The Terra Luna Classic $LUNC market is currently showing a period of consolidation with a slightly bearish tilt in the short-term 📉. According to the 30-minute chart from Binance, LUNC is trading around $0.00003888, reflecting a 24-hour decline of approximately 2.31% 📉. While the price has dipped below its immediate moving averages (MA7 and MA25), the high 24-hour trading volume of over 285 billion LUNC suggests that market interest remains incredibly high despite the local correction 📊.
Today's major update involves Binance's support for the upcoming Terra Classic network upgrade scheduled for December 18 🛠️. To ensure a smooth transition, deposits and withdrawals will be temporarily suspended, though trading remains fully operational 🔄. Currently, LUNC maintains a global market capitalization of approximately $220 million, ranking it around #100 among all cryptocurrencies 💎. Investors are keeping a close eye on the $0.00003855 support level; staying above this could spark a recovery as the community prepares for the next technical milestone 📈.
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