Terra Luna Classic Price Prediction as LUNC Sees $100,000,000 Trading Volume Come In

Crypto Update
6 Min Read

- Advertisement -

Earth Luna Classic Price Prediction recession; However, the buyers are still expecting a bullish reversal above $0.000169, a support extended by the upward trend line. The cryptocurrency market has been rough for investors lately, with most cryptocurrencies unable to generate profits.

Terra Classic (LUNC) experienced modest price growth, bucking the trend of other large market-cap cryptocurrencies.

based on data from coinmarket capLUNC price gained less than 0.50% during the Asian session.

As of this writing, it was trading at $0.000175, giving it a market cap of $1 billion. Despite ongoing fear, uncertainty and doubt (FUD) in the market, the trading volume has increased and is close to $100,000,000.

Terra Classic (LUNC) price and token economics – Source: Coinmarketcap

South Korean authorities seize $100 million in Terra assets

Terraform Labs co-founder Shin Hyun-seong’s assets have been frozen by a South Korean court, for his role in the collapse of the Terra (LUNA) ecosystem.

as of 17 November report good From a South Korean local news outlet, the court has allowed the forfeiture of 140 billion won ($104 million) in earnings Hyun-seong received from allegedly selling pre-release LUNA at a high price without disclosing to ordinary investors. did.

The court order is an important pre-trial measure aimed at preventing the accused from spending money before they are handed over to the authorities for trial. Hyun-seong is the subject of an ongoing investigation by prosecutors into allegations that he illegally profited from the launch of Terra Environmental-related properties.

Along with this, the accused is said to have shared sensitive financial information about customers of Tea Corporation with Terraform Labs.

Terra Luna Classic Price Prediction

LUNC is currently facing an immediate resistance near $0.0002200, and a bullish break above this level could propel LUNC price towards $0.000276. Moreover, the 50-day moving average limited the gains of LUNC to $0.000279 on the day.

Terra Luna Classic Price Chart – Source: Tradingview

Since both the RSI and MACD indicators are in the sell zone, a bearish breakout is very likely. Support will remain near $0.000169 and selling pressure will increase and a bearish breakout could lead to more selling till $0.00012 is reached.

Lastly, the investors may look to buy above $0.000169 with targets at $0.00022 or $0.00027.

3 coins can be 10x

Although the cryptocurrency market is currently bearish, the three coins on the pre-sale below have high upside potential.

Dash 2 Trade (D2T)

Dash 2 Trade is a concept developed by Learn 2 Trade, a well-known trading signals company, which will launch in the first quarter of 2023. The platform aims to provide market-driven insights to help investors make informed decisions.

D2T also provides trading signals, social analytics and even market sentiment analysis to enhance the trading experience. According to the development team, Dash 2 Trade wants to be a Bloomberg trading terminal for cryptocurrencies. The platform also includes automation and backtesting capabilities to automate trading processes and optimize all trading methods.

Dash 2 Trade includes a notification service that notifies investors of all new coin listings on centralized exchanges, giving them access to information that was previously only available to specific investors. With so much potential, it’s no wonder D2T Pre Sale The numbers have been phenomenal.

The digital currency has already raised over $6,460,873 ($6.4 million).

Visit Dash 2 Trade Now

Calvaria (RIA)

calvaria There is an exciting new cryptocurrency gaming project that has the potential to dominate the play-to-earn market. Two major barriers to the widespread adoption of Web3 gaming have been identified by the Calvaria developers. While investors see the potential for Web3 games, users do not.

Pre-sales for Calvaria, which is already in Phase 4 of 10 and close to $1.8 million, are gaining traction. Investors are increasingly attracted to the growing GameFi project as the price of the native RIA token increases significantly with each pre-sale phase.

In stage 4 the price of each token was $0.025, but by stage 5, the price had increased to $0.03, and in stage 10 the token was priced at $0.055.

Visit Calvaria Presale Now

Robotera (Tarot)

Tarot is another project that has the potential to transform the gaming community and the virtual world. Pre-sales of the property have just started, and there is already a lot of interest from potential buyers.

RobotEra, a blockchain-based metaverse in which users can create avatars and explore a digital world, is the native token of the Tarot platform. Players in Robotera have access to a wide range of real estate options, including the ability to purchase land, build on it, and expand their territories with various infrastructure.

The goal is to create a metaverse in which everyone feels safe and secure in their personal property holdings. In addition, Robotera has a shared metaverse where users can engage in a wide variety of activities such as sports, concerts, and other competitive events. first phase of Tarot’s pre-sale is now liveAnd it’s selling out quickly.

Visit Robotera (Tarot) Pre-Sale Now



Bitcoin Crypto Related Post

Share this Article
Leave a review

Leave a review

Your email address will not be published. Required fields are marked *

adbanner