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LUNA

Why Is Luna Classic (LUNC) Price Skyrocketing Today?Luna Classic (LUNC) price has skyrocketed by 60% in response to strategic investment and USTC perpetual contract launch by Binance. The sudden upsurge witnessed in Terra Classic tokens in the last 48 hours is not the first time for the Terra ecosystem. The community-led Terra Luna Classic chain witnessed multiple revival efforts from introducing burning to inter-blockchain communication (IBC). LUNC price has skyrocketed by 60% in response to strategic investment and perpetual contract launch by Binance. Terra Luna Classic (LUNC) Gains 60% With multiple key proposals passed by the community and positive sentiment amid broader crypto market recovery, Luna Classic Labs purchased 25.6 million USTC worth about $500,000 as part of its treasury reserve policy at an average purchase price of $0.021 per USTC. Trader QT, a partner of Luna Classic Labs, stated this is an initial investment. It resulted in a 100% jump in USTC price, with the community noting a breakout above resistance. USTC witnessed a further pump as investors also poured money into USTC. It triggered an upside move in the Terra Classic (LUNC), with traders noting a massive increase in liquidity and trading volumes. Binance Futures launching the USD-M USTC Perpetual Contract with up to 50x leverage sparked further rally. USTC price climbed nearly 400% in two days. The announcement further raised community sentiment, while also speculating whether it was already known to some investors as the Terra ecosystem tokens witnessed sudden rallies. LUNC price also jumped and made a 60% gain amid the events. The price is currently trading at $0.000119. The 24-hour low and high are $0.0000787 and $0.0001256, respectively. Furthermore, the trading volume has increased by 1120% in the last 24 hours, indicating interest among traders. USTC price trades at $0.055, paring earlier gains to 191% in the past 24 hours. The 24-hour low and high are $0.015 and $0.068, respectively. The trading volume has also slid briefly after Binance’s USTC perpetual trading announcement.
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by DEXWireNews
Terra (LUNA) Chain Reborn from the AshesTerraform Labs, developer of the Terra (LUNA) blockchain, announced the acquisition of cross-chain portfolio management and analytics startup Pulsar Finance. This announcement comes amid ongoing legal disputes between Terraform Labs and its founders. The cryptocurrency developer has been dogged by legal issues since the collapse of algorithmic stablecoin TerraUSD, a key element of the Terra blockchain, in May last year. The United States Securities and Exchange Commission (SEC) filed a lawsuit against Terraform in February, alleging that it sold unregistered crypto asset securities and defrauded investors. Amani said in a written statement that the acquisition of Pulsar provides immediate support to the company, allowing it to quickly bring cross-chain applications to market. “Acquiring Pulsar not only enriches our technology stack, but also adds an incredibly talented team led by three innovative entrepreneurs with a proven track record of building and launching successful applications,” said Amani.
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by DEXWireNews
Moon will back to the moonLuna pump with 100% profit last night, and stop at resistance. in this chart, I will try to explain what happen at luna. Rising wedge pattern last night movement stopped at previous resistance trendline and create a big rising wedge pattern . If luna pullback, rising wedge support can be a new higher low before continue bullish with 68% profit range . Resistance Line 0.9696 will be next strong resistance, this resistance are next bullish target Classic support (CSR) 0.5866 are previous resistance and became new support . this point will hold bearish movement FIbonacci Pattern 0.5843 Classic support are also fibonacci 0.618 support , target from this area at fibonacci 1.272, and this level are same as resistance line. And if this resistance break up , we will see this moon back to the moon . Don't forget to support this analysis, If you have any question, do not hesitate to contact me Your support at this analysis will also support Luna to reach bullish target Click here to check my other analysis
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by AzrulAzir
🔥 LUNC Falling Wedge Break Out: Short-Squeeze Potential! LUNC has been massively shorted over the last year, and with good reason, since the token is practically dead. However, this amount of shorting poses a risk for the bears. If we get more bullish price action in the near future, the amount of shorts being squeezed (liquidated) could result in a huge bullish move upwards. For now it's just speculation, but it's certainly a possibility. At the moment, I'm looking at the 1-year falling wedge pattern that has just broken bullish. This is the best case for the bulls in at least a year, very interested where this break out will bring us!
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by FieryTrading
5
CELR SEEMS TO GO GAME OVER A CRASH LIKE LUNA AND FTT DIDThanks for reading this update, please remember that this is not trading advice. We expect that CELR is the next coin that will see a next free fall and game-over trend. Since the big exchanges have played the round. We see on low time increase but this means noting for the real trend, we did expect before more crash trends on other coins. The fake volume increase is the reason for the start of the crash. It is all about smart money and transaction data in combination with top whale holding. The market cap and holders decrease, and the last data shows a connection with the FTT and Luna trend. CELR is at this moment on a very risky trend as data shows and can be the next fall coins with the game over as Luna and FTT did. If this happens we expect that we will see soon a big free fall and crash trend on Celr like Luna and FTT did. We did use the same tools to expect the crash we did before on Luna and FTT crash. The big rule in trading, when a coin loses more than 80% of its value will stay a very risky coin even if it has a small time frame increase. We have added what we expect, and time will learn what will happen with CELR. This update is our view and means not to use it as trading advice. The best traders in the world are traders who can read early data and expect a high chance of what the market can do . Nobody will be able 100% to be right, but with more chance, you can see the side. * This crash expecting is by ASIA trend and on USDT pairs since its 94% of holding.
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by SatochiTrader
2
LUNA/USDT upward momentum? 👀 🚀 LUNA today analysis 💎Paradisers, set your sights on LUNAUSDT! We've observed it positioning itself within a demand zone, hinting at an impending bullish surge. 💎 LUNAUSDT has been diligently tracing a descending trendline and now stands tantalizingly close to a breakout. Should the price ascend beyond this trendline, it could ignite bullish momentum. Its current stance within the demand zone bolsters the case for a bullish outlook. 💎 Additionally, there's potential for a bullish pivot around the .3731 mark. However, be cautious: a descent below this level might usher in a notable bearish phase. 💎 Remember to employ prudent trading strategies and use proper stop-loss measures! Stay alert to market movements and look forward to more insight
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by MyCryptoParadise_Simon
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Satochi -- IS THERE A HUGE INCREASE COMING ON FTT?Thank you for reading our update. Please keep in mind that this is not trading advice. There is still a 400M market cap + max supply and it's not possible to mint more coins. Will we witness a similar impact on Luna's price, like the one it experienced when it increased to $7 after the huge fall? What could be the reason behind the data showing buy orders at $11 USD on FTT? Typically, it seems unlikely that Luna has a chance of rebounding to $11 after such a significant decline, especially given the current trends in this risky coin, FTT. Data and technical analysis (TA) play a crucial role in trading, sometimes offering insights into patterns. Is there a substantial price increase anticipated in the upcoming days for FTT? We will closely monitor FTT to see if it can achieve a price increase.
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by SatochiTrader
🔥 LUNA 1-Year Resistance Break Out: Short-Squeeze Coming? 🚨As of today, LUNA has finally broken out through a bearish resistance line that has been produced in September last year. In my view, this can be the break out that patient bulls have been waiting for. I'm waiting for a daily close above the resistance before calling the break out a fact. Stop below the Sept 4th resistance. Target at 2$. With LUNA being one of the most shorted tokens at the moment (it has no right to exist), this bullish push can be the trigger of a short-squeeze event that can bring LUNA back up towards the 2$ target or even more. Bears are sweating on this move.
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by FieryTrading
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LUNA idea | LUNCUSDT signals "UPDATE"No Comments! Use technical analysis to identify potential support and resistance levels. Place stop-loss orders to limit your losses. Take profits when you reach your target. Be patient and don't expect to make quick profits. It is also important to remember that non-volatile markets can be unpredictable. Be prepared for the possibility of sudden movements in stock prices. Good luck! ⚠️🚨 Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view, And only some of these analyzes are my actual real trades. I hope Traders consider I am Not responsible for your trades and investment decision. ✅ Please write any advice or suggestions. ✅ Pls send me the name of the currency pair or index that you intend to review and analyze.
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by Arash-RK