Terra Classic (LUNC) Slips Below Key EMAs: Can Bulls Reclaim Control?
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Terra Classic (LUNC) Slips Below Key EMAs: Can Bulls Reclaim Control?
Terra Classic (LUNC) has entered a period of renewed bearish pressure, falling by 1.52% in the last 24 hours to trade around $0.00006432 at the time of writing. The decline comes after a steady ascent that had kept the asset within a defined ascending channel for over a month. However, today’s break below key exponential moving averages (EMAs) and the channel’s lower boundary introduces fresh uncertainty into LUNC’s short-term outlook. Price Sli…
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