According to the daily chart, the Terra Classic price prediction shows that LUNC is likely to move bullishly above the channel.
Terra Classic Prediction Statistics Data:
- Terra Classic price now – $0.000193
- Terra Classic market cap – $1.1 billion
- Terra Classic circulating supply – 5.9 trillion
- Terra Classic total supply – 6.8 trillion
- Terra Classic Coinmarketcap ranking – #47
Resistance levels: $0.000245, $0.000250, $0.000255
Support levels: $0.000130, $0.000125, $0.000120
LUNC/USD is moving to cross above the upper boundary of the channel as the coin keeps hovering above the 9-day and 21-day moving averages. Since the last few weeks, the Terra Classic price has been considered moving sideways until it touches the resistance level of $0.000210 today. However, the technical indicator Relative Strength Index (14) crosses above the 40-level, confirming the bullish movement in the market.
Terra Classic Price Prediction: Would LUNC Price Head to the Upside?
According to the chart, the Terra Classic price may stable above the 9-day and 21-day moving averages, and if the coin continues with the bullish movement, it could head toward the resistance level of $0.000220 after which it could hit the resistance levels of $0.000245, $0.000250, and $0.000255.
On the contrary, if the coin slide below the moving averages, it could return the coin to the downtrend which can locate the support levels of $0.000130, $0.000125, and $0.000120 respectively. Meanwhile, long-term buyers should not be bothered by the small impact on the road, as the future of LUNC is assured as revealed by the technical indicator Relative Strength Index (14).
Against Bitcoin, the Terra Classic price is seen hovering above the 9-day and 21-day moving averages. The technical indicator Relative Strength Index (14) also crosses above the 50-level, which could increase the bullish movement. However, a possible rise may surface once the technical indicator crosses above the 70-level, and this may cause the coin to hit the resistance level of 1.050 SAT and above.
Meanwhile, any bearish movement below the 9-day and 21-day moving averages could bring the coin to the support level of 0.600 SAT and below. Therefore, any further bullish movement to the upside may take the coin to a new high.
Terra Classic Alternatives
The Terra Classic price moving sideways and buyers may need to push the coin above the upper boundary of the channel. However, with the fact that the Terra Classic price touches the daily high of $0.000210 today, it is likely for the to retreat a little before heading to the upside. Meanwhile, the Meta Masters Guild presale continued to go full steam ahead today, raising an additional $150,000 in the last 24 hours to advance to Stage 5. Therefore, MEMAG tokens will continue to increase in price through seven presale stages and the presale is 55% sold out after earning $2.7 million of its $4.97 million limit in just three weeks.
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