Terra Luna Classic $0.01 PUMP or GOING TO 0!? LUNC Coin Price Prediction Technical Analysis 2026

Added: 2026-05-17

[00:00:00]Taking a look at Luna Classic, we can see that Luna Classic has officially broken out of the downtrend.

[00:00:09]However, we are currently back testing it as support, which means as long as Luna Classic remains outside of the downtrend, we can speculate that the price will move higher.

[00:00:21]If we do take a fib from the low up to the high, we can see that we're sitting above the 236 at around 87, and we have our 382 at around 71.

[00:00:33]This does suggest that as long as the price of Luna Classic remains above both support levels, that we could actually look for a move higher.

[00:00:42]At any time, Luna Classic falling below 71 would actually confirm a top and a much larger move down to these lower levels.

[00:00:51]Now, this is heavily contingent on the price of Bitcoin turning bearish, which means as long as Bitcoin remains bullish and Luna Classic remains above 87 and 71, we could look for higher prices.

[00:01:05]At that point, we do zoom out, and we can take a fib from the old time high down to the low, and we can see that we're currently getting stuck at the 0.5 retracement, which means once we break over 12 1, which is your 0.5, we should see a larger rallies around 18 and potentially even 29. Now, these higher prices are only possible, again, as long as we remain above 87 and 71, as at any time breaking below 71 would invalidate these higher prices and confirm a macro top, which is a lower high, which does suggest that a break to the downside is the most likely outcome, indicating that Luna Classic must maintain the price of 87 or higher to remain bullish, and a break over 12 will confirm that a new high is coming at around 17 and potentially 30 for Luna Classic in my opinion.