Terra Classic is Predicted to Drop to $0.000161 By Dec 09, 2022

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

  • Terra Classic is down -3.18% today against the US Dollar
  • LUNC/BTC decreased by -2.86% today
  • Terra Classic is currently trading 9.51% above our prediction on Dec 09, 2022
  • Terra Classic dropped -20.19% in the last month and is down -100.00% since 1 year ago
Terra Classic price $ 0.000176
Terra Classic prediction $ 0.000161 (-8.68%)
Sentiment Neutral
Fear & Greed index 26 (Fear)
Key support levels $ 0.000169, $ 0.000165, $ 0.000158
Key resistance levels $ 0.000180, $ 0.000187, $ 0.000191

LUNC price is expected to drop by -8.68% in the next 5 days according to our Terra Classic price prediction

is trading at $ 0.000176 after losing -3.18% in the last 24 hours. The coin underperformed the cryptocurrency market, as the total crypto market cap decreased by -1.97% in the same time period. LUNC performed poorly against BTC today and recorded a -2.86% loss against the world’s largest cryptocurrency.

According to our Terra Classic price prediction, LUNC is expected to reach a price of $ 0.000161 by Dec 09, 2022. This would represent a -8.68% price decrease for LUNC in the next 5 days.

LUNC Price Prediction Chart

Buy/Sell Terra Classic

What has been going on with Terra Classic in the last 30 days

Terra Classic has been displaying a negative trend recently, as the coin lost -20.19% in the last 30-days. The medium-term trend for Terra Classic has been bearish, with LUNC dropping by -31.85% in the last 3 months. The long-term picture for Terra Classic has been negative, as LUNC is currently displaying a -100.00% 1-year price change. On this day last year, LUNC was trading at undefinedT.

Terra Classic reached its all-time high price on Apr 05, 2022, when the price of LUNC peaked at $ 119.01. The current LUNC cycle high is $ 0.000590, while the cycle low is at $ 0.000017. LUNC has been displaying high volatility recently – the 1-month volatility of the coin is at 14.68. Terra Classic recorded 14 green days in the last 30 days.

Terra Classic technical analysis for today – Dec 04, 2022

The sentiment in the Terra Classic markets is currently Neutral, and the Fear & Greed index is reading Fear. The most important support levels to watch are $ 0.000169, $ 0.000165 and $ 0.000158, while $ 0.000180, $ 0.000187 and $ 0.000191 are the key resistance levels.

Neutral sentiment for Terra Classic

15 indicators are currently signaling a bullish prediction for Terra Classic, while 12 indicators are showing a bearish forecast. With 56% of indicators favoring a positive prediction. This results in an overall Neutral sentiment for Terra Classic.

Crypto market is currently experiencing Fear

Currently, the Fear & Greed index is at 26 (Fear), which signals that investors have a negative outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.

Terra Classic moving averages & oscillators

Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how Terra Classic is positioned in the market right now.

Period Daily Simple Daily Exponential Weekly Simple Weekly Exponential
MA3 $ 0.000175 (BUY) $ 0.000173 (BUY)
MA5 $ 0.000170 (BUY) $ 0.000173 (BUY)
MA10 $ 0.000165 (BUY) $ 0.000169 (BUY)
MA21 $ 0.000167 (BUY) $ 0.000173 (BUY) $ 0.000203 (SELL) $ 3.27 (SELL)
MA50 $ 0.000205 (SELL) $ 0.014793 (SELL) $ 31.64 (SELL) $ 16.56 (SELL)
MA100 $ 0.000248 (SELL) $ 1.18 (SELL) $ 27.03 (SELL) $ 20.87 (SELL)
MA200 $ 0.000174 (BUY) $ 8.71 (SELL)
Period Value Action
RSI (14) 40.32 NEUTRAL
Stoch RSI (14) 100.00 SELL
Stochastic Fast (14) 76.69 NEUTRAL
Commodity Channel Index (20) 66.67 NEUTRAL
Average Directional Index (14) 24.13 NEUTRAL
Awesome Oscillator (5, 34) 0.00 NEUTRAL
Momentum (10) 0.00 NEUTRAL
MACD (12, 26) 0.00 NEUTRAL
Williams Percent Range (14) -23.31 NEUTRAL
Ultimate Oscillator (7, 14, 28) 51.57 NEUTRAL
VWMA (10) 0.00 BUY
Hull Moving Average (9) 0.00 BUY
Ichimoku Cloud B/L (9, 26, 52, 26) 0.00 NEUTRAL

The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for Terra Classic is at 40.32, suggesting that LUNC is currently neutral.

The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Terra Classic over the last 50 days. Currently, Terra Classic is trading above the SMA 50 trendline, which is a bullish signal.

Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the LUNC closing price for the last 200 days. LUNC is now trading above the SMA 200, signaling that the market is currently bullish.

The bottom line about this Terra Classic prediction

After considering the above factors, we can conclude that the current forecast for Terra Classic price prediction is Neutral. LUNC would have to decrease by -8.68% to hit our $ 0.000161 target within the next five days. Moving forward, it will be important to monitor the LUNC market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term Terra Classic price predictions click here.

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

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