LUNC Bulls Record a 4-Week High: Will the Rally Continue?
- Terra Classic (LUNC) sees renewed bullish vigor, eyeing $0.00007000 as resistance looms.
- High trading volume propels LUNC’s positive trend, with bulls setting a month high.
- KST indicator signals bullish solid momentum despite MACD hint of a potential trend shift.
Bullish momentum for Terra Classic (LUNC) has resurfaced during the last 24 hours after finding support at the day’s low of $0.00006284. As a result, buyers drove the price of LUNC to a new 4-week high of $0.00006716 before meeting some resistance and prompting a modest correction. This price increase indicates buyers have regained interest, which bodes well for continuing the current positive trend.
At press time, LUNC was trading at $0.00006483, a 0.37% increase over the previous day’s closing price. The increased trading volume reflects the significant purchasing pressure in the market, which lends more credence to the market’s positive momentum. If this trend continues and the $0.00006716 resistance level is breached, the next level to monitor is $0.00007000.
Despite a 0.45% decrease in its market capitalization to $376.85M, 24-hour trading volume jumped 84.21% to $53.65M, showing high interes…
The post LUNC Bulls Record a 4-Week High: Will the Rally Continue? appeared first on Coin Edition.
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LUNC Bulls Record a 4-Week High: Will the Rally Continue?
- Terra Classic (LUNC) sees renewed bullish vigor, eyeing $0.00007000 as resistance looms.
- High trading volume propels LUNC’s positive trend, with bulls setting a month high.
- KST indicator signals bullish solid momentum despite MACD hint of a potential trend shift.
Bullish momentum for Terra Classic (LUNC) has resurfaced during the last 24 hours after finding support at the day’s low of $0.00006284. As a result, buyers drove the price of LUNC to a new 4-week high of $0.00006716 before meeting some resistance and prompting a modest correction. This price increase indicates buyers have regained interest, which bodes well for continuing the current positive trend.
At press time, LUNC was trading at $0.00006483, a 0.37% increase over the previous day’s closing price. The increased trading volume reflects the significant purchasing pressure in the market, which lends more credence to the market’s positive momentum. If this trend continues and the $0.00006716 resistance level is breached, the next level to monitor is $0.00007000.
Despite a 0.45% decrease in its market capitalization to $376.85M, 24-hour trading volume jumped 84.21% to $53.65M, showing high interes…
The post LUNC Bulls Record a 4-Week High: Will the Rally Continue? appeared first on Coin Edition.
Read More