শনিবার, ১৩ জুলাই ২০২৪, ১০:৩১ অপরাহ্ন
Terra Classic price showcases the caged status of LUNC crypto inside the horizontal price range over the daily time frame chart.
Terra Classic price prediction states how LUNC crypto needs to attract more buyers in order to surge towards the upper threshold of the consolidation phase.
However, volume change can be seen below average and needs to grow in favor of bulls.
Meanwhile, LUNC crypto has declined below the 20, 50, 100 and 200-days Daily Moving Averages.
LUNC crypto had tried multiple times to register its breakout but couldn’t sustain at the upper price range of the consolidation phase and slumped instead.
However, in the recent past, LUNC has shown a poor record. Terra Classic price has lost 5.98% in a week and 7.14% in a month. Moreover,
LUNC crypto has dropped 22.91% in the last three months. Also, Terra Classic crypto has slipped around 52.68% in the last six months and 44.04% year-to-date. This showcases that 2023 has not been great for LUNC cryptocurrency, yet.
Technical indicators suggest Terra Classic price is in a consolidation phase.
The relative strength index (RSI) showcases the sideways momentum of LUNC cryptocurrency. However, the moving average convergence divergence (MACD) exhibits the downtrend momentum of LUNC crypto inside the consolidation phase.
RSI was at 39 and was flat below neutrality, waiting for any directional change. On the other hand, the MACD line is below the signal line after a negative crossover.
Investors in Terra Classic cryptocurrency need to wait for any directional change over the daily time frame chart.
Summary
Terra Classic price prediction suggests that the consolidation phase of LUNC crypto is inside the horizontal price range of $0.00008017 and $0.00009724. However, the volume has not been in favor of the bulls for a while. Terra Classic price has lost 5.98% in a week and 7.14% in a month.
Technical indicators also highlight the consolidation phase of Terra Classic price. Investors in Terra Classic cryptocurrency need to wait for any directional change over the daily time frame chart.
Technical Levels
Support Levels: $0.00008020 and $0.00007580
Resistance Levels: $0.00008675 and $0.00009725
