In the recent 24-hour trading period, Terra Classic (LUNC) has exhibited moderate growth, inching towards the $0.00009200 level. The cryptocurrency is confronting a significant resistance level near $0.00009300 as the market's bullish forces make efforts to seize control once more.
The hourly chart provides insights into LUNC's current market position, indicating that it continues to trade below the 100-day Exponential Moving Average (EMA), represented by the yellow line. This position on the chart suggests ongoing challenges in breaking through the resistance level.
The struggle for dominance between bullish and bearish market participants continues, with the $0.00009300 price point serving as a formidable hurdle. Traders are closely monitoring these dynamics to gauge the potential direction of LUNC's market movement over the coming hours.
Fuente: www.fxcryptonews.com ↗