Terra Classic (LUNC) Price Prediction for May 30
The post Terra Classic (LUNC) Price Prediction for May 30 appeared on BitcoinEthereumNews.com.
The Terra Classic (LUNC) price today trades near $0.0000628 after bouncing modestly from an intraday low of $0.0000624. While the broader market remains uncertain, Terra Classic (LUNC) price action is gradually coiling into a critical apex on the 4-hour and daily timeframes, hinting at an imminent breakout or breakdown. What’s Happening With Terra Classic Price? Recent trading activity shows Terra Classic (LUNC) price attempting to stabilize above the $0.00006200–$0.00006250 support band, which has been acting as a key short-term demand zone since May 26. The price is currently compressed within a symmetrical triangle pattern, with lower highs meeting higher lows, creating a volatility squeeze just under $0.00006350 resistance. From a structural standpoint, the bulls continue to defend the rising trendline from the May 26 low, which intersects with horizontal demand in the $0.00006150 region. The bears, however, have been quick to sell rallies into the $0.00006380–$0.00006570 supply zone, keeping price locked within a narrow consolidation channel. RSI, MACD Suggest Momentum Is Still Indecisive The 30-minute RSI hovers around 49.79, suggesting neutral momentum as the market awaits directional confirmation. On the 4-hour chart, RSI readings have flattened near the 50 midpoint, showing neither overbought nor oversold conditions. MACD histogram bars have cooled off after an earlier bullish crossover, but the lines remain tightly intertwined around the zero axis. This indicates that Terra Classic (LUNC) price volatility is compressing, and a stronger directional move may be forthcoming once the triangle structure resolves. Ichimoku Cloud and Bollinger Bands Support Base Formation On the 30-minute Ichimoku setup, price is hovering around the flat Kijun-Sen and inside the narrowing cloud, indicating balance between bulls and bears. A breakout above $0.00006350 would clear the cloud top and could drive bullish continuation. Bollinger Bands on the 4-hour chart are tightening after a recent expansion, with the price…
