Get started

LUNC / TetherUS

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

LUNCUSDT trade ideas

Terra Classic's Bold Move: EVM Integration and the LUNC SurgeThe Terra Classic community has recently made waves in the crypto sphere with its groundbreaking proposal to integrate the Ethereum Virtual Machine (EVM) into its platform. This strategic move has captured the attention of the global crypto market, positioning Terra Classic as a player to watch in the evolving landscape of blockchain technology. EVM Integration Unveiled: In a significant development, the Terra Classic community unveiled its successful EVM proposal, signaling a new era for the platform. By embracing the Ethereum Virtual Machine, Terra Classic aims to enhance its flexibility and align with the latest advancements in the crypto space. This move positions Terra Classic to become compliant with emerging technologies globally, opening the door to exciting possibilities for its native token, $LUNC. EVM's Dominance and Terra Classic's Vision: The decision to integrate EVM comes as no surprise, given its status as the gold standard for blockchain development since 2013. EVM boasts a massive network, encompassing over 910 separate chains. Terra Classic's strategic alignment with EVM reflects a vision to leverage the dominant standard in the crypto realm, facilitating interoperability and adoption of widely-used blockchain development standards. The Voting Landscape: The proposal faced a divided community, with 44% in favor, 42% against, 12.06% abstaining, and a minimal 0.20% voting with a veto. Despite the divided sentiments, the proposal is gaining traction, inching closer to the 50% pass threshold. This democratic process showcases the Terra Classic community's commitment to inclusive decision-making and reflects the importance of the EVM integration to the platform's future. Impact on Transactions and Processing Power: With EVM support, Terra Classic anticipates a significant boost in transaction processing capabilities. The integration aims to enable the platform to handle a higher volume of transactions efficiently. This enhancement in processing power is poised to elevate Terra Classic's standing in the crypto space, attracting attention from developers and projects seeking a robust and scalable blockchain infrastructure. $LUNC Price Movement: In response to the EVM integration proposal, the price of $LUNC experienced a minor surge of 0.70%, currently trading at $0.00012579. However, the weekly chart paints a more optimistic picture, showcasing a notable 5.80% surge. As the market digests the implications of the EVM integration, crypto enthusiasts are eagerly anticipating a potential surge in $LUNC prices in the near future. Conclusion: Terra Classic's strategic move to integrate EVM reflects a commitment to innovation and adaptability in the ever-evolving crypto landscape. The community's decision to embrace EVM positions Terra Classic as a platform ready to harness the power of widely-accepted blockchain standards. As the proposal gains momentum, the future looks promising for both Terra Classic and its native token, $LUNC, with the potential for increased adoption, interoperability, and a surge in market value.
Long
by DEXWireNews
2
LUNC/USDT upward momentum? 👀 🚀LUNC Today Analysis💎 Paradisers, give your full attention to #LUNCUSDT as it's displaying unmistakable signs of an imminent substantial move from a pivotal demand level. 💎 Currently, #LUNC is exhibiting an upward trend, suggesting a bullish continuation. This follows its adherence to a descending channel pattern, where it has consistently respected the channel's resistance. We are eyeing a bullish continuation at the demand level of $0.00010370, which could catalyze further upward momentum. If #LUNCCOIN sustains above this level, it could journey towards a major resistance zone at $0.00026419. 💎 However, if #LUNC struggles to stay above the $10370 mark, it might necessitate a rethink of our strategy. In this event, our focus might shift to a bullish push from an alternative demand level at $0.00008034. This particular level is noteworthy due to its history of triggering impulsive moves. 💎 A breach below this level could lead to a significant downward trajectory.
Long
by MyCryptoParadise
Luna Classic Embracing EVM for a Resurgence in ProgrammabilityTerra Luna Classic ($LUNC) is set to undergo a transformative revival as it embraces Ethereum Virtual Machine (EVM) support. The proposal, aptly named "Investigate EVM Functionality" (Proposal 11978), has garnered significant community support, signaling a strategic move towards enhanced programmability, composability, and interoperability. This bold initiative positions Terra Luna Classic to join the ranks of blockchain projects adopting widely-used standards, potentially attracting major players like Curve DAO, Uniswap, ChainLink, Hedera, and others. The EVM Support Proposition: Terra Luna Classic's proposal to introduce EVM support is more than just a technical upgrade; it's a visionary step towards adapting to new and emerging technologies. By integrating the Ethereum Virtual Machine, Terra Luna Classic aims to leverage the programming capabilities offered by the Solidity language, a hallmark of EVM chains. This move aligns the community-led Terra Classic chain with cutting-edge developments in the blockchain space. Advantages and Functionality: The advantages of EVM support on Terra Luna Classic are manifold. The proposal emphasizes the potential for the chain to seamlessly integrate with Optimistic transactions and Rollups, promising increased efficiency and scalability. Optimistic transactions, in particular, offer a novel approach where Terra Classic can execute transactions without revealing direct security information, enhancing privacy and security. As ClanMudhorn of Terrarium validator points out, "Terra Classic will have the potential to become compliant with new and emerging technologies like Optimistic transactions, where Terra Classic does not need to send direct security information on each transaction, and Rollups, which allow significantly more transactions to be processed at once, dramatically increasing the processing power of Terra Classic." Community Support and Governance-Driven Decision Making: The proposal has already surpassed the pass threshold, with over 62% of the community voting in favor. A total of 29 validators have thrown their support behind the initiative, showcasing the widespread enthusiasm for the integration of EVM functionality. The voting deadline is set for January 17, and if all goes as planned, Terra Luna Classic will mark a significant milestone in its evolution. Strategic Interoperability and Industry Adoption: By incorporating EVM support, Terra Luna Classic positions itself strategically in the blockchain ecosystem. The move towards interoperability and adherence to widely-used blockchain development standards open the door to collaborations with major projects in the space. The proposal specifically mentions the potential integration with Curve DAO, Uniswap, ChainLink, Hedera, and others, which could bring a new wave of innovation and utility to Terra Luna Classic. Conclusion: Terra Luna Classic's pursuit of EVM support is a compelling narrative of adaptation and evolution in the fast-paced world of blockchain technology. The community's endorsement of the proposal underscores the collective vision for Terra Luna Classic's future. As the voting deadline approaches, the crypto community eagerly anticipates the resurgence of Terra Luna Classic as it ventures into a new era of programmability, composability, and interoperability, setting the stage for a dynamic and inclusive blockchain ecosystem.
Long
by DEXWireNews
LUNC Posts Slight 24H Gain, but Could It Rise to $0.0002 Soon?BINANCE:LUNCUSDT was able to break out of a medium-term negative trend and has entered into a consolidation channel over the past week. As the heavy sell pressure on the altcoin seems to be taking a break, bulls could soon begin to scoop up LUNC. This may then boost the Luna Classic price to the closest resistance level at $0.00014915 in the upcoming days. Another possible scenario is that LUNC continues to consolidate for the next week. This may be an accumulation phase before a pump to the upside. Either way, the crypto may attempt a challenge at the $0.00014915 resistance level. A daily candle close above this threshold could then establish the foundation needed to rise to the next major barrier at $0.0002 through the course of the following week. This bullish thesis will remain in play for as long as LUNC does not drop out below the current consolidation channel. Should it break below this zone, it may correct down to the immediate support at $0.0000999. Continued sell pressure may then drag the Luna Classic price down to $0.00007930 in the following few days. LUNC Technicals Suggest Bullish Reversal Could Soon Take Place Traders and investors will want to note that technical indicators on LUNC’s daily chart are flagging bullish. The Relative Strength Index (RSI) indicator shows that buyers are stronger than sellers. This is evident in the fact that the RSI line is positioned above its Simple Moving Average (SMA) line. In addition to this, the RSI line is positively sloped, which suggests that buyers are starting to accumulate more strength. Meanwhile, a significant bullish technical flag is on the cusp of being triggered by the Moving Average Convergence Divergence (MACD) indicator. The MACD line is looking to cross above the MACD Signal line. Should these two technical indicators intersect in the next 48 hours, it will signal that the Luna Classic price has finally entered into a bullish cycle following the medium-term downtrend.
Long
by StevenWalgenbach
LUNC Surges 7% And Could Breakout to the Upside SoonA symmetrical triangle has formed on the 4-hour chart for LUNC. This specific chart pattern suggests that the Luna Classic price may breakout in the next few hours. Should this move be towards the upside, the crypto’s value may attempt a challenge at the strong resistance level at $0.00014915. A break above this threshold could then give the Luna Classic price the foundation needed to potentially rise to as high as $0.0002. On the other hand, a strong bearish move could lead to LUNC plummeting all the way down to $0.0000999. If sellers decide to continue exerting sell pressure on the cryptocurrency, the altcoin could even retest the subsequent support level at $0.00007930 in the short term. Technicals Support a Bullish Outlook Technical indicators suggested that the Luna Classic price may rise in the next 48 hours. Both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) indicators were flagging bullish. The MACD line was breaking away above the MACD Signal line. This is a positive technical flag which suggests that the cryptocurrency’s bullish trend may continue. Meanwhile, the RSI was breaking away above its Simple Moving Average (SMA) line. Normally, this is taken as a sign of increasing buyer strength against bears.
Long
by StevenWalgenbach
✴️ Is Terra Classic Correction Over?It is possible. Let's look into the signals. Terra Classic (LUNCUSDT) produced a major 500% bullish wave after hitting a low in August 2023. The entire process lasted 109 days. From the August low to the start of the meat of the bullish move, the consolidation phase, lasted 63 days. So the strong rise lasted a little more than a month. After such strong growth we have a classic correction, very steep, that wicked below 0.786 Fib. retracement level. This low can be compared to the August low. Meaning, that it can be followed by a consolidation phase, long or short in duration, and then a new bullish wave. The way the action will develop can vary wildly and there can even be another low before the next move but still ending as a higher low compared to last year; Long-term bullish. The correction can be over, but it can take weeks or months before the next high shows up. Namaste.
Long
by MasterAnanda
LUNC Rally Mode: Your Chance to Buy and Prosper!"**Lunc Coin Fundamental Analysis** Lunc Coin (LUNC) is a cryptocurrency that was created as a fork of TerraUSD (UST). UST is a stablecoin pegged to the US dollar, and LUNC was designed to provide stability and liquidity to the Terra ecosystem. However, in May 2022, UST lost its peg to the US dollar, and the price of LUNC plummeted. **Recent News** * **LUNC price has been volatile since the TerraUSD collapse.** The price has risen and fallen sharply, and there is no clear trend in sight. * **LUNC holders have been calling for a hard fork to create a new LUNC blockchain.** This would allow them to start fresh and avoid the association with the TerraUSD collapse. * **The LUNC community is divided on the future of the coin.** Some believe that LUNC can recover from its losses and become a valuable cryptocurrency, while others believe that it is doomed to fail. **Disclaimer** Please note that I am not a financial advisor. This information is for informational purposes only and should not be considered investment advice. The price of LUNC is highly volatile, and there is no guarantee that it will recover from its losses. You should only invest in LUNC if you are willing to take on a high level of risk.
Long
by MoonTradingForecast
Binance Burns 5.57 Billion Terra Luna Classic In the fast-paced world of cryptocurrency, Terra Luna Classic ($LUNC) has been making headlines, and for good reason. The recent burn of 5.57 billion $LUNC tokens by Binance in its 17th batch signals a significant step towards scarcity, creating a unique opportunity for investors. With the total $LUNC burned by the community surpassing 93 billion, the ecosystem is heating up, and investors should take notice. We will delve into the recent developments, the impact on $LUNC prices, and why now might be the perfect time for buyers to consider adding $LUNC to their portfolios. 1. Binance's Ongoing Commitment: Binance, the world's largest crypto exchange, has consistently demonstrated its commitment to the Terra Luna Classic community through the burn mechanism. The recent burn of 5.57 billion LUNC tokens not only reflects Binance's trust in the project but also contributes to the overall reduction of circulating supply, potentially driving up the value of LUNC in the long run. 2. Impressive Burn Metrics: The numbers speak for themselves – with over 49 billion $LUNC tokens burned to date by Binance, accounting for 53% of the total tokens burned by the community, the scarcity factor is increasingly becoming a pivotal element. The positive market response to each burn event, as evidenced by the 7% price surge in both $LUNC and USTC, indicates a strong demand for Terra Luna Classic tokens. 3. Ecosystem Expansion: The recent surge in $LUNC trading volume, coupled with the introduction of USTC perpetual contracts and new trading pairs on Binance and other exchanges, has significantly contributed to the ecosystem's growth. As the Terra Luna Classic community continues to expand, the demand for LUNC tokens is likely to follow suit, potentially driving prices higher. 4. Bullish Start to the Year: The bullish sentiment at the beginning of the year, fueled by the latest burn event and a broader market rally, positions $LUNC as an attractive investment option. The 8% price jump in the last 24 hours indicates a positive trajectory, and investors looking to capitalize on the momentum may find $LUNC to be a compelling choice. 5. Potential for Future Gains: As $LUNC currently trades at $0.000144, there is room for growth, especially considering the recent developments and ongoing burn mechanism. While the trading volume has seen a temporary decrease, this could be an opportunity for savvy investors to enter the market before a potential uptrend. Seizing opportunities at the right moment is crucial. The recent burn events, coupled with the broader market rally and ecosystem expansion, make Terra Luna Classic ($LUNC) an intriguing investment option. As always, potential investors should conduct thorough research and consider the inherent risks associated with cryptocurrency investments. However, the current scenario suggests that now might be an opportune time to explore the potential of $LUNC and consider adding it to a diversified investment portfolio.
Long
by DEXWireNews
2