{"id":98154,"date":"2023-05-22T19:04:41","date_gmt":"2023-05-22T19:04:41","guid":{"rendered":"https:\/\/dripp.zone\/news\/index.php\/2023\/05\/22\/will-lunc-price-break-0-00012-next-crypto-news\/"},"modified":"2023-05-22T19:04:44","modified_gmt":"2023-05-22T19:04:44","slug":"will-lunc-price-break-0-00012-next-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/will-lunc-price-break-0-00012-next-crypto-news\/","title":{"rendered":"Will LUNC Price Break $0.00012 Next?\n &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"post-149251\">\n<div class=\"marketThumbs\">\n             <noscript><img loading=\"lazy\" width=\"1200\" height=\"675\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/03\/05004555\/LUNC-Terra-Classic-e1681068438136.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"lunc price analysis\" decoding=\"async\" srcset=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/03\/05004555\/LUNC-Terra-Classic-e1681068438136.jpg 1200w, https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/03\/05004555\/LUNC-Terra-Classic-e1681068438136-300x169.jpg 300w, https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/03\/05004555\/LUNC-Terra-Classic-e1681068438136-768x432.jpg 768w, https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/03\/05004555\/LUNC-Terra-Classic-e1681068438136-678x381.jpg 678w, https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/03\/05004555\/LUNC-Terra-Classic-e1681068438136-150x84.jpg 150w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\"\/><\/noscript><\/div>\n<p class=\"MarketsUp f-14 d-block\">Published 15 minutes ago  <\/p>\n<div class=\"Atcs\">\n<p><span style=\"font-weight: 400;\">LUNC Price Analysis: A down-slopping trendline (yellow) governs the ongoing downtrend in <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/price\/terra-luna-classic\/\">Terra Classic (LUNC) price<\/a>,  Starting from the peak value of $0.000211 on Feb 3rd, the coin&#8217;s price dropped by a substantial 58.3% to reach the current price of $0.000087. <\/span><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.59 --><\/p>\n<p><span style=\"font-weight: 400;\">However, with the current indecisiveness in the cryptocurrency market, the falling LUNC price took a sideways detour allowing buyers to re-challenge the dynamic resistance. <\/span><span style=\"font-weight: 400;\">This confrontation will serve as a crucial moment to determine whether the correction in LUNC price will continue or if it will spark a new recovery rally.<\/span><\/p>\n<p><strong>Read More: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/terra-classic-announces-official-date-of-parity-upgrade-lunc\/\">Terra Classic Announces Official Date Of Parity Upgrade, LUNC To $1<\/a><\/strong><\/p>\n<h2><strong>LUNC Price Daily Chart <\/strong><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The ongoing downtrend in the LUNC price will prolong until the resistance trendline is intact<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A bullish breakout from the overhead trendline will serve as an early sign to trend reversal.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The intraday trading volume in the LUNC coin is $21.5 Million, indicating a 37% gain.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\"> <img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"LUNC Price Analysis\" width=\"1946\" height=\"1104\" data-lazy-src=\"https:\/\/s3.tradingview.com\/snapshots\/7\/7WhatGSu.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"https:\/\/s3.tradingview.com\/snapshots\/7\/7WhatGSu.png\" alt=\"LUNC Price Analysis\" width=\"1946\" height=\"1104\"\/><\/noscript>Source- <\/span><span style=\"font-weight: 400;\">tradingview<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Over the past two months, the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/terra-classic-announces-official-date-of-parity-upgrade-lunc\/\">LUNC<\/a> price has turned down thrice from the down-slopping resistance trendline, indicating the traders are actively selling at market rallies which is a key sign of an established downtrend.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">While the broader market suffers from uncertainty, the LUNC price shows a temporary sideways trend above the psychological support of $0.00008.  This consolidating price action is bound to hit the falling trendline which may replenish the underlying bearish momentum.<\/span><\/p>\n<blockquote>\n<p><span style=\"font-weight: 400;\">A potential reversal from this trendline could plunge the altcoin 28% down to hit the $0.000062 mark.<\/span><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400;\">On a contrary note, interested buyers looking for long opportunities must wait for a bullish breakout from the aforementioned trendline.  The post-breakout rally could propel the price to its first target of $0.000012.<\/span><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.59 --><\/p>\n<h2><span style=\"font-weight: 400;\">LUNC Technical Analysis<\/span><\/h2>\n<ul>\n<li><b>Pivot Levels: <\/b><span style=\"font-weight: 400;\">This Support\/Resistance determining indicator projects the LUNC price may witness significant demand pressure at $0.00007, followed by $0.000062.  Alternatively, the $0.000096 and $0.000116 stand as high-supply zones.<\/span><\/li>\n<li><b>Directional Movement Index: <\/b><span style=\"font-weight: 400;\">The ADX slope of 40% indicates the ongoing downtrend is unstable and the traders may soon witness a breakout from the falling trendline.<\/span><\/li>\n<\/ul>\n<h2><b>Will LUNC price Hit the $0.00012 Mark?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Any bullish potential for LUNC price depends on its breakout above the downsloping trendline.  A potential breakout above this trendline will daily candle closing will recuperate the buying pressure and offer buyers a significant launchpad to hit $0.00012.<\/span><\/p>\n<\/p><\/div>\n<div class=\"TabDicA\">\n<div class=\"TBAcon \">\n<div class=\"authorFlip tabcS\" id=\"TabA149251\">\n<div class=\"authorBox\">\n<div class=\"author_Name\">\n<!--\n                                      \n\n<div class=\"getAuthoname\">\n                                          \n                                                                                 \n                                       <\/div>\n\n \n--><\/p>\n<p>From the past 5 years I am working in Journalism.  I follow the Blockchain &#038; Cryptocurrency from last 3 years.  I have written on a variety of different topics including fashion, beauty, entertainment, and finance.  Reach out to me at brian(at)coingape.com                         <\/p>\n<\/p><\/div>\n<div class=\"author_Image\">\n                                             <img loading=\"lazy\" alt=\"\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" data-lazy-srcset=\"https:\/\/secure.gravatar.com\/avatar\/97819e56237550ccb85011dd23b241ea?s=400&#038;d=mm&#038;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\" data-lazy-src=\"https:\/\/secure.gravatar.com\/avatar\/97819e56237550ccb85011dd23b241ea?s=200&#038;d=mm&#038;r=g\"\/><noscript><img loading=\"lazy\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/97819e56237550ccb85011dd23b241ea?s=200&#038;d=mm&#038;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/97819e56237550ccb85011dd23b241ea?s=400&#038;d=mm&#038;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\"\/><\/noscript>                                       <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"TabDesCm tabcS\" id=\"TabD149251\">\n<p>    The content presented may include the personal opinion of the author and is subject to market condition.  Do your market research before investing in cryptocurrencies.  The author or the publication does not hold any responsibility for your personal financial loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n<p>     <!--           <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/category\/price-analysis\/\" class=\"closeArticle2 close-btn\">Close Story<\/a>--><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Published 15 minutes ago LUNC Price Analysis: A down-slopping trendline (yellow) governs the ongoing downtrend in Terra Classic (LUNC) price, Starting from the peak value of $0.000211 on Feb 3rd, the coin&#8217;s price dropped by a substantial 58.3% to reach the current price of $0.000087. However, with the current indecisiveness in the cryptocurrency market, the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":98155,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[188,183,185,186,187,184,189,150,182,190],"class_list":["post-98154","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-blockchain-tech","tag-blockchain-technology","tag-crypto-technology","tag-cryptocurrency-technology","tag-metaverse-technology","tag-nft-technology","tag-soul-bound-token","tag-tech","tag-technology","tag-token-technology"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/98154","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=98154"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/98154\/revisions"}],"predecessor-version":[{"id":98156,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/98154\/revisions\/98156"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/98155"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=98154"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=98154"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=98154"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}