$LUNC
🟡 LUNC Price Prediction for May 2025: Can Terra Classic Break Past $0.000064?
Terra Classic (LUNC) is hovering around $0.000062 after a recent rally was rejected just below the $0.000064 resistance level.
🔸 Technical Picture: Momentum Weak Despite Support Holding
On the 4-hour chart, the price is slightly above both the 50-day and 200-day moving averages, which is a positive sign. However, momentum is weak. The Bollinger Bands are tightening, which often means a big move is coming soon. A descending trendline at around $0.00006440 is still stopping the price from moving higher.
🔸 Rising Wedge Pattern and Key Support Zone
Shorter timeframes show a rising wedge pattern forming—a structure that can lead to a drop. Buyers have been stepping in between $0.000059 and $0.000060. If this support breaks, the price could fall back to the $0.0000591 area, where more liquidity exists. To move higher, LUNC needs to break above $0.0000645. The next target would be $0.00006750 if that happens.
🔸 May Outlook: Stuck in a Range or Ready to Reverse?
Daily and weekly charts show that LUNC is still trading sideways, mostly between $0.000059 and $0.000064. On the 4-hour chart, there’s a possible bullish sign: the 20-day and 50-day moving averages are trying to cross above the 200-day. But this hasn’t been confirmed yet.
Other indicators point to fading strength. The MACD histogram is weakening, and the Stochastic RSI is starting to turn down after being overbought.
Zooming out, LUNC is still far below the key $0.000081 Fibonacci level. Bigger recovery targets like $0.000117 and $0.000137 remain out of reach unless trading volume increases significantly.
🔸 Will Buyers Defend $0.000060 or Let It Drop?
If momentum and volume stay low, LUNC is likely to keep trading in a tight range at the beginning of May. A clear break below $0.000060 could send the price down to the $0.000056–$0.000059 zone.
