Key Levels to Watch for Terra Classic

By: bitcoin ethereum news|2025/05/03 11:30:01

LUNC trades around $0.000062 with resistance at $0.00006440 capping upside momentum. Price forms a rising wedge pattern with support at $0.000059–$0.000060 under pressure. Momentum indicators turn neutral as bulls await breakout above $0.0000645 for confirmation. Terra Classic (LUNC) is consolidating near $0.000062 after a recent relief rally failed just under the $0.000064 resistance level. The 4-hour chart shows price floating above both the 50-EMA and 200-EMA, but upward momentum is weak. Bollinger Bands are narrowing, hinting at a volatility squeeze. A descending trendline resistance near $0.00006440 continues to cap gains, according to technical indicators. Intraday Pattern Shows Rising Wedge, Key Support Tested On shorter timeframes, a rising wedge pattern appears to be forming with visible demand between $0.000059 and $0.000060. If this support breaks, price may revisit the $0.0000591 liquidity zone. Reclaiming $0.0000645 remains critical for any upward push, with $0.00006750 as the next upside zone to test. May Outlook: Range-Bound or Reversal? Looking at daily and weekly charts, LUNC shows continued indecision, remaining largely range-bound between $0.000059 and $0.000064 over the past few weeks. While the 4-hour chart shows the 20-EMA and 50-EMA attempting to cross above the 200-EMA, signaling a short-term bullish structure shift, this is not yet confirmed. Related: Bitcoin Forecast Models Set $250K as the May Target for 2025 Cycle Meanwhile, the MACD histogram is losing momentum, and the Stochastic RSI has started turning lower after reaching overbought levels, suggesting that upside pressure may be fading. From a broader view, LUNC is still trading well below the 0.786 Fibonacci level at $0.000081. Key recovery zones remain distant at $0.000117 and $0.000137. Without volume expansion, these levels are unlikely to be revisited in the near term. Will LUNC Buyers Step Up or Let $0.000060 Slip? Terra Classic will likely remain within its current tight trading range in early May if volume and momentum do not pick up. A confirmed breakdown below the $0.000060 support could lead to further declines towards the $0.000056–$0.000059 area. Conversely, reclaiming $0.0000645 with strong volume could propel LUNC towards the $0.000067–$0.000071 resistance zone. For now, the $0.0000590–$0.0000645 corridor is the critical pivot range for LUNC. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company. Source: https://coinedition.com/lunc-price-prediction-for-may-2025-can-terra-classic-break-out-of-the-0-000064-ceiling/

-- Price

In the next decade, the biggest evolution of Bitcoin is precisely "responding to change with invariance." The four-year cycle is giving way to capital flows such as ETFs, corporate and sovereign reserves, and bank credit, while digital credit and digital currency will grow layer upon layer on top of...

Forbes Special Report: Stablecoin cross-border payments are faster now, but not cheaper yet

Cross-border payments using stablecoins are rapidly expanding, bringing speed and accessibility, but due to insufficient institutional liquidity, they have not yet delivered on their promised cost savings. The technology has been validated, and regulations are improving, but the industry has not yet...

Li Feifei's latest long article: When video generation, robots, and NVIDIA all claim to be world models, we need a taxonomy

Language gives machines a way to talk about the world. The world model is the means by which machines ultimately understand, imagine, reason, and interact with it.

Blaming the desolation of the cryptocurrency world on the rise of AI is a form of intellectual laziness

The emergence of giants signifies a mature business model. Although it will reduce speculative space, there is also enough room for error, allowing for the continuous emergence of new forces.

The impact of OUSD on Circle, Tether, and Paxos: not a single negative factor, but a more complex reshaping of competition

OUSD will not be the last new competitor; Circle needs to respond more actively in terms of products, distribution, and ecosystem collaboration.

A valuation of 8 billion dollars, doubling in 8 months! What makes the crypto-friendly bank Erebor Bank stand out?

Erebor is a high-profile experiment taking place at the intersection of banking, cryptocurrency, and industrial policy.

340 billion valuation: Li Yanhong's largest IPO, a seat in Kunlunxin's shares is hard to come by

As a core asset in Baidu's AI landscape, Kunlun Chip is expected to exceed Baidu's market value after going public, becoming an important bargaining chip in its turnaround battle.

Stablecoins are the "royalists" of the crypto world: Open USD brings the old currency system into play

The emergence of Open USD has shifted the competition for stablecoins from the market struggle of crypto startups to a battle for infrastructure involving traditional finance, payment networks, technology platforms, and public chain ecosystems.

Cape Verde 2-3 Argentina: The Underdog Team That Stunned the World in Defeat

Cape Verde's run ended in a 3-2 defeat to Argentina, but their journey — three unbeaten draws, one heroic goalkeeper, and a fight that pushed the defending champions to the brink — is the kind of story markets recognize too: small caps can rattle blue chips long before anyone expects it.

Semiconductor stocks plummet, yet Anthropic wants to create a 2nm chip

Abandoning TSMC and teaming up with Samsung. Anthropic launches a self-developed 2nm chip program, challenging Nvidia and starting a battle to break through computing power costs.

Where is Zhao Changpeng's billion-dollar investment going? YZi Labs' investment landscape fully revealed

Zhao Changpeng's billion-dollar new "family office" YZi Labs investment landscape revealed: 70% of the funds are committed to the crypto ecosystem, while 30% are cross-industry bets on AI and biotechnology, launching a new capital experiment in the post-Binance era.

Ethereum Foundation Report: A Basic Guide to Ethereum for Governments and Financial Institutions

The Ethereum Foundation has released this non-technical introductory report aimed at government officials, central banks, regulators, and corporate decision-makers, explaining how Ethereum works, how it is governed, how it differs from other blockchains, and how institutions and governments are alre...

A pre-announced harvesting case: After the cryptocurrency price dropped by 99%, the public chain Saga exited to transform into AI

True failure often isn't a single price drop, but rather a pricing mechanism that repeatedly rewards those who tell stories while repeatedly punishing those who believe in the stories.

When American giants collectively "defect" from Chinese AI models

Coinbase CEO publicly stated: the company has fully switched its AI to a Chinese model, cutting expenses in half while usage has doubled. Snowflake and Lindy are also doing the same thing—an unnoticed "AI model migration wave" is happening.

BIS Report Compliance Observation: The Real Risks of Stablecoins, Not Just "Depegging"

The issue with stablecoins is not just whether their price will decouple, but whether they can be integrated into a recognizable, monitorable, accountable, and regulated financial system.

Portugal 2-1 Croatia: Ronaldo's 20-Year Knockout-Stage Drought Ends With a Debt Finally Collected

Portugal beat Croatia 2-1 in the 2026 global football championship's knockout rounds as Ronaldo scored his first-ever knockout-stage goal, Gonçalo Ramos struck a stoppage-time winner, and VAR ruled out a late equalizer for offside.

Bitcoin Price Prediction July 2026: Will BTC Recover to $70K or Drop Below $55K?

Bitcoin price prediction for July 2026: Can BTC recover to $70,000 or fall below $55,000? Explore ETF flows, key support levels, Fed outlook, and our Bitcoin forecast.

A South Korean company that learned the strategy of hoarding coins, from a bull market to delisting?

When the overall momentum of the Korean stock market is strong, this batch of cryptocurrency concept stocks, branded as the "Korean version of Strategy," finds itself at a crossroads of life and death.

Strategy Founder: The Next 10 Years of Bitcoin