The crypto industry has proven that anything is possible, as evidenced by Bitcoin's remarkable growth. Terra Luna Classic, with a market cap of nearly $1 billion, is another example of the industry's unpredictability.
Can LUNC Jump to $1?
For LUNC to reach $1, it would need to rise by over 624,900% from its current level. While possible, this seems unlikely in the near term.
A More Realistic Forecast:
A more plausible Terra price forecast is a jump to $0.000254, its highest level on March 5, and 50% above the current level. This price action is likely possible due to:
1. Golden Cross Chart Pattern: LUNC has formed a golden cross chart pattern, indicating a potential bullish trend.
2. Cup and Handle Chart Pattern: LUNC is also forming a cup and handle chart pattern, a bullish sign that could lead to a price increase.
While reaching $1 might be a long shot, a more modest price increase to $0.000254 is a more realistic and achievable goal for LUNC.
