Ripple concludes its prolonged legal battle with the SEC.
Pi coin made a big splash when it launched in February. While most of the crypto market was down, Pi price actually went up. It reached an impressive high of $2. 9, but things have changed since then.
Cardano (ADA) bulls appear to be losing steam as the token struggles to maintain upward momentum, prompting investors to look elsewhere for stronger short-term opportunities. Two standout contenders—Lightchain AI and XRP—are now reigniting market optimism with fresh momentum and promising setups.