Terra Classic (LUNC) has spent months drifting lower, frustrating its community and casting doubt on its ability to stage a comeback. Once a token synonymous with dramatic rallies, LUNC has now settled into a long period of sideways trading and decline. Yet, the latest technical picture suggests that the story might not be over. A potential 30% breakout looms if LUNC can pierce through $0.000066, making the next few weeks crucial for its trajectory.
Holding the Line at $0.000060
The most striking element of LUNC’s chart is its persistence around the $0.000060 support zone. For weeks, sellers have attempted to lower the price, but buyers have managed to defend this line. This consistency suggests that, despite the overall bearish structure, a committed base of traders remains willing to accumulate at current levels. If this floor continues to hold, it could provide the launchpad for a larger move upward.
While support remains firm, resistance looms heavily. The 100-day EMA at $0.000066 has emerged as the key barrier. Each time LUNC approaches this level, selling pressure increases and rallies stall. However, a decisive breakout above this resistance could completely shift sentiment, opening the door for a test of $0.000072 and potentially $0.000080. A push into this region would represent gains of 25–30% from current levels, giving LUNC the comeback story that many investors are waiting for.
Related article: Terra Classic (LUNC) Struggles Near $0.000058 Amid Tight Range
Momentum Signals Point to Divergence
Adding a layer of intrigue is the Relative Strength Index (RSI), currently hovering around 3.81 in green, showing a bullish divergence against price action. This suggests that while LUNC’s price has been stagnant, momentum is slowly tilting in favour of buyers. Divergence of this kind often precedes trend reversals; however, traders should remain cautious, as the signal could fade quickly without significant trading volume.
For LUNC to reclaim its reputation as a comeback token, it must do more than flirt with resistance. A sustained close above $0.000066, backed by rising volume, would confirm a breakout. Without it, the token risks sliding back toward $0.000060 or even testing lower supports near $0.00005188. The market is essentially at a crossroads: either break free and run higher, or continue to languish in decline.
Conclusion: A Breakout Still Within Reach
After months of decline and stagnation, Terra Classic (LUNC) still carries the potential for a sharp rally. Defending the $0.000060 floor has kept hopes alive, but the real challenge lies in overcoming the $0.000066 resistance. Should bulls succeed, a 30% upside move toward $0.000080 is within reach, marking the kind of surge that could reinvigorate the community’s faith. Until then, the token remains trapped in uncertainty, waiting for its moment to either reclaim momentum or sink deeper into obscurity.
