TERRA CLASSIC Price Prediction, Bulls roar on the crypto community

Key Takeaways
  • The Terra Luna Classic community has unanimously approved a crucial proposal. The proposal focuses on on-chain deployment of terrad client v2.3.1.
  • The deployment is specifically related to the incorporation of a dynamic validator commission module. The aim is to revive LUNC and USTC.
  • Following the liquidity deployment, both LUNC and USTC prices are experiencing a significant surge.
27-11-2023 By: Lokesh Gupta
TERRA CLASSIC Price Prediction, Bulls roar on the crypto community

TERRA CLASSIC Proposal 11885 Approved by Community.

  • According to Coingabbar Technical Analysis, On November 22nd, amidst the altcoin market's attempt to reclaim bullish momentum.

  • Terra Classic's coin price surged, breaking free from the resistance trendline within a pennant pattern.

  •  A bullish breakout from the pennant pattern positions LUNC for a substantial recovery in the near future.

  • The breakout signals a shift in control towards buyers, indicating a poised continuation of the bullish recovery.

  •  Over the past five days, LUNC's price has soared by an impressive 80%, currently hovering around $0.00012400.

  • Recent LUNC price surge signals a trend reversal, confirmed by the breakout from an inverted head and shoulders pattern.

  • The breakout in LUNC price hints at a potential 50% increase.

KEY LEVELS :

RESISTANCE LEVEL : $0.00012300-$0.00012900

SUPPORT LEVEL : $0.00011300-$0.00011000

Disclaimer: Crypto is not regulated and can offer considerable risks. There may be no regulatory remedies available in the event of any losses resulting from price analysis. As a result, before engaging in any transactions involving crypto products, each investor must perform in-depth examination or seek independent advice.

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