Red screens dominate the crypto market today. The total market cap has slipped to nearly $2.33 trillion, falling 1.18% in the past 24 hours.
Bitcoin looks heavy. Major altcoins are struggling to find support. Sentiment feels cautious.
And then there is Terra Classic.
While most traders were bracing for more downside, Terra Classic suddenly pushed higher, jumping 26.47% to $0.0000459 in a single session.
The move was sharp, aggressive, and backed by strong participation. In a market that looks tired, this kind of breakout stands out immediately.
Now LUNC Price Prediction is back in focus. When a token moves against the broader trend with conviction, it forces the market to pay attention.
The question building now is simple—is this just another short-lived spike or the early stage of a larger speculative wave?
Several factors aligned at the same time, pushing Terra Classic sharply higher despite broader market weakness.
350% Spot Volume Surge:
The primary driver was a massive spike in spot buying volume, which jumped over 350%.
This surge pushed LUNC above key moving averages and confirmed strong independent momentum. When volume expands this aggressively, short-term breakouts often accelerate.
Jane Street Lawsuit Narrative:
As reported by Crypto News Portal (@TerraHaberTr) on X, Terraform Labs has filed a lawsuit against Jane Street over alleged manipulation during the LUNA UST crash.
The escalation of this legal narrative has reignited strong community sentiment around Terra Classic and USTC, adding an emotional catalyst to the rally.
March 1 Binance Burn Speculation:
Traders are positioning ahead of the upcoming March 1 Binance burn event. Binance executes monthly LUNC burns, and the previous burn removed billions of tokens from supply.
This has triggered a classic “buy the rumor” setup, with participants accumulating before the next burn update.
Ongoing Supply Reduction Narrative:
According to burn tracking data by luncscan.com, over 439 billion LUNC tokens have already been burned, representing more than 6% of total supply.
Continuous supply reduction keeps the long-term scarcity narrative alive, which supports speculative momentum during breakout phases.
Together, volume expansion, legal developments, burn expectations, and supply reduction narrative have created a powerful short-term momentum mix.
On the 4-hour chart, price had been trading inside a falling wedge pattern for an extended period, showing gradual downside compression.
The breakout above the wedge resistance marked the first structural shift in momentum.
More importantly, price reclaimed the 200 EMA, which had acted as strong dynamic resistance for weeks.
Moving above the 200 EMA signals improving trend strength and shifts short-term control toward buyers.
RSI is now in the overbought zone.
This reflects strong bullish momentum, but such elevated RSI levels often lead to short-term pullbacks as traders book profits before the next move.
The immediate resistance to watch is $0.00004484. If price flips this level into support, upside expansion can continue toward higher resistance zones. However, a rejection at this level could trigger a brief cooling phase.
As long as price holds above the 200 EMA, the short-term upside structure remains intact.
Key Levels
Support
$0.00003609
$0.00003470
$0.00003261
Resistance
$0.00004484
$0.00005059
$0.00005807
These levels will determine whether the breakout extends further or pauses for consolidation.
As highlighted in the daily chart shared by @hami8040 on X, token appears to have broken out from a long consolidation range.
Price had been building a base for months before finally pushing above the range resistance.
The chart projection suggests that if this breakout sustains, upside momentum could extend toward the $0.00008–$0.00010 zone in the coming phase.
For now, holding above the breakout level will be key. A sustained move above the recent range confirms strength, while a drop back inside could signal a false breakout.
The structure looks primed — but confirmation will come from follow-through volume and daily closes above resistance.
Short-Term Target: If pruce sustains above $0.00004484, the next upside zone sits near $0.00005059.
Long-Term Target: If the daily breakout structure holds with strong volume, extended targets open toward $0.00008 and potentially $0.00010.
LUNC Price Prediction: Final Outlook
LUNC has broken out with strong momentum and reclaimed key levels.
From a LUNC Price Prediction view, staying above the breakout zone and 200 EMA keeps the bullish setup active.
If price holds, upside can extend further. If it drops back below support, the move may cool quickly.
Disclaimer: Cryptocurrency markets are highly volatile. This price prediction is based on technical structure and current developments, not financial advice. Investors should conduct independent research and assess risk tolerance before making decisions.
Rahul Rathore brings over 3 years of hands-on experience in technical analysis, specializing in crypto, stocks, and market trend forecasting. With a deep understanding of chart patterns, indicators, and market psychology, Rahul delivers precise, actionable insights that help traders and investors make informed decisions. His analytical approach combines technical expertise with real-world market understanding, making his content reliable and highly valued by both novice and experienced traders.