Amid the market-wide recovery going on in the crypto market, altcoins such as Terra Classic (LUNC) have stood out to crypto analysts due to their fundamentals being more bullish than others. Crypto analyst Mr. Diamondhandz has elaborated on how bullish the LUNC price is and why it is ready for a blow-off top.
LUNC Is A Pressure Cooker Ready To Explode
In an analysis shared on X (formerly Twitter), the crypto analyst singled out LUNC as one of the altcoins that is ready to rally. This analysis showed the movement of the altcoin over the last few months, which has managed to maintain a consistent support level above $0.00007.
The analyst also points to the Terra Classic community remaining strong as well as support for Binance as other reasons why the LUNC price is ready to rally. Binance, the largest crypto exchange in the world, has continued to support the Terra Classic community by burning fees generated from LUNC trading on the platform.
These burns have worked to help reduce the su
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