Indicators still indicate a decline in the price of Terra Luna Classic-LUNC in the current period, but buyers still hope that this reality will change and that the price of Luna Classic will rise above the value of $0.000169, which represents a point from an extended support level in an ascending manner. The cryptocurrency market has been tough on investors lately, especially with most cryptocurrencies unable to generate profits for their owners.
However, Terra Luna Classic-LUNC witnessed a slight increase in its price, contrary to the trend of most other cryptocurrencies with a large market cap; Based on CoinMarketCap stats, the price of Luna Classic (LUNC) is up less than 0.50% during the Asian trading session.
Luna Classic is trading at the time of writing this article at a price of $ 0.000175, which made its market value reach one billion dollars, despite the constant bout of fear and uncertainty prevailing in the market, which is usually referred to in the market as “FUD” (Fear, Uncertainty, and Doubt).
The acquisition of $100 million of Terra’s assets by the Korean authorities
Against the backdrop of the collapse of Project LUNA’s technical system, a South Korean court has frozen the assets of Shin Hyun-Seong, a co-founder of Terraform Labs, the company behind Project Terra and LUNA Classic.
According to a report on November 17, a local South Korean news agency reported that a court had ordered the forfeiture of 140 billion won (approximately $104 million) of the profits Hyun-seong earned from presales of LUNA at a high price. , without disclosing it to ordinary investors.
The decision issued by the court is an important measure before the start of the trial, as it aims to prevent the accused from spending money before handing it over to the judicial authorities; It is reported that Hyun-Seong is under an intense and lengthy investigation over allegations that he illegally benefited from the financial assets of the Terraform Ecosystem, coupled with the leaking of information that the accused leaked sensitive financial information about Chai Corporation’s customers with Terraform Labs.
Terra Luna Classic-LUNC Price Predictions
Terra Luna Classic-LUNC is currently facing an immediate resistance level close to $0.0002200, and surpassing this level could positively push the price of Luna Classic (LUNC) to $0.000276. We also mention here that the 50-day moving average limits Luna Classic (LUNC) coin rose to $0.000279 per day.
We note that both the RSI and MACD indicators indicate that we should sell now, so it is very likely that an upcoming decline will occur soon, and the support level will remain at the value of $0.000169, and the increasing selling pressure and the expected decline that we mentioned may lead to a continuation and increase in the size of the selling wave until reaching 0.00012 $. Finally, traders may seek to buy above $0.000169 in order to sell in a range of $0.00022 to $0.00027.
Three coins can multiply in value 10 times
Although the cryptocurrency market is still in a slump and low in prices right now, the following three cryptocurrencies that are being offered for sale right now have significant upside potential.
Dash to Trade
The Dash 2 Trade platform has been developed according to the “Learn to Trade” model, as the platform provides readings based on market conditions in addition to alerts of optimal buying and selling times and provides future market expectations, and it will be launched in the first quarter of 2023.
The D2T platform offers many useful services to investors such as trading signals, social analytics, and even market sentiment analysis to provide an informative trading experience; According to the team that developed it, Dash 2 Trade aspires to be the Bloomberg equivalent of the cryptocurrency market. The platform also provides automated trading and backtesting services to improve the trading experience in various ways.
The Dash 2 Trade platform also includes a feature to alert investors of new coin listings on the centralized platforms, giving them access to information that was previously reserved for elite investors. Given all these characteristics, it’s not surprising that the D2T ICO has been such a huge success, raising over $6,460,873 (over $6.4 million) so far.
Visit the Dash 2 Trade website now
Calvaria is a new game project based on blockchain and cryptocurrency, which has the potential and potential to grow in the “play for profit” market in a big way; The developers of the project have identified two major obstacles to the widespread adoption of Web3 games, as the huge investor enthusiasm for Web3 games or what is also called the third generation Internet (Web3) is not similarly reflected in the users.
The Calvaria-RIA IPO continues to gain traction in its fourth of 10 phases, with nearly $1.8 million raised to date. Investors are flocking to this fast-growing GameFi project, and its Calvaria-RIA coin is seeing its price skyrocket at every stage of its initial sale.
The price of the Calvaria-RIA coin reached $0.025 in the fourth stage, and rose to the price of $0.03 in the fifth stage, while the price of one coin will become $0.055 in the tenth stage.
Join Calvaria-RIA’s presale now
Also, TARO is another project that has the ability to break stereotypes in the field of games and the virtual world, as the initial sale offer for the currency was launched a short time ago, and despite this, potential investors flock to invest in the project.
RobotEra is a blockchain-based metaverse in which users can add their characters as they wish to explore this vast digital world, and TARO is the platform’s base currency. RobotEra players can invest in a wide range of real estate, including the ability to buy land, build on it, and expand their territory using the various infrastructures available within the metaverse.
The ultimate goal of the project is to create a metaverse where everyone feels safe with their personal belongings. RobotEra also has a common metaverse, where users can do group activities ranging from sports activities to concerts and other competitive events. The TARO IPO has now started and can be described as a phase of quick coin selling.
Join the RobotEra-TARO presale now!