Terra Classic Price Faces a 15% Decline Amid Broad Market Correction

Terra Classic Price: The Terra Classic (LUNC) recovery trend fails as the recent reversal from the dynamic resistance of the 20-day EMA aligns with the broader market sell-off. However, with the LUNC price sustaining above the 200-day EMA and the ascending support trendline, the altcoin projects a potential bounce back in the near future.

With this possibility of a bullish reversal, will the LUNC prices surpass the $0.00020 mark with the Bitcoin Halving around the corner? 

Also Read: Terra Classic Price Forecast: Will dApp Integration Fuel LUNC Breakthrough to New Highs?

Will LUNC Price Sustain Above $0.0001?

With the bearish phase in motion, the negative cycle in the Terra Classic price trend grows intense and tests the 200-day EMA. The downfall undermines the recent bounce back from the said dynamic support last month. 

The recent negative turnaround accounts for a deterioration of 20% in the LUNC token’s market value. Further, the recent crash aligns with the overall market fall and the supply inflow at the 20-day EMA.

However, the sell-off wave lacks trading volume support as it stays under the 20-day average line. Currently, the LUNC price trades at $0.000013785, which leads to a Doji formation at the 200-day EMA, teasing a morning star. 

Further, in the bigger picture, the altcoin shows a triangle pattern formation and currently rests at the baseline. Optimistically, the trend awaits a bullish reversal within the pattern. Hence, the uptrend could reach the $0.000020 psychological mark shortly. 

On the flip side, the breakdown of the 200-day EMA will test the baseline at $0.0001.

Related: Ark Invest’s Cathie Wood Labels Bitcoin (BTC) A “Flight To Safety” Asset

Technical Indicator

• Relative Strength Index: Despite the recent crash, the RSI line shows a bullish divergence in the last two dips, bolstering the reversal possibility. 
• Exponential Moving Average: The 20- and 50-day EMA nearing a bearish crossover could intensify the bearish momentum in the LUNC price.

✓ Share:

• Trending
• Price Analysis

• Bitcoin Treasuries Add Nearly $1B BTC This Week as Holdings Cross 1M BTC
• Peter Schiff Criticizes Bitcoin’s Performance Following Gold’s Rally To New ATH
• Arkham Uncovers $5 Billion in Untouched Bitcoin From Germany’s Movie2K Seizure
• Ethereum Spot ETFs Record $447 Million in Outflows Amid Crypto Market Decline
• World Liberty Financial Discloses Reason for Blacklisting 272 Wallets

• HBAR Price Forecast: Analyst Targets 123% Rally as ETF Approval Odds Hit 90%
• Solana Price Prediction: Will Solana Hit $320 as SOL Strategies Gains Nasdaq Approval?
• XRP Price Forecast: Analyst Eyes $127 as BlackRock Joins Ripple Swell 2025
• Chainlink Price Eyes $55 as Reserve Holdings Jump With 43,937 LINK Addition
• Cardano Price Targets 30% Surge as Top Economist Calls for Fed Cut

Best Crypto Presales To Invest In September 2025 – Top Upcoming Presale Tokens

Best Crypto AI Trading Bots In 2025

Top Meme Coins To Buy In September 2025

Sahil Mahadik

Sahil is a dedicated full-time trader with over three years of experience in the financial markets. Armed with a strong grasp of technical analysis, he keeps a vigilant eye on the daily price movements of top assets and indices. Drawn by his fascination with financial instruments, Sahil enthusiastically embraced the emerging realm of cryptocurrency, where he continues to explore opportunities driven by his passion for trading

Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.

Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.