The Terra Classic (LUNC) price is attempting to stabilize after a significant 72.16% drop. Recently, it has rebounded by 12.8% to $0.000081, but faces resistance at $0.000084. The price movement is constrained within a descending triangle, indicating potential for a 12-14% rally if it breaks above this resistance. The 20-day EMA provides dynamic resistance, while the ADX suggests an overextended downtrend might consolidate for strength.
Disclaimer: Please note that the information provided in this article is based on the referenced research articles. It is essential to conduct further research and analysis before making any investment decisions. The cryptocurrency market is highly volatile, and investors should exercise caution and consult with financial professionals before engaging in cryptocurrency trading or investment activities.
