Terra
Is #LUNA on Brink of a Major Breakout? Watch These Key LevelsYello, Paradisers! Could #LUNA’s next big move be just around the corner or the momentum will fade? Let's discuss the #Terra's latest analysis:
💎Currently, #LUNAUSDT is holding its ground at the critical demand zone of $0.313, showing signs of a bullish continuation. Positioned within a Descending Broadening Wedge pattern, #LUNA looks ready to challenge the descending resistance line—a potential turning point that either confirms strength or suggests further caution.
💎Volume has remained robust, and with #LUNAUSDT recently marking an all-time low, we may be witnessing the start of a significant rebound. It’s often said, "Once we hit bottom, the only place to go is up," and this moment could be setting up for just that kind of breakout.
💎If #LUNA can maintain its position, we could be on the edge of a substantial rally. A move above the $0.514 minor resistance zone would open the path to higher targets and possibly even new highs.
💎However, the current level is crucial. If momentum weakens, there’s a chance we’ll see a pullback toward the major support area between $0.247 and $0.267. A daily close below this zone would undermine our bullish outlook and indicate the risk of further downside.
Stay vigilant, Paradisers, and closely monitor #LUNA's price action.
MyCryptoParadise
iFeel the success🌴
LUNC BULLISH During what we predicted, LUNC was able to act and broke the triangle with a great momentum, and now it's time for him to say hello again to the ceiling of our triangle, which plays the role of support, this is the correction that was expected and then it should Let's wait for an attractive climb again
**LUNC Surges with 17% Market Cap Increase!** Terra Classic (LUNC) is making a strong statement with a 17% surge in its market cap, now reaching $615,262,846! This impressive growth is reflected in the 4-hour chart, which reveals a clear upward trend with the price consistently breaking through resistance levels.
**Key Levels:**
* **Support:** Holding strong around $0.000087570.
* **Resistance:** Recently broke above $0.000095000 with conviction. The next challenge lies at $0.000107581 and $0.000111752.
* **Targets:** If the bullish momentum continues, these resistance levels could become the next targets for LUNC.
**Indicators to Watch:**
* **Volume:** High volume accompanying the recent price surge confirms the strength of the bullish sentiment.
* **RSI:** Monitor the Relative Strength Index (RSI) for any signs of overbought conditions.
* **MACD:** A bullish crossover on the Moving Average Convergence Divergence (MACD) further supports the potential for continued upward movement.
**Trading Strategy:**
* **Long Entry:** Consider entering a long position on a pullback towards the support at $0.000087570 with a confirmed bounce.
* **Stop Loss:** Place your stop loss below the recent swing low or beneath the support.
* **Take Profit:** Target the resistance levels mentioned above, or employ a trailing stop loss to capitalize on the upward momentum.
**Market Cap Momentum:**
The significant increase in market capitalization indicates growing confidence and interest in LUNC. This surge could fuel further price appreciation as more investors enter the market.
**Disclaimer:** This is not financial advice. Conduct your own thorough analysis and manage your risk accordingly.
**#LUNC #TerraClassic #Crypto #TradingView #TechnicalAnalysis #MarketCap**
LUNC STrong bullishLUNC is now getting reach to top of the triangle trend and needs to give us a green candle with high momentum to breakout pattern to could be reach higher levels
LUNC LONG TERMLUNC is in a consolidation range which can lead to an explosion at any moment.
$0.12 will be the main target if it explode,
and it is the closest and most reasonable price
that I can see.
If price can touch this rate, i'll release next points
LUNC Bullish correctionLunc is correcting bearish trend to touch resistance key level.
The support was able to prevent the price from falling further
$LUNC 's fate#lunaclassic #lunc price is now holding the vertical support zone. Unclaiming this zone will bring #terraluna price to bottom of the channel.
Terra (LUNA) Hypothesis!Could it happen? Like this!
This is not an analysis. Its just a painting. I myself do not trade this.
But if it happens, even something a little like this, even then it's not something to brag about.
Since it is not clear in which direction BTC wants to go, I decided to share this painting with you. :)
Do Kwon and Terraform Labs Found Guilty of Misleading Investors The recent civil fraud trial in the United States has found Do Kwon and Terraform Labs liable for misleading investors prior to the UST stablecoin collapse in 2022. The US Securities and Exchange Commission (SEC) had charged Kwon and Terraform Labs of falsely leading investors about the stability of TerraUSD, the network's stablecoin also known as UST. The UST stablecoin was designed to maintain a value of 1:1 against the dollar. The SEC also accused the defendants of falsely claiming that Terraform's blockchain was used in a popular Korean mobile payment app. The jury, after a two-week trial, agreed with the SEC's allegations and found the defendants guilty of civil fraud charges on Friday.
The TerraUSD and Luna collapse caused a cryptocurrency market crash in 2022, which resulted in several companies going bankrupt. The collapse was severe enough that it sent shockwaves throughout the industry, leading to the arrest of Terraform Labs founder, Do Kwon, in Montenegro in March 2023.
Following the verdict, a spokesperson for Terraform expressed disappointment and stated that the company would weigh its options. However, the SEC, through its Division of Enforcement Director Gurbir Grewal, emphasized the importance of compliance and registration in the crypto markets. According to Grewal, the lack of compliance and registration has real consequences for investors.
US District Judge Jed Rakoff is expected to determine the penalties in the coming weeks after hearing from the SEC and the defendants. Terraform will be able to challenge the ruling on appeal after the final judgment in the case.
Terra ($LUNA) Soars as Founder's Legal Saga Takes a New TurnTerra ( NASDAQ:LUNA ) Skyrockets Over 26% After Do Kwon’s Release
The imminent release of Terra ( NASDAQ:LUNA ) founder Do Kwon from Montenegro's prison stirs a 26% price surge for Terra (LUNA).
Market Analysis and Performance of Terra ( NASDAQ:LUNA )
The announcement of Do Kwon’s impending release has coincided with a notable surge in the price of Terra ( NASDAQ:LUNA ). Investors have responded positively to this development, leading to a significant 26% increase in Terra’s price. Currently valued at $1.105, with a circulating supply of $630,798,184.69 and a market cap of 690,802,291 LUNA.
Terra’s recent performance has been impressive, with a 22.4% increase in price over the past 7 days and a remarkable 72.7% surge over the last month. These figures indicate a strong upward trend, suggesting favorable conditions for potential investors. The market sentiment surrounding Terra ( NASDAQ:LUNA ) is optimistic, with many recognizing its growth potential amidst recent developments.
Background and Context of Do Kwon’s Legal Situation
The legal saga surrounding Do Kwon traces back to a forgery case involving a fake passport, which ultimately led to his imprisonment in Montenegro. Following his arrest, Kwon was convicted by the court in Podgorica and subsequently served a prison sentence. However, the situation has been further complicated by conflicting extradition requests from the United States and South Korea, each presenting different charges against Kwon.
The ongoing legal battle has underscored the importance of the Montenegrin Supreme Court’s review in determining Kwon’s extradition fate. This review process will be crucial in assessing the legality of the extradition requests and addressing the concerns raised by Kwon’s legal team. Furthermore, the announcement of Kwon’s release holds significant implications not only for his personal circumstances but also for the trajectory of Terra ( NASDAQ:LUNA ) and the broader crypto market.
LUNA GOING BACK TO ZERO My expectations is the luna price will continue dropping hard till ...... what you expect please right in comment ///////// cheersś
$LUNC Go go go!.. (to the moon)I expect the major move ( Elliott impulsive wave 3 ) from #LUNC 's price. Reward will be great.
NOT FINANCIAL ADVICE.
LUNA EXPECT: To Continue Crashing the luna show weakness and its continue crashing and the price fail to maintain the 0.85 area
so my expectation if the price drop below 0.55 that mean we are going to 0.45 area .
LUNA/USDT Ready for its Next Bull Run? 👀🚀 LUNA Analysis💎 Yello, Paradisers! Prepare for an exciting opportunity with LUNAUSDT as it positions itself for a possible breakout from its descending channel.
💎 Terra has consistently been pushing against a descending trendline, frequently facing resistance at the supply level. Now, there's a growing momentum that suggests LUNA might successfully breach this threshold and progress towards the next key supply zone.
💎 If LUNA encounters difficulties in breaking through the supply level, a bullish rebound from the current demand level appears likely. This bullish outlook is further supported by an RSI divergence, which hints at an emerging bullish trend upon closer examination.
💎 Conversely, a drop below the demand level could lead to a significant bearish trend towards the support level. As the market continues to evolve, it's essential to monitor these pivotal levels closely.
💎 Stay strategic and flexible, Paradisers. Your ParadiseTeam is dedicated to navigating you through these market changes, ensuring you're well-prepared for effective and informed trading decisions.
Terra Luna Classic ($LUNC) Community Rejects Key Burn ProposalTerra Luna Classic community rejected a proposal to burn 800 million USTC, with LUNC and USTC price falling over 10%.
The Terra Luna Classic community rejected a proposal to burn 800 million TerraClassicUSD (USTC) as they look for better ways to burn these. The community believes there are easy ways to burn funds from the Risk Harbor (formerly Ozone Protocol) multisig wallet without an update and any legal consequences.
The Terra Luna Classic community was recently notified that Risk Harbor lost the keys and has agreed to blacklist the wallet.
LUNC price fell 13% in the past 24 hours, with the price currently trading at $0.000149. The 24-hour low and high are $0.000142 and $0.000168, respectively. However, trading volume has increased 20% in the last 24 hours.
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.
LUNAUSDT Is it coming back from extinction?The story of Terra's (LUNAUSD) crash back in May 2022 is well known to everyone in the cryptospace. Shortly after its collapse and following the last dead-cat-bounce on September 09 2022, the price entered a Channel Down pattern in the last 14 months.
In recent price action we see the possibility for a technical comeback though as not only has it reached today the top of the Channel Down but also is about to form the first Golden Cross on the 1D time-frame since August 17 2021!.
As a result, we will turn bullish if a 1D candle closes above the Channel Down, targeting 2.500 (near Resistance 1). An early bullish break-out signal can be seen on the 1D MACD where it just formed a Bullish Cross on a Higher Lows trend-line. The same pattern during the last bullish leg within the Channel Down, after forming the Bearish Cross didn't invalidate it so quickly.
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Binance Manipulation !BINANCE Stop Manipulation with Terra Luna !
Please Deliste Luna From this terrible exchange !
Luna LongI believe UST will eventually stabilize which would bounce Luna back to around 10$
This could be a great opportunity or a loss depending on how things turn out.
Luna Classic: Bearish 5-0 on the Daily LUNC if Breaking Below the 89 Day EMA while showing MACD Bearish Divergence on the Daily after Two very weak Attempted Rallies towards the PCZ of a Potential Bearish 5-0 and now it looks to recover the gaps below the sub one-ten-thousandths level.
I thimnk it Could go as low as 47 Millionths but i will mostly be targetting the zone between 72-55-millionths
