Price Predictions

TerraClassic (LUNC) Price Prediction Weekly (June 2022): LUNC Price Feared to Drop By 10% this Weekend!

LUNC Price

Key Takeaways:

  • LUNC price closed the previous day’s trade at INR 0.00736 with a market capitalization of INR 48.30 billion and a circulating supply of 6,541.55 billion LUNC
  • The LUNC price is swinging within a bearish pattern and hence appears to have laid down a predetermined path towards the immediate lows below INR 0.0065
  • Conversely, the prices could eventually rebound after a retesting the lower support and range high to gulp a zero from its value soon

TerraClassic Price Analysis:  Will LUNC Price Hit INR 0.008 This Week of June?

The TerraClassic price after a huge extended consolidation appears to have approached the apex of the consolidation. Therefore, a breakout seems to be fast approaching, yet the depleted volume may hinder the progress of the rally ahead. It is quite evident that the traders have now shifted their focus from the asset and hence even in case of a breakout, the intensity may be pretty less. 

As the weekend is approaching fast, the asset may try hard to break above the current consolidation. The price could eventually rise above INR 0.0075, but for a short span of time and quickly drop back to the previous consolidation zone. Moreover, a rejection at these levels may eventually ignite a descending trend towards the lower support close to INR 0.0065

Additional Read: What is Terra LUNA 2.0 Airdrop

TerraClassic Price Prediction: LUNC Price Trend Comparison with LUNA (Last 30 Days)

Source: Tradingview

  • LUNA is the primitive token that came into existence due to the infamous LUNC-USTC crisis in the recent past
  • The day new LUNA tokens were airdropped, both the tokens ranged extremely high but very soon dropped mercilessly
  • Since then both maintained a deeply correlated trend and surged and plunged with a similar intensity 
  • The LUNC price after flipping from -40% rose to hit +25% and currently hovering at around -27.91% 
  • On the other hand, the LUNA price reached the peak to +40% from the average levels and after facing a huge plunge is trading at -7.28% from the average levels

Top Gainers & Losers of the Week

Top Gainers

Crypto Price* 7-Day Percentage Change
The Graph(GRT) INR 14.04 +23.6%
STP Network(STPT) INR 5.32 +52.3%
MyNeighbourAlice(ALICE) INR 244.02 +19.5%
Helium (HNT) INR 730.22 +27.8%

 

Top Losers

Crypto Price* 7-Day Percentage Change
Internet Computer(ICP) INR 629.06 +10.7%
Waves (WAVES) INR  771.75 +112.6%
Siacoin(SC) INR 0.45 -1.1%
Solana (SOL) INR 3067.15 -9.3%

*Prices are of 06 June 2022 at 4 pm

What’s New on CoinDCX? New Coin Listings on CoinDCX App

Crypto Price*
Moonbeam (GLMR) INR 107.27
Livepeer (LPT) INR 999.94
Kava (KAVA) INR 206.77
STEPN(GMT)  INR 83.35

*Prices are of 04 June 2022 at 12 pm

Download CoinDCX App, India’s safest and simplest crypto investment app. 


Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. In case you have any queries, write to [email protected].

The above information represent the independent views of Primestack Pte. Ltd, Neblio Technologies Pvt. Ltd, and/or their affiliate entities and are for informational & educational purposes only. The content, information or data provided above is not an offer, or solicitation of an offer, to invest in, or to buy or sell any interest or shares, virtual digital assets/ crypto products or securities, or to participate in any investment or trading strategy. Any statement or communication made above shall not be treated as a legal, financial, investment or tax advice by the reader. The calculations, data, risk-return formulations, performance or market capitalization indicators captured above are based on the independent data sourcing including collation of public information and/or analysis performed by analysts, advisors or employees of Primestack Pte. Ltd/ Neblio Technologies Pvt. Ltd and/or their affiliate companies and/or any third party. Past performance is not indicative of any future results. The reader(s) are hereby advised to consult their financial/ legal/ tax advisor(s) before making any investment.


 

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