HUGE LUNC Crypto Price Prediction | TERRA CLASSIC LUNC News Today

Added: 2026-05-06

[00:00:00]Luna Classic ladies and gents, look at the price action right here. We went up to 0.00012.

[00:00:07]In fact, we're holding $600 market cap to right now. We even had a a blip up to $670 million. What happens next? What could happen next?

[00:00:18]Tune into this video, like and subscribe whilst you're here, and um let's talk about the market. Crypto bubbles today on the day. Whoa! Whoa! Whoa! Whoa! Slow down, please. I'm not ready for a bull run yet. This is This is crazy. You can see a lot of familiar faces here pumping on the day.

[00:00:35]Zcash, Dash, privacy coins, you know, Toncoin, Filecoin, and other crazy things are moving. Now, on the 7-day parameter here, we can see Luna Classic is the fifth quickest or largest grower on that 7-day period. Obviously, it went actually higher, but then has pulled back a little bit. But in general, Luna Classic is doing things, and a lot of people have heavy speculation over more burns happening, and with an increased level of burns occurring. But you got to remember, guys, as well, there's a significant amount of supply. In fact, more than I ever remember there being.

[00:01:11]6.45 trillion on the supply. I don't even know if that is like correct. I'm going to have to refresh this just to make sure, cuz I swear that number's gone up in my head. Otherwise, I'm just going absolutely dilulu. Either way, last 7 days, 2.2 billion have been burned there, and you can see obviously the top burner uh projects. You've got Terraform Labs itself, Binance, BitHub, uh you know, DFLUNC protocol. So, there's a lot of different things burning up the the supply, right?

[00:01:41]Now, here we can see the total supply 6.46 trillion, circulating supply 5.53 trillion. That's the number I was thinking of in my head, which that's a lot, by the way, ladies and gents. I mean, just think about it. 21 million Bitcoins, 5.53 trillion Luna Classics.

[00:01:58]So, yeah, to really get this thing up to like a a substantial price level, for example, the dollar level, um it's going to take incredible work. You know, you're going to need to not be in the trillions anymore in the supply. The market cap's going to need to be in the billions again, and it is just a heavy speculation. Of course, it's interesting to see this thing have gone from something, you know, crazy to nothing, and it's building itself back up. But how much substance is there really? So, looking at the price action over here, ladies and gents, whoa! Whoa! Whoa!

[00:02:29]Whoa!

[00:02:30]Um you can see obviously we covered this yesterday and we're talking about the potential move to the upside, and we literally hit our target of the 2.618 golden Fibonacci pocket. So, incredible to see this, by the way. Traders in the group, please do join the Discord.

[00:02:45]People are making incredible wins on a daily basis. The link is below in the Discord. Come and find yourself, make yourself familiar, get yourself chatting inside the Discord. Uh so, it's completely free to join as well, I must say, and hopefully see some new faces and new talkers and guys that just want to hang out, basically. Basically, now we see a very interesting pattern, which is also familiar. It's a bit of a falling wedge pattern. It can be a bullish reversal pattern sometimes. So, we need to see how we actually hold this particular floor out, because it's kind of repeating each time. You know, we've built this new level of support, which is right here this time.

[00:03:22]Last time we had that level of support, then we've got this overall larger layer of support.

[00:03:27]And the way we're moving is kind of like impulse correction, impulse correction.

[00:03:31]And by that, I mean, if I can find my little lines, wherever they've gone.

[00:03:37]Seems like they've actually vanished.

[00:03:39]Here we are.

[00:03:40]Uh so, let me just pull these up.

[00:03:43]So, we get the impulse, we correct, we impulse again, we correct, we impulse again, we correct. So, you could probably see that quite clearly um if I can maybe choose a color that's actually a bit more seeable.

[00:03:55]There, that's what we're doing. We're We're impulsing and correcting at the moment, and it's happened a few times.

[00:04:01]We've had impulse wave one here.

[00:04:04]We've got impulse wave two, which is over here.

[00:04:09]And then obviously we've got another impulse wave at the very top, which has already happened. So, what happens from here, ladies and gents? That's the big question.

[00:04:20]What happens from here? Do we get that third impulse wave into fourth impulse wave?

[00:04:25]Now, that would be big if we actually saw that. That would be big in itself.

[00:04:30]But it's hard to say if we will see a fourth breakout from this particular movement, which would take us up again to the next level. Would be a bullish breakout, a bullish confirmation for Luna Classic. And on the bullish case scenario, it would actually take you up to the 1.6 to the 2.618 Fibonacci region, which, based off of things that have been happening already, would It would be big. It'd be like a 25% move to the upside. Do we have that ammunition right now? Do we have that momentum right now? Does the market want that to happen right now? It's very hard to say. So, we move into some of these different parameters and time frames, uh we can really see that we're really bouncing off some of these EMAs, which isn't a terrible thing. Um each time, Luna Classic is retesting some of these smaller EMAs, as we can see.

[00:05:19]Um but yeah, it's it's not looking too bad.

[00:05:23]The rally has been ongoing for two to three weeks right now. It could still have substance. It could still keep on going on. You know, let's let's not draw that out and uh you know, pretend that it might not happen. So, it is something interesting. 20-day moving average, we're very overextended on that daily time frame. If we go to the 4-hour time frame, and we're also pretty overextended, more than I'm comfortable with. I do think we are due a pullback at some point. You know, if you're going to talk about bearish potential here, what if we were to form like some sort of head and shoulders um case scenario, come back down, have another rally, and and create this kind of round off, and then we actually drop.

[00:06:01]So, it's not all just up. Eventually, there will be some sort of downside, I I would imagine with Luna Classic right now. Um just comparing to what's happened already in the past. Now, we're very overbought on the relative strength index. It's super squeezed up in these top thresholds, which isn't usually something we see often. Usually, we see a blip into the daily relative strength index overbought region, and come back down. But this time, it's seriously holding itself in this portion. It's been there for a while, and it's still increased, to be fair. We're not even seeing a bearish divergence at the moment, which is also something insane.

[00:06:37]Um guys, check out Weeks down below if you are doing any trading, buying of, you know, blockchain, or whatever you want to do. I would say definitely a good time to be looking, because we have $40 of ETH, where if you sign up, get involved with Weeks, you're going to basically get some freebies right there. So, it's worth having a look at. If you're someone that's already in the space, or you're a new user in this particular space, do you have a little look down below. So, um yeah, quick news before we do spin this video off. I also want to talk about the total market cap of crypto, which is interesting. So, Terra Luna Classic rises 100% in weeks amid Binance burns and key votes. So, basically, momentum signal April 11th.

[00:07:19]So, yeah, we've been pumping for a while.

[00:07:22]Says here, Luna Classic's rally from 1-day spike to sustained momentum. On the daily charts, Zach highlights a momentum buy signal that appeared on April 11th. From that point, Luna Classic is roughly up 100% in 22 days.

[00:07:36]So, basically, a lot of this is because of burns, but also because of the market momentum shifting into a more short-term bullish uptrend. Burns, community hype, community sentiment, you put that all together, and you start see what looks like a bull rally, and something that looks like it could hold sustenance. Now, I'm not saying that this will be forever, because we could just be simply having a second bounce in the market. We could be having a a bit of a bull trap. The second kind of bull trap in the market. I still think we're going to get a rejection at some point and pull back down over the next 180 days.

[00:08:15]There's something about where we are now, between May and basically leading up to November of this year, where I think crypto is still going to pull back, still going to come lower, still going to drop. There's something in my mind that tells me that could be the case.

[00:08:29]Now, I'm not but you know, this is what I'm thinking about right now. Anyways, guys, please uh get yourself into the Discord channel. Come hang out with us.

[00:08:38]And you know, you can see a lot of guys in this group are making some very successful progress. You can see a lot of good wins here. Um it's worth checking out. It's worth seeing what the people are doing.

[00:08:50]Sharing our ideas, sharing our analysis, sharing our insights, sharing our news, sharing our alphas, and uh good things like this. See you soon.