LUNA $LUNC Here is the latest analysis for both tokens:
1. Terra (LUNA 2.0)
LUNA 2.0 saw a massive 250% surge earlier this month, driven by anticipation of legal news and a network upgrade. However, it is currently in a correction phase.
• Current Price: Approximately $0.127 - $0.130 (approx. ₹11.94).
• Recent Momentum: The price peaked near $0.17 on December 9 but has dropped roughly 20% in the last 24 hours as "sell the news" sentiment took over following the sentencing of Do Kwon.
• Technical Outlook: * Support: It is testing a critical support level at $0.122. If it holds, analysts target a recovery to $0.150 by year-end.
• Resistance: A major hurdle exists at $0.142 (the 200-day EMA). Breaking this could push the coin toward $0.175.
• Key Driver: The v2.18 network upgrade on December 8 improved security and interoperability, which provides some fundamental backing despite the speculative volatility.
2. Terra Luna Classic (LUNC)
LUNC continues to be a community-led, high-risk speculative asset with a focus on supply burns.
• Current Price: Approximately $0.000044 (approx. ₹0.0036).
• Post-Sentence Slump: LUNC plunged about 45% immediately after the 15-year prison ruling for Do Kwon on December 13, though it retains some monthly gains from earlier speculative buying.
• Upcoming Catalysts:
LUNC
0.00004059
-0.24%
LUNA
0.133
-15.12%
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