The Terra Luna Classic has experienced a notable surge in value since the onset of March, marking a 20% increase compared to the previous month. Throughout the past week, its price has oscillated between $0.00013 and $0.00017, suggesting a potential upward trend despite minor setbacks, resulting in a 19% rise.
The recent momentum behind this cryptocurrency is primarily attributed to two significant updates. According to data from Genuine Laboratories, these modifications have notably enhanced dApp integration and fortified the capabilities of the Corporate DAO. Furthermore, the Terra Classic development team has made strides in upgrading the Security Package, further bolstering network security and performance.
Anticipating a Potential Rise in LUNC Value
Should bullish momentum return and breach the resistance level of $0.00017, LUNC could experience a substantial uptick in its price, potentially propelling it towards the primary resistance barrier at $0.001. However, if the upward trajectory faces continued resistance, the value of LUNC could retreat towards the support level around $0.00015. Prolonged downward trends might further depress the price, possibly reaching a support level near $0.00013.
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