Terra Luna Classic Holds Key Support as Tight Trading Range Follows 8.9% Weekly Decline

Terra Classic Regains $1B Market Cap After 25% LUNC Rally

  • LUNC closed at $0.00005472 with a 8.9 per cent weekly down turn and support at $0.00005272.
  • Resistance at $0.00005488 continues to restrict upward moves, keeping the price inside a narrow trading corridor.
  • LUNC shows a 3.3% shift against Bitcoin, while remaining comparatively stable in Ethereum pairings.

Terra Luna Classic (LUNC) is trading at $0.00005472 having fallen 8.9%in the past one week. The token has in the recent past found itself around a key support level of $0.00005272, which it has withstood in the course of prolonged retreats. As the wider altcoin market re-tests long-term trendlines, LUNC is in a constricting trading range where equilibrium could determine future direction. Significantly, support and resistance are very tightly bunched together here, with hardly any room for prices to fluctuate in the short term.

LUNC Trades in Tight Range as Resistance Caps Short-Term Upside

The market is still undergoing resistance at LUNC at the immediate price set at 0.00005488 that has limited any upward efforts over the past 24 hours. The trading range is an indication of a limited formation, with price oscillating within a small zone of support and resistance level. These limits are being sharply followed by the market participants as they determine the short-term dynamics of the token. Interestingly, this consolidation has come as more volatility is expected in the sector in general in the last quarter of the year.

https://twitter.com/TheMoonHailey/status/1971790022514016698

LUNC Holds at Support as Mixed Pair Performance Highlights Constrained Structure

Over the past week, LUNC’s value has shifted against leading assets, showing varied results. The token is trading at 0.094994 BTC, with a 3.3% change recorded in this pair. Against Ethereum, however, it has shown little progress, remaining comparatively stable within its current alignment. These relative values underline the uneven movement across trading pairs, even as the U.S. dollar valuation continues to compress toward support. Consequently, this mixed performance has reinforced the importance of close observation at the defined levels.

The recent decline has brought LUNC to its support floor, while the resistance cap remains firmly in place. Price action now reflects the convergence of both levels, which often precedes significant directional changes. Furthermore, market watchers emphasize that stability around the support zone could provide context for future shifts in trend. The restricted structure highlights the relevance of short-term trading ranges, where fluctuations are likely to define the next stage of movement.


Earn more PRC tokens by sharing this post. Copy and paste the URL below and share to friends, when they click and visit Parrot Coin website you earn: https://parrotcoin.net0


PRC Comment Policy

Your comments MUST BE constructive with vivid and clear suggestion relating to the post.

Your comments MUST NOT be less than 5 words.

Do NOT in any way copy/duplicate or transmit another members comment and paste to earn. Members who indulge themselves copying and duplicating comments, their earnings would be wiped out totally as a warning and Account deactivated if the user continue the act.

Parrot Coin does not pay for exclamatory comments Such as hahaha, nice one, wow, congrats, lmao, lol, etc are strictly forbidden and disallowed. Kindly adhere to this rule.

Constructive REPLY to comments is allowed

Leave a Reply