Terra LUNA Classic Price Prediction As LUNC Resurrects From Its Ashes

Summary:
  • Terra LUNA Classic price prediction - LUNC/USD is about to flip very bullish due to a breakout above $0.115 resistance.

Terra LUNA Classic (LUNC) price has suddenly woken up after a long slump. After a 28% surge last week, the altcoin is still pumping this week. On Monday, the price is up 20.32% at press time and the outlook is about to flip very bullish.

However, due to a strong surge in the last two weeks, the price has hit a crucial resistance level which may result in at least a temporary pullback on the lower timeframe. This is the $0.0000115 level which I have repeatedly mentioned in my previous articles.

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It is worth mentioning here, that the ongoing bullish price action in the Terra Classic is due to the recent rise in the altcoin dominance and the Total 3 market capitalization which recently hit its fresh 52-week highs.

At the time of writing, LUNC crypto is trading at its highest level since April 2023. However, for a bullish Terra LUNA Classic price prediction bulls must flip the $0.0000115 level into a strong support. Such a move may unlock a huge upside.

Terra Classic price chart
LUNC/USD Chart