Price Predictions

Terra Classic Price Prediction: Will Network Updates Rise the LUNC Price Above $0.0003 this September?

lunc

Key Takeaways: 

  • The TerraClassic (LUNC) Price closed the previous day’s trade at $0.0001314 with a market capitalization of $875.96 million and a circulating supply of 6,584.57 billion LUNC
  • The LUNC price is slowly coiling up above the bearish captivity and poised to surge more than 34% in the coming month

Terra Classic (LUNC) Price & Technical Analysis

Current Price $0.000151
LUNC Price Prediction for Today $0.000152
Volatility  11.01%
50-Day SMA $0.000101
14 Day RSI 14.92
Sentiment Neutral
Fear and Greed Index 27 (Fear)
Green Days 14/30 (47%)
200-Day SMA $37.03

Terra Classic Technical Analysis for the Month

Terra Luna Classic

Source: Tradingview

  • The Terra Classic price is trading at $0.000147 after raising its volatility which has assisted the price to range towards the north
  • The price is forming a bullish flag consequently aiming to reach the upper target at $0.000018 initially and later at $0.00002 
  • The RSI has ranged significantly high and as the surge included a couple of pullbacks, the possibility of a major rejection remains off-shore
  • However, the MACD is extremely bullish and hence the upward trajectory may continue for the next couple of weeks ahead.

Additional Read: Top Cryptos this Week

Terra Luna Classic Technical Analysis at a Glance

Terra after its rebranding to TerraClassic was expected to coil up hard but the asset dropped heavily. However, the asset underwent a parabolic recovery to regain the lost levels above $0.000016. Since then the price has been managing to trade within a descending trend which was challenged by the bulls recently.

The LUNC price has been coiling up for the past couple of days and the buying volume has been on the rise. Therefore, a notable upswing for Terra Classic price may be fast approaching. 

Short-Term The price has gained enough buying volume and hence is expected to sustain around the gained levels for some more time ahead
Mid-Term The mid-term forecast is also bullish as the price is firmly heading towards the immediate target
Long-Term The long-term trade currently is skeptical as the probabilities of a pullback cannot be eliminated

Will LUNC Price Reach $0.0001650 Today?

Terra Classic price remained heavily consolidated throughout the previous day between $0.000124 & $0.000134. After recording a bullish close, the LUNC price kicked off the day’s trade with a huge upswing. The price surged by more than 22% since the early trading hours to reach the highs of around $0.0000159. 

No doubt the LUNC price faced a notable rejection, but after a brief pullback continued to regain the lost levels. By the end of the day’s trade, the LUNC price is assumed to regain the highs and surpass $0.00016. An extended bullish case may also surge to hit $0.0001650, else may remain consolidated below the targets. 

Will LUNC Price Reach $0.000250 by the End of the Month?

After a brief upswing in the first few days of August, the LUNC price remained cemented along very narrow levels. The bears tried hard to drop the price lower but the latest surge raised the price extremely high. Therefore, the Terra Classic price prediction for August month is expected to be pretty bullish, closing the trade around $0.00001700

In a larger time frame, the LUNC price has formed a double bottom and just got rejected from the neckline. Therefore, the asset is expected to consolidate for a while before pulling a massive leg up close to $0.0002. By the end of September 2022, the price is expected to hover around $0.0002 as the monthly is historically bearish.

Additional Read: Terra Luna Price Prediction

Terra Luna Classic Price Prediction: Price Trend Comparison with Terra

terra classic price

Source: Tradingview

  • Terra Classic(LUNC) & Terra (LUNA) are the sister tokens which has impacted the entire crypto space to a large extent with the infamous LUNC-USTC crisis
  • The LUNA price was expected to rise high after the relaunch, but the asset is constantly marking new lows
  • On the other hand, LUNC price is significantly recovering, while the recent price action indicates the traders confidence over the rally
  • The LUNA/USDT price dropped from +34.07% to as low as -16.26% while LUNC/USDT price consolidated and dropped to -11.87% and rose like a monster to hit +53.21% 

Additional Read: Luna Technical Analysis

Terra Classic Price Prediction: 2022, 2023, 2024, 2025

Ever since the network upgrade, the TerraClassic Price Prediction remained hot topic of the crypto space. Terra Classic has been displaying a declining tendency off-let but the latest price surge has induced some notable bullish momentum. With a bullish monthly close, the upcoming rally is also expected to be remarkably bullish. 

In the coming days or months, LUNC price is expected to maintain an ascending consolidation and slice through the immediate resistance whenever a heavy volume is induced. Therefore, upcoming years are expected to be pretty bullish but the $1 mark still remains very distinct considering the current market conditions. 

Year LUNC Price Forecast
2022 $0.0001756 to $0.0002010
2023 $0.0002100 to $0.0002900
2024 $0.0003300 to $0.0004200
2025 $0.0005100 to $0.0005500

Terra Classic News Today

  • Terra Network underwent a network upgrade for the validators who unanimously passed a resolution to improve the network to v0.5.22. 

  • Terra rolls out a new Governance alert feature which where-in a Bot will alert the entire community about the latest governance activities

  • The platform just rolled out 1.2% tax burn according to which 1.2% of LUNC coin will be burnt until the supply reaches the 10 billion mark

 

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