IF YOU HAVE LUNC BE CAREFUL!!!!We have a strong resistance zone. I think this area will stop Rashid Price.by behdark6
LUNA TO HIT $5 in 2030??? thoughts? LUNA TO HIT $5 in 2030??? _ NOT MY INFO! - sharing for community. Please give me a like so I can "Up my rep" Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject. LUNA is the native cryptocurrency of the Terra system that was launched in 2019. TerraUSD was pegged to the LUNA coin so that it could maintain its price stability. Those familiar with the cryptocurrency industry are well aware of the collapse of the twin coins in May 2022 that led to the crypto-crash during Q2 2022. It was in 2018 that two South Korea-based techpreneurs, Do Kwon and Daniel Shin, founded Terraform Labs in Seoul. The two launched the Terra blockchain and introduced the UST stablecoin, pegged to the LUNA token in 2019. One of the most popular stablecoin projects, it was directed at delivering the benefits of price stability, wider currency adoption, decentralized anonymity and fast, affordable payments. However, the Terra ecosystem entirely collapsed in May 2022 and a fork was devised as per the Terra Ecosystem Revival Plan 2. A new version of Luna (LUNA) was launched, with the older one (LUNC) co-existing. Transactions on the Terra 2.0 blockchain are validated through the proof-of-stake (PoS) consensus mechanism. The leading cryptocurrency, Ethereum, has also transitioned from the proof-of-work to proof-of-stake mechanism that has only made the competition among PoS blockchains tougher. The network has 130 validators working at a given point of time. As a PoS platform, it is considered to be a very eco-friendly token. Why these projections matter? A stablecoin is intended to safeguard coin holders against the volatility of other cryptocurrencies. It is pegged to either a fiat currency such as USD or to a supporting cryptocurrency. Terra USD (UST) was pegged to Luna Classic (LUNC- then, only Luna). This is where the problem began. A cryptocurrency is in no way an equivalent to gold reserves. As UNA prices got destabilized, it adversely affected UST prices too, and the entire stablecoin system collapsed in May 2022. For a few initial years, LUNC kept performing well. And, it was even among the top 10 cryptocurrencies by market value by the end of 2021. But the Terra system collapsed in May 2022 leading to a fork. It, basically, launched a new version of Luna. The Terra Ecosystem Revival Plan 2 was implemented according to which both versions of the Luna token can exist. Undoubtedly, the future of this cryptocurrency is crucial in determining if a failed crypto can make a comeback and grow. Well, its performance after the May 2022 debacle has been, so far, less than celebratory. But if LUNC trades well in the future, it will be a cause of celebration not only for this particular cryptocurrency but for a lot of other cryptos. LUNC’s price, volume, and everything in between Since its launch in 2019, LUNC’s price kept floating around $0.2 and $1.3 until April 2021. When the crypto market boomed in mid-2021, its price began to increase. And, it nearly touched $100 by the end of the year. Starting from 2022, it kept oscillating between $50 and $100 and reached an all-time high (ATH) of $119.18 on 5 April 2022. The next month, its price began to fall and the Terra system collapsed in mid-May. Source: CoinMarketCap Bloomberg reported in May 2022 that the market lost approximately $45 billion within a week following the Terra collapse. Terraform Labs and its co-founder Do Kwon were fined $78.4 million in corporate and income tax by the Korean National Tax Service. On 25 May 2022, Bloomberg reported that the network launched a new version of the cryptocurrency, LUNA. The older crypto is now called Luna Classic (LUNC) and the newer one is called Luna 2.0 (LUNA). Though LUNC, the older cryptocurrency, has not been entirely replaced, a lot of users are moving to LUNA. It should be noted here that LUNC so far has not been performing well at all. The market capitalization of LUNC similarly reflects the market sentiment regarding the crypto. Throughout 2019-20, it didn’t even reach up to $500 million, but began increasing in 2021. Now, towards the beginning of February, it crossed the $1 billion mark. And, by the end of 2022, it was above $36 billion. LUNC’s journey kept moving upwards the next year too and in April 2022, it crossed $41 billion. But post the crash of May 2022, it has been oscillating between $300 million and $1.5 billion. South Korea is now seeking to revoke Kwon’s passport following which he might be forced to return to South Korea. A request has been passed to the nation’s Foreign Ministry to scrap the travel document, reported Bloomberg. An arrest warrant has already been issued against him and other members. Recently, Financial Times reported that South Korean prosecutors have reportedly asked Interpol to issue a Red Notice against Kwon. Kwon, however, tweeted that he is not on the run from any interested government agency and added that the company is in full cooperation and doesn’t have anything to hide. The crypto crisis that followed the collapse of the twin coins, Terra USD and Luna Classic, has adversely affected the entire crypto market. LUNC, in such circumstances, remains particularly vulnerable. LUNC’s 2025 predictions Before you read further, you should understand that predictions of different cryptocurrency platforms and analysts widely vary as different analysts rely on different sets of metrics to arrive at their conclusions. A good number of times, these predictions can go wildly wrong. Besides, nobody can foresee events such as the Chinese crypto ban or the Russia-Ukraine crisis. Let us now have a look at what different analysts have to say about the future of LUNC in 2025. Telegaon predicts that the minimum and maximum prices of LUNC in 2025 will be $0.0089 and $0.028, respectively. Other experts, after analyzing the previous performance of LUNC, predict that its average price in the said year will be $0.015. Coinpedia is, however, not so optimistic about the future of Luna Classic. It predicts that LUNC will be traded as high as $0.002846 and as low as $0.001094 in 2025. Its average price in the said year will be $0.001776. LUNC’s 2030 predictions Telegaon continues to remain optimistic about the future of LUNC in 2030 as well. It predicted that LUNC will be traded as high as $5.23 and as low as $1.93 in 2030, with its average price remaining at $3.11. On the other hand, Bitcoin Wisdom predicted that LUNC’s price will keep oscillating between $0.002603 and $0.002834 in 2030. Its average price in the said year will be $0.002719 as per the prediction. Disclaimer Now, it’s worth addressing the elephant in the room too. Pre and post-crash projections and opinions on the project have changed significantly over the last few months. This means that there is a lot of uncertainty around. For instance, back in March, Professor Carol Alexander, a member of Finder’s panel of experts, claimed, “… as its name implies, it could actually go to the moon (for a while).” On the contrary, there are others who believe, “There is a lot of uncertainty around LUNA right now – the project is really ambitious and the objective an admirable one but just what the effect on the LUNA token itself will be is unclear.” Conclusion So far, we have provided a succinct summary of LUNA Classic (LUNC). For those of you contemplating investing in cryptocurrency, we would like to reiterate that cryptocurrency predictions cannot be relied upon entirely. And, you should conduct your own research before making an investment in LUNC. The cryptocurrency market still remains very bearish and is likely to remain volatile for the next few months. A recent Bloomberg report says that an upcoming legislation would ban algorithmic stablecoins such as TerraUSD the collapse of which led to a global crypto crash. The said bill is currently being drafted in the U.S. House. The bill would make it illegal to develop or issue new “endogenously collateralized stablecoins.” We should also keep an eye on how the Terra community would adapt to the changes in technology and the market. It will determine if these developments will be successful in regaining investors’ trust. Longby Mitchellkennedy7710
looking for short term long in the purple boxThe exact range it 0.0002589868 - 0.000272334 Will probably use a little leverage because its so volatile I actually had a position last night at 0.000183 and sold it around 0.00021 and I felt like it was a good gain. Woke up this morning and saw this huge candle oh wellLongby Alex-WeigelUpdated 3317
new bullish wave has begun 💯🚀last chart from me today, please drop boost and follow for more 💙 after calling the bottom we saw a parabolic move, then I warned of consolidation/slight profit taking before next bull wave begins. now looks like the new wave is beggining, in past few days lunc broke my consolidation zone and local trend resistance. very bullish signs! all while on low volume, lets see what happens when some real volume comes in ;) hmm.. Goodluck traders, enjoy your sunday! see you soon with some more charts 🥶Longby Vibranium_CapitalUpdated 212151
LUNCUSDT more pump ahead As we said before we are looking for a bullish market here and the pump can easily continue here like the green arrows on the chart. Notice: resistance should break first then the continuation of the pump is possible. ((press like👍 if you enjoy + comment your opinion about the market or your thoughts, below this analysis)) Longby MMBTtrader6640
LUNC Short hey traders im expecting touch this area in this bull run after hitting the target, I'm going short LUNC here what u think share ur chart and leave a commentShortby HesamUNT2214
LUNC mid term tradehey traders we had some trade at LUNC its my new move check the chart and lvls share ur chart and leave a commentLongby HesamUNT2221
BuyyyWithout complication the coin confirms now the breakout of the bullish pattern h&s 🔥🔥Longby Mazen_cL1114
LUNC - Bull Flag BreakoutAccording to our previous post, we pointed out wither a bull flag or strong rejection at our retest. We got a large pump above our resistance and a 4H close above our bull flag. Therefore, if you are looking to chance a long in case we get the near 80% move to the upside. I would look for your first support zone around 31 (0.618/65) or a retest of our 0.786 (around 3) to retest our old resistance and new support and the rip could truly begin. Again, LUNC is a very speculative play but based on TA patterns this could be an incredible trade. Longby VIAQUANT13
TRADE ALERT - LONG LUNCPosition = LUNC Entry = 0.0003387 Stop Loss = 0.0003 Final Target = 0.0004337 Risk/Reward = 2.4/1 Leverage = 5x Profit Potential = +140%Longby stewdamus3313
$LUNC - Number Go Up 🤞Short term PT for $LUNC; Using fibs and traditional TA. Catalyst: Coinbase listing.Longby Number-Go-Up5521
LUNC - Both ScenariosBefore the analysis please understand LUNC is a very speculative play and highly risky as it has now become a "meme" coin. Be careful trading assets such as this. On the left side we see the bullish case scenario. It seems like we are forming a bull flag and the measured move would be a 78% pump upon breakout!!! On the right side we see a bearish scenario where the resistance we are currently fighting is very strong. If we fall from here we easily have an 8% drop which would be around the 274 level. This is also in confluence with the golden ratio. If we get above this red box and hold above, then the bull flag on the left would become even more powerful. by VIAQUANT6611
LUNC CAN MOVE UP AGAINI think this coin can rise again. I did the wave count on the chart. Do not forget stop and capital managementLongby behdark15
LUNCUSDT supports and resistancesI believe it's bullish I hope it break it's last key resistance at top of the chart DYOR #lunc #terraclassic #luncusdt #bullish #lunaclassic #dokwan #terra #luna Longby Mehrunabd3326
Lunc Bull flag Continuation? Entry: 0.000278. Stoploss: 0.000273 If Lunc breaks out - Target 0.00038 If not it might drop to the next zone 0.00024 GoodluckLongby stwx8888101011
$LUNCUSDT UPDATE!!!Hi Snipers, Please refer to the recording for the next price levels and scenarios. Thanks MS04:33by Market-Snipers2241
LUNA CLASSIC > SHIB: The Rise And Fall Of Pump & Dump Sh!tcoinsHello good morning my fellow traders. I show in the chart above how LUNA and SHIB have almost identical chart patterns. Fractals aren't always perfect but when comparing two different pump and dump hype coins then they usually rhyme. All this little news and crap coming out for LUNA is the same type of crap that was coming out when SHIB had reached its peak and began falling. Dont believe me then go to google and type in Shiba Inu and look at the news back in 2021 when Shib topped out. This price manipulation with LUNA so CZ or other big holders can dump their holdings on millionaire dreamers and recoup their losses is disgusting. Please people for the love of god don't fall for this scam that has been happening over and over again in crypto with hundreds upon hundreds of pump and dumps throughout the years, and Ive been in crypto since 2015. They all end the same, a slow bleed out all the way back down to previous lows. When LUNA gets back down to .00004 then sure maybe buy a few and hope for a nice dead cat bounce at some point in the future. For now LUNA has finished its run and has topped out, its on its way back down to where it started this run, and it will take a little while for it to bleed out, especially with how many are staked and how long it takes to un-stake, and how many fools are hodling in hopes of striking it rich. I used to think that LUNA would do something good with all the "fake" positive news it had in the beginning before the run started, but I have since changed my view on it. The supply is just too high, and none of the current burns will bring the supply down for shit, I explain with the math how long it will take to burn 90 percent of LUNA in my previous post, more than 10 years. Also the community has turned into a bunch of obnoxious crybaby thugs trying to force exchanges to burn coins, its a terrible look. Plus UST is still de pegged and never will be pegged again. Algorithmic stable coins are banned anyways. I would put in a short and ride this thing all the way to bottom cause thats where its headed. There is way too many people out there holding way to many LUNA for it to ever go to a dollar. When the majority are saying that a coin will 1000x then it will not do that, it will instead to the opposite. When SHIB holders became millionaires they bought when there wasn't any hype. They weren't screaming 1000x SHIB from he rooftops before it went on its parabolic rise, they bought when no one was talking about it. Then it had its rise and those holders became millionaires. Then once it had its rise, the 1000x SHIB hype started, and millions of people got on board only to be disappointed. The hype period of SHIB was not when millionaires were made, it was instead the end of the massive rally up. The hype was created so there would be enough liquidity so the early early adopters/holders could dump their SHIB and turn their unrealized gains into real profits at the top. Without the hype period at the top in SHIB, none of those holders would have ever become millionaires, simply because there wasn't anyone to buy them regardless of the price before that. Get it now? This is where LUNA is at the moment the massive hype cycle so smart money can dump their bags on the little guy with the dream of becoming a millionaire. Plus it doesn't help that every you tuber and their mother is saying $1 LUNA simply to get clicks, subscribers, and likes, and the majority of those you tubers know exactly what is happening but they are lying to you so you sub to their channel. Most of those youtubers only have a hundred or so dollars invested in LUNA, they said so. If they really believed the crap they are spreading don't you think they would invest as much as they can, or even a few grand? If I truly believed something would 1000x then i would sell everything I own, I would search the cracks in the couches for change, and get a personal loan and go all in. They don't do that because they don't actually believe it, they just want your clicks. People need to wake up from this fantasy world they are living in with this LUNA crap. $1 $.10 or even $.01 will never happen, EVER! LUNA will never be touched by any financial institution or any big money since its crash, unless they plan to pump and dump it for a quick Billion dollars. CZ of Binance manipulated LUNA just right so he could recoup his almost 2 billion in LUNA losses from the crash. Hes probably made 5x that by now, why do you think hes fine with burning $4 Million dollars in fees every day? Cause hes making hundreds of millions of dollars daily pumping and dumping this thing on your faces. Hes the conductor of this hype train, and hes about to jump off and let the train crash and burn. I wouldn't be surprised if CZ came out when LUNA bottoms to its previous low and says something to give this thing a dead cat bounce up another 500% and cause a mini hype rally and steal another quick billion from some fresh morons. Anyways thats my rant on all this crap. This is not trading or financial advice, this is just my opinions and speculations. Thank you and I hope you all have an amazing day. Shortby BitgolderUpdated 161614
Crusial Price$0.000313 (approx.) will be a crusial price to determine if LUNC will make a new high or start dumping Trade safely.by imam9825Updated 117
LUNC Still @ Discount Levels NFA....all kinds of pattern potential DYOR this looks good tho..R&R ratio not bad.by andrewgbelle8
LUNC consolidation faze before bull craze 😜 🚀⚡last chart of the day from me, please drop a boost and follow to show your support 💛 in my last analysis at .000193 I stated a potential short trap was in play, and I expected a big bounce from trend support. Exactly as predicted, we saw a big pump from our trend support, congrats to lunc longs! since my last update we saw move from .000193 to .00032, potential for 65.8% return with no leverage or 3290% return with 50x leverage if you played it right. insane! sometimes I surprise myself, it is great when it happens. im sure your question is what now? well I think there is 2 scenarios, some small consolidation around these current levels then rally towards .00055. or we dip to previous trend resistance/that flips to support and that rally continues from there. goodluck traders, see you soon with more charts 💙Longby Vibranium_Capital292980
Lunc resistanceHi Dear Lunc make a nice flag that can push it to higher 0.00032892 or higher But if break 0.00024894 can be move lower to 0.00021 Good luck by mehran_salehiyan779