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Terra Classic (LUNC) Price Prediction for May 30: Key Triangle Breakout Test Ahead


by Parshwa Turakhiya
for CoinEdition

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Terra Classic (LUNC) Price Prediction for May 30

The Terra Classic (LUNC) price today trades near $0.0000628 after bouncing modestly from an intraday low of $0.0000624. While the broader market remains uncertain, Terra Classic (LUNC) price action is gradually coiling into a critical apex on the 4-hour and daily timeframes, hinting at an imminent breakout or breakdown.

What’s Happening With Terra Classic Price?

Recent trading activity shows Terra Classic (LUNC) price attempting to stabilize above the $0.00006200–$0.00006250 support band, which has been acting as a key short-term demand zone since May 26. The price is currently compressed within a symmetrical triangle pattern, with lower highs meeting higher lows, creating a volatility squeeze just under $0.00006350 resistance.

From a structural standpoint, the bulls continue to defend the rising trendline from the May 26 low, which intersects with horizontal demand in the $0.00006150 region. The bears, however, have been quick to sell rallies into the $0.00006380–$0.00006570 supply zone, keeping price locked within a narrow consolidation channel.

RSI, MACD Suggest Momentum Is Still Indecisive

The post Terra Classic (LUNC) Price Prediction for May 30: Key Triangle Breakout Test Ahead appeared first on Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 0.0000824

$ 0.00544

$ 0.000207

$ 0.0000378

-4.17%

Share:

In This News

Coins

$ 0.0000824

$ 0.00544

$ 0.000207

$ 0.0000378

-4.17%

Share:

Read More

XRP Price Prediction: XRP Struggles Below Key Averages as Sellers Hold Short-Term Control

XRP Price Prediction: XRP Struggles Below Key Averages as Sellers Hold Short-Term Control

XRP price action on the 4-hour chart reflects a market struggling to regain momentum ...
Ethereum Price Prediction: ETF Outflows Keep ETH Pinned Near $2,900 Support

Ethereum Price Prediction: ETF Outflows Keep ETH Pinned Near $2,900 Support

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Terra Classic (LUNC) Price Prediction for May 30: Key Triangle Breakout Test Ahead


by Parshwa Turakhiya
for CoinEdition

Share:

Terra Classic (LUNC) Price Prediction for May 30

The Terra Classic (LUNC) price today trades near $0.0000628 after bouncing modestly from an intraday low of $0.0000624. While the broader market remains uncertain, Terra Classic (LUNC) price action is gradually coiling into a critical apex on the 4-hour and daily timeframes, hinting at an imminent breakout or breakdown.

What’s Happening With Terra Classic Price?

Recent trading activity shows Terra Classic (LUNC) price attempting to stabilize above the $0.00006200–$0.00006250 support band, which has been acting as a key short-term demand zone since May 26. The price is currently compressed within a symmetrical triangle pattern, with lower highs meeting higher lows, creating a volatility squeeze just under $0.00006350 resistance.

From a structural standpoint, the bulls continue to defend the rising trendline from the May 26 low, which intersects with horizontal demand in the $0.00006150 region. The bears, however, have been quick to sell rallies into the $0.00006380–$0.00006570 supply zone, keeping price locked within a narrow consolidation channel.

RSI, MACD Suggest Momentum Is Still Indecisive

The post Terra Classic (LUNC) Price Prediction for May 30: Key Triangle Breakout Test Ahead appeared first on Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 0.0000824

$ 0.00544

$ 0.000207

$ 0.0000378

-4.17%

Share:

In This News

Coins

$ 0.0000824

$ 0.00544

$ 0.000207

$ 0.0000378

-4.17%

Share:

Read More

XRP Price Prediction: XRP Struggles Below Key Averages as Sellers Hold Short-Term Control

XRP Price Prediction: XRP Struggles Below Key Averages as Sellers Hold Short-Term Control

XRP price action on the 4-hour chart reflects a market struggling to regain momentum ...
Ethereum Price Prediction: ETF Outflows Keep ETH Pinned Near $2,900 Support

Ethereum Price Prediction: ETF Outflows Keep ETH Pinned Near $2,900 Support

Ethereum price today trades near $2,925 after failing to sustain a short-term rebound...