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Terra Classic (LUNC) price forecast – September 1
The LUNC market rises in resistance to the trading price of the US dollar at fluctuating levels. In the last thirty days, the crypto economy was in the low and high value lines of $0.00007154 and $0.0002437. At the time of writing, the price at $0.0002252 has positive signs on most indicators.
Terra Classic (LUNC) price statistics:
Price of lunch now – $0.0002252
LUNC market value – 1.5 billion dollars
LUNC transfer offer – 6.6 trillion
Total supply of LUNC – 6.9 trillion
Coinmarketcap Rank – #208
Lunch / US dollar market
Key steps:
Resistance levels: $0.00025, $0.00027, $0.00029
Support levels: $0.00020, $0.00018, $0.00016
LUNC/USD – Long term chart
The long-term chart of LUNC/USD shows the crypto market sprouting at volatile resistances following a northward gap crossing during the August 30 trading session, which saw the price rise to a high near $0.0001350. . The 14-day SMA indicator is at $0.00015955 from the $0.00012450 price line of the 50-day SMA indicator. Stochastic Oscillators are in the 96.53 and 97.64 range.
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Will the LUNC/USD market sustainably push above the $0.0002437 high soon?
There are still less active forces pushing the LUNC/USD market higher at $0.0002437 as the crypto price rises above the SMAs trend lines with various resistances. The bullish trend line was below the psychological bottom of the bullish trading candles that form the path to the lunar side. Today’s session made the trip north look like a straight line. The formation of a bearish candlestick order around the $0.00025 resistance could signal the resumption of a correction in the market. Therefore, buyers should be wary of the speculative analysis that follows.
On the downside of the technical analysis of the LUNC/USD market, although the price has been trading in an overbought condition, sellers may be cautious. Short orders still need to reject some levels to take a pattern above the $0.00025 resistance trade line before the restart.
Lunch/USD Intermediate Chart
The medium-term chart of LUNC/USD shows the crypto market firing to break through some alternate resistance, away from the SMAs’ buy signal side. The 14-day SMA indicator is above the $0.00015363 value line of the 50-day SMA indicator by $0.00019487. Stochastic Oscillators are on the lower side, maintaining the 12.15 and 11.68 range values in the oversold range. Traders in all directions should be cautious of their positions at this time. However, investors don’t seem to be afraid of making some of their dividends or profits last longer by adding more to their portfolios before cashing them out later.
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