The LUNC price is pumping again, up 15% this week and back in the five top crypto gainers today on Binance, just behind ApeCoin.
This latest LUNC pump is a considerable show of strength by the bulls - with the Bitcoin price still trading under $20,000 and Ethereum under $1,400 as market sentiment moves 'risk off' heading into the FOMC meeting Wednesday.
Terra Classic Price History
The current monthly high for Terra Classic (LUNC) or 'Terra LUNA Classic' as some traders refer to it, was $0.000593 on September 8th.
That top was the peak of a 14.3x price move from the 2022 lows of $0.00004123, hit on June 9th (counting Terra price action since the Terra LUNA hard fork and its rebranding to LUNC).
After an almost 1,500% move a correction and consolidation was to be expected - the LUNC price has retraced as low as $0.00024 this month, a 60% pull back.
The Terra Classic price bounced near the weekly EMA 8 - front run there by the bulls and is now trading back above the May 30th day one...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...