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LUNA Classic ideaHey traders, Ever considered making Fibonacci ratio lines your trading goals? Personally, I'm a fan of those golden ratio numbers! How about you? Let me know your thoughts. Happy trading! BINANCE:LUNCUSDT ⚠️ Disclaimer: The viewpoints shared represent my individual outlook on the market, based on publicly accessible information and historical data. While a portion of these opinions is influenced by my actual trades, others are not. It's important to note that I am not a financial advisor, and I do not assume any responsibility for the decisions you make in your trading activities. ✅ Feel free to share your inquiries or suggestions in the comments. I am more than willing to assess and analyze any cryptocurrency, forex currency pair, or stock index that piques your interest, so, Please don't hesitate to ask or mention the specific currency chart you'd like me to review.
Long
by Arash-RK
LUNA/USDT has Broken Descending Channel | What's Next?💎Yello, Paradisers! gear up for a captivating opportunity with LUNAUSDT as it gears up for a potential breakthrough beyond its descending channel. 💎Terra has been persistently testing its limits against a descending trendline, often encountering resistance at the supply level. 💎The current momentum is building up, indicating a promising chance for LUNA to surpass the supply threshold and advance towards the next significant supply zone. 💎In the event that LUNA faces challenges in surpassing the supply level, a bullish recovery from the existing demand level seems probable. This bullish perspective is further bolstered by an RSI divergence, which, upon detailed analysis, reveals a bullish trend. 💎On the other hand, if LUNA dips below the demand level, we might witness a substantial bearish movement towards the support level. It's crucial to keep a watchful eye on these critical levels as the market evolves.
Long
by MyCryptoParadise_Simon
1
Luna Classic IdeaCRYPTOCAP:LUNC BINANCE:LUNCUSDT No comment! ⚠️ Disclaimer: The viewpoints shared represent my individual outlook on the market, based on publicly accessible information and historical data. While a portion of these opinions is influenced by my actual trades, others are not. It's important to note that I am not a financial advisor, and I do not assume any responsibility for the decisions you make in your trading activities. ✅ Feel free to share your inquiries or suggestions in the comments. I am more than willing to assess and analyze any cryptocurrency, forex currency pair, or stock index that piques your interest, so, Please don't hesitate to ask or mention the specific currency chart you'd like me to review.
Long
by Arash-RK
2
Binance Burns 4 Billion Terra Luna Classic (LUNC) TokensBinance burns almost 4 billion Terra Luna Classic (LUNC) tokens, with total LUNC burn by the community reaching 83 billion. The world’s largest crypto exchange Binance burns almost 4 billion Terra Luna Classic (LUNC) tokens in the 16th batch of the LUNC burn. With the latest LUNC burn, the total LUNC burn by the crypto exchange to date reaches more than 43 billion, 52% of the total tokens burned by the Terra Luna Classic community. Traders didn’t immediately respond to the Binance burn. Binance’s Net Terra Luna Classic (LUNC) Burn Reaches 43 Billion Crypto exchange Binance sent 3.90 billion Terra Luna Classic (LUNC) tokens to the burn address, as per the transaction on December 1. Binance continues contributing to the community’s LUNC burn campaign to reduce the LUNC circulating supply after the exit of Changpeng “CZ” Zhao as Binance CEO. Notably, the 16th batch of the LUNC burn mechanism is for the period October 31 to November 29. With the latest burn, Binance has burned over 43 billion Terra Classic tokens from trading fees on LUNC spot and margin trading pairs. The community has burned nearly 83 billion LUNC tokens. In November, Binance burned 760 million Terra Luna Classic (LUNC) tokens, the lowest till now. The burn rate significantly declined amid FUD, reduced developer activity, and a fall in LUNC trading volumes on the exchange. However, the massive jump in trading volumes this week resulted in this huge LUNC burn the community hasn’t seen in the last few months. Binance launched a USTC perpetual contract and new USTC trading pairs FDUSD and TRY, which contribute massively to the exchange’s trading volume. Terra Luna Classic ecosystem tokens fell in the last 24 hours, with LUNC and USTC giving up some recent gains due to profit booking in the broader crypto market. However, LUNC price jumped 65% this week, with the price currently trading at $0.000142. The 24-hour low and high are $0.000114 and $0.000121, respectively. However, the trading volume has decreased in the last 24 hours. Meanwhile, USTC price rallied 350% this week, with the price currently trading at $0.051. The 24-hour low and high are $0.050 and $0.055, respectively.
Long
by DEXWireNews
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.
Long
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.
Long
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
Long
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!
Long
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.
Short
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
Long
by MyCryptoParadise_Simon
2
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.
Long
by SatochiTrader