Terra - LUNATerra Luna Classic - LUNC

Terra Luna Classic Volume Reached $100,000,000 / Lunc Coin Analysis

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Hello, welcome today We have news about Cryptocurrency. Terra Luna Classic Volume Reached $100,000,000 / Lunc Coin Analysis I prepared it, have a good time 🙂

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Terra Luna Classic price is bearish; However, buyers are still hopeful for a bullish reversal above $0.000169, this support level is expanding with an uptrend line. The cryptocurrency market has been tough for investors lately, and most cryptocurrencies fail to make a profit.

Terra Luna Classic experienced a slight price increase, breaking the trend of other major market cap cryptocurrencies.

According to CoinMarketkap statistics, the LUNC price rose less than 0.5% during the Asian session.
As of this writing, it was trading at $0.000175, giving it a market cap of $1 billion. Despite the ongoing fear, uncertainty and doubt in the market, the trading volume rose rapidly and approached $100 million.

A South Korean local news outlet reported on November 17 that the court authorized the confiscation of $104 million of the 140 billion won from Hyun-seong’s alleged proceeds of selling the pre-release LUNA at a high price without notifying ordinary investors.

This decision by the court is an important pre-trial measure aimed at preventing the accused from spending the money before it is handed over to the authorities for trial.

LUNC is currently facing an immediate resistance near $0.0002200 and a bullish break above this level could push the price of LUNC as high as $0.000276. Moreover, the 50-day moving average is capping LUNC’s rise at $0.000279 daily.

Finally, investors can try to buy above $0.000169 with a target price of $0.00022 or $0.00027.

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