Are you keeping an eye on Terra LUNA Classic after its latest price explosion and wondering what happens next for LUNC? The LUNC price has recently broken out of its consolidation zone, and there was hope for a bullish continuation. Unfortunately, we stalled near the $0.00007200 resistance, where sellers stepped in and momentum waned. With indicators cooling off and price drifting above support, the market is showing signs of indecision. If you are waiting for direction before entering a position or want to get ahead of the trend, let us look at the technical picture developing in LUNA Classic today.
LUNC Price Analysis of May 10, 2025
LUNC opened yesterday in a sideways structure, trading just above the $0.00006380 support level after midnight. The MACD indicator formed a golden cross around 02:40 UTC, hinting at potential strength. By 03:30 UTC, RSI pushed above the neutral zone. LUNC began moving slowly upward within a narrow ascending channel. From 04:00 to 08:00 UTC, the price gained steadily. A brief RSI overbought reading around 07:25 UTC showed signs of pressure, but bulls continued to hold momentum. By 08:40 UTC, a clean breakout from the consolidation range occurred as LUNC surged past $0.00006800, backed by a strong bullish candlestick.
Chart 1–LUNC/USDT M5 Chart, Analyzed by Anushri Varshney, Published on TradingView, May 10, 2025
The move accelerated from 09:00 to 10:00 UTC, with the price hitting the daily high near $0.00007200. By 11:30 UTC, a death cross appeared on MACD, confirming short-term exhaustion. From 12:00 to 18:00 UTC, LUNC traded within a tighter band between $0.00006900 and $0.00007100, signaling market indecision.
The price moved sideways, showing consolidation above the breakout zone. Another overbought RSI reading came in at 20:10 UTC, right before LUNC price faced rejection once more at $0.00007180. MACD formed a second death cross near 20:45 UTC, triggering a slow decline that lasted through the rest of the session. By 23:40 UTC, RSI dropped below 40, and the price settled back near $0.00006930, where it found temporary support. The $0.00006800 level is a key short-term support, while $0.00007200 continues as a firm resistance.
LUNC Price Stalls Below $0.00007200 After Breakout
The current LUNA Classic price demonstrates consolidation after a substantial LUNA Classic breakout past the $0.00006800 resistance area. Terra LUNA Classic experienced strong buying pressure throughout the session and made a short-lived price movement towards the highs near $0.00007200, but then got rejected. For LUNA Classic to continue the upside, the bulls must reclaim the $0.00007200 resistance. Until then, its atmosphere is range-bound, with support at $0.00006363.
Terra LUNA Classic Awaits Next Move After Breakout
Having recently seen a LUNC breakout above the $0.00006300 resistance, Terra LUNA Classic now finds itself at a pivotal level in technical considerations. Currently, the price sits just below the $0.00007200 resistance and is losing bullish momentum after a rally that has thus far been bullish. The RSI has not only lost the recent momentum trend higher, but it has also pulled back from having recently been overbought, and the MACD is starting to flatten, indicating that switching the trend higher may be a tougher task than it was just recently. While the bullish breakout is still intact, the current rolling sideways indicates the traders are looking for technical confirmation to continue up.
LUNC Price Analysis For May 15, 2025
The LUNC price analysis over the last 24 hours shows a clear shift in momentum as Terra LUNA Classic bulls lost grip after a weak LUNC breakout failed to hold. Price action started around $0.00007000 and entered a narrow trading range between $0.00006950 and $0.00007050, signaling early indecision during the trading session. As the day progressed into the mid-morning hours, LUNC broke below the range, starting a sharp slide that pushed the price under $0.00006850. This sell-off was accompanied by the first MACD death cross, and the RSI dipped toward the 30 level, signaling early signs of weakness.
By early trading hours, LUNC hovered near $0.00006750 with weak recovery attempts and fading volume confirming seller dominance. A brief recovery attempt followed, where LUNC managed to break out of the channel, marking a temporary LUNC breakout near $0.00006880. However, this move lacked volume and strength. As a result, the breakout failed, and the price was quickly pulled back into another phase of sideways price action, forming a second trading range between $0.00006820 and $0.00006920.
Chart 2- LUNC/USDT M5 Chart, Analysed By Anushri Varshney, Published on TradingView, May 15, 2025
During this consolidation phase, momentum flipped briefly, but bulls couldn’t hold the momentum. The price rejected the upper boundary of the range and began sliding again, entering a fresh downward channel just before midnight. This final price action of the decline saw multiple MACD death crosses and consistent RSI dips into the oversold zone, confirming strong bearish pressure. With the LUNC price now testing $0.00006480, eyes are on the $0.00006400 level as the next possible floor. Unless the LUNC token finds renewed volume, the trend remains in favor of sellers.
LUNC Price Drops Below $0.00006500 as Downtrend Deepens
Today’s LUNC price analysis reflects ongoing bearish pressure as Terra LUNA Classic struggles to find a floor inside a steep downward channel. After failing to hold above $0.00006680, the price slipped below key support at $0.00006500, reaching an intraday low near $0.00006480. The RSI remains weak at 29, suggesting the asset is oversold, while the MACD shows multiple death crosses, confirming momentum is still bearish. Any recovery attempt will face resistance at $0.00006680, while support lies near $0.00006400.
Terra LUNA Classic Outlook Weakens as Price Struggles to Reclaim Support
Looking ahead, the LUNC price shows no signs of recovery yet, as Terra LUNA remains locked inside a steep downward structure. The trend will stay firmly in bearish territory unless LUNC breaks above $0.00006850 with strength. The RSI hovering in oversold territory may offer a brief relief rally, but momentum remains weak, and MACD death crosses add to the bearish outlook. A confirmed LUNC breakout above $0.00006850 would be needed to flip sentiment and invite bullish participation again. Until then, traders should watch for further downtrend in the $0.00006400 support zone. If this level breaks, the Terra LUNA Classic token could slide even further. Traders should watch for rising volume and RSI climbing back above 40. If neither appears, the coin could test deeper support zones below $0.00006400.
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