#Lunc
Trade lunc now. . bullish trendโคโคโคโค
๐ผ๐ฃ๐๐ก๐ฎ๐จ๐ฉ ๐๐ง๐๐๐๐๐ฉ๐จ 555% ๐๐ฅ๐๐ ๐ ๐๐ค๐ง ๐๐๐๐พ ๐๐ง๐๐๐ ๐๐ ๐๐๐๐จ ๐๐๐ฉ๐ฉ๐๐ง๐ฃ ๐๐ก๐๐ฎ๐จ ๐๐ช๐ฉ
Terra Classic (LUNC) is gaining attention again due to new technical analysis suggesting a possible breakout. A crypto analyst believes the LUNC price could increase by as much as 555% if a key pattern is confirmed
In a recent X post, Crypto analyst Javon Marks highlighted a bullish structure forming on the LUNC price chart. According to Marks, LUNC has recently broken out of a massive consolidation pattern and is now confirming bullish signals across volume trends and price divergences.
He highlighted that this reversal could spark a more than 555% climb to $0.0004295, adding that past setups suggest the move could happen faster than many expect.
Earlier, Marks had forecasted an even steeper potential rise of around 590%, highlighting how the tokenโs technical setup differs from that of many altcoins currently on the market.
Despite the renewed optimism, not everyone is convinced a breakout is imminent. Another analyst has raised concerns about LUNCโs slow movement compared to other altcoins that have recently increased in value.
However, supporters of Terra Classic are still optimistic. The token gained 10% this week, and its price is about 10% lower than its three-year high. Many people see this price range as a good chance to buy more.
Recent data indicate that the amount of LUNC staked on the Terra Classic network has decreased below 1 trillion, following the removal of approximately 15 billion tokens from staking in just one week. Observers believe that this sharp drop could be primarily driven by large whale wallets rather than small retail holders.