Lunc beginning to get volatile!If there's any token out there that I think will make an impression on the crypto market, it's gonna be Luna Classic! This thing is gonna make a crazy comeback and people are gonna cry when they realise they never bought in at these bargains. The Mother Ship 🚢 is about to leave the bay!
Lunc
LUNC: this time is different?
LUNC has been in a descending channel since September 2022, almost 9 months.
It prices have been trading around $0.00009 for 45 days. Below this zone, there is no historic buyer/seller.
When looking at the volume, one can see a very big buy pressure w.r.t before. Volume indicator CMF is about to break its resistance trendline (on 3D TF). This would trigger or support a breakout of the descending channel.
In my opinion, it would be a good idea to buy here and wait patiently to sell at previous trading areas $0.00124 and $0.00017.
Luna Classic: Bearish 5-0 on the Daily LUNC if Breaking Below the 89 Day EMA while showing MACD Bearish Divergence on the Daily after Two very weak Attempted Rallies towards the PCZ of a Potential Bearish 5-0 and now it looks to recover the gaps below the sub one-ten-thousandths level.
I thimnk it Could go as low as 47 Millionths but i will mostly be targetting the zone between 72-55-millionths
LUNA Classic: Bullish Bat PCZ at Congestion ZoneLUNC was sent down to this support level after breaking through the B level of the Bullish Bat and confirming the breakdown with a Bearish 5-0, as seen here:
Even as the rest of the market has risen, LUNC continued its downward path to the support zone, and now, just as the rest of the market looks like it wants to take a break, LUNC has finally settled down within the support zone and has formed two levels of MACD Bullish Divergence as the RSI went to the oversold zone.
We might see LUNC do something that it has done in the past, which is to rally during a time of macro slowdown, as that's what the chart is implying right now.
LUNC/USDT - Terra Luna Classic: BBand_Breakout◳◱ A Bollinger Band breakout has been identified on the CRYPTOCAP:LUNC / CRYPTOCAP:USDT chart. The price has moved outside of the upper Bollinger Band, indicating a potential bullish trend. The next resistance key levels are located at 0.00010973 | 0.00013191 | 0.00017099, and the major support zones can be found at 0.00007065 | 0.00005375 | 0.00001467. Consider buying at the current price zone of 0.00009931 and targeting higher levels.BBand_Squeeze
◰◲ General info :
▣ Name: Terra Luna Classic
▣ Rank: 63
▣ Exchanges: Binance, Kucoin, Huobipro, Gateio, Poloniex, Mexc
▣ Category/Sector: Infrastructure - Smart Contract Platforms
▣ Overview: Terra is an algorithmically-governed, seigniorage share style stablecoin platform to which a collection of fiat-pegged tokens and a stabilizing cryptoasset, Luna, are native.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.00009931 ₮
▣ 24HVol: 15,546,978.483 ₮
▣ 24H Chng: 3.04%
▣ 7-Days Chng: 3.79%
▣ 1-Month Chng: 8.46%
▣ 3-Months Chng: -22.56%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.00010973 | 0.00013191 | 0.00017099
◢ Support: 0.00007065 | 0.00005375 | 0.00001467
◱◳ Indicators recommendation :
▣ Oscillators: SELL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 1.32
▣ Last 90D: -0.97
▣ Last 1-Y: -1.18
▣ Last 3-Y: 0.24
◲◰ Volatility :
▣ Last 30D: 1.33
▣ Last 90D: 0.94
▣ Last 1-Y: 2.77
▣ Last 3-Y: 2.78
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is N/A
▣ Reddit sentiment score is 0.80 - V. Bullish
▣ In-depth LUNCUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
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LUNC Terra Classic $605 Million valuation problemThe valuation of LUNC Terra Classic at a market cap of $605 million raises concerns, particularly considering the project's current state of inactivity. As a community-led project that has become stagnant or defunct, such a high valuation appears to be disproportionate.
In my opinion, the valuation for a purely speculative token like LUNC should be re-evaluated to align with a more realistic assessment. A market cap of around $50 million seems more reasonable, considering the absence of recent development or active engagement.
So add another $0.
Looking forward to read your opinion about it.
LUNC needs to break through the resistance at 0.0001031It's easy. LUNC needs to break through the LAST resistance at 0.0001031 with force to confirm the upward trend.
The first safe target is 0.00153.
Once the first target is broken, we could go even further for a more powerful PUMP than what we have seen on ARPA and MTL. The volumes are absurdly huge.
Price Test Potential and Strong Demand AreaLUNC, a cryptocurrency with an intriguing name, is currently displaying some interesting market indicators. The Relative Strength Index (RSI) stands at 53, indicating a neutral sentiment in the market. This suggests that the buying and selling pressures are relatively balanced, neither favoring the bulls nor the bears significantly.
Another indicator to consider is the volume oscillator, which is currently at -2%. This implies a slight decrease in trading volume compared to the average level. While not a significant drop, it does indicate a relatively quieter period in terms of market activity.
In terms of price action, LUNC has shown a noteworthy pattern in the past. At one point, it experienced a remarkable 30% gain from the $0.000084 range. This surge demonstrated the potential for significant price movements within this cryptocurrency. However, on its second attempt to reach this price range, LUNC encountered strong resistance, suggesting a potential barrier for further upward movement.
Considering the current situation, it is possible that LUNC may test both the previous resistance and the upper boundary of its descending channel. This implies that there is a chance for the price to reach the same level as before or potentially break through the descending channel's upper limit.
One interesting observation is that LUNC has exhibited positive reactions when encountering support levels. This suggests that the observed support area, particularly in the $0.000084 range, can be considered a strong demand area for the long term. Buyers have shown interest and have stepped in to support the price, indicating a potential buying opportunity.
Overall, LUNC has the potential for significant price movements. While the RSI suggests a neutral sentiment, the historical price action and reactions to support levels provide an interesting outlook. Traders and investors should closely monitor LUNC's movement, particularly as it approaches the previous resistance and the upper boundary of its descending channel, as these levels could determine its future trajectory.
Luna Fake Rally ended up with a Hard Dump again. LUNA experienced a deceptive rally in the cryptocurrency market, luring inexperienced investors and gamblers into a trap. However, the chart indicates that this pump was short-lived and served as a clear trap for retail traders, resulting in a significant price dump. Additionally, the price of LUNA failed to hold the recently formed hourly support level.
LUNC COIN PRICE PREDICTION✅ LUNC COIN PRICE PREDICTION✅
🔥 Price on the daily chart has broken down an important resistance trendline with a Bullish Candle🔥
If the Price Continue UP ..
🚀🎯You can target around $0.00012573 that's around 33% Gains🎯🚀
If Breaks down..
We can expect around the $0.00008642 range.
👉 Follow me for more opportunities.
🔥 LUNC Start Of Bull-Run: This Trade Can Make You Rich!LUNC has been trading bearish ever since the September 2021 top, which means that we've been going down over 1.5 years. This perpetual bearish pressure has to end at some point, and this trade is based on exactly that.
Since LUNC has finally broken through the diagonal resistance, the bulls have the overhand in the short-term. We are going to assume that the bulls will also regain control in the long-term and that the bottom for the current bear market is finally in.
With a target at the current all-time high, we're able to construct a trade with a mind-blowing risk-reward of over 185, which means that for every dollar you risk, you can potentially make 185x amount if this trade will hit it's target, without leverage! Entry placed at previous 4H local top.
If you're a more defensive trader, consider moving the stop down to 8300. Also, partial profit targets of 13000 and 21000 will make this trade less risky.
ARPA : LONG TERM TARGET 200%After having to study this coin for the longer term, I found out that the small increase did to an important trend that will happen next Monday about blockchain trend.
out of this all let's make a scenario trend for the long term here below.
the target depending on before price actions and important levels of what the coin can gain.
200% in the long term with a target of 0,10 could be a possibility for this coin.
We will follow this coin long term to see the changes.
It's long terms expecting, but if there is a FOMO trend and hype about the blockchain trends, it could go faster.
Any investment can be very risky, as this is also not trading advice.
Potential Price Stabilization or Prolonged DowntrendDuring the previous month, LUNC has displayed a persistent decline, reaching the weekly support range and reverting back to the initial range of the previous substantial upward movement. Positioned at the heart of this weekly support range is a robust support zone exhibiting substantial reactive strength, which successfully halted the downward trajectory of the currency upon reaching this range. Consequently, the prevailing conditions observed within the 4-hour time frame have transitioned the price trend into a consolidation phase.
Hence, if buyers endeavor to reinforce this currency and manage to breach the resistance of the channel ceiling at the $0.000096 level, we can anticipate price stabilization at the weekly support level, accompanied by subsequent price growth in the forthcoming days. Conversely, should the current support be breached once again due to selling pressure, the currency will endure an extended period of decline, with its recovery contingent upon the presence of sustained bullish market conditions.
LUNC, moving low key-- potential massive upside. BIGLUNC, is barely noticeable amongst other coins that have pump to heavens lately. It's moving lowkey -- but one has to magnify it to see what's cooking on this coin in terms of price action.
A massive accumulation at strong order block levels at 0.00012 has been spotted and an apparent bear momentum is already fading out on weekly data.
Expect some generous price action to the upside on this coin.
SEEDED L at 0.0001260
TAYOR
lunchi all
lunc is on weekly demand zone and
in daily time frame we have strong divergence too.
every thing is ready for a good buy .
0.00009475 and 0.00009515 is entry point and we can put our stop loss 0.00009220
0.000016 is finally our take profit
for first tp in lower time frame 0.00001060 and 0.000012 is good .
stay green