Coinpedia-Market-Insight

LUNC ready to skyrocket!

Long
CRYPTO:LUNCUSD   Terra Classic
USTC Surge Impact: LUNC experiences a 28.50% overnight surge, coinciding with a 137% jump in Tera Classic (USTC) price, igniting a bullish trend.
Inverted Head and Shoulder Breakout: LUNC's recovery rally leads to an inverted head and shoulder breakout, signaling a potential trend reversal.
Teased 50% Hike: The breakout rally hints at a potential 50% surge in LUNC's price if the momentum persists.
Battle with Resistance: LUNC's price recovery challenges the bearish pressure, attempting to surpass the $0.000098 mark but faces resistance near $0.00010.
Psychological Resistance Break: Recent recovery in USTC helps LUNC breach the psychological resistance at $0.00010, reflecting a bullish sentiment.
Current Price & Overnight Surge: LUNC currently trades at $0.00010028 after a 28% surge overnight, showcasing strong bullish momentum.
Stochastic RSI Indicator: Stochastic RSI indicates overbought conditions as the K and D lines rise, reflecting a bullish momentum shift.
MACD Indicator: Bullish comeback in LUNC reflected by a positive crossover between the MACD and signal lines.

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