Cryptomonk
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Over the past two weeks, Terra tokens have exhibited a neutral trend, signaling a lack of investor interest. Notably, the LUNC price has seen a 9% decrease, breaking a crucial support level.
Initially trading in a narrow range between $0.0001561 and $0.0001683 for about a week, the market lost momentum, leading to a correction of over 13% in LUNC's valuation.
Following this correction, the price entered a neutral trend, fluctuating between $0.0001327 and $0.0001457. Increased market volatility resulted in significant chart fluctuations. After testing the $0.0001177 support level, the bulls recovered, pushing the price up by over 23%, but faced rejection at $0.0001457.
Since then, LUNC has been consistently trading within the range of $0.0001177 and $0.0001327, reflecting weak price action. A recent breakdown suggests a rise in bearish sentiment in the crypto space.
Initially trading in a narrow range between $0.0001561 and $0.0001683 for about a week, the market lost momentum, leading to a correction of over 13% in LUNC's valuation.
Following this correction, the price entered a neutral trend, fluctuating between $0.0001327 and $0.0001457. Increased market volatility resulted in significant chart fluctuations. After testing the $0.0001177 support level, the bulls recovered, pushing the price up by over 23%, but faced rejection at $0.0001457.
Since then, LUNC has been consistently trading within the range of $0.0001177 and $0.0001327, reflecting weak price action. A recent breakdown suggests a rise in bearish sentiment in the crypto space.
