• Terra Classic (LUNC) price prediction is maintaining its position, with the bulls defending the support at $0.000128.
• Terra Classic (LUNC) is currently posting gains of over 5% in the last 24 hours, with the price heading towards the 9-day moving average at $0.000140.
• If the market continues the upward movement, the $0.000150 resistance level is likely to surface in the next few positive moves.
The Terra Classic (LUNC) price prediction is maintaining its position, with the bulls defending the support at $0.000128. The Terra Classic (LUNC) is currently posting gains of over 5% in the last 24 hours, with the price heading towards the 9-day moving average at $0.000140. This shows a sign of increasing momentum in the market, with the bulls likely to continue pushing the price higher.
The current market data indicates Terra Classic (LUNC) is trading at $0.000135 with a total market cap of $811.5 million. The circulating supply is 5.9 trillion and the total supply is 6.8 trillion LUNC coins. This places Terra Classic (LUNC) at the 43rd rank on CoinMarketCap.
The Terra Classic price prediction suggests that if the market continues the upward movement, the $0.000150 resistance level is likely to surface in the next few positive moves. Moreover, LUNC/USD pair might further look for higher price levels if the bulls continue to show commitment. However, the market is currently displaying a sign of subduing volatility with choppy price action and a lack of momentum.
In order for the Terra Classic (LUNC) price to break above the resistance at $0.000150, the bulls need to create more buying pressure in the market. If the bulls manage to push the price higher, then the next target could be the $0.000200 level. Conversely, if the price fails to break above the $0.000150 resistance, then the market could experience a corrective pullback. In this scenario, the key support levels to watch out for are $0.0000350, $0.0000330, and $0.0000310.
Overall, the Terra Classic (LUNC) price prediction points to a bullish outlook in the long-term. The coin is currently trading in an uptrend, and the bulls will likely continue defending the key support levels. If the price can break above the $0.000150 resistance, then the $0.000200 level could be the next target for the bulls.