🚀 LUNA CLASSIC LUNC WILL 10X! #lunaclassic #lunc #LUNCPRICEPREDICTION

Added: 2026-05-06

[00:00:03]What is up, ladies and gents? You know what time of day it is. It's Luna Classic time. In today's video, we're going to be talking all about Luna Classic. We're going to be discussing what we're seeing here on the charts, and I'll be giving you guys my price prediction for Luna over the coming days and weeks, as well as my targets for 2026. So, be sure to stay tuned for all of that. Of course, if you are a new viewer, then welcome to this channel. If you do like this sort of content, hit the like button and subscribe for more.

[00:00:29]If you are a returning viewer, welcome back to this channel. It's great to see you all. So, of course, we're diving straight into this video. We're on the one-hour chart right now. We're going to talk first about the shorter term. Of course, as you guys can see here on the screen, not much explanation is needed as to the direction of the price here on Luna. Things have been going pretty parabolic for us over the past few weeks. We are up about 3x.

[00:00:58]And probably the first question, or maybe the second you have, is what's caused the price to go up. Now, there's not that much information that you can find online about Luna Classic, but one of the most convincing things that I have found is that they've initiated a massive token burn. As you can see here from this article, they've burnt 923 mi- million tokens. Now, I've been um here with Luna since 2022, when they had that massive epic crash. And of course, when I first started this channel, uh the first coin I talked about was Luna Classic. And I remember the burns that they would do when the community took over this project. And of course, the burns were big, but this is a massive number from what I remember. And you can see that it was the largest single-day burn that they've had in quite a bit of time. So, of course, we see this massive reduction in supply.

[00:01:54]And of course, with that, we see that if the demand remains the same, supply goes down, the price, as a part of the equation, goes up. So, that's what's been happening over the past few weeks.

[00:02:05]Now, the second more And now, the second more argu- And now, the second, arguably the more important question is where do we think the price is going to be going over the coming days. Now, here on Luna Classic, what I have really been looking at is kind of the structure and resistance level. So, every time we see a parabolic pump like this, generally, we tend to see it stop when we hit a massive resistance level. Now, if we have a look in 2023, when we saw these two pumps here, and at the start of 2024, we saw quite an important resistance level here on Luna. This was quite an important one, because, as you guys can see, it was a general support for this price during the end of 2022, but it was also a resistance uh for this peak here in Luna Classic. So, we see the price has come down to this level, tested as a support or resistance a few times. And so, of course, when the prices did pump on this occasion, it did clear a few other resistances, like this one, for example, which is quite an important one. It cleared this resistance, but then, obviously, it stopped out at this next. And so, what we want to watch out for over the coming days is how Luna interacts with the up-and-coming resistance levels. As you can see right now on the screen, we are at quite an important resistance level. You can see that the prices have just started to clear it. It's not a clear pass just yet, but we can see the prices are edging above this green line, which is an important resistance for Luna Classic. So, our gut feeling immediately says that we could see this as a very short-term resistance. So, maybe over the next few hours, we see a repeat of something like this, for example, where we see the prices, you know, kind of stall a little bit, but as long as the trend continues to go up, the trend being something that looks a little bit like this, where we've got this bullish trend line that's been supporting the price, as long as we stay on this trajectory, then this pump should continue.

[00:03:56]Now, of course, if the pump does continue, the next realistic resistance that I have in mind here for Luna Classic is this previous peak that we had at the end of 2024, and that sits at about 0.

[00:04:08]00017.

[00:04:10]So, we've got about a 60% upside from where the prices currently are before we hit this next major resistance, in my opinion. Now, above that, you can see we've got a few resistances at 0.000207, and then 0.00026.

[00:04:28]So, basically, a 60% upsides to the next major resistance that could happen over the next coming days, in my opinion.

[00:04:35]Now, if we do get rejected at this current resistance, um and we do take a trip back down, I would be looking at this as our next major support. You can kind of see why, if we just have a look at Luna Classic's history. Again, plenty of times where this is been area where we've seen prices come to support. And this has been an area where the prices have come to test as a resistance and support. So, this is an area that I would be looking at if the prices were to head down, so something like this, for example, um where we could see some sort of consolidation and maybe prices continuing to go upwards. And so, essentially, if we do see the prices pull back, 0.000087 would be a strong support for me. If we see prices continue to go up, 0.00017.

[00:05:22]Now, let's have a quick look at our indicators. The two that I like to check are the most popular ones, the MACD. And the MACD for us on the one-day chart is looking strong. I do see a little bit of um I do see a little bit of a divergence here, though, on the one-hour chart.

[00:05:40]This is on the very short timeframe, so this could tell us that we could see a little bit of a reversal, um a short-term reversal, in the near future.

[00:05:47]When I say a reversal, that means we could see the prices dip a little bit like this, for example, before continuing to head back up. And why I say that is because, even though if I just get re- remove all of those drawings, even though we've seen the prices going up a little bit like this, we've seen the peaks on the MACD getting less and less and less. And so, essentially, this tells us that there is bearish divergence. Of course, that could mean that prices, like I say, over the coming hours and days, just kind of consolidate or head back down like this, for example, for a little bit. And then, obviously, if we see the MACD do something like this, where we go negative once again, it would reset the momentum, and that would be pretty bullish, in my opinion. So, that's just a flag that I've seen on the one-hour chart, but on the one-day chart, it looks very, very good. You can see the peak, for example, in 2022 was this amount. And with this pump that we've seen, the 3x pump here on Luna Classic, you can see that the momentum on the MACD has only got to this level. So, if we get close to the momentum that we saw back in 2022, we could technically see prices go a lot higher from here. So, MACD on the one-day chart is looking good. On the one-hour chart, it's technically looking good, but we're seeing signs where we could see some sort of reversal in the short term. Of course, on the RSI, we are in overbought territory, which means that if you want to play a contrarian view, then it would mean that we are um that we are due at least a correction in the shorter term. However, in general terms, however, if you look at it from a momentum perspective, this is very bullish indeed. On the one-hour chart, again, we are overbought, so again, good momentum, but it could mean that in the shorter term, we do see a little bit of a correction here on Luna Classic.

[00:07:36]And of course, if you're looking for a great place to buy Luna Classic, then don't forget to check out the MEXC exchange. This is the exchange that I use, because they have some of the lowest fees on the market, and they don't require KYC to have an account.

[00:07:50]So, of course, if that's something you want to do, then click in the link in the description down below. They'll give you $10 in USDT for just signing up. So, of course, you can use that $10 to buy and sell Luna Classic, or you can even use it to trade Luna Classic with up to 200 times leverage. Again, link for this exchange is in the description down below. Thank you, guys, so much. Let's get back into this video.

[00:08:18]So, of course, Luna Classic actually looking very, very good. In fact, in the shorter term, you can see prices are starting to head up. So, it might even invalidate what I said about the MACD divergence, as this next MACD peak is starting to head above this current level. So, if that does continue to go up, what I said about uh Luna Classic in the short term um would be invalidated on this front, and that would make me even more bullish. But of course, we're heading now to the longer term, and we're discussing where the prices could go in 2026.

[00:08:49]Now, of course, the targets that I have for Luna Classic are much higher than the ones I discussed in the shorter term, because at the end of the day, the overarching theme here on Luna Classic has been this falling wedge pattern. So, Luna Classic has been in this falling wedge now since its inception, since that crash that we had in May 2022.

[00:09:09]Of course, you can see that we've got an upper resistance here that's been tested on four separate occasions. Not perfectly, but we can see this general trend is downwards. Of course, we've had the support here, as well. And so, what we've had throughout Luna's lifetime has been this falling wedge pattern. Now, of course, I just want to put in another support that looks like this, as well, because this is arguably a stronger support. Um this is one that's been tested on three separate occasions, a little bit more cleanly. Of course, we did have this slip in October 2025, which was this flash crash. So, whether you count that as not is up to you. Um but anyway, we've got two strong support But anyway, we've got two supports here on the Luna Classic price. And we've just seen a breakout to the upside of this upper resistance that's been respected throughout Luna's lifetime.

[00:09:59]So, this is a major major signal for us and it essentially tells us that we've broken out of this falling wedge pattern, which is a very bullish sign.

[00:10:09]Now, with any falling wedge, we get a price target upon breaking out of it and the price target is just the distance between the first test of support to the first test of resistance. And so, essentially, if we take this smaller falling wedge, I'm just going to delete this one down here, so it's less confusing for you all.

[00:10:25]And we drag this measuring tool to where we saw that breakout. You guys can see that we have a price target here at 0.00054, which is essentially basically just short of the previous all-time high here on Luna Classic that was printed in September 2022.

[00:10:42]So, that's a 612% upside and from where the prices currently are, we're still looking at about a 4 and 1/2 X. Now, if Luna Classic uses this other support as where we can base our falling wedge from, then we get a much bigger price target. It's this whole distance here and if we drag this to where we saw that breakout, we are looking at a 16X or about 0.0013 or from where the prices currently are, that is still about 11X to the upside.

[00:11:13]So, these are my two longer-term price targets here for Luna Classic. There's no [snorts] indication as to when they're going to be hit. It could be next week. It could be at the end of this year or even next year. However, this has been officially triggered off because we've broken out to the upside of this support here.

[00:11:32]And of course, like I said before about the MACD, we can see evidence that this is a reasonable target to be hit because as you guys can see from the momentum in 2022, it has been much much higher. In fact, even the one in the end of 2023 is higher than where we are currently now.

[00:11:48]So, if the momentum continues to head upwards, you can see that that would translate to something like this in the price. So, these price targets here on Luna Classic are more reasonable than it might first appear, but needless to say, I am very very excited at the prospect of this falling wedge pattern. Now, very very finally, I just want to talk about the general crypto market. Of course, when we talk about the general crypto market, we look at Bitcoin.

[00:12:16]And Bitcoin um has been pretty bullish over the past month. Of course, we had this horrible drop at the end of 25 and at the start of 26.

[00:12:25]However, the prices have been clawing back up. Now, what's pretty exciting from here is if prices continue to head up for Bitcoin, we have pretty clear sailing, in my opinion, up to this 89K level. Now, as you guys can see, we're at this gray line, which is a strong resistance and support for us. It was basically the low of this previous region here. Again, sorry for all the markings on the screen. What I might do, actually, is just start from scratch.

[00:12:52]Essentially, we have this, which is a big resistance for us. If prices here on Bitcoin clear 82K, then, for in my opinion, it could be fairly smooth sailing up until 80 uh sorry, that's 90K here on Bitcoin, which is a region which had been a previously strong support and resistance. So, 90K here on Bitcoin, if we can clear 82K, in my opinion. Of course, if Bitcoin does make that move, Luna Classic has a good chance of getting to the price targets that I had discussed. However, if Bitcoin is stuck at this resistance, which, you know, at the end of the day, it could be because we also have a trend line that looks like this. So, we are at resistances here on Bitcoin. If we do see a correction in the short term, we could see a few final pumps here throughout altcoins such as Luna Classic, but it could drag the crypto market down. And furthermore, just watch out for this divergence here on the MACD and on Bitcoin. Bitcoin is making new higher highs, whereas the MACD has not yet confirmed it. So, if it's not confirmed, that would be a bearish divergence and over the coming days and weeks, we could see the prices start to head downwards and that could mean that it brings the crypto market down with it. So, we are really at a crossroads at the moment. Pay attention to the Bitcoin price and at this 81-82K region. Of course, pay attention to Luna Classic as well and how it responds to those resistances in the short term. Like I say, 0.00017 is coming next. Of course, that's all I wanted to say in this video. In fact, there is one more thing I want to say in this video. Obviously, for all the returning viewers out there, if you've been following this channel, I know I've taken a bit of a break. I want to thank you guys so much for sticking around and being there to support this channel. Of course, for me, myself and I, I've just been busy with life things. Of course, with um what I do, YouTube is part of what I earn, but of course, I earn from other ways and I've just been dealing with a lot of e-commerce stuff that hasn't gone my way so well. So, of course, over the past few months, I've been trying to fix a lot of things. I've been busy with that and so, I've had to take a bit of a break from YouTube. Of course, the market hasn't helped as well. We've seen some pretty horrible market conditions throughout February and March. And of course, with um news about Iran and oil and everything like that, it hasn't been too helpful.

[00:15:15]But of course, I'm back now and I will try to post a little bit more regularly.

[00:15:20]Of course, it's going to help when the crypto markets are doing well, but nonetheless, I will try to be making videos a little bit more regularly for the for all for all you viewers out there who really like these videos. So, of course, again, thank you so much for watching and being here to support this channel. Have a great rest of your day and I'll see you guys in the next video.