Terra Classic is in the green like most altcoins but only with modest gains. After respecting support at $0.00009, bulls took the reins from the sellers, who have dominated since the LUNC price hit a Q4 milestone, topping out at $0.00028 in December.
Is LUNC Price Going To $0.0002 In February?
Terra Classic traded at $0.00011 on Friday, maintaining a 2% growth in the last 24 hours. The technical picture on the four-hour chart shows LUNC oscillating between two key levels; the 20-day Exponential Moving Average (EMA) resistance at $0.00011 and the 20-day EMA support at $0.000108.
If the Moving Average Convergence Divergence (MACD) indicator flashes a buy signal in the coming sessions, new buy orders would build the momentum to trigger a rally targeting the next key resistance at $0.00013.
This buy signal will manifest as the MACD line in blue crosses above the signal line. Green histograms above the neutral area will affirm the breakout.
LUNC price chart | Tradingview
Unlike many altco
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