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Terra Classic Price Prediction: Triangle Compression Builds As Market Weighs Legal Clarity And Burns

1M ago
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  • LUNC compresses inside a converging triangle, with resistance near $0.0000400 and support at $0.0000380.
  • Legal clarity and ongoing burns improve sentiment, but EMA resistance still caps rallies.
  • Fundamentals strengthen through staking and upgrades, while price awaits technical resolution.

Terra Classic price today trades near $0.0000395 as volatility tightens inside a converging triangle. Buyers are defending rising trend support, while sellers continue to lean on descending resistance near $0.0000400. The setup places LUNC at a decision point heading into December 26.

Triangle Structure Signals Imminent Move

LUNC Price Dynamics (Source: TradingView)

On the 1-hour chart, LUNC is coiling between a rising support trendline and a descending resistance line. Each push higher has stalled near $0.0000400, while pullbacks continue to print higher lows above $0.00003…

Read The Full Article Terra Classic Price Prediction: Triangle Compression Builds As Market Weighs Legal Clarity And Burns On Coin Edition.

1M ago
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