LUNC Price Prediction for May 2025: Can Terra Classic Break Out of the $0.000064 Ceiling?
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- LUNC trades around $0.000062 with resistance at $0.00006440 capping upside momentum.
- Price forms a rising wedge pattern with support at $0.000059–$0.000060 under pressure.
- Momentum indicators turn neutral as bulls await breakout above $0.0000645 for confirmation.
Terra Classic (LUNC) is consolidating near $0.000062 after a recent relief rally failed just under the $0.000064 resistance level.
The 4-hour chart shows price floating above both the 50-EMA and 200-EMA, but upward momentum is weak. Bollinger Bands are narrowing, hinting at a volatility squeeze. A descending trendline resistance near $0.00006440 continues to cap gains, according to technical indicators.
Intraday Pattern Shows Rising Wedge, Key Support Tested
On shorter timeframes, a rising wedge pattern appears to be forming with visible demand between $0.000059 and $0.000060.
If this support breaks, price may revisit the $0.0000591 liquidity zone. Reclaiming $0.0000645 remains critical for any upward push, with $0.00006750 as the next upside zone to test.
May Outlook: Range-Bound or Reversal?
Looking at daily and weekly charts, LUNC…
The post LUNC Price Prediction for May 2025: Can Terra Classic Break Out of the $0.000064 Ceiling? appeared first on Coin Edition.
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LUNC Price Prediction for May 2025: Can Terra Classic Break Out of the $0.000064 Ceiling?
Share:
- LUNC trades around $0.000062 with resistance at $0.00006440 capping upside momentum.
- Price forms a rising wedge pattern with support at $0.000059–$0.000060 under pressure.
- Momentum indicators turn neutral as bulls await breakout above $0.0000645 for confirmation.
Terra Classic (LUNC) is consolidating near $0.000062 after a recent relief rally failed just under the $0.000064 resistance level.
The 4-hour chart shows price floating above both the 50-EMA and 200-EMA, but upward momentum is weak. Bollinger Bands are narrowing, hinting at a volatility squeeze. A descending trendline resistance near $0.00006440 continues to cap gains, according to technical indicators.
Intraday Pattern Shows Rising Wedge, Key Support Tested
On shorter timeframes, a rising wedge pattern appears to be forming with visible demand between $0.000059 and $0.000060.
If this support breaks, price may revisit the $0.0000591 liquidity zone. Reclaiming $0.0000645 remains critical for any upward push, with $0.00006750 as the next upside zone to test.
May Outlook: Range-Bound or Reversal?
Looking at daily and weekly charts, LUNC…
The post LUNC Price Prediction for May 2025: Can Terra Classic Break Out of the $0.000064 Ceiling? appeared first on Coin Edition.
In This News
Coins
Share:
In This News
Coins
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Read More
Bitcoin can rebound fast and hard as $7.7T in “sidelined funds” enter new opportunity window