The LUNC price prediction manages to maintain its position, while the bulls maintain the desire to defend the support at $0.000056.
LUNC Price Prediction Statistics Data:
- LUNC price now – $0.000062
- LUNC market cap – $395.2 million
- LUNC circulating supply – 6.5 billion
- LUNC total supply – 6.9 trillion
- LUNC Coinmarketcap ranking – #216
LUNC/USD Long-term Trend: Bearish (4H Chart)
Resistance levels: $0.000090, $0.00010, $0.00011
Support levels: $0.000040, $0.000030, $0.000020
LUNC/USD is undergoing a much-needed break to the positive side. The coin is posting gains of over 10.34% in the last 24 hours, with the coin trading above the 21-day moving average at $0.000062.
LUNC Price Prediction: Where is LUNC Price Going Next?
The LUNC price resumes back in the middle of consolidation as the coin crosses above the 9-day and 21-day moving averages. The price is now roaming around the $0.000062 level. Meanwhile, if the market continues the upward movement, the $0.000070 resistance level is likely to surface in the next few positive moves. More so, LUNC/USD pair might further look for higher price levels if the bulls continue to show commitment.
However, the market is currently displaying a sign of subduing volatility with choppy price action. On the other hand, if LUNC/USD pair decides to stay under the control of bears, the price may likely roll back to the previous supports at $0.000040, $0.000035, and $0.000030. But as the Relative Strength Index (14) moves to cross above the 60-level, the next resistance levels could be located at $0.000090, $0.00010, and $0.00011 respectively.
LUNC/USD Long-term Trend: Bearish (45 Minute Chart)
On the 45-minute chart, LUNC/USD is ranging, as the coin recently exploded above the 9-day and 21-day moving averages, as it continues to rise towards the nearest resistance level of $0.000065. Meanwhile, crossing above the upper boundary of the channel may hit the resistance level at $0.000075 SAT and above.
On contrary, any bearish movement by the bears to re-power the market may find the support level at $0.000050 and below. Meanwhile, the technical indicator Relative Strength Index (14) is moving into the overbought region to increase the bullish movement.
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