Terra Classic (LUNCUSD) Price Forecast: November 29
LUNCUSD price is strongly bullish and remains highly positive today as the crypto is facing high pressure from the bulls. Conversely, if the coin prices sustain above the level of $0.0001285, the bulls’ trend would continue upward and possibly hit the $0.0001300 upper high level.
Key Levels:
Resistance Levels: $0.0001000, $0.0001100, $0.0001200
Support Levels: $0.0000900, $0.0000800, $0.0000700
LUNC (USD) Long-term Trend: Bullish (Daily Chart)
The LUNCUSD pair is strongly bullish in its long-term view. The coin price is trading at the upper resistance level with huge volumes from the bulls. Thus, the recent market structure has favored the bulls. 
The bulls have sustained the crypto market at the $0.0001000 supply value during yesterday’s session which has made it possible for the coin to stay above the trend line and remain stronger at the moment.
The market price of Terra Classic rises from $0.0001000 to the $0.0001285 upper resistance level above the moving averages as the daily chart opens today; this suggests that the bulls have the market at their disposal. It is advisable for the traders to seize the opportunity now and buy the coin as the journey up north continues.
Meanwhile, a bullish breakout from the current resistance will trigger the recovery pattern to remain and maintain a strongly bullish pattern which would encourage more buyers to invest in the crypto.
In addition, the daily stochastic indicates an upward trend, this means that the buy investors may likely continue with the bull run and the target might be the $0.0001300 upper resistance level soon as the coin remains strongly bullish in its long-term outlook.
LUNC (USD) Medium-term Trend: Bullish (4H Chart)
On the 4-hour chart, prices of LUNCUSD also remain strongly bullish above the moving averages and have confirmed a bullish momentum breaking the previous high. The pair is in a smooth uptrend as can be seen from the chart below.
The bulls’ pressure on the currency pair in the past few hours has made it possible for the price to remain strongly bullish in its recent high.
Terra Classic is losing bearish momentum as it rises to a $0.0001285 upper high level above the moving averages as the 4-hour chart begins today. This is due to a high bullish impact on the market price.
Now, if the price on the 4-hour chart closes above the current price, then there is a high probability of the price going up to the $0.0001300 upper resistance level.
Notably, LUNCUSD is showing more upside possibility as shown by the momentum indicator pointing up. We can certainly expect more gains and strength from the coin. The pair may likely reach the $0.0001300 upper resistance level sooner as it remains strongly bullish in its medium-term time frame.
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