bullish

The LUNC crypto asset exhibits strong upward momentum and bullish tendency as it sustains above major 20, and 50-Day EMA bands. The price action shows that it has been getting ready and aims to cross it for higher price levels.

Moreover, major reliable indicator tools for the LUNC token illustrate bullish strength as MACD exhibits a bullish cross over the zero line with a broadening histogram. MACD line is at 0.0000196, the signal line is at 0.00001769, and the histogram is at 0.000001944.

The RSI is above 50 at the 68.48 level and implies that the LUNC crypto asset can push further for more upside in the coming sessions after some consolidation in price, which means taking a timewise halt in the ascent.

On examining the day chart, the Terra Classic exhibits bullish characteristics and illustrates that it can surge further in the upcoming sessions. At the time of publishing, the crypto experienced a surge of 1.37% in the last 24 hours, trading at $0.000190885.

If the demand for the LUNC price remains high, then the next goal for the price could be to reach $0.0003500, $0.0002800 is the likely resistance level. However, if the crypto price fails to surge and slips past the $0.0001500 level, it could decline further.
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