• LUNC’s steady price rise is linked to strategic token burns, boosting investor confidence and buying interest.
• Increasing trading volume indicates strong buying interest, supporting LUNC’s bullish short-term price trend.
• Moderate yet steady burn rate increases support a continued bullish trend, maintaining higher LUNC price levels.

Terra Classic (LUNC) is showing signs of a potential price surge, driven by strategic token burns. Currently trading at $0.0001227, LUNC has gained 3.59% over the past 24 hours. This upward movement began at $0.0001186, peaking at $0.000124 before slightly retracing to its current price. A significant increase in trading volume, up 76.61% to $41.29 million, suggests strong buying interest and the potential for further gains.

In the short term, the price action indicates bullish sentiment. The immediate support level around $0.000120 has been tested multiple times, demonstrating substantial buying interest and demand. The major support level at $0.0001186, the day’s starting price, provides a solid base after successfully withstanding earlier downward pressure.

On the resistance side, the immediate level at $0.000124 was touched …

The post Terra Classic (LUNC) Burns Its Way to a Potential Price Rally appeared first on Coin Edition.

• LUNC’s steady price rise is linked to strategic token burns, boosting investor confidence and buying interest.
• Increasing trading volume indicates strong buying interest, supporting LUNC’s bullish short-term price trend.
• Moderate yet steady burn rate increases support a continued bullish trend, maintaining higher LUNC price levels.

Terra Classic (LUNC) is showing signs of a potential price surge, driven by strategic token burns. Currently trading at $0.0001227, LUNC has gained 3.59% over the past 24 hours. This upward movement began at $0.0001186, peaking at $0.000124 before slightly retracing to its current price. A significant increase in trading volume, up 76.61% to $41.29 million, suggests strong buying interest and the potential for further gains.

In the short term, the price action indicates bullish sentiment. The immediate support level around $0.000120 has been tested multiple times, demonstrating substantial buying interest and demand. The major support level at $0.0001186, the day’s starting price, provides a solid base after successfully withstanding earlier downward pressure.

On the resistance side, the immediate level at $0.000124 was touched …

The post Terra Classic (LUNC) Burns Its Way to a Potential Price Rally appeared first on Coin Edition.