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LUNC Records a 52-Week Low, Indicators Hint at Potential Trend Shift


by CoinEdition

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LUNC Records
  • LUNC price hits 52-week low amidst bearish pressure.
  • Trading volume surges as the LUNC market tests oversold levels.
  • Bullish momentum hinted as indicators point to a potential trend shift.

In the previous 24 hours, bearish sentiment in the Terra Classic (LUNC) market drove the price down from an intraday high of $0.0005888 to a 52-week low of $0.00006461 before finding support. At press time, LUNC was trading at $0.00007038, a 9.16% decrease from its previous closing price.

LUNC’s market capitalization fell by 10.15% to $410.04 million, but its 24-hour trading volume increased by 141.55% to $47.11 million. This surge indicates substantial trading activity in the Terra Classic market, most likely driven by pessimistic sentiment.

The rapid price decline and increased trading volume indicate that many traders were likely attempting to exit their positions, possibly driven by profit-taking and panic selling.

LUNC/USD 24-hour price chart
LUNC/USD 24-hour price chart (source: CoinMarketCap)

The Re…

The post LUNC Records a 52-Week Low, Indicators Hint at Potential Trend Shift appeared first on Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 0.0000123

$ 0.000037

+1.66%

$ 0.000161

$ 0.00...816

$ 0.0308

+1.43%

Share:

In This News

Coins

$ 0.0000123

$ 0.000037

+1.66%

$ 0.000161

$ 0.00...816

$ 0.0308

+1.43%

Share:

Read More

Terra Classic (LUNC) Price Prediction: LUNC Open Interest Cools as Price Compresses

Terra Classic (LUNC) Price Prediction: LUNC Open Interest Cools as Price Compresses

Terra Classic (LUNC) continues to trade inside a corrective structure on the four-hou...
If Bitcoin stays near $67k, it breaks the Power Law floor by mid-December

If Bitcoin stays near $67k, it breaks the Power Law floor by mid-December

Bitcoin has until the end of the year to recover, or the Power Law will be invalidate...

LUNC Records a 52-Week Low, Indicators Hint at Potential Trend Shift


by CoinEdition

Share:

LUNC Records
  • LUNC price hits 52-week low amidst bearish pressure.
  • Trading volume surges as the LUNC market tests oversold levels.
  • Bullish momentum hinted as indicators point to a potential trend shift.

In the previous 24 hours, bearish sentiment in the Terra Classic (LUNC) market drove the price down from an intraday high of $0.0005888 to a 52-week low of $0.00006461 before finding support. At press time, LUNC was trading at $0.00007038, a 9.16% decrease from its previous closing price.

LUNC’s market capitalization fell by 10.15% to $410.04 million, but its 24-hour trading volume increased by 141.55% to $47.11 million. This surge indicates substantial trading activity in the Terra Classic market, most likely driven by pessimistic sentiment.

The rapid price decline and increased trading volume indicate that many traders were likely attempting to exit their positions, possibly driven by profit-taking and panic selling.

LUNC/USD 24-hour price chart
LUNC/USD 24-hour price chart (source: CoinMarketCap)

The Re…

The post LUNC Records a 52-Week Low, Indicators Hint at Potential Trend Shift appeared first on Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 0.0000123

$ 0.000037

+1.66%

$ 0.000161

$ 0.00...816

$ 0.0308

+1.43%

Share:

In This News

Coins

$ 0.0000123

$ 0.000037

+1.66%

$ 0.000161

$ 0.00...816

$ 0.0308

+1.43%

Share:

Read More

Terra Classic (LUNC) Price Prediction: LUNC Open Interest Cools as Price Compresses

Terra Classic (LUNC) Price Prediction: LUNC Open Interest Cools as Price Compresses

Terra Classic (LUNC) continues to trade inside a corrective structure on the four-hou...
If Bitcoin stays near $67k, it breaks the Power Law floor by mid-December

If Bitcoin stays near $67k, it breaks the Power Law floor by mid-December

Bitcoin has until the end of the year to recover, or the Power Law will be invalidate...