Terra Luna Classic Price Prediction as LUNC Blasts Up 7.4% – Where is LUNC Heading Now?
Foreign Luna classic price prediction as long blasts of seven four percent wears lung heading now the Terra Luna classic price has risen to 17 240 cents today with the coin Rising by as much as seven four percent in the past 24 hours the spike has been caused by anticipation
Surrounding the next binance burn update with the exchange set to report today on how much lunk it has burned since last November despite today’s Spike lunk remains up by only four percent in the last 30 days however if finances update does reveal the large burn count that many are expecting long could see
Further gains in the coming days Terra Luna classic price prediction as long blasts of seven four percent wears long heading now lung indicators suggest that now may be a very good time to buy its relative strength index purple has jumped from just under 50 to 70 in the
Past few hours signaling some very strong buying momentum encouragingly long 30-day moving average red has begun rising up towards its 200-day average blue that it remains below the longer term average could mean that this rally has plenty of time left before it runs out of steam if lung can break the 175
Cents resistance level the rally could reach new levels it did temporarily breach this level this morning yet it came back down suggesting that it may still be a little early for a breakout but is noted above binance is set to update its long burn count today if it
Reveals a big total this could cause another Spike to the lung price potentially pushing it through its current resistance level regardless lung has seen a number of positive developments in recent weeks that suggest it’s only a matter of time before the coin Witnesses some big gains most notably the Terra Luna classic
Community last month passed a plan to repeg lung sister stablecoin ask as we’ve noted before a repeg would require a large-scale burn of lung tokens which in turn would imply a jump in lung price given that recent increases have been achieved on the back of burning only
39.6 billion lunk out of a circulating supply of 5.9 trillion the burning of a large quantity of the coin could really give its price a shot in the arm more recently the Terra Luna classic blockchain underwent an update last night that introduced a number of positive changes this includes the
Ability for developers to change code parameters more easily while observers have simply noted that the update testifies to the cohesion and unity of the Terra Luna classic Community indeed this update counteracts concerns that the community may still be too divided to make real progress given conflicts over the aforementioned repaid proposal
As well as a proposal to Halt payments to certain developers the optic shows that despite occasional differences Terra Luna classic is moving forwards overall towards a common goal as such some holders have become very confident that the lung price will experience massive appreciation this year some supporters are even eyeing one dollar
Which would entail a rise of over 500 000 from its current price a more realistic Target for long at this time would therefore be somewhere around two cents which the coin could reach in the next few weeks assuming good news from binance from there it could look at
Shaving off one or two decimal places by the end of the year by Terra Luna classic now lunk Alternatives lunk isn’t the only coin with exciting prospects at the moment with a number of other high potential tokens also available to investors for this reason we put together a list of the top 15
Cryptocurrencies for 2023 as analyzed by the crypto news industry talk team the list is updated weekly with new altcoins and Ico projects so be sure to check back for New entries see the 15 cryptocurrencies disclaimer the industry talk section features insights by crypto industry players and is not a part of
The editorial content of kryptonews.com foreign
Terra Luna Classic Price Prediction as LUNC Blasts Up 7.4% – Where is LUNC Heading Now?
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Terra Luna Classic Price Prediction as LUNC Blasts Up 7.4% – Where is LUNC Heading Now?.
The Terra Luna Classic price has risen to $0.00017240 today, with the coin rising by as much as 7.4% in the past 24 hours. The spike has been caused by anticipation surrounding the next Binance burn update, with the exchange set to report today on how much LUNC it has burned since last November.
Despite today’s spike, LUNC remains up by only 4% in the last 30 days. However, if Binance’s update does reveal the large burn count that many are expecting, LUNC could see further gains in the coming days.
Terra Luna Classic Price Prediction as LUNC Blasts Up 7.4% – Where is LUNC Heading Now?.
LUNC’s indicators suggest that now may be a very good time to buy. Its relative strength index (purple) has jumped from just under 50 to 70 in the past few hours, signalling some very strong buying momentum.
Encouragingly, LUNC’s 30-day moving average (red) has begun rising up towards its 200-day average (blue). That it remains below the longer term average could mean that this rally has plenty of time left before it runs out of steam.
If LUNC can break the $0.0000175 resistance level the rally could reach new levels. It did temporarily breach this level this morning, yet it came back down, suggesting that it may still be a little early for a breakout.
But as noted above, Binance is set to update its LUNC burn count today. If it reveals a big total, this could cause another spike to the LUNC price, potentially pushing it through its current resistance level.
Regardless, LUNC has seen a number of positive developments in recent weeks that suggest it’s only a matter of time before the coin witnesses some big gains. Most notably, the Terra Luna Classic community last month passed a plan to re-peg LUNC’s sister stablecoin, USTC.
As we’ve noted before, a re-peg would require a large-scale burn of LUNC tokens, which in turn would imply a jump in LUNC’s price. Given that recent increases have been achieved on the back of burning only 39.6 billion LUNC (out of a circulating supply of 5.9 trillion), the burning of a large quantity of the coin could really give its price a shot in the arm.
More recently, the Terra Luna Classic blockchain underwent an update last night that introduced a number of positive changes. This includes the ability for developers to change code parameters more easily, while observers have simply noted that the update testifies to the cohesion and unity of the Terra Luna Classic community.
Indeed, this update counteracts concerns that the community may still be too divided to make real progress, given conflicts over the aforementioned re-peg proposal as well as a proposal to halt payments to certain developers. The update shows that, despite occasional differences, Terra Luna Classic is moving forwards overall, towards a common goal.
As such, some holders have become very confident that the LUNC price will experience massive appreciation this year. Some supporters are even eyeing $1, which would entail a rise of over 500,000% from its current price.
A more realistic target for LUNC at this time would therefore be somewhere around $0.0002, which the coin could reach in the next few weeks, assuming good news from Binance. From there, it could look at shaving off one or two decimal places by the end of the year.
Buy Terra Luna Classic Now
LUNC Alternatives.
LUNC isn’t the only coin with exciting prospects at the moment, with a number of…
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Lunc is the best
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