LUNC/USDT Major trend. Downward wedge. Breakout.Logarithm. Time interval 3 days.
Locally 1 day .
Still, price is moving after the breakdown of the wedge (all the price drop in 10.5 months) in the area of the level 0.00008963. Percentages as before to key resistance levels, nothing has changed at the moment. Showed stop loss accumulation zones, this is very important to understand on such cryptocurrencies with high-risk and low liquidity. Perhaps there will be news for the chart soon. You should definitely get rid of such assets when pumping.
Linear without "market noise" .
LUNCUSDT
LUNC Core Dev L1TF Announces Terra Classic Coalition, LUNC To $1Terra Luna Classic core developer on Thursday announced the formation of Terra Classic Coalition group to contribute to the Terra Classic chain developments. The team will contribute their expertise and insights for most work on the Terra Classic chain without any funds. However, some tasks such as SDK upgrades will require funding from the community through a governance proposal.
Terra Classic Coalition
Vinh Nguyen, a developer in L1TF, shared a post on X revealing the Terra Classic Coalition. It is a group formed by key members of the community including Vinh, former L1TF developer Fragwuerdig, L1TF developer Gevik, developer StrathCole, and validator and creator Happy Catty Crypto.
The Terra Classic Coalition aims to work without restrictions of daily meetings or a fixed roadmap, committing fully to advancing the chain. The team will develop proposals for the chain’s developments and ensure a strategic approach for it.
The TCC is in support of the ‘pay per job’ payment model, recently approved by the Terra Luna Classic community. Further details on the implementation of the pay-per-job model will be proposed in the next weeks.
Each member will work independently and contribute their expertise to the Terra Luna Classic ecosystem. TCC will volunteer for most work, but requires funding for projects such as SDK upgrades. A separate proposal will be submitted when any project requires funding.
The details on L1TF continuing to exist or disbanded are not clear.
LUNC And USTC To $1?
LUNC and USTC Prices To Recover?
Terra Luna Classic tokens witness selloffs amid profit booking in the broader crypto market. However, LUNC and USTC remain 207% and 280% higher in a month, despite paring earlier gains.
LUNC price fell more than 3% in the last 24 hours, with the price currently trading at $0.0002049. The 24-hour low and high are $0.000203 and $0.000245, respectively. Furthermore, the trading volume has decreased by 18% in the last 24 hours, indicating a decline in interest among traders.
Meanwhile, USTC price trades at $0.045, down 2% after massive profit booking. The 24-hour low and high are $0.0448 and $0.0502, respectively. Moreover, the trading volume fell 33% in the past 24 hours.
LUNA Classic ideaHey traders,
Ever considered making Fibonacci ratio lines your trading goals? Personally, I'm a fan of those golden ratio numbers!
How about you?
Let me know your thoughts.
Happy trading!
BINANCE:LUNCUSDT
⚠️ Disclaimer: The viewpoints shared represent my individual outlook on the market, based on publicly accessible information and historical data. While a portion of these opinions is influenced by my actual trades, others are not. It's important to note that I am not a financial advisor, and I do not assume any responsibility for the decisions you make in your trading activities.
✅ Feel free to share your inquiries or suggestions in the comments. I am more than willing to assess and analyze any cryptocurrency, forex currency pair, or stock index that piques your interest, so, Please don't hesitate to ask or mention the specific currency chart you'd like me to review.
Luna Classic IdeaCRYPTOCAP:LUNC BINANCE:LUNCUSDT
No comment!
⚠️ Disclaimer: The viewpoints shared represent my individual outlook on the market, based on publicly accessible information and historical data. While a portion of these opinions is influenced by my actual trades, others are not. It's important to note that I am not a financial advisor, and I do not assume any responsibility for the decisions you make in your trading activities.
✅ Feel free to share your inquiries or suggestions in the comments. I am more than willing to assess and analyze any cryptocurrency, forex currency pair, or stock index that piques your interest, so, Please don't hesitate to ask or mention the specific currency chart you'd like me to review.
LUNC Coin price analysis and next possible move !!Looks Like CRYPTOCAP:LUNC Token Price sucessfuly get rejected From weekly Resistance !!
• I think its a time to see some correction in CRYPTOCAP:LUNC Coin.
• Build short position on it if you want but make sure you set stoploss first before open trade + don't use upto 2% fund 20x leverage🚀❤
follow us for more free analysis
Brief Analysis——LUNCTerra-FOMO has swept the crypto-market. Last week, Mint Cash, developed by a former Terraform Labs developer, released that may issue airdrop based on the hold or burn of specific tokens held in the original Terra ecosystem. Make Terra-related tokens, such as USTC, LUNC, etc. pump. Although Terraform Labs later stated that it would not participate in Mint Cash in any capacity. But FOMO has been ignited.
After USTC rose last week, LUNC began to make up for its gains over the weekend. From the long-term candle charts on other exchanges, we can see that the current rise is insignificant compared to the decline caused by the death spiral. To better display indicators and candles, we used data from Binance.
Although FOMO started in late November, it is interesting to note that on November 10, LUNC had a pump, accompanied by considerable trading volume. We mentioned this in LUNC, USTC Analysis & Market Overview. On-chain data shows that some whales have begun to buy LUNC or USTC before the price rises. If you are a LUNC trader, it is necessary to pay attention to the actions of these whales.
Let's look at the indicators to see what happened to LUNC at the 4h level.
As proof, we can see that the MBF indicator showed obvious bottom-buying sentiment near November 10. This is what we mentioned above. Whales had already started to buy LUNC before the Mint Cash event.
From the WTA indicator, the first period of rise (the first green interval) is classic. The bullish trend does not end here. But in the second green interval, the blue bars representing whales disappear on the way up. The alarm sounds. However, LUNC did not fall after this time. Instead, it was supported by the green column and gray column. After the green arrow appeared, whales flowed into LUNC again, and there was a new round of pump.
As long as a destructive candle does not appear, it will be difficult for the bullish trend of LUNC to end. The new round of rise is healthy so far. If you want to be more sensitive to whale behavior, you can check out our LUNC, USTC Analysis & Market Overview.
LUNC showing good investment opportunityHi Everyone;
today we have one of the best risk to reward Investment opportunity
it is more than 280 times the risk and the chart is look very promising.
There is been a lot of Drama around this coin, but as I always saying
when it come to TA no emotion should involved.
Support can be entered (LUNC)❤️❤️Thanks for boosting 🚀 and supporting us!
📈And in the continuation of the upward trend, support can be entered.
📊 (Buy) : 12058
🔴 Stop Loss : 11102
🎯 Take Profit : 14469-15851-17115
🔗 For more communication with us, send a message in TradingView.
👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencies.
Binance Eliminates 4B LUNC Following Stellar 300% Terra RunTop crypto exchange Binance magnifies monthly Terra Classic burns by 5x.
LUNC, USTC has hit triple-digit gains in the last 30 days to return to the TOP 100.
Terra Classic community cheers Binance’s move, also asking to burn USTC.
The 16th batch of Terra Classic’s trading fee burn on the world’s largest crypto exchange destroyed nearly four billion $LUNC tokens. The cryptocurrency burning upswing has planted optimism among Terra Classic community members, as the latest burning ceremony by Binance signifies a five-times increase since last month’s burn.
Cumulatively, Binance had already contributed towards burning 43 billion Terra Luna Classic (LUNC) tokens, encompassing 52% of total burns. The latest burning transaction on December 1, 2023, sent 3,903,522,969 LUNC tokens to the bottomless pit. Ultimately, this leaves 6,824,412,252,043 $LUNC coins left in circulation.
Enormous Gains for LUNC, USTC Amid Terra Chain Revival
Compared to November’s burn, the huge difference between nearly four billion LUNC this month and the previous 778M LUNC trading fees burn comes from the increased trading activity on Binance Spot pairs. On top of that, Binance just added additional trading pairs for Terra’s OTC:USTC , causing even more excitement for Terra Classic holders
Last week, as the Terra Classic community passed a crucial proposal to tackle the sequence mismatch issue when distributing validator commission, the embattled native coin of the Terra Classic chain surprisingly sparked by 300% upon approval. At the time of publication, the game-tested LUNC trades at $0.000147181 with 2% daily gains, according to CoinGecko.
Meanwhile, Terra Classic USD (USTC) shocked the crypto community with an instantaneous run to four cents on November 27, 2023, later topping $0.072, the highest price of OTC:USTC since the horrendous Terra system crash in May 2022. At press time, OTC:USTC trades at $0.051, according to CoinGecko.
Ultimately, November’s triple-digit run for LUNC and Terra Classic USD marks the most successful month for these altcoins since the de-pegging in 2022.
LUNC : Riding the UST (HYPE) Wave! 🌊📈In the current crypto landscape, all eyes are on Terra Classic (LUNC), riding the waves of positive attention. Amidst the buzz, it's essential to navigate carefully, especially with its close ties to the crypto dollar, UST, striving to reclaim its 1-to-1 peg with the US dollar. Let's explore the dynamics of LUNC against the backdrop of these developments.
Chart Analysis: Riding the UST Momentum
LUNC is experiencing a remarkable surge, closely tied to the positive sentiments surrounding UST. This surge is not merely a reflection of technical indicators but is intricately woven into the narrative of the crypto dollar's revival.
Key Observations:
UST's Resurgence Impact:
The surge in LUNC is notably synchronized with the efforts of UST to reestablish its 1-to-1 peg with the US dollar.
Positive developments around UST create a favorable environment for LUNC.
News-Driven Momentum:
LUNC's recent price movements are significantly influenced by positive news and developments within the Terra ecosystem.
News-driven momentum can create rapid and volatile market reactions.
Critical Levels: Caution in News-Driven Markets
Dependency on News Flows:
LUNC's sensitivity to news events makes it crucial for traders to stay vigilant.
Prices may experience sharp swings based on the unfolding narrative.
Potential Scenarios: Navigating LUNC's Event-Driven Landscape
Strategic Positioning:
Traders should strategically position themselves, considering the potential impact of ongoing developments.
Entry and exit points may be influenced by major news releases related to Terra and UST.
Volatility Management:
Due to the news-centric nature of LUNC's recent surge, managing volatility is paramount.
Risk mitigation strategies become essential in navigating a market driven by external factors.
Trading Strategy: Adapting to Dynamic News Flows
For traders considering LUNC:
News Calendar Awareness: Stay updated with the Terra ecosystem's news calendar to anticipate potential market-moving events.
Technical Analysis Integration: Combine technical analysis with an understanding of news sentiment for a comprehensive trading strategy.
Risk-Averse Approaches: Adopt risk-averse strategies, given the potential for rapid market shifts.
Conclusion: Navigating the LUNC and UST Symbiosis
LUNC's surge is emblematic of its symbiotic relationship with UST and the broader Terra ecosystem. While this presents trading opportunities, the close ties to news events demand a cautious approach. As the crypto community watches LUNC's ascent, traders are reminded to balance optimism with strategic risk management.
🚀 LUNC Analysis | 🌐 UST Peg Dynamics | 📰 News-Driven Market
❗See related ideas below❗
Share your insights on LUNC and UST, contributing to the collective intelligence of the crypto community. As LUNC continues its journey in the limelight, community-driven analyses enrich the understanding of its market dynamics. 💚🚀💚
LUNC/USDT Bullish Trajectory in the Spotlight? 👀 🚀LUNC💎 Paradisers, turn your attention to LUNCUSDT as it showcases a compelling performance in the demand zone, signaling a strong likelihood of breaking through its resistance level for an upward trend.
💎 Reflecting on its past behavior, LUNCUSDT has a consistent record of surmounting its descending trendline, leading to bullish movements. Currently, after facing a rejection at the resistance level of .9673, the odds are tilting in favor of a resistance breach. This is further bolstered by its recent sweep of buying liquidity, reinforcing its position in the demand zone and the potential for continued upward momentum.
💎 However, should LUNCUSDT falter in maintaining this upward trajectory and descend below the demand level of .7806, a bullish strategy from the support level may come into play. A break below this threshold could pave the way for short-selling opportunities.
LUNCUSDTLUNCUSDT was trading in symmetrical triangle pattern. The price was reacting well the support and resistance of triangle.
Currently the price has given the breakout of triangle and now retesting the broken level where it is also forming a local support zone and seems like the price may go for another leg higher.
If the breakout sustain to upside the optimum target could be 0.000088.
What you guys think of this idea?
Terra Luna Classic Proposal For v2.3.0 Upgrade Officially PassedTerra Luna Classic proposal for the v2.3.0 upgrade has been approved by the community through governance voting. The on-chain deployment of terrad client v2.3.0, also referred to as “v6” incorporates dynamic validator commission module. Traders reacted immediately to the passing of the proposal with LUNC price rebounding again.
Terra Luna Classic Community Passes v2.3.0 Upgrade Proposal
The Terra Luna Classic community has approved Proposal 11874 “Upgrade to v2.3.0”. The proposal aimed to introduce dyncomm module, integrating protocol logic for determining minimum validator commissions based on voting power.
The scheduled upgrade height is 15493370, anticipated to happen on November 20 at 11.19 AM UTC, according to data by StakeBin.
The proposal has received 93% “Yes” votes and 7% “Abstain” votes. It indicates the community has unanimously favored the proposal for dynamic validator commission.
Among the 60 validators who participated in the voting, 58 validators have favored the proposal. This includes top Terra Luna Classic validators including All nodes, Interstellar Lounge, Happy Catty Crypto, Terra CVita, and Inter stake One.
LUNC Price Surges
LUNC price jumped 1% after hitting a 24-hour low of $0.000074, with the price currently trading at $0.0000758. Furthermore, the trading volume has decreased by 20% in the last 24 hours, indicating a decline in the interest of traders.
LUNC price rebounded amid the market-wide recovery, up nearly 40% in a month. Meanwhile, USTC price trades at $0.013, up 20% in a month.
LUNC ANALYSISHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the LUNC symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Terra Classic (LUNC) Monumental Price Surge.Terra Classic (LUNC) is currently showing promising signs of a substantial price breakout. With a 3D breakout pattern in progress, investors are eagerly anticipating a significant move that could potentially result in extraordinary gains.
One of the standout features of Terra Classic’s recent performance is its commitment to following a consistent trend. Building on the momentum of previous breakouts, the cryptocurrency has maintained a steadfast trajectory towards its target price of $0.000593. This dedication to the established trend is a promising indicator for buyers.
A Potential 720% Price Increase
price surge for Terra Classic is a strong possibility of a remarkable increase of over 720%, which could translate to an increase of more than 8.1x in value. If this projection holds, it could bring substantial profits for those faithful to LUNC.
Terra Platform’s Momentum
Furthermore, Terra Classic’s performance reflects a broader trend within the Terra ecosystem. The Terra Platform, which Terra Classic is a part of, seems to be on the verge of a massive recovery. This resurgence could position Terra as a dominant force in the cryptocurrency market, ushering in a new era of innovation and market influence.
A recovery from the surprising crash could be one of the most remarkable stories in the history of the crypto market.
While the cryptocurrency market is known for its volatility, the forecasted monumental price increase for LUNC has generated significant excitement among investors and enthusiasts.
LUNC is currently trading at 0.00009149, up 39.02% in the last 24 hours. The digital asset recently experienced a surge, after a major announcement from Binance.
Moon will back to the moonLuna pump with 100% profit last night, and stop at resistance.
in this chart, I will try to explain what happen at luna.
Rising wedge pattern
last night movement stopped at previous resistance trendline and create a big rising wedge pattern .
If luna pullback, rising wedge support can be a new higher low before continue bullish with 68% profit range .
Resistance Line
0.9696 will be next strong resistance, this resistance are next bullish target
Classic support (CSR)
0.5866 are previous resistance and became new support . this point will hold bearish movement
FIbonacci Pattern
0.5843 Classic support are also fibonacci 0.618 support , target from this area at fibonacci 1.272, and this level are same as resistance line. And if this resistance break up , we will see this moon back to the moon .
Don't forget to support this analysis,
If you have any question, do not hesitate to contact me
Your support at this analysis will also support Luna to reach bullish target
Click here to check my other analysis
LUNC (Luna Classic) - BUY & HODLI am buying and adding Classic Luna (LUNCBUSD , LUNCUSDT , LUNAUSD).
It went to the Moon and then came back to Earth.
Yeah, they pulled the rug or whatever, but it has potential.
Moreover, it has proven to have a pulse, still..
So, I have bought millions, and will continue to stack LUNC.
Where: a good level IMO is 0.000115 .
Some Technicals:
* Support Trend-Line
* Running Flat
* Ending Diagonal
* Fibonacci Retracements
I've been meaning to sync the Crypto Markets' next Bullish Cycles.
The Fibonacci Time Zones point me to early '23 as a potential start.
Stay safe & HODL!
Unleash the Bulls: LUNCUSDT Strategic Move Profitable Horizons!💎 Attention Paradisers! It’s time to gear up for a golden opportunity! We’ve observed LUNCUSDT making remarkable progress, positioning itself in a demand zone and setting the stage for a bullish surge.
💎 The breakout is a beacon of hope, indicating a potential shift in market sentiment and signaling an impending bullish phase!
💎 Just a few days back, LUNC went through a significant dip following a structural break. But now, it seems to be on the rebound, regaining its bullish momentum. The vrvp is displaying considerable volume, reinforcing the bullish perspective.
💎 For those contemplating a trade, don’t forget to implement a proper stop loss. Aim for a stop approximately at 1.75% and tread wisely!
Let’s stay sharp, make informed decisions, and embrace the profitable journey ahead!