LUNCUSDT trade ideas
Terra Classic Votes On 800 Million Burn For Another LUNC RallyThe Terra Luna Classic community votes on another proposal related to burning 800 million TerraClassicUSD (USTC). The proposal aims to burn funds from the Risk Harbor (formerly Ozone Protocol) multisig wallet through an update to Terrad client. It is similar to previous proposals on burning 800 million in the wallet, which was later blacklisted via a governance voting.
Terra Luna Classic Community Eyes 800 Million USTC Burn
Proposal 11913 “RH MultiSig Wallet – Burn 800m via Update to Terrad Client” is up for governance voting on the Station wallet. The new proposal aims to burn the 800 million USTC still in the Risk Harbor multisig wallet. The proposal deadline is December 19.
The community passed proposal 11832 to blacklist the wallet citing that “blacklisting allows for a reversible action, enabling fund recovery through governance if valid reasons are provided by the wallet owners.” However, the new proposal argues that no fund recovery via the wallet owners is possible and blacklisting serves no purpose anymore.
LUNC price is moving mostly sideways after a 22% fall in a week, with the price currently trading at $0.000175. The 24-hour low and high are $0.000170 and $0.000185, respectively. Moreover, trading volume has decreased by 57% in the last 24 hours.
LUNCUSDT Trade Idea - Mid-term targetHi to all TV people, this is a quick chart idea on Lunc.
This is a low cap coin. Last year Lunc demonstrated to us how strong can be when it goes in "full rip" mode.
The graph showing my mid-term target.
If it reaches 0.0003 region and close monthly above that level... who knows how high can be the stop?!
This is my idea, not a financial advice. Always trade/invest safely and DYOR.
Thank you.
LUNCUSDTAnalysis of 4-hour time form LUNC
The current price of Luna Classic is $0.00018.
According to the yellow trend line, if it breaks, target 1 and target 2 are available.
Our target 3 is exactly on the level of SUPPLY and our Fibo 786. If we break this important resistance zone after hitting target 3, we will reach the resistance zone of $0.000313, which is not far off at this point of 73% profit.
#LUNCUSDT
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" .
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.
$LUNCUSD to the moon again, nice retest into previous supportCRYPTO:LUNCUSD to the moon again, nice retest into previous support
CRYPTO:LUNCUSD to the moon again, nice retest into previous support
CRYPTO:LUNCUSD to the moon again, nice retest into previous support
CRYPTO:LUNCUSD to the moon again, nice retest into previous support
CRYPTO:LUNCUSD to the moon again, nice retest into previous support
CRYPTO:LUNCUSD to the moon again, nice retest into previous support
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.