LUNC to Hit $3 in Next Bull Market?

LUNC to Hit $3 in Next Bull Market?


The Terra Luna Classic price prediction is bullish, as the LUNC/USD pair has gained support at $0.000169, a support level extended by an upward trendline. A recent arrest warrant issued for associates of Terra (LUNA) founder Do Kwon has apparently been thrown out by a South Korean judge.

Yonhap News reports that Seoul Southern District Court chief warrant judge Hong Jin-Pyo is withdrawing an arrest order for Terraform Labs co-founder Shin Hyun-seong and other of Kwon’s collaborators.

Yonhap News Agency of South Korea reported on December 3 that Judge Hong Jin-Pyo had dismissed warrants issued by the Seoul Southern District Prosecutors Office on November 29 because he believed there was “little risk” that Shin or the Terra associates would destroy evidence related to the case against the crypto firm. 

According to the article, Terra co-founder Do Kwon is unlikely to return to South Korea because of the legal proceedings he faces there.

Despite the fact that many cryptocurrency investors hold Kwon personally responsible for their losses and the present bear market, he has remained active on social media since Terra’s demise. The Terra co-founder stated in September that he was “making zero efforts to hide” from law enforcement. 

Subsequently, he appeared on a podcast hosted on Twitch where he and the notorious hedge fund manager and pharmaceutical executive Martin Shkreli discussed FTX and Shkreli’s time behind bars. 

As a result of this being interpreted as a positive event for LUNC investors, Terra Classic (LUNC) experienced a minor price increase.

Terra Luna Classic Price Prediction

Terra Classic’s current price is $0.000173, with a 24-hour trading volume of $80 million. Terra Classic has decreased by over 1.5% in the previous 24 hours. CoinMarketCap now ranks #40, with a live market cap of $10 billion. The circulating supply is 5,978,922,534,079 LUNC coins, and the maximum supply is not known.

Terra Classic (LUNC) Price & Tokenomics – Source: Coinmarketcap

On the daily timeframe, the LUNC/USD pair has recovered above the $0.00014 support level, which has been extended by an upward trendline.

After breaking through the $0.00016 resistance, the LUNC price is now vulnerable to the $0.00021 level of resistance.

Terra Luna Classic Price Chart – Source: Tradingview

The RSI shows a downward trend, while the MACD shows a positive trend. In addition, the 50-day moving average is indicating a bearish trend below $0.00022, which is currently acting as resistance.

While LUNC is unlikely to reach $3 anytime soon, a cross over $0.00016 can trigger purchasing till $0.00027 or $0.00036.

In addition to LUNC, IMPT, D2T, and TARO have received attention due to their outstanding performance in presale.

IMPT – Presale Ends in 1 Week

IMPT is getting attention as it will start trading on the decentralized exchange (DEX) Uniswap on December 14. Two centralized exchanges, LBank and Changelly Pro, will list IMPT shortly after its DEX launch.

IMPT’s first presale launched on October 4 and raised $1 million in 72 hours, with the project reaching its presale target of $10.8 million on October 26. This was a record-breaking 22-day period. The initial presale price of an IMPT token was $0.018.

Currently, IMPT has raised more than $14.3 million since its initial public offering in October, with 1 IMPT currently trading at $0.023., a new platform for carbon offsetting and carbon credits trading, will end its token presale early on December 11 due to its phenomenal success.

Buy IMPT Now

Dash 2 Trade (D2T)

Dash 2 Trade is a research and analytics tool that gives high-quality insights to cryptocurrency investors. The platform aspires to be the “Bloomberg terminal for cryptocurrency.” It has a robust feature set, including investor signals and a trading application trading interface (API).

Dash 2 Trade is currently holding a token presale at drastically reduced prices. Sales of D2T tokens recently surpassed $8.7 million. The price per token will be increased to $0.0556 from $0.0533 when the sale moves to the next stage.

Visit Dash 2 Trade here

RobotEra (TARO)

RobotEra is a game that takes place on Taro, a virtual planet. A tremendous apocalyptic event destroyed the globe, and it must be rebuilt. In this game, players must rebuild the virtual globe while purchasing land and property. Every asset in RobotEra is a non-fungible token (NFT), from players’ avatars to their properties and land.

The game essentially gives players complete ownership of anything they purchase, allowing them to sell and profit whenever they want.

1 TARO is currently being sold for 0.020 USDT (it can be purchased with either USDT or ETH), but this price will rise to $0.025 in the second stage of its presale.

In the few weeks since the presale began, the project has raised more than $393 in funding.Visit RobotEra Now


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