The Terra Luna Classic price prediction is bearish, because the LUNC/USD pair has fallen below $0.000169, a guide stage prolonged with the aid of using an upward trendline. The cryptocurrency marketplace has these days been harsh on investors, with maximum cryptocurrencies not able to supply profits because of liquidity problems at FTX, Genesis, and plenty of different crypto exchanges.
Terra Classic (LUNC) witnessed a moderate fee increase, bucking the fashion of different massive marketplace-cap cryptocurrencies. According to CoinMarketCap data, the fee of LUNC multiplied with the aid of using extra than 2% all through the It turned into buying and selling at $0.0001642 as of this writing, giving it a marketplace cap of $982 million. Fear, uncertainty, and doubt (FUD) are nevertheless gift withinside the marketplace, so buying and selling extent has dropped and has stayed below $1 billion.
The RSI suggests a promoting fashion, at the same time as the MACD alerts a bullish fashion. In addition, the 50-day transferring common is indicating a bearish fashion under $0.00022, that's performing as a resistance for the time being.
So, at the same time as LUNC is not going to reach $three whenever soon, preserve a watch on $0.00016 as a pass above this will cause shopping for until $0.00027 or $0.00036.
But it's very risky so be careful.