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...
The crypto markets have yet again fallen under the bearish influence as the larger tokens have squeezing out their profits after remaining inflated for the past few days. Meanwhile, the TerraClassic (LUNC) price is no exception as the current trade set up indicates either the token is extending its consolidation or ready to dive deep soon.
LUNC price has been...
A few days ago, we published the idea of Terra Luna 2.0.
And the fact that the LUNAUSDT price did not reach $8.5 and immediately fell to the level of $2.5 is a bad signal.
We warned about the high volatility and manipulability of this asset. Trading LUNAUSDT with leverage is with possibility 80-90% drop of your deposit to 0.
Two possible scenarios in our...
Possible triangle formation on LUNA, if respected, then looking for breakouts to either the upside or downside, with bullish price target @ around $4, or bearish price target @ around $2.
I've longed here (spot trade) as i think theres decent R&R and a strong buyer level @ $3.80 that suddenly evaporated. Looking for any relief rally and further tradable patterns
Terra Luna 2.0 will continue without its algorithmic stablecoin UST and aims to preserve the Terra ecosystem with hundreds of developers working on different decentralized applications. The LUNA token will be airdropped across Luna Classic stakers, holders, residual UST holders and essential Terra Classic app developers.
In general, Terra Luna 2.0 is now...
