The entire crypto market is currently centered around LUNC and USTC as the price of the Terra Luna Classic (LUNC) soared because of strategic developments. On Monday, November 27, 2023, i.e. yesterday, the price of the Terra Luna Classic token surged after the community voted to pass a proposal that could see the aforementioned assets make a comeback. Currently, everyone is focussing on the price of Terra Luna Classic as its price surged by 50 percent in the past 24 hours, trading at $0.0001176. Do you know LUNC started showing an uptrend on Friday, November 24, 2023, when it soared around 70 percent trading at $0.000124 which was last seen in April? In the following sections of this column, we have given all the latest updates on the Terra Luna Classic price. As everyone is predicting the price of Terra Luna Classic, you are also suggested to go through the article till the end. Drag down the page.
Terra Luna Classic Price Prediction
The significant surge in the price of LUNC and USTC was seen after the proposal for the on-chain rollout of Terrad client v2.3., aimed at getting community approval, pertains to the incorporation of the validator commission module. With 99.96 percent of all votes in favor of the Sequence Mismatch Issue Resolution proposal, 11885 exploded the prices of LUNC and USTC in double and triple digits. Continue reading this article for more details.
Notably, LUNC received overwhelming support in the past 24 hours which allowed the cryptocurrency to surge over $0.0001 to kill one zero. Nevertheless, the market value of the token also touched $0.00013. Speaking of the current price of 1 Terra Luna Classic, it is trading at $0.000093. LUNBC has dropped more than 20 percent in the past 24 hours. On Monday, November 27, at around 7:30 pm, the LUNC price was 0.00001228. Shift to the next section and read more details.
A glimpse of the MACD (Moving Average Convergence Divergence) indicator fortifies the bullish viewpoint by revalidating the buy signal. Traders are expected to continue to open new long positions in LUNC as long as the momentum indicator sustains the uptrend above the neutral area and the blue Moving Average Convergence Divergence line holds above the red signal line. LUNC is also tapping a strategic bullish cross on the daily chart formed when the 50-day EMA (Exponential Moving Average) or red line on the chart crosses above the 100-day EMA or blue line of the chart. Stay tuned to this website.