LUNC Luna Classic Is About To DieA lot of these tokens in the next couple years are going to bleed out to zero. With the new Bitcoin ETFs and big money in the space they arent buying Luna, or BNB, or name your coin. They are buying what regulators have allowed them to buy. So far thats only Bitcoin,Ethereum, Litecoin, and Bitcoin Cash. This next bullrun will be utility, and regulatory based for the big players.
People holding these tokens like LUNC are going to eventually dump. Luna will never go to even a penny never mind a dollar. Its looking extremely bearish to me. Maybe one more dead cat bounce before Luna falls into the shadow realms. LUNA wont be the only one suffering this fate either. This next bullrun and after is going to delete most of the crap out there. You'll always have the casino where people play hot potato with the meme coins that come out every minute of the day. Real money is not going into this stuff though. Good luck and I wish you all the best, hate to see LUNA get rugged a second time, that would be some serious salt in the wounds. Not financial advice.
Descending triangle and Stoch RSI pointed straight down.
Lunc
LUNC ANANLYSIS (2D)LUNC, after a strong pump in the form of an X wave, appears to have entered a diametric pattern and is now at the end of Wave E.
In the green zone, we are looking for buy positions in spot, while in the red zone, we are looking for sell/short positions in futures.
To invalidate the buy and sell outlooks, we have marked two invalidation levels on the chart. If a daily candle body closes above or below these levels, the respective outlook will be invalidated.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Terra Luna Classic ($LUNC) Hits Major Burn MilestoneThe Terra Luna Classic ( SEED_DONKEYDAN_MARKET_CAP:LUNC ) ecosystem has reached a significant milestone, burning over 405 billion LUNC since May 2022. This deflationary move, alongside the burning of 3.5 billion USTC, has fueled optimism for a potential price breakout. As fundamental and technical indicators align, market sentiment suggests an imminent shift in trajectory.
The Impact of LUNC and USTC Burns
The Terra Luna Classic community has remained committed to revitalizing the ecosystem following its 2022 collapse. The burning of tokens serves as a crucial deflationary strategy aimed at reducing supply and, in turn, boosting demand. According to the latest burn tracker update, the total LUNC burned has reached 405,867,335,786, with USTC burns surpassing 3.5 billion tokens.
One of the key contributors to this burn mechanism is Binance, which has reaffirmed its commitment to reducing LUNC’s circulating supply. The exchange recently incinerated 760 million LUNC from trading commission income for February, highlighting the sustained community and partner contributions toward the token’s long-term sustainability.
Despite the aggressive burn, LUNC has struggled to break past major resistance levels. However, the positive market sentiment stemming from these fundamental shifts could be the catalyst needed for a substantial price movement.
Technical Outlook
LUNC’s price is currently trading at $0.00006094, marking a 5% increase in the past 24 hours. However, the broader market turbulence has caused LUNC to decline 5.74% over the past week and 46% Year-to-Date (YTD).
Key Technical Indicators:
The RSI is pegged at 41, a neutral zone that signals room for a potential bullish surge while still susceptible to downside risks. SEED_DONKEYDAN_MARKET_CAP:LUNC is currently testing the 38.2% Fibonacci retracement level. A breakout above this key resistance could signal the start of a bullish reversal.
If selling pressure persists, a dip below the 1-month low could be inevitable, potentially dragging LUNC back into bearish territory.
LUNC Ecosystem Updates: What’s Next?
Earlier this year, the Terra Luna Classic development team outlined five major updates aimed at strengthening the ecosystem. These include removing fork modules, enhancing token burns, and refining governance mechanisms. While most of these plans have been successfully implemented, the long-term success of LUNC still hinges on broader market sentiment and further adoption.
Conclusion
The latest burn figures have reignited optimism within the Terra Luna Classic community, setting the stage for a potential bullish turnaround. With key technical indicators aligning with fundamental improvements, LUNC traders are eyeing a breakout above critical resistance levels.
And Then One Time Bitcoin Went From $30k To $30 MillionNever say never! I know it sounds crazy but what if this whole bitcoin move that we saw from inception to today was one giant cycle? What if this is the bottom of a larger cycle and we are about to see numbers that no one could ever even imagine are possible? What if everyone who is predicting Bitcoins's next move is near sighted and need to zoom out allloot further and see the larger cycle? What if Im crazy? Its all possible, and that would put Bitcoin's market cap at $600 TRILLION. Not impossible in my opinion. This is just my opinion and a wild one at that so dont take this as any sort of financial advice, Im just having fun here. Good luck out there.
Could LUNC be preparing to make a comeback?LUNC has been trading below equilibrium for about two years now, following a horrific loss in value that completely destroyed its reputation and shattered the wealth of tens of thousands of investors. However, the charts seem to indicate that LUNC could experience a 300% to 500% price increase by early 2026, perhaps even sooner.
I'm by no means a fan of LUNC and would avoid it like the plague if I were you. Regardless, the "wealth transfer" community across a wide variety of platforms seems convinced that God is telling them to buy this coin, as it will make them all wealthy beyond their wildest imaginations. Either that, or they live in states where cannabis is legal and are abusing the privilege. But time will tell if these people are LUNAtics or not.
Good luck, and always use a stop-loss!
LUNC trash token has already lost 100% of the 'Trump Pump' gainsThe LUNC trash token, often promoted by the 'wealth transfer' community on YouTube and other platforms, has officially lost 100% of the gains it made from the 'Trump Election pump.' It does appear that LUNC could be setting up for a decent move in the future, but anyone who invests in a trash token like this, which has defrauded so many people and robbed them of their wealth, would have to be utterly insane. Not to mention, there are trillions and trillions of tokens.
There are much better investment options out there, so why take the risk of betting on trash becoming treasure? For the most part, trash remains trash.
Good luck, and always use a stop-loss!
Luna Classic: Burn Tax Proposal Sparks Debate Amid Price DeclineThe Terra Luna Classic ( SEED_DONKEYDAN_MARKET_CAP:LUNC ) community has initiated a heated discussion surrounding Proposal 12149, which aims to increase the on-chain tax rate from 0.5% to 1.5%. While this measure promises to enhance LUNC’s burn rate and bolster funding for the community and Oracle pools, it has not been without controversy. The vote comes in the wake of the successful v.3.3.0 network upgrade, which simplified tax handling and improved the ecosystem for developers and dApps.
The Proposal: A Closer Look
The proposed tax increase would triple the burn tax, allocating 1.2% for burns and 0.3% for community and Oracle pools. Proponents argue this move could significantly reduce the total supply of LUNC, accelerate burns, and increase funds available for staking rewards and ecosystem growth.
However, critics, including Binance co-founder Changpeng “CZ” Zhao, have raised concerns about higher taxes potentially deterring developers and layer-2 projects from building on the Terra Luna Classic network. Validators have also expressed divided opinions, with 43.24% voting "Yes," 16.01% voting "No," and 40.74% voting "No with veto" as of the latest tally.
Current Market Performance
Despite the promising implications of the burn tax proposal, LUNC has struggled in the market, dropping 9% in the last 24 hours to $0.0001135. The token’s trading volume surged by 38% during the same period, indicating heightened market activity. Similarly, USTC has seen a 7% drop, trading at $0.02029, with an 87% increase in trading volume.
Technical Analysis
From a technical standpoint, SEED_DONKEYDAN_MARKET_CAP:LUNC is in oversold territory, with the Relative Strength Index (RSI) at 28. This low RSI typically signals a potential correction or breakout, presenting two possible scenarios:
1. Upside Potential: The active community and the burn mechanism could drive renewed investor confidence, sparking a rally.
2. Downside Risk: If the broader market correction persists, LUNC may continue its downward trajectory, especially as Bitcoin’s ( CRYPTOCAP:BTC ) price movement exerts influence over the altcoin market.
Immediate support for SEED_DONKEYDAN_MARKET_CAP:LUNC is seen at $0.0001115, with resistance at $0.0001243. A breakout above this resistance could signal a short-term recovery, while a failure to hold support might lead to further declines.
Fundamental Outlook
The burn tax proposal highlights the Terra Luna Classic community's commitment to reducing token supply and strengthening the ecosystem. However, the divided vote underscores the challenge of balancing ecosystem growth with immediate investor sentiment.
Despite the current price volatility, LUNC's long-term potential remains tied to the community's ability to execute on its vision and navigate market challenges. If Proposal 12149 passes, the increased burn rate and enhanced community funding could lay the groundwork for a more robust Terra Luna Classic network.
Conclusion
While LUNC’s recent price action reflects broader market trends and skepticism around the burn tax proposal, its strong community backing and proactive governance measures position it as a token with significant long-term potential. Traders and investors should closely monitor the outcome of Proposal 12149 and key technical levels to gauge the token’s next move.
ITS LUNC time!! Will it go to a $1?So basically LUNC had some movement and as I am already late to see it's been not known to me as of now that any news or something gave that move? But I can help you understand whats next onto it?
This is the 12H chart and idle scenario buys goes from the white line - Thats the TPO Line.
Ideally at 4Hrs, 0.00016923 is the point to hold and if volume suggets, Longing from here is a better option. To all the people who have fomo, dont do it! My Buys start from the tpo - white line 0.00015861 to 0.00016138. either you can try to buy from the SMA line or buy 30% of it and remaining from the mentioned. Also you may find it more low as TPO flush happens. So My Buys are mentioned stops will be deviated once the SMA is touched,
Targets - The red line! If goves above it, will follow the yellow box stating the final targets or extended ones! To put trailing Sl's as shown below
Terra Classic (LUNC)So far, LUNC's movement behavior is analyzable by technical analysis and Elliot waves. That is, the corrective 2 and 4 waves both ended at 0.5 and 0.618 Fibonacci retracement; And the impulse wave 3 have been extended to 1.618. So, if the impulse wave 5 grow bigger than wave 3 it can extend past the 1.618 about 0.0041. Otherwise, it probably going to be smaller than wave 3 and extend up to 1 Fibonacci extension; that is about 0.00125.
There is another possibility and that is the corrective wave 4 is not finished yet and going to unfold in complex waves. Lets wait and see which happens.
Terra Luna Classic Set to Break Out? Set Your Eyes On ThatTerra Luna Classic ( SEED_DONKEYDAN_MARKET_CAP:LUNC ) has been the talk of the crypto world, thanks to its surging trading volume and promising tokenomics. With weekly trading volume hitting a staggering 2.27 trillion tokens on Binance and a much-anticipated burn event looming, optimism about a potential price surge to $0.0005 has reignited. Let’s explore the key drivers behind SEED_DONKEYDAN_MARKET_CAP:LUNC ’s bullish momentum and the technical and fundamental aspects that underscore its future potential.
Massive Weekly Volume and Burn Optimism
The Terra Luna Classic Foundation recently announced via X (formerly Twitter) that SEED_DONKEYDAN_MARKET_CAP:LUNC ’s trading volume surpassed 2.27 trillion tokens on Binance in a single week. In a pivotal move, Binance committed to allocating 50% of trading fees toward buying back and burning SEED_DONKEYDAN_MARKET_CAP:LUNC , a strategy designed to reduce token supply significantly.
Historically, token burns have had a positive impact on price by reducing supply. The anticipation for Binance's next burn event, set to occur in just 12 days, has already bolstered market sentiment. A similar burn in the past triggered a notable price uptick, and traders are hoping for a repeat scenario.
Governance Enhancements Boost Confidence
In addition to the burns, Terra Classic’s proactive community governance is another critical catalyst. A recent proposal to transfer CoinMarketCap dashboard access to Allnodes, a leading validator, received approval. This shift aims to enhance transparency and streamline the project’s operational framework, thereby strengthening investor confidence.
Technical Analysis
Golden Cross Emerges Amid Recovery Efforts
The technical outlook for SEED_DONKEYDAN_MARKET_CAP:LUNC is equally compelling. At the time of writing, SEED_DONKEYDAN_MARKET_CAP:LUNC is up 3%, trading with a Relative Strength Index (RSI) of 62.84. The RSI indicates that the token is gaining strength but is not yet overbought, leaving room for further upward movement.
Of particular note is the formation of a golden cross on the daily chart. This bullish pattern, where the 50-day moving average crosses above the 200-day moving average, historically signals an impending price breakout. SEED_DONKEYDAN_MARKET_CAP:LUNC appears to be on the verge of escaping its previous falling trend channel, setting its sights on the next pivotal resistance at $0.000144.
Should the token experience a correction, immediate support lies at $0.000099, a level that could act as a strong accumulation zone for buyers. The golden cross pattern, combined with this robust support, cements SEED_DONKEYDAN_MARKET_CAP:LUNC as a favorable buy at current levels.
Pivot Points and Long-Term Targets
Short-term analysis suggests SEED_DONKEYDAN_MARKET_CAP:LUNC is likely to challenge the $0.000144 pivot level in the coming sessions. Meanwhile, analysts are projecting a potential 480% rally that could catapult SEED_DONKEYDAN_MARKET_CAP:LUNC ’s price to $0.000593, provided the burn event and governance improvements maintain their momentum.
Broader Market Dynamics
Despite a slight dip in daily trading volume, currently down 65% to $68 million, SEED_DONKEYDAN_MARKET_CAP:LUNC has posted a respectable 10% gain over the past week. Futures Open Interest for Terra Classic decreased by 11% to $9.33 million, signaling that traders are exercising caution ahead of the Binance burn. This "pause" could set the stage for a dramatic price move once the burn is executed.
Conclusion
Terra Luna Classic ( SEED_DONKEYDAN_MARKET_CAP:LUNC ) is at a pivotal moment, with strong fundamentals and bullish technical patterns aligning for a potential breakout. The combination of token burns, governance improvements, and a golden cross pattern on the chart has fueled optimism for a price surge to $0.0005 and beyond.
Investors should keep a close eye on the upcoming Binance burn event and key technical levels, particularly the $0.000144 resistance and $0.000099 support. With momentum building, SEED_DONKEYDAN_MARKET_CAP:LUNC could offer significant upside for those looking to capitalize on its unique combination of community-driven initiatives and market dynamics.
Avalanche Foundation Acquired 1.97 Mln AVAX tokens from LFGThe Avalanche Foundation recently took a bold step to reclaim its ecosystem's autonomy by acquiring 1.97 million AVAX tokens from the liquidated Luna Foundation Guard (LFG) for $53 million. This buyback, paired with CRYPTOCAP:AVAX ’s strong technical outlook, positions Avalanche well for further growth in the evolving crypto market. Let’s dive into what this buyback means for Avalanche, its partnership history with LFG, and the technical indicators suggesting where CRYPTOCAP:AVAX might be headed next.
The AVAX Buyback
The Luna Foundation Guard (LFG) originally acquired $100 million worth of AVAX tokens from the Avalanche Foundation as part of a reserve strategy to support TerraUSD (UST), the algorithmic stablecoin of the Terra blockchain ecosystem. In return, the Avalanche Foundation received $200 million worth of UST and LUNA tokens, signaling a cross-ecosystem partnership intended to strengthen both platforms.
However, following the collapse of UST, the Avalanche Foundation faced a dilemma. The 1.97 million AVAX tokens LFG still held became a potential risk, as their future sell-off could create a major price disruption. In response, Avalanche reclaimed these tokens to mitigate uncertainty and reaffirm its commitment to the community. Aytunç Yildizli, CEO and Executive Director of the Avalanche Foundation, expressed optimism regarding this acquisition, viewing it as a reinforcement of Avalanche’s ongoing commitment to growth and development.
How the Tokens Will Be Used
Avalanche’s reclaimed AVAX tokens will be funneled into initiatives supporting its ecosystem. According to Avalanche representatives, these tokens are earmarked for community grants, ecosystem development, and technological advancements. By using the tokens in this way, Avalanche aims to foster community engagement, expand its ecosystem, and ultimately attract more projects and developers to the platform.
The Partnership with Terra
The original partnership between Avalanche and LFG was a milestone in cross-chain collaboration. By contributing $100 million worth of AVAX to UST’s reserve, Avalanche became the first major crypto asset outside of Bitcoin to support UST, expanding its role in the Terra ecosystem. The collaboration had initially sparked hopes for integrating Terra-based DeFi protocols within the Avalanche ecosystem. Although the plans were cut short by the Terra collapse, this collaboration showed the potential of cross-chain partnerships in crypto.
Technical Analysis
Despite its impressive fundamentals, CRYPTOCAP:AVAX has experienced a minor dip of 1% at the time of writing. However, the daily chart reveals a promising “Golden Cross” pattern, a technical indicator where the 50-day moving average crosses above the 200-day moving average. Historically, this pattern is considered a strong bullish signal, often indicating that the asset is primed for an upward reversal.
Yet, caution remains necessary. If selling pressure persists, CRYPTOCAP:AVAX could dip to its next support level around $24. This would provide an opportunity for accumulation, especially for those who believe in the token's long-term potential.
AVAX’s Role in the Layer-1 Ecosystem
As a leading layer-1 blockchain, Avalanche differentiates itself through its unique subnet architecture, enabling highly customizable and scalable applications. This modular approach has drawn various developers to build DeFi, gaming, and enterprise applications within the Avalanche ecosystem. With the AVAX buyback, the Avalanche Foundation signals a strategic focus on expanding and supporting these use cases, enhancing the platform’s utility and resilience.
Conclusion: Is AVAX Ready for a Rebound?
Avalanche’s proactive buyback of AVAX tokens from LFG demonstrates the Foundation’s commitment to fostering stability and long-term growth. Coupled with a Golden Cross pattern on the daily chart, these fundamentals suggest a promising outlook for $AVAX. The token remains a valuable asset for investors seeking a solid foundation within the layer-1 blockchain sector.
While short-term volatility may persist, Avalanche’s combination of technical indicators and ecosystem developments makes it well-positioned for a potential bullish trend. For investors eyeing layer-1 assets, CRYPTOCAP:AVAX offers a compelling mix of fundamentals, technical strength, and future growth potential.
USTC, Out of Slumber soon. Multiple X Surge Prospect!USTC recently suprised everyone when it suddenly woke up from its deep slumber from its 0.10 range to surge at 0.18 level. It corrected back to 0.13 range as we speak. The sudden spike conveys a buying volatility is already in order.
Expect another upside attempt from here on with possible significant breakout.
This one is very sensitive to pump at the current range.
Recent development conveys a permanent omission of minting of the coin to support its repeg.
Spotted at 0.013.
TAYOR.
LUNC BULLISH During what we predicted, LUNC was able to act and broke the triangle with a great momentum, and now it's time for him to say hello again to the ceiling of our triangle, which plays the role of support, this is the correction that was expected and then it should Let's wait for an attractive climb again
Lunc Breaks Out
Terra Classic (LUNC) has surged past a key resistance level with strong volume, signaling a potential trend reversal. Bullish indicators like the Bollinger Bands and moving averages suggest this upward momentum could continue.
Is LUNC finally on its way back to the moon? 🌕
**Key takeaways:**
* LUNC breaks above crucial resistance.
* Strong volume confirms buying pressure.
* Bollinger Bands and moving averages support the bullish outlook.
**What's next?**
Keep an eye on these levels:
* **Support:** 0.00008713
* **Next Target:** 0.00009187, then 0.00010000
**Disclaimer:** This is not financial advice. Cryptocurrency investments are volatile, so always do your own research and practice risk management.