Lunaclassic
LUNAUSDT - What about LUNA? - Mid-term targetHi to all TV people, this is my LUNA idea.
Like most of you know, LUNC and LUNA are historically related since last year.
But how deep is this correlation?
Long story short:
1) Lunc is the ex Luna token, the one plunged from 120$ to sub 0$ .
There were a relation with UST (now USTC), terra stablecoin.
UST started the de-peg from original price of 1$ due to 85 million UST being swapped to
USDC.
Then LUNA started printing tokens to re-peg UST, but death circle started and whales started
selling more UST (most losing money), causing a lost of value on LUNA.
Also LUNA tokens were sold by holders in loss.
The Terra blockchain was halted for the first time in his history on May 12, 2022, at block
height 7603700 to stop the infinite token printing.
Everything happened in just few days.
2) May 28, 2022 a new Luna (Luna2) was launched as post hard-fork token.
Do you remember some other hard fork token? I'll tell you: ETH and ETC.
I won't go further because I'm doing a technical analysis, not fundamental.
All of this to get to the point: Lunc and Luna aren't the same token, most of charts from exchanges are showing wrong history price.
So this LUNA2 token price starts officially from 1$.
Now, we have this accumulation stage, with the falling wedge that Luna already broke out.
The first, measured, target price is around 2.5$.
Should you trade it with high leverage? Answer is NO . Yestarday dumped from 1.22$ to sub 0.9$ (depends from the exchange) in matter of minutes.
Then, after some time of consolidation, or maybe less, next target would be somewhere between 4 and 4.5$.
LUNC and LUNA are bonded by history and price action. So I expect more gains from here as Lunc did in the past week.
This is my view, not a financial advice. Always DYOR.
LUNC Luna Classic Is About To DieA lot of these tokens in the next couple years are going to bleed out to zero. With the new Bitcoin ETFs and big money in the space they arent buying Luna, or BNB, or name your coin. They are buying what regulators have allowed them to buy. So far thats only Bitcoin,Ethereum, Litecoin, and Bitcoin Cash. This next bullrun will be utility, and regulatory based for the big players.
People holding these tokens like LUNC are going to eventually dump. Luna will never go to even a penny never mind a dollar. Its looking extremely bearish to me. Maybe one more dead cat bounce before Luna falls into the shadow realms. LUNA wont be the only one suffering this fate either. This next bullrun and after is going to delete most of the crap out there. You'll always have the casino where people play hot potato with the meme coins that come out every minute of the day. Real money is not going into this stuff though. Good luck and I wish you all the best, hate to see LUNA get rugged a second time, that would be some serious salt in the wounds. Not financial advice.
Descending triangle and Stoch RSI pointed straight down.
Binance Burns 2.1 Billion Terra Luna Classic (LUNC) TokensBinance, the world's largest cryptocurrency exchange, recently burned a staggering 2.1 billion SEED_DONKEYDAN_MARKET_CAP:LUNC tokens. This move marks the 18th batch of the SEED_DONKEYDAN_MARKET_CAP:LUNC burn mechanism, bringing the total number of tokens burned by Binance to over 50 billion. With the broader community effort, the SEED_DONKEYDAN_MARKET_CAP:LUNC burn is on the cusp of reaching a monumental 100 billion milestone.
Binance's Role in the SEED_DONKEYDAN_MARKET_CAP:LUNC Burn:
The recent burn, executed on January 1, saw 2.1 billion SEED_DONKEYDAN_MARKET_CAP:LUNC tokens sent to the burn address terra1sk06e3dyexuq4shw77y3dsv480xv42mq73anxu. This action further solidifies Binance's commitment to reducing the circulating supply of SEED_DONKEYDAN_MARKET_CAP:LUNC tokens. The exchange's contribution now stands at an impressive 52.4% of the total tokens burned by the Terra Luna Classic community.
Increasing Burn Rates and Trading Volume:
January witnessed a substantial increase in the burn rate, with 5.57 billion SEED_DONKEYDAN_MARKET_CAP:LUNC tokens incinerated by Binance. This surge in burning activity can be attributed to a significant uptick in SEED_DONKEYDAN_MARKET_CAP:LUNC trading volume on the exchange. Binance, along with other crypto platforms, introduced a USTC perpetual contract and new OTC:USTC and SEED_DONKEYDAN_MARKET_CAP:LUNC trading pairs, fostering a conducive environment for increased token trading.
Community Collaboration and Milestones:
The Terra Luna Classic burn campaign, a collaborative effort involving crypto exchanges, validators, projects, and community members, has propelled the total burn close to the 100 billion SEED_DONKEYDAN_MARKET_CAP:LUNC landmark. On average, the community burns an impressive 600 million SEED_DONKEYDAN_MARKET_CAP:LUNC per week, showcasing the collective dedication to reducing the token's circulating supply.
Market Performance and Challenges:
While the SEED_DONKEYDAN_MARKET_CAP:LUNC community remains bullish about the token hitting local highs, recent market trends have presented some challenges. SEED_DONKEYDAN_MARKET_CAP:LUNC prices experienced a 7% decline this week, currently trading at $0.00009444.
Conclusion:
The recent burn of 2.1 billion SEED_DONKEYDAN_MARKET_CAP:LUNC tokens by Binance marks a crucial step towards the community's ambitious goal of reaching the 100 billion milestone. As the Terra Luna Classic ecosystem continues to evolve, collaborations between crypto exchanges, validators, and community members remain integral to the success of the burn campaign. Despite short-term market fluctuations, the collective efforts underline a resilient commitment to shaping the future of the Terra Luna Classic token. Investors and enthusiasts alike await further developments as the community inches closer to achieving this monumental milestone.
Terra Classic's Bold Move: EVM Integration and the LUNC SurgeThe Terra Classic community has recently made waves in the crypto sphere with its groundbreaking proposal to integrate the Ethereum Virtual Machine (EVM) into its platform. This strategic move has captured the attention of the global crypto market, positioning Terra Classic as a player to watch in the evolving landscape of blockchain technology.
EVM Integration Unveiled:
In a significant development, the Terra Classic community unveiled its successful EVM proposal, signaling a new era for the platform. By embracing the Ethereum Virtual Machine, Terra Classic aims to enhance its flexibility and align with the latest advancements in the crypto space. This move positions Terra Classic to become compliant with emerging technologies globally, opening the door to exciting possibilities for its native token, $LUNC.
EVM's Dominance and Terra Classic's Vision:
The decision to integrate EVM comes as no surprise, given its status as the gold standard for blockchain development since 2013. EVM boasts a massive network, encompassing over 910 separate chains. Terra Classic's strategic alignment with EVM reflects a vision to leverage the dominant standard in the crypto realm, facilitating interoperability and adoption of widely-used blockchain development standards.
The Voting Landscape:
The proposal faced a divided community, with 44% in favor, 42% against, 12.06% abstaining, and a minimal 0.20% voting with a veto. Despite the divided sentiments, the proposal is gaining traction, inching closer to the 50% pass threshold. This democratic process showcases the Terra Classic community's commitment to inclusive decision-making and reflects the importance of the EVM integration to the platform's future.
Impact on Transactions and Processing Power:
With EVM support, Terra Classic anticipates a significant boost in transaction processing capabilities. The integration aims to enable the platform to handle a higher volume of transactions efficiently. This enhancement in processing power is poised to elevate Terra Classic's standing in the crypto space, attracting attention from developers and projects seeking a robust and scalable blockchain infrastructure.
$LUNC Price Movement:
In response to the EVM integration proposal, the price of $LUNC experienced a minor surge of 0.70%, currently trading at $0.00012579. However, the weekly chart paints a more optimistic picture, showcasing a notable 5.80% surge. As the market digests the implications of the EVM integration, crypto enthusiasts are eagerly anticipating a potential surge in $LUNC prices in the near future.
Conclusion:
Terra Classic's strategic move to integrate EVM reflects a commitment to innovation and adaptability in the ever-evolving crypto landscape. The community's decision to embrace EVM positions Terra Classic as a platform ready to harness the power of widely-accepted blockchain standards. As the proposal gains momentum, the future looks promising for both Terra Classic and its native token, $LUNC, with the potential for increased adoption, interoperability, and a surge in market value.
Binance Burns 5.57 Billion Terra Luna Classic
In the fast-paced world of cryptocurrency, Terra Luna Classic ($LUNC) has been making headlines, and for good reason. The recent burn of 5.57 billion $LUNC tokens by Binance in its 17th batch signals a significant step towards scarcity, creating a unique opportunity for investors.
With the total $LUNC burned by the community surpassing 93 billion, the ecosystem is heating up, and investors should take notice. We will delve into the recent developments, the impact on $LUNC prices, and why now might be the perfect time for buyers to consider adding $LUNC to their portfolios.
1. Binance's Ongoing Commitment:
Binance, the world's largest crypto exchange, has consistently demonstrated its commitment to the Terra Luna Classic community through the burn mechanism. The recent burn of 5.57 billion LUNC tokens not only reflects Binance's trust in the project but also contributes to the overall reduction of circulating supply, potentially driving up the value of LUNC in the long run.
2. Impressive Burn Metrics:
The numbers speak for themselves – with over 49 billion $LUNC tokens burned to date by Binance, accounting for 53% of the total tokens burned by the community, the scarcity factor is increasingly becoming a pivotal element. The positive market response to each burn event, as evidenced by the 7% price surge in both $LUNC and USTC, indicates a strong demand for Terra Luna Classic tokens.
3. Ecosystem Expansion:
The recent surge in $LUNC trading volume, coupled with the introduction of USTC perpetual contracts and new trading pairs on Binance and other exchanges, has significantly contributed to the ecosystem's growth. As the Terra Luna Classic community continues to expand, the demand for LUNC tokens is likely to follow suit, potentially driving prices higher.
4. Bullish Start to the Year:
The bullish sentiment at the beginning of the year, fueled by the latest burn event and a broader market rally, positions $LUNC as an attractive investment option. The 8% price jump in the last 24 hours indicates a positive trajectory, and investors looking to capitalize on the momentum may find $LUNC to be a compelling choice.
5. Potential for Future Gains:
As $LUNC currently trades at $0.000144, there is room for growth, especially considering the recent developments and ongoing burn mechanism. While the trading volume has seen a temporary decrease, this could be an opportunity for savvy investors to enter the market before a potential uptrend.
Seizing opportunities at the right moment is crucial. The recent burn events, coupled with the broader market rally and ecosystem expansion, make Terra Luna Classic ($LUNC) an intriguing investment option. As always, potential investors should conduct thorough research and consider the inherent risks associated with cryptocurrency investments. However, the current scenario suggests that now might be an opportune time to explore the potential of $LUNC and consider adding it to a diversified investment portfolio.
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.
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.
LUNC showing good investment opportunityHi Everyone;
today we have one of the best risk to reward Investment opportunity
it is more than 280 times the risk and the chart is look very promising.
There is been a lot of Drama around this coin, but as I always saying
when it come to TA no emotion should involved.
Binance Eliminates 4B LUNC Following Stellar 300% Terra RunTop crypto exchange Binance magnifies monthly Terra Classic burns by 5x.
LUNC, USTC has hit triple-digit gains in the last 30 days to return to the TOP 100.
Terra Classic community cheers Binance’s move, also asking to burn USTC.
The 16th batch of Terra Classic’s trading fee burn on the world’s largest crypto exchange destroyed nearly four billion $LUNC tokens. The cryptocurrency burning upswing has planted optimism among Terra Classic community members, as the latest burning ceremony by Binance signifies a five-times increase since last month’s burn.
Cumulatively, Binance had already contributed towards burning 43 billion Terra Luna Classic (LUNC) tokens, encompassing 52% of total burns. The latest burning transaction on December 1, 2023, sent 3,903,522,969 LUNC tokens to the bottomless pit. Ultimately, this leaves 6,824,412,252,043 $LUNC coins left in circulation.
Enormous Gains for LUNC, USTC Amid Terra Chain Revival
Compared to November’s burn, the huge difference between nearly four billion LUNC this month and the previous 778M LUNC trading fees burn comes from the increased trading activity on Binance Spot pairs. On top of that, Binance just added additional trading pairs for Terra’s OTC:USTC , causing even more excitement for Terra Classic holders
Last week, as the Terra Classic community passed a crucial proposal to tackle the sequence mismatch issue when distributing validator commission, the embattled native coin of the Terra Classic chain surprisingly sparked by 300% upon approval. At the time of publication, the game-tested LUNC trades at $0.000147181 with 2% daily gains, according to CoinGecko.
Meanwhile, Terra Classic USD (USTC) shocked the crypto community with an instantaneous run to four cents on November 27, 2023, later topping $0.072, the highest price of OTC:USTC since the horrendous Terra system crash in May 2022. At press time, OTC:USTC trades at $0.051, according to CoinGecko.
Ultimately, November’s triple-digit run for LUNC and Terra Classic USD marks the most successful month for these altcoins since the de-pegging in 2022.
Terra Classic (LUNC) Monumental Price Surge.Terra Classic (LUNC) is currently showing promising signs of a substantial price breakout. With a 3D breakout pattern in progress, investors are eagerly anticipating a significant move that could potentially result in extraordinary gains.
One of the standout features of Terra Classic’s recent performance is its commitment to following a consistent trend. Building on the momentum of previous breakouts, the cryptocurrency has maintained a steadfast trajectory towards its target price of $0.000593. This dedication to the established trend is a promising indicator for buyers.
A Potential 720% Price Increase
price surge for Terra Classic is a strong possibility of a remarkable increase of over 720%, which could translate to an increase of more than 8.1x in value. If this projection holds, it could bring substantial profits for those faithful to LUNC.
Terra Platform’s Momentum
Furthermore, Terra Classic’s performance reflects a broader trend within the Terra ecosystem. The Terra Platform, which Terra Classic is a part of, seems to be on the verge of a massive recovery. This resurgence could position Terra as a dominant force in the cryptocurrency market, ushering in a new era of innovation and market influence.
A recovery from the surprising crash could be one of the most remarkable stories in the history of the crypto market.
While the cryptocurrency market is known for its volatility, the forecasted monumental price increase for LUNC has generated significant excitement among investors and enthusiasts.
LUNC is currently trading at 0.00009149, up 39.02% in the last 24 hours. The digital asset recently experienced a surge, after a major announcement from Binance.
LUNC (Luna Classic) - BUY & HODLI am buying and adding Classic Luna (LUNCBUSD , LUNCUSDT , LUNAUSD).
It went to the Moon and then came back to Earth.
Yeah, they pulled the rug or whatever, but it has potential.
Moreover, it has proven to have a pulse, still..
So, I have bought millions, and will continue to stack LUNC.
Where: a good level IMO is 0.000115 .
Some Technicals:
* Support Trend-Line
* Running Flat
* Ending Diagonal
* Fibonacci Retracements
I've been meaning to sync the Crypto Markets' next Bullish Cycles.
The Fibonacci Time Zones point me to early '23 as a potential start.
Stay safe & HODL!
LUNA idea | LUNCUSDT signalsTraders,
The current market is non-volatile, with low financial strength and market capitalization. This means that stock prices are moving slowly and there is not much buying or selling activity. This type of market is often temporary, and the rapid movement of indices is likely to be short-term. There is also not enough strength to break through resistance or support levels.
Once the Sydney and Tokyo markets open, we may see some improvement in the fluctuations of the market. However, it is important to be cautious and to trade with a plan.
Here are some tips for trading in a non-volatile market:
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!
Terra Luna Classic
⚠️🚨 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.
LUNCUSD Excellent short-term buy signalTerra Classic (LUNCUSD) just hit the 1D MA50 (blue trend-line) for the first time since July 22. The pattern is a Channel Down going back to early March and every time the price broke above the 1D MA50, it went all the way for the 1D MA100 (green trend-line) to form a new Lower High at the top of the Channel Down.
As a result, we will buy the moment the 1D MA50 breaks and target the 1D MA100 at 0.00007550.
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LUNC Is Still BearishHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the LUNC symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
LUNC USDT Luna Classic BEWARE OF RISING WEDGE BREAK DOWN LIKELY Luna Classic has been losing steam and interest over these last few months. Its been in the rising wedge pattern which is typically a bearish pattern and a continuation of the downside. LUNC utility and security is just not there, the price was blowing up because of all the hype and thats all. Hype is dying down as well as the volume at an all time low. I hope for LUNC holder that this scenario will not happen but I believe that LUNC is about to fall off the map. If Bitcoin starts its parabolic rise there may be a small bounce in LUNC but it will be erased quickly and people will sell to get into other assets in the crypto market that actually have utility and security. LUNC died back when it went from $100 to under a penny. That was it, its never going to get to the targets people were saying, $1, $.10, $.01. The market cap is already way to high for what LUNC is. I used to believe the hype myself until I realized that this thing is dead. I took profits and put them into other projects that are actually working on utility and safety. I wish all LUNC holders the best of luck but the chart looks horrible and its about to break this rising wedge and tank to the downside. This is not financial advice this is just my opinion. Thank you
LUNC/USDTLunc is pump itme .........................................................................................
Lunc beginning to get volatile!If there's any token out there that I think will make an impression on the crypto market, it's gonna be Luna Classic! This thing is gonna make a crazy comeback and people are gonna cry when they realise they never bought in at these bargains. The Mother Ship 🚢 is about to leave the bay!