This video is a masterclass in selling "hopium" by applying technical analysis to a fundamentally broken asset. Bury’s long-term price targets are more speculative fiction than credible market forecasting.
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Terra Classic LUNC Crypto Price Prediction & News | URGENT LUNC Chart!!Added:
What's up guys? Welcome back to the channel. Hopefully, going to give you some good news around Terra Classic Luna Classic today. Thanks for tuning in to this video. We can see we're up 2% on that 24-hour period.
Uh you know, LUNC is actually still demonstrating a really solid monthly performance right here. Can we still go higher? What's in store for the remaining existence for Luna Classic?
It's everyone's mystery. However, community is everything. Um so, yeah. I want to talk about LUNC today, dive into the charts. I'm also going to show you at the end of the video my personal prediction for the top five giants effectively in the space. You know, we're talking about BNB, Bitcoin, XRP, and where they could potentially go in 2030. So, do stick around. Um before we get started, have you grabbed your slice of Bitcoin pizza Bitcoin Pizza Day giveaway? Um you can see there's an exclusive lucky draw here over with the Bitci Next platform. So, if you're looking for a new no KYC globally accessible exchange where you can spot trade, hoddle, do anything that you want to do, this is a good place to get started. New comers bonus, it says here on the screen. It's worth checking out.
I do love this platform, and they honestly treat you like a king. The link is right down below for you lovely people. Now, let's crack on with our a bit of a you know, analysis on what's going on with the charts here. So, we can see we are drawing back a little bit. We did get the breakout of this falling wedge, which is, by the way, a really nice um turnaround. We got the little bounce up from the point 73 pocket. We blipped up to 83, but we are producing this red daily candle, which we do not want to close red. Um so, on the 4-hour time frame, we do have three um consecutive red candles at the moment making their formation.
But, overall, it's not looking terrible.
Now, obviously, we're forming quite a an artificial-looking horizontal resistance. And mostly, this is around the 83 region. This is quite a debilitating area where we're seeing a ton of rejection. We're getting rejected time and time again at that particular level. So, it's not happening just once, it's 1 2 3 4 times getting rejected at the 83 region. Usually, the more times you retest a level of resistance, the more likely you are to break out from it. But, we can actually see we have this diagonal support region as well, which is quite interesting to see. So, we're seeing the resistance, but then we're actually seeing bigger swings to the downside. And so far, we have not printed that next downside swing, which would be around 7.6 if it was to happen.
Now, of course, a lot of this is tied to Bitcoin and the performance of Bitcoin and what Bitcoin will be doing.
So, obviously, right now we can see Bitcoin is sitting at 77.2K.
If Bitcoin goes down, I would probably assume that Luna Classic will also take a bit of a nose dive, um, you know, in conjunction with Bitcoin's negative performance, because there is still that heavy correlation between the So, what we could expect on the bullish case scenario is that, of course, we get our retest of the.83. That would be everyone's favorite thing right now.
That would be a really cool thing if that could happen.
Um, but we're not super overbought. We're pretty neutral in this relative strength index, as we can see overall. Uh, we've got a few EMAs that we're sort of retesting, retargeting. We're just bouncing off right now off one of our EMAs at the bottom here. So, yeah, it's a bit of consolidation. Luna Classic is actually finding some solid consolidation around this.8 region, which is pretty good to see this consolidation around these particular levels as well. So, it's definitely something to be feeling good about, because it's reflecting strength for the the ecosystem as a whole. If we look at our trend wave indicator and we go to our 4-hour time frame, we've not had any imminent signals on what to do, but it did tell us to go short at the top at 10. We did close for profits at 84. So, that's really, really good to see as well. If you're interested in the Trend Wave trading indicator to help automate things for you, to give you these signals when to go long, when to go short in the market, you can have a little look at the what group down below. Check out the group. It's listed literally down below, and you can have a look at the premium options there if you want to get VIP access as well as tools, insights, on-chain data, and trading indicators. All there for you guys.
It'll help you grow hopefully in the next upcoming bull run, but more importantly, it will help you build during this bear market environment that we are currently sitting in right now.
So, I think overall, it's still on the macro basis a lower high. We still haven't done anything special in terms of connecting these dots. It's still a lower high, but it is something interesting, and it is good to see Luna Classic bounce out the hole, especially from the travesty we had in October 2025. Luna Classic is actually up 242%.
Of course, when you zoom back out and you see all the deleterious effects of what happened before in the past, it's still down massively on its market capital, but if we get more burning, more burning equals less supply equals, you know, decent things for the price, right? So, we're going to see an uprising in the price even if the market capital stays the same if we get more burning. Right now, we can see on this monthly chart we're at 448 billion that have been burnt. Obviously, that's barely anything when we're factoring in the overall supply.
But, if we look at the top 100 Luna Classic burners here, we can see obviously Terraform Labs right here at the top, Binance as well, Bitkub.
There's a bunch of different protocols, exchanges, partners burning away, churning away at that supply, helping out, you know, overall. But, it could still take many years to get enough supply burnt to really make a big impact on that price. That's one other thing.
It's not just going to be like 50% supply has just vanished in a week. It's going to take a long, long time. Now, personally, I think $445 million market cap isn't that bad. Um and I think we can see in the next bull run like 3 to 5 billion dollars market capital. That's my opinion only. I'm not saying for sure it's going to happen, but that's my opinion. So, if you are someone that's holding Luna Classic, you know, hopefully we're going to see something pretty bullish in the future. You can also find Luna Classic, by the way, on Bitfinex, as you can see. Here is the spot pair. You can see it's up 1.5% today.
And yeah, happy days. It's it's trading nicely. It's trading as it should be on the Bitfinex platform, as you can see, and it looks absolutely sweet. Like the terminal, love the user interface, think it's a really cool one. You know where the link is, ladies and gents. Just have a little look yourself.
Next up, 23rd of May, 2026, Terra Classic's max supply 6.459 trillion.
Tokens burned previous day, 73 million.
So, you can just see how long it's going to take. If we get 73 million a day, that's 730 million in 10 days. That's 7.3 billion in 100 days. That's only 20 billion per year.
That's nothing when you're talking of trillions. So, it's a tiny, tiny percentage. You can see it's just 0.0011%.
So, that's how the time scale is really affected, and that's how important it is.
Um so, yeah, for Luna Classic, we need community, we need great news, we need a bull market. We need Bitcoin to go up, but we also need the burning in conjunction with this. So, yeah.
Luna Classic still looking pretty interesting at the moment. Please do subscribe, like, comment, and now we're going to talk about Bitcoin, my 2030 price predictions for each of these. So, very quickly, Bitcoin, obviously, market cap's getting pretty big now. ROI's diminishing.
However, I still think it's an absolute top contender, obviously, number one, and hopefully it will stay there forever. But I think Bitcoin has a good shot at hitting between 180,000 and 240,000 dollars in the next bull run. Obviously, you've got your own opinions, too.
Comment yours down below where you think Bitcoin will go.
BNB, another one that's severely underrated, actually. It at one point 173 billion dollars market cap. It went to about 1.25K. I seriously think BNB has huge potential and I think next bull run, we're looking at between I want to say 2K and 3K. So, we're looking at three to five X potential.
Solana, 86 dollars, guys.
Market capital 50 billion. We hit tops of 120 odd billion, 130 billion. I think Solana when the meme momentum come back, when the altcoin momentum comes back, we should see Solana hopefully hit somewhere between 150 to 250 billion dollars market cap. That's a three to five X right there, which should put the price over 400 dollars if we do see this happen.
And now for XRP, everyone's favorite.
>> [laughter] >> 84 billion dollars market cap right now.
200 billion was hit in the bull run.
It's down massively. There's a lot of eyes on XRP. We're not going to see this just dump crazily. I mean, it's done it before in the past and it's proved everyone wrong. It's come back stronger.
And right now, I think honestly, 200 billion to 500 billion dollars market capital is a possibility.
Last up, we have Ethereum. 2,100 dollars right now.
And yeah, holding seriously stable in the 24 hours. You can see on the annual chart or the all-time chart, it's gone from 554 billion to 256 billion. I personally think, yes, we're struggling on the market capital tops. So, it's hard to give you a euphoric number. I can't say 1 trillion dollars market capital because it's simply underperformed.
However, I think next bull run target should still be previous tops, 455 billion. Just give it a chance, 750 billion. So, somewhere between two and three X overall. So, yeah, guys.
Cool insights there. I hope it was helpful.
Um, please join the Discord channel. Get yourself below. Come hang out with us guys in this crypto winter.
Um, you know, the community is indeed having a good time. We're sharing our insights. And, you know, that's the community there, Jacob's Crypto Clan Discord. If you're new here, subscribe, like, comment.
I hate asking, but I've got to do it because every one of you that clicks that button seriously, seriously helps.
We'll see you soon. Have a great day.
Bye for now.
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