in Bitcoin ( BTC) despite the withdrawal of Terra Classic ( LUNC) broke an important resistance zone.
on Ripple The crypto money market, which fell with the news losing its popularity and power, caused concern. Testing $30,000 multiple times a day BTC shook the altcoin market. Rarely, there have been coins that resisted BTC and experienced an uptrend. One of the most striking names among them is Terra Classic ( LUNC ). How is the technical structure progressing for LUNC? Which regions on the chart are critical?
Terra Classic (LUNC) Technical Evaluation
Starting the upward movement at $0.0000758, LUNC faced great selling pressure from the $0.0000101 resistance. Relaxing from this value to $0.00000800, LUNC managed to find buyer support. The popular coin, which bounced after the market stagnated, jumped above the decision zone of $0.000009309.
Currently trading at $0.000009446, the resistance points for LUNC are 0.0000101 – 0.0000105 – 0.0000111 and 0.0000116 respectively. Zones that are likely to work as support are $0.000008353 and $0.000007582. Failure to hold $0.000007582 may increase the sell-side transactions on LUNC. In this process, it is of great importance to carefully monitor the Terra ecosystem.
