Tue, April 23

Terra Classic (LUNC) Price Prediction 2024, 2025, 2026-2030

Terra Classic (LUNC) Crypto Price Prediction
  • Bullish LUNC price prediction for 2024 is $0.00017514 to $0.00033776.
  • Terra Classic (LUNC) price might reach $0.0003 soon.
  • Bearish LUNC price prediction for 2024 is $0.00005437.

In this Terra Classic (LUNC) price prediction 2024, 2025, 2026-2030, we will analyze the price patterns of LUNC by using accurate trader-friendly technical analysis indicators and also predict the future movement of the cryptocurrency

TABLE OF CONTENTS
INTRODUCTION
  • Terra Classic (LUNC) Current Market Status
  • What is Terra Classic (LUNC)?
  • Terra Classic (LUNC) 24H Technicals
TERRA CLASSIC (LUNC) PRICE PREDICTION 2024
  • Terra Classic (LUNC) Support and Resistance Levels
  • Terra Classic (LUNC) Price Prediction 2024 — RVOL, MA, and RSI
  • Terra Classic (LUNC) Price Prediction 2024 — ADX, RVI
  • Comparison of LUNC with BTC, ETH
TERRA CLASSIC (LUNC) PRICE PREDICTION 2025, 2026-2030
CONCLUSION
FAQ

Terra Classic (LUNC) Current Market Status

Current Price $0.0001236
24 – Hour Price Change 2% Up
24 – Hour Trading Volume $59,186,196
Market Cap $714,046,905
Circulating Supply 5,793,668,691,303 LUNC
All – Time High $119.18 (On Apr 05, 2022)  
All – Time Low $0.0001675 (On May 13, 2022)  
LUNC Current Market Status (Source: CoinMarketCap)

What is Terra Classic (LUNC)?

TICKERLUNC
BLOCKCHAINTerra Classic
CATEGORYGovernance Token
LAUNCHED ONMay 2022
UTILITIESGovernance, security, gas fees & rewards

Terra Classic (LUNC) is one of the cryptocurrencies that the crypto community can never forget. The wild crash of this token is a major catastrophic story of the 2022 bear market. 

Terra Classic (LUNC) was launched by Do Kwon’s Terraform Labs in 2019. The old version of the blockchain, Terra Classic, was launched as a proof-of-stake (PoS) blockchain built on Cosmos SDK and Tendermint. LUNC existed as a collateral token that backed a family of decentralized stablecoins of the Terra ecosystem. Terra ClassicUSD (USTC) is Terra’s algorithmic stablecoin that was backed by LUNC.

Later, to regain their spot in the market, Do Kwon and the Terra team came up with the creation of a new blockchain devoid of the algo-stablecoin and launched the new coin called Terra (LUNA).


Terra Classic 24H Technicals

(Source: TradingView)

Terra Classic (LUNC) Price Prediction 2024

Terra Classic (LUNC) ranks 105th on CoinMarketCap in terms of its market capitalization. The overview of the Terra Classic price prediction for 2024 is explained below with a daily time frame.

LUNC/USDT Inverted Head and Shoulders Pattern (Source: TradingView)

In the above chart, Terra Classic (LUNC) laid out an Inverted Head and Shoulders chart pattern that represents a bullish formation indicating a possible turnaround from a downtrend. Comprising three successive troughs, this pattern features a central trough, referred to as the head, being the lowest point, while the other two troughs, known as the shoulders, form higher lows. Its name derives from its resemblance to a head flanked by two shoulders.

This chart pattern is widely employed in technical analysis to anticipate a shift from a downtrend to an uptrend. It serves as a bullish signal, contrasting with the standard head and shoulders chart pattern, which typically indicates a bearish trend reversal.

At the time of analysis, the price of Terra Classic (LUNC) was recorded at $0.00012300. If the pattern trend continues, then the price of LUNC might reach the resistance levels of $0.00014532, and $0.00021694. If the trend reverses, then the price of LUNC may fall to the support of $0.00011550 and $0.00009129.

Terra Classic (LUNC) Resistance and Support Levels

The chart given below elucidates the possible resistance and support levels of Terra Classic (LUNC) in 2024.

LUNC/USDT Resistance and Support Levels (Source: TradingView)

From the above chart, we can analyze and identify the following as the resistance and support levels of Terra Classic (LUNC) for 2024.

Resistance Level 1$0.00017514
Resistance Level 2$0.00033776
Support Level 1$0.00009292
Support Level 2$0.00005437
LUNC Resistance & Support Levels

Terra Classic (LUNC) Price Prediction 2024 — RVOL, MA, and RSI

The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Terra Classic (LUNC) are shown in the chart below.

LUNC/USDT RVOL, MA, RSI (Source: TradingView)

From the readings on the chart above, we can make the following inferences regarding the current Terra Classic (LUNC) market in 2024.

INDICATORPURPOSEREADINGINFERENCE
50-Day Moving Average (50MA)Nature of the current trend by comparing the average price over 50 days50 MA = $0.00011334
Price = $0.00012386
(50MA < Price)
Bullish/Uptrend
Relative Strength Index (RSI)Magnitude of price change;Analyzing oversold & overbought conditions55.41481630
<30 = Oversold
50-70 = Neutral
>70 = Overbought
Neutral

Terra Classic (LUNC) Price Prediction 2024 — ADX, RVI

In the below chart, we analyze the strength and volatility of Terra Classic (LUNC) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI).

LUNC/USDT ADX, RVI (Source: TradingView)

From the readings on the chart above, we can make the following inferences regarding the price momentum of Terra Classic (LUNC).

INDICATORPURPOSEREADINGINFERENCE
Average Directional Index (ADX)Strength of the trend momentum36.25561760Very Strong Trend
Relative Volatility Index (RVI)Volatility over a specific period49.82

<50 = Low
>50 = High
High Volatility

Comparison of LUNC with BTC, ETH

Let us now compare the price movements of Terra Classic (LUNC) with that of Bitcoin (BTC), and Ethereum (ETH).

BTC Vs ETH Vs LUNC Price Comparison (Source: TradingView)

From the above chart, we can interpret that the price action of LUNC is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of LUNC also increases or decreases respectively.

Terra Classic (LUNC) Price Prediction 2025, 2026 – 2030

With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Terra Classic (LUNC) between 2025, 2026, 2027, 2028, 2029 and 2030.

Year Bullish Price Bearish Price
Terra Classic (LUNC) Price Prediction 2025$0.001$0.000052
Terra Classic (LUNC) Price Prediction 2026$0.005$0.000096
Terra Classic (LUNC) Price Prediction 2027$0.008$0.000186
Terra Classic (LUNC) Price Prediction 2028$0.01$0.000214
Terra Classic (LUNC) Price Prediction 2029$0.03$0.000687
Terra Classic (LUNC) Price Prediction 2030$0.05$0.000980

Conclusion

If Terra Classic (LUNC) establishes itself as a good investment in 2024, this year would be favorable to the cryptocurrency. In conclusion, the bullish Terra Classic (LUNC) price prediction for 2024 is $0.00033776. Comparatively, the bearish Terra Classic (LUNC) price prediction for 2024 is $0.00005437. 

If there is a positive elevation in the market momentum and investors’ sentiment, then Terra Classic (LUNC) might hit $0.0003. Furthermore, with future upgrades and advancements in the Terra Classic ecosystem, LUNC might surpass its current all-time high (ATH) of $119.18 and mark its new ATH.

FAQ

1. What is Terra Classic (LUNC)?

Terra Classic (LUNC) is the native crypto coin of the Terra Classic. Terra Classic is a proof-of-stake (PoS) built on Cosmos SDK and Tendermint. Terraform Labs launched the mainnet in 2019. LUNC was Terra’s collateral token for its assembly of stablecoins.

2. Where can you buy Terra Classic (LUNC)?

Traders can trade Terra Classic (LUNC) on the following cryptocurrency exchanges such as Binance, OKX, Deepcoin, Bitrue, and Bybit.

3. Will Terra Classic (LUNC) record a new ATH soon?

With the ongoing developments and upgrades within the Terra Classic platform, Terra Classic (LUNC) has a high possibility of reaching its ATH soon.

4. What is the current all-time high (ATH) of Terra Classic (LUNC)?

Terra Classic (LUNC) hit its current all-time high (ATH) of $119.18 (On April 05, 2022).

5. What is the lowest price of Terra Classic (LUNC)?

According to CoinMarketCap, LUNC hit its all-time low (ATL) of $0.00001675 on May 13, 2022.

6. Will Terra Classic (LUNC) hit $0.0003?

If Terra Classic (LUNC) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $0.0003 soon.

7. What will be the Terra Classic (LUNC) price by 2025?

Terra Classic (LUNC) price might reach $0.001 by 2024.

8. What will be the Terra Classic (LUNC) price by 2026?

Terra Classic (LUNC) price might reach $0.005 by 2026.

9. What will be the Terra Classic (LUNC) price by 2027?

Terra Classic (LUNC) price might reach $0.008 by 2027.

10. What will be the Terra Classic (LUNC) price by 2028?

Terra Classic (LUNC) price might reach $0.01 by 2028.

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Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.

A dedicated writer who shows her interest in writing all sorts of content about the cryptocurrency market in NewsCrypto. She is an enthusiastic reader and writer with passion for sharing crypto news and trends.