WARNING: This Historic Terra Luna Classic Signal Just Flashed! (LUNC)

Added: 2026-05-05

[00:00:00]In this video, we're going to talk about Luna, some of its recent price action, the important support and resistance areas, and where we can expect the price of Luna to go in the next few days and weeks. So, we'll look at the weekly chart, and what we can see right here is that Luna very recently, in the last few weeks, has gotten a very significant rally off of this trend line that it has been holding for many months now. In the long term, Luna has been in a very clear downtrend for a few years now, but recently, since late 2025, Luna has actually been recovering quite well and has been one of the best performers across the entire crypto market during that period, despite most of the crypto market going down very significantly following Bitcoin dumping over 50% from its all-time high. Luna has actually been doing quite well. After its rally in recent weeks, Luna has reached this crucial resistance area that it has struggled with a lot in the past. This area that I'm showing you here on the chart right now has behaved as both support and resistance many times on the Luna chart in the past. We can see that it has behaved as support in 2023, in 2024. Then, Luna consolidated around this area for a very big part of 2025, and then more recently, in the summer of 2025, it behaved as resistance. And now, it is looking like Luna is struggling with this area again. As you can see, the rally has slowed down, perhaps even stopped very recently, just in the last few days, at this area again. So, Luna is testing it as resistance again and seeing if it can break above it. So, this is a pretty crucial decision point for Luna. If it does actually manage to cross above it, then the next resistance area is quite a lot above it. The next significant one would be this one. This would already be a rally of about 50% from where Luna is at right now. And then, the next one after that would be this trend line, and this would be a rally of about 80% even. So, the potential for a rally, if Luna does manage to cross this resistance area, is very significant. But then, of course, there's also the risk that Luna does not break above it and actually get rejected off of it. And if that does happen, then it seems pretty likely that Luna will actually get all the way back down to the trend line, and this would actually be a dump of over 30%. So, the position of Luna right now is a very crucial decision point. In my opinion, purely looking at the structure on the chart right here, the chances of Luna breaking above this resistance area actually seem pretty decent. It doesn't have to happen this time immediately. It could first go back down to the trend line and then try to break above it again. This is also a possibility. But I think that the chances of Luna breaking above this resistance area sometime relatively soon are actually not too bad because it has been in a local uptrend for a while now, and Luna is actually looking pretty strong. But also, a counterpoint I have to that is that, in general, my opinion is that most altcoins will not do so well. With most of the crypto market doing pretty poorly in the last few months, the altcoin market has been performing very poorly. And also, for an altcoin season to really happen and be significant and sustainable, we would first needed to see Bitcoin and Ethereum doing a lot better and getting at the very least close to their all-time highs. And usually, they would even need to cross into new all-time highs. Right now, both Bitcoin and Ethereum are very far away from that. So, in general, I'm not too optimistic about most altcoins.

[00:03:25]But we do need to take into account that the correlation between Luna and the Bitcoin and most of the crypto market really has been very weak in recent months. As I mentioned before, most of the crypto market has been performing very poorly recently, and despite that, Luna has actually been doing very well.

[00:03:40]So, it is definitely possible for Luna to continue performing well despite Bitcoin and the rest of the crypto market not doing so well. There is still clearly some correlation to Bitcoin.

[00:03:51]Bitcoin has gotten a very significant rally in the last few weeks, and we've seen Luna do so as well. But still, we can clearly see that Luna is doing a lot better than Bitcoin and most of the crypto market in recent months, since about October. So, really, I can't say that I'm too convinced about Luna going one way or the other. There are a few arguments for both ways, and I would personally just wait and see what Luna does and look at the crucial areas. In my opinion, if Luna manages to cross both this area of 0.00007, I'm not sure how many zeros there are, but you get the point. I would look at this area where Luna consolidated back in 2025. If it breaks down below this area, then that would likely mean that Luna is heading all the way back down to the trend line. And if it manages to cross above this area, and when I say cross, by the way, I mean close a weekly candle above or below it. So, if it closes a weekly candle above this area, then that would likely mean that Luna will continue its rally, probably at least to this next resistance area, and even quite likely all the way up to the trend line. So, these are the levels I would look at. In my opinion, with how poorly most altcoins are looking right now, Luna is actually not looking too bad. It's one of the better altcoin charts that I've seen. Of course, none of what I'm saying in this video is financial advice. As I've said many times before, I would personally avoid being heavy into altcoins in general, at least for now, as long as Bitcoin and most of the crypto market is not doing so well. I would first want to see Bitcoin performing a lot better, followed by Ethereum, before I would even consider being heavy into altcoins.

[00:05:26]But with Luna specifically, as I said, it's really not looking too bad, and it's probably one of the better altcoins in the market right now in terms of price structure. So, yeah, that's going to be it for this video. If you enjoyed it and you want more updates about Luna, as well as other altcoins, make sure to subscribe. Thank you for watching, and I will see you in the next one.