The market holds its ground, selling pressure is weakening, and liquidity is being pulled towards the buyer. If the momentum consolidates above the range of 2.05–2.10, the road upward is open. Target for movement: 2.40 → 2.85.
XRP looks ready to show its character. The long scenario is alive.
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LUNC/USDT 24-hour News Highlights: The Community Revival Behind the Surge On the ever-changing day of December 6 in the cryptocurrency market, Terra Luna Classic (LUNC/USDT) has undoubtedly become the focal point. In the past 24 hours, the price of LUNC soared over 70%, skyrocketing from a low of $0.000043 to a high of $0.000073, with trading volume surging by 746% to as high as $822 million. This "Phoenix Rebirth" rebound has brought the market capitalization back to $397 million, placing it among the top mainstream cryptocurrencies, significantly outperforming the overall global market decline of 1.3%. The core driving force behind this frenzy is the community's upgraded "burning action." In the past week, over 849 million LUNC tokens have been burned, with a total burn amount reaching 42.679 billion tokens, accounting for 8% of the total supply. Giants like Binance have made significant contributions, burning 172 million tokens in a single day yesterday, further compressing the circulating supply and spurring a surge in demand. Meanwhile, staking activities have surged, with holders locking in more LUNC to support network stability, and the RSI indicator rising to 59, indicating strong upward momentum. External catalysts cannot be ignored: founder Do Kwon will face sentencing hearings on December 11, having previously admitted to multiple fraud charges, which the market views as a signal of "dust settling," releasing potential positive news. Binance has confirmed it will support the network upgrade on December 8, enhancing security and compatibility, with trading temporarily unaffected. From a technical perspective, LUNC has broken out of a descending wedge, with support holding steady at $0.000033 and the next resistance at $0.000048. If the bull market continues, the psychological barrier of $0.000125 is within reach. However, caution is warranted regarding the risk of "pump and dump"; traders should pay attention to signs of declining trading volume. LUNC's comeback not only reignites the vitality of the Terra Classic ecosystem but also reflects the resilience of retail investors in a bear market. In the future, continuous burning and development iterations may help it return to its peak. Do you believe in this wave of "Classic Revival"? $1000LUNC {future}(1000LUNCUSDT) $LUNC {spot}(LUNCUSDT) #lunc
I just wanted to take a moment to say thank you. A simple, sweet thank you, coming from the deepest part of me.
Your kind words, your hearts, your roses, your I love yous, etc. … They have touched me where it really counts. I keep them precious as little treasures.
You have become one of the sweetest joys of this year (painful). I hold all of you in a corner of my woman's heart. 🙏💖🌹
Thank you for being there. Thank you for letting me be Patricia, simply.
I send you a big hug with all my gratitude and tenderness. 💖🙏
Market trends are unpredictable; in the end, it's all just guessing! No matter what conclusions are drawn, the essence remains unchanged ❤️ this is reality!