Terra Luna Classic price prediction is bearish, as the LUNC/USD pair faces major resistance at $0.000147, a level extended by 61.8% Fibonacci retracement level.
The current uptrend in LUNC was spurred by the statement that the IBC channel between Osmosis and Terra Classic (LUNC) had been restored. Users can now transfer LUNC and USTC between chains once more.
When this news surfaced, the LUNC community flooded Twitter with their thoughts. Many Twitteratis believed that this was only the beginning for LUNC, and that the coming year will offer even more excitement to investors.
Aside from this development, LunarCrush’s research indicated that LUNC investors should expect the market to shift in their favor in the near future.
LUNC was ranked first among the top ten Cosmos IBC projects by AltRank, which was a huge bullish indication for the token and pointed to a price spike in the days ahead.
Terra Luna Classic Price Prediction
Terra Classic’s current price is $0.000143, with a 24-hour trading volume of $138 million. Terra Classic has fallen by around 8.5% in the past 24 hours.
On a daily timeframe, the LUNC/USD pair has risen above the $0.00012 support level. Since the RSI and MACD indicators were in the oversold zone, the LUNC price has risen to $0.00014.
After breaking through the $0.00014 resistance level, which is extended by 61.8% Fibonacci retracement, the LUNC price could reach the $0.000154 level. Technically, LUNC has upside potential, but it may not reach $1 until and unless Terra fundamentals change dramatically.
Altcoins with Higher Returns
FightOut (FGHT) – Presale Launches
FightOut, a brand-new move-to-earn (M2E) fitness app and gym chain aimed at bringing the fitness lifestyle to web3, has launched its pre-sale, and investors believe the project has the potential to transform the existing web3 M2E landscape.
While existing M2E apps such as StepN only track steps and require expensive non-fungible token (NFT) buy-ins to participate, FightOut takes a more comprehensive approach to tracking and rewarding its users for their exercise and activity and does not require any expensive buy-ins.
FightOut’s FGHT tokens are currently selling for 60.06 USDT per 1 USDT, and interested investors should act quickly to secure their tokens, as the pre-sale raised over $2.8 million in just a few days. The FGHT token will power the FightOut crypto ecosystem.
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Major blockchain-based games, such as Axie Infinity, lost significant traction by 2022. As a result, many investors interested in cryptocurrency gaming are looking for alternative investments.
Calvaria, a new play-to-earn battle card crypto game, may be an option. Calvaria’s goal is to increase crypto adoption by creating a bridge between the real world and crypto in the form of a fun and easy-to-play crypto game.
Investors should consider Calvaria’s RIA token pre-sale. Calvaria has now raised $2.47 million and is nearing the end of its fundraising campaign, with only 20% of tokens remaining.
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Dash 2 Trade (D2T) – Presale Enters Final Stage
Dash 2 Trade is a promising crypto trading platform startup for those looking to invest in. The up-and-coming analytics and social trading platform hope to take the crypto trading space by storm with its unique features.
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Dash 2 Trade is currently holding a token pre-sale at drastically reduced prices, with sales recently exceeding $10 million. The pre-sale dashboard will go live on Friday, and the development team is currently ahead of schedule.
Tokens are currently available for purchase at $0.0533 per token and will be listed on multiple centralized exchanges within the next month.
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