LUNC (Luna Classic) is currently in a key consolidation phase with a sideways channel pattern, attempting to break through resistance at $0.083, while the broader crypto market shows bearish sentiment with the Fear & Greed Index at 34; despite this, public treasuries like Strive are accumulating Bitcoin, suggesting potential institutional support, and LUNC's rising dominance (0.01760%) indicates it may gain market share even as the global market cap declines.
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LUNC CRYPTO Price Prediction | Will Terra Classic PUMP Soon!?Added:
Welcome back to the channel. We are looking at LUNC in this video. A little bit of analysis and news of what's going on in the crypto space at the moment, guys. And I do want to announce that we are doing a $250 giveaway to any new subscribers from this day onwards. The winner will be announced on the 1st of July. So, please subscribe to this video for your chance to win. Now, let's have a look at the overall general scheme of things in this market. We can see we have 34 on the Fear & Greed Index. So, the market has yet again flipped a bullish a bearish, sorry. Lots of fear invoked within.
Um on the on the other hand, Strive just acquired 1,109 Bitcoins raising their total holdings to 16,500 coins as per public treasury. These are the public treasuries that we can see now Strive is the seventh largest public company. So, whilst the market and the general investor feels scared, we have these public treasuries and public companies actually accumulating more and more Bitcoin. Anyhows, let's have a look at uh LUNC. It's still up 55% on the month.
And what we're starting to see now is key consolidation for Luna Classic. Key key consolidation for LUNC where actually we've got this interesting wall. We've got this interesting selling wall resistance on the upper hand at 8.3 that we're trying to break through and we're not quite getting it just yet. And now we have this very interesting sideways channel and it is literally a sideways channel.
Um hopefully we can see positive uh you know, outbreak from this.
Hopefully we can see a positive swing to the upside. If we do get that movement, then of course we could move up to maybe the 86 or even the 91 region. Um but yeah, this is key consolidation and has been happening now over the last few days for Luna Classic. We did have a very weak yesterday. We are getting more selling pressure as per daily candle on the uh the wick, the selling wick that's on the actual main body, the top body uh of the the candle itself. But it doesn't mean that we're going to actually crash and go down to heavily cuz we are just consolidating in this tight tight period in this tight space at the moment. So we've been consolidating here for the last 5 days.
So let's see how the week will close.
Obviously if Bitcoin does have a bad end of week as we're seeing Bitcoin at 76.8k at the moment. We are dropping a little bit on the 24 hours we're down 1% and we're seeing quite a bit of volatility actually in the space right now.
So we could be potentially seeing volatility soon because sometimes when the markets become very calm like how they are now. It's it's kind of been very steady sideways and a bit boring.
Like this consolidation here usually leads to some kind of resolution, some kind of remediation whether that's to the upside or the downside. So when we look at the critical outcome of the impulse potential, you've got a pump potential of 4% but we also have the correction potential of 3 to 4% as well.
So it goes in both directions. We just don't know exactly what direction it's going to move in right now at the time of you know, obviously making this video but hopefully it's going to move in the bullish direction and the direction that we want it to actually move in.
See, looking at trend wave we're sitting sort of in the middle of bullish and bearish here on our daily time frame here. We're obviously are in a downtrend with flipped into that bearish reversal and we are yet to make any bullish signs. So at the moment it is consolidation in this particular space and hopefully we can see Luna Classic go higher higher. Course we flipped to our what you call it?
Our weekly time frame. As we said before, this is still just a lower high.
This is still nothing to get super bullish on. If we map out all of the highs that we've seen so far, you know, we had a high over here.
We had the high over here as well and the high we just had is actually just a high that's just lower than all of the other highs that we've had so far. So still it doesn't show you that we've made any true progress or actual growth. 2025 we saw a larger market capital for Luna Classic still.
But I think it's going to take a lot of patience, community burning, it's going to take an entire bullish setup, and a real bull market globally in order to see Luna Classic really start to wake up. And of course, the dominance here on Luna Classic, whilst it has been rising, it is against a diluting or shall I say a market capital structure that is declining. So yes, the global market cap is going down, which isn't terrible. 2.58 trillion.
Obviously, the trend is down here.
Luna Classic is obviously going up, which is actually giving us more dominance and a larger share of the overall market, which is a good thing. It has reflected a short-term down uptrend in the market.
But guys, unless we're going to see continuity here, we're not really going to see the price of Luna Classic rise much more, I don't think at this time of making the video. Do also want to say, if you are looking to buy, hold, or trade, Luna Classic, you can check Bitci next. The link is down below.
They've got some new kind of bonuses and rewards right now. You might get something lucky. Hopefully, they're giving away some nice things. So yeah, have a little look down below. I think it's really, really cool. And also I want to talk about this opportunity which I got into a few weeks ago. Bitcoin hyper targets early mover upside as Bitcoin tests key levels.
Bitcoin at 76K with $84,000 as the near-term ceiling means the upside on spot Bitcoin is bounded. Here it says, "The dynamic is pulling attentions toward early stage infrastructure plays on the Bitcoin hyper network or ecosystem." This is its own ICO, its own coin. It says here, "36% staking rewards. The fastest Bitcoin layer two chain, scalability and speed for Bitcoin is finally here."
So, what we can see is it says Bitcoin hyper official pre-sale website. Buy hyper before it powers the fastest layer in Bitcoin. 1 hour, 17 minutes, 7 seconds to go. We have 32.5 million dollars raised for this. So, obviously they've got a massive, massive cash flow and budget to hopefully execute an incredible marketing strategy and PR to get this thing going. So, yeah, I've I've got into this one just because it's going to be launching soon.
When we look at the exit well, you can really just see how big the bridge is blowing up, you know, getting loads of views, loads of likes, loads of retweets, a lot of engagement, and the anticipation is building. So, if you're looking for any new potential to get into, it's only 0.0136806 right now. One hyper, that's all it is.
You can hit buy off crypto, you can use things like MetaMask to grab some of these awesome coins, uh but the hyper coins as you can see here. Of course, remember I'm not a financial advisor. Don't risk more than you can afford to lose, but we are looking at something very, very potential with uh the the hyper coin, the hyper network. So, that's a an ERC-20 uh native coin, so you do need to have an EVM wallet, an ER ERC-20 D5 wallet, or something to get involved with that one.
Token generation event happening soon.
Next up, um market cap LUNC dominance 0.01760.
So, yeah, we've already uh covered that part, too.
In a nutshell, the market is in a short-term bearish uh potential trend.
We are potentially going to see a bearish reversal here. We don't know for sure, but I think at least in the next year or so we're going to see these markets really start to pick up and look good. Our top five giants are pretty much down, Bitcoin is down, Ethereum is down, BNB is down, XRP is also down as well, and yeah, it's not always the most exciting bullish news. Anyways, hope you enjoyed this video and do subscribe to enter that $250 giveaway. Bye for now.
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