Terra Classic Coin ar putea înregistra o scădere de 8.5% înainte de următorul salt

Earlier today, the Terra Classic coin price showcased a 7.5% try to follow up the bullish reversal from $0.0002 support. However, the V-shaped recovery failed to sustain above the $0.00026 resistance, indicating weakness in the buyer’s commitment for sustainable recovery. Can prices hit the $0.000334 resistance in the near future, or is there more for a correction rally?

Puncte cheie: 

• A LUNC chart shows reversal signs at $0.00026 resistance.
• Panta zilnică-RSI sare în teritoriu optimist.
• Volumul de tranzacționare intraday în moneda LUNC este de 607 milioane USD, ceea ce indică un câștig de 158%.

Sursă- Tradingview

Over the past two months, the Terra classic coin price has resonated between the $0.000334 and $0.0001975 levels. Moreover, the coin price has twice retested both the aforementioned levels indicating the traders are actively responding to these barriers.

Amid the ongoing recovery in the crypto market, the LUNC price rebounded from the $0.0001975 support and a crescut 22.5% to $0.00026 resistance. Furthermore, altcoin started the day on a bullish note and tried to break the overhead resistance; however, the intense supply pressure offset the intraday gains.

The Terra classic coin price currently trades at $0.000249, with a 3.56% loss from yesterday’s closing. Moreover, a long-wick rejection candle with high volume activity indicates intense supply pressure and the possibility for a bearish reversal.

This development could plunge the prices by 8.3% to hit local support of $0.000228. If the selling pressure persists, the coin holders may witness a revisit to $0.0002.

On a contrary note, the potential buyers looking for an entry opportunity could wait for the range breakout from the $0.000334 ceiling.

Indicatori tehnici

Indicator de vortex: a bullish crossover between the VI+ and VI- slope reflects the buyer’s attempt to regain trend control. However, the short spread between these slopes indicates a need for more confirmation.

EMA: the LUNC price reclaimed the recently breached 100-day EMA. These slopes strengthen the supporting power of the $0.0002 mark.

Terra Classic Coin Preț Niveluri intrazi

• Rata spot: 0.000249 USD
• Tendință: urs  
• Volatilitate: ridicat
• Nivel de rezistență - 0.00026 USD și 0.000334 USD
• Nivel de suport - 0.00022 USD și 0.00020 USD