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💰💰💰As Community Revises Burn Tax, Can Terra LUNA Classic Reach $100?
Even if the community changed the token's burn tax, Terra LUNA Classic is falling below its 21DMA.
#LUNA
After failing to break above its 21DMA for four days, LUNC was trading slightly around $0.0001050.
The LUNC burn tax modification didn't raise mood, perhaps because the burn rate stayed at 0.5%.
The recently approved proposal altered what happens to burnt tokens.
LUNC's Oracle Pool gets 10% of burnt tokens. Previously, 10% went to “rewards”.
As the crypto market suffers, Terra LUNC Classic may fall lower.
The macro background has hurt crypto prices this month. The latest Core PCE report indicates persistently strong US inflation.
It has caused investors to reduce Fed rate decrease wagers. Rising US bond rates and the dollar have hurt cryptocurrencies, like LUNC.
Terra LUNA Classic is down 34% this month and 60% from March's $0.00002550 highs.
Bearish technicals signal the sell-off may continue.
Terra LUNA Classic Price Prediction: LUNC's Future
Chat research reveals Terra LUNA Classic bears dominate the market.
The 21DMA has been a solid barrier since late March. The Terra LUNA Classic pricing has since fallen.
This week, LUNC saw heavy resistance from the March low, which it broke below in mid-April.
These are significant evidence of LUNC price cuts. In weeks, April lows just over $0.00007, a 30% decline from present levels, may be retested.
May LUNC Reach $100?
LUNC might hit $100 if the community burned enough tokens.
Assuming LUNC retains its $600 million market worth, $100 would be 6 million tokens.
The LUNC token supply exceeds 5.8 trillion. Burn 99.99999% of the token supply to reach 6 million.
Market cap growth may minimize the number of token burns needed to reach $100 for LUNC.
In May 2022, the Terra environment failed, rendering LUNC useless.
$LUNC is become a speculative shitcoin. Random 2-3x pumps may occur as risk appetite rises.
However, it is unlikely to become a multi-billion dollar currency.
#LUNC may hit $100
#TerraLunaClassic
Even if the community changed the token's burn tax, Terra LUNA Classic is falling below its 21DMA.
#LUNA
After failing to break above its 21DMA for four days, LUNC was trading slightly around $0.0001050.
The LUNC burn tax modification didn't raise mood, perhaps because the burn rate stayed at 0.5%.
The recently approved proposal altered what happens to burnt tokens.
LUNC's Oracle Pool gets 10% of burnt tokens. Previously, 10% went to “rewards”.
As the crypto market suffers, Terra LUNC Classic may fall lower.
The macro background has hurt crypto prices this month. The latest Core PCE report indicates persistently strong US inflation.
It has caused investors to reduce Fed rate decrease wagers. Rising US bond rates and the dollar have hurt cryptocurrencies, like LUNC.
Terra LUNA Classic is down 34% this month and 60% from March's $0.00002550 highs.
Bearish technicals signal the sell-off may continue.
Terra LUNA Classic Price Prediction: LUNC's Future
Chat research reveals Terra LUNA Classic bears dominate the market.
The 21DMA has been a solid barrier since late March. The Terra LUNA Classic pricing has since fallen.
This week, LUNC saw heavy resistance from the March low, which it broke below in mid-April.
These are significant evidence of LUNC price cuts. In weeks, April lows just over $0.00007, a 30% decline from present levels, may be retested.
May LUNC Reach $100?
LUNC might hit $100 if the community burned enough tokens.
Assuming LUNC retains its $600 million market worth, $100 would be 6 million tokens.
The LUNC token supply exceeds 5.8 trillion. Burn 99.99999% of the token supply to reach 6 million.
Market cap growth may minimize the number of token burns needed to reach $100 for LUNC.
In May 2022, the Terra environment failed, rendering LUNC useless.
$LUNC is become a speculative shitcoin. Random 2-3x pumps may occur as risk appetite rises.
However, it is unlikely to become a multi-billion dollar currency.
#LUNC may hit $100
#TerraLunaClassic
⭐️ Terraform Labs to restrict US access, withdraw $23 million of liquidity following SEC ruling
Terraform Labs (TFL) announced changes to its operations on April 25 in light of a recent court ruling related to the SEC’s case against the company.
TFL said it expects to receive a conduct injunction soon that will bar it from certain activities in the US. The company added that it will prepare for the injunction by barring US users from accessing some products and features starting in the week of April 28.
TFL called the development “frustrating” and said it is “against geoblocking as a matter of principle” but has no choice but to adapt.
The policy change will not affect some projects, including Alliance, an open-source Cosmos SDK module, and the Terra blockchain itself.
♦️ Liquidity closures
TFL must also withdraw liquidity from positions on various platforms due to the injunction
The company said it will start withdrawing liquidity worth $23.8 million across three platforms — Astroport, Ura, and White Whale — on April 26. Each position is a LUNA pair.
Terraform Labs said it would store the withdrawn LUNA tokens in a multisig account through the bankruptcy proceedings.
♦️ SEC requested injunctions
The SEC filed charges against Terraform Labs in February 2023. The trial began this March, and a jury found Terra and its former CEO, Do Kwon, liable for fraud in early April.
The SEC requested various injunctions against the defendants on April 19.
Specifically, the SEC asked for restrictions on each party’s ability to purchase, offer, and sell crypto asset securities — including but not limited to LUNA. The SEC also said the defendants should be barred from inducing other parties into such transactions.
The SEC also requested monetary fines and penalties totaling $5.3 billion
Terraform continues to operate and offer certain products despite its bankruptcy and the collapse of its stablecoin, TerraUSD, which depegged from the dollar in May 2022.
$LUNC $LUNA #LUNC #LUNA
Terraform Labs (TFL) announced changes to its operations on April 25 in light of a recent court ruling related to the SEC’s case against the company.
TFL said it expects to receive a conduct injunction soon that will bar it from certain activities in the US. The company added that it will prepare for the injunction by barring US users from accessing some products and features starting in the week of April 28.
TFL called the development “frustrating” and said it is “against geoblocking as a matter of principle” but has no choice but to adapt.
The policy change will not affect some projects, including Alliance, an open-source Cosmos SDK module, and the Terra blockchain itself.
♦️ Liquidity closures
TFL must also withdraw liquidity from positions on various platforms due to the injunction
The company said it will start withdrawing liquidity worth $23.8 million across three platforms — Astroport, Ura, and White Whale — on April 26. Each position is a LUNA pair.
Terraform Labs said it would store the withdrawn LUNA tokens in a multisig account through the bankruptcy proceedings.
♦️ SEC requested injunctions
The SEC filed charges against Terraform Labs in February 2023. The trial began this March, and a jury found Terra and its former CEO, Do Kwon, liable for fraud in early April.
The SEC requested various injunctions against the defendants on April 19.
Specifically, the SEC asked for restrictions on each party’s ability to purchase, offer, and sell crypto asset securities — including but not limited to LUNA. The SEC also said the defendants should be barred from inducing other parties into such transactions.
The SEC also requested monetary fines and penalties totaling $5.3 billion
Terraform continues to operate and offer certain products despite its bankruptcy and the collapse of its stablecoin, TerraUSD, which depegged from the dollar in May 2022.
$LUNC $LUNA #LUNC #LUNA
User access to Terraform Labs will be severely limited in the United States after a recent verdict in an SEC complaint
As a result of the SEC's request to limit the business's activities, Terraform Labs alerted users that the court may compel the firm to discontinue certain operations.
On Monday, the price of LUNA dropped 2.25 percent.
On Thursday, blockchain startup Terraform Labs said that it would limit access to some services and products for users in the United States. The move comes as the business prepares for a court ruling in its ongoing legal fight with the US Securities and Exchange Commission (SEC).
Users in the United States will be unable to access Terraform Labs.
A recent tweet on X announced that Terraform Labs is making modifications to its business. In certain regions, the company has announced changes to active liquidity provisioning and product access via Terraform Labs (TFL).
In 2022, the Terra ecosystem collapsed due to the LUNA-UST sibling coins and UST depegging, costing $40 billion. As a result, the SEC filed enforcement charges against Terraform Labs and its creator, Do Kwon, requesting a New York court to punish the company $5.3 billion.
A "conduct injunction," which would require TFL to stop part of its operations, is something the company has mentioned as a possible outcome. In anticipation of this, Terraform Labs will next week limit access to some products and services for customers in the United States.
According to TFL, the company is opposed to geoblocking but feels it has no other option in this situation. The corporation assured that open source initiatives like Alliance and the Terra blockchain will be unaffected by the changes.
To comply with the court's order, the company will also begin liquidating its holdings on April 26.
While these holdings are being liquidated, the LUNA will be stored in a multisig wallet in anticipation of the bankruptcy.
As of this writing, one LUNA is trading hands for $0.6345, representing a 2.25% decrease this week.
#LUNC #LUNA $LUNA #TerraLunaClassic
As a result of the SEC's request to limit the business's activities, Terraform Labs alerted users that the court may compel the firm to discontinue certain operations.
On Monday, the price of LUNA dropped 2.25 percent.
On Thursday, blockchain startup Terraform Labs said that it would limit access to some services and products for users in the United States. The move comes as the business prepares for a court ruling in its ongoing legal fight with the US Securities and Exchange Commission (SEC).
Users in the United States will be unable to access Terraform Labs.
A recent tweet on X announced that Terraform Labs is making modifications to its business. In certain regions, the company has announced changes to active liquidity provisioning and product access via Terraform Labs (TFL).
In 2022, the Terra ecosystem collapsed due to the LUNA-UST sibling coins and UST depegging, costing $40 billion. As a result, the SEC filed enforcement charges against Terraform Labs and its creator, Do Kwon, requesting a New York court to punish the company $5.3 billion.
A "conduct injunction," which would require TFL to stop part of its operations, is something the company has mentioned as a possible outcome. In anticipation of this, Terraform Labs will next week limit access to some products and services for customers in the United States.
According to TFL, the company is opposed to geoblocking but feels it has no other option in this situation. The corporation assured that open source initiatives like Alliance and the Terra blockchain will be unaffected by the changes.
To comply with the court's order, the company will also begin liquidating its holdings on April 26.
While these holdings are being liquidated, the LUNA will be stored in a multisig wallet in anticipation of the bankruptcy.
As of this writing, one LUNA is trading hands for $0.6345, representing a 2.25% decrease this week.
#LUNC #LUNA $LUNA #TerraLunaClassic
User access to Terraform Labs will be severely limited in the United States after a recent verdict in an SEC complaint
As a result of the SEC's request to limit the business's activities, Terraform Labs alerted users that the court may compel the firm to discontinue certain operations.
On Monday, the price of LUNA dropped 2.25 percent.
On Thursday, blockchain startup Terraform Labs said that it would limit access to some services and products for users in the United States. The move comes as the business prepares for a court ruling in its ongoing legal fight with the US Securities and Exchange Commission (SEC).
Users in the United States will be unable to access Terraform Labs.
A recent tweet on X announced that Terraform Labs is making modifications to its business. In certain regions, the company has announced changes to active liquidity provisioning and product access via Terraform Labs (TFL).
In 2022, the Terra ecosystem collapsed due to the LUNA-UST sibling coins and UST depegging, costing $40 billion. As a result, the SEC filed enforcement charges against Terraform Labs and its creator, Do Kwon, requesting a New York court to punish the company $5.3 billion.
A "conduct injunction," which would require TFL to stop part of its operations, is something the company has mentioned as a possible outcome. In anticipation of this, Terraform Labs will next week limit access to some products and services for customers in the United States.
According to TFL, the company is opposed to geoblocking but feels it has no other option in this situation. The corporation assured that open source initiatives like Alliance and the Terra blockchain will be unaffected by the changes.
To comply with the court's order, the company will also begin liquidating its holdings on April 26.
While these holdings are being liquidated, the LUNA will be stored in a multisig wallet in anticipation of the bankruptcy.
As of this writing, one LUNA is trading hands for $0.6345, representing a 2.25% decrease this week.
#LUNC #LUNA $LUNA #TerraLunaClassic
As a result of the SEC's request to limit the business's activities, Terraform Labs alerted users that the court may compel the firm to discontinue certain operations.
On Monday, the price of LUNA dropped 2.25 percent.
On Thursday, blockchain startup Terraform Labs said that it would limit access to some services and products for users in the United States. The move comes as the business prepares for a court ruling in its ongoing legal fight with the US Securities and Exchange Commission (SEC).
Users in the United States will be unable to access Terraform Labs.
A recent tweet on X announced that Terraform Labs is making modifications to its business. In certain regions, the company has announced changes to active liquidity provisioning and product access via Terraform Labs (TFL).
In 2022, the Terra ecosystem collapsed due to the LUNA-UST sibling coins and UST depegging, costing $40 billion. As a result, the SEC filed enforcement charges against Terraform Labs and its creator, Do Kwon, requesting a New York court to punish the company $5.3 billion.
A "conduct injunction," which would require TFL to stop part of its operations, is something the company has mentioned as a possible outcome. In anticipation of this, Terraform Labs will next week limit access to some products and services for customers in the United States.
According to TFL, the company is opposed to geoblocking but feels it has no other option in this situation. The corporation assured that open source initiatives like Alliance and the Terra blockchain will be unaffected by the changes.
To comply with the court's order, the company will also begin liquidating its holdings on April 26.
While these holdings are being liquidated, the LUNA will be stored in a multisig wallet in anticipation of the bankruptcy.
As of this writing, one LUNA is trading hands for $0.6345, representing a 2.25% decrease this week.
#LUNC #LUNA $LUNA #TerraLunaClassic
😱 Whoa, talk about a plot twist in the Terra (LUNA) saga! 🌀 The SEC is bringing the thunder with a hefty $5.3 billion fine thundercloud over Terraform Labs and its co-founder, Do Kwon! ⚡ Looks like they're not playing around when it comes to alleged fraud and deception in the crypto world. 🕵️♂️
The jury's verdict paints a grim picture: Terraform Labs and Kwon allegedly led investors astray about the stability of their algorithmic stablecoin, Terra USD (UST), and the Terra blockchain's potential. 🏴☠️ Now, the SEC is aiming to reel in over $4 billion in "illicit profits" from these murky waters. 💰
According to court documents, the sales figures read like a crypto thriller: from LUNA and MIR to UST, the numbers are staggering! 💸 But amidst the chaos, the SEC claims to have a "conservative but reasonable approach" to reclaiming these ill-gotten gains. 📈
But wait, there's more! The SEC isn't stopping at fines – they're also seeking injunctive relief and a ban on Kwon serving as an officer or director of a public company! 🚫 It's a high-stakes game of legal chess in the crypto realm. ♟️
$LUNA #LUNA #TerraLabs
The jury's verdict paints a grim picture: Terraform Labs and Kwon allegedly led investors astray about the stability of their algorithmic stablecoin, Terra USD (UST), and the Terra blockchain's potential. 🏴☠️ Now, the SEC is aiming to reel in over $4 billion in "illicit profits" from these murky waters. 💰
According to court documents, the sales figures read like a crypto thriller: from LUNA and MIR to UST, the numbers are staggering! 💸 But amidst the chaos, the SEC claims to have a "conservative but reasonable approach" to reclaiming these ill-gotten gains. 📈
But wait, there's more! The SEC isn't stopping at fines – they're also seeking injunctive relief and a ban on Kwon serving as an officer or director of a public company! 🚫 It's a high-stakes game of legal chess in the crypto realm. ♟️
$LUNA #LUNA #TerraLabs
😰 Critical New Development in Terra (LUNA) and SEC Case: Billion Dollars in Talk
The US Securities and Exchange Commission (SEC) asked the New York court to impose a hefty $5.3 billion fine on Terraform Labs and its co-founder Do Kwon, on the grounds that they were involved in the $40 billion collapse of the Terra (LUNA) ecosystem in 2022.
Terraform Labs and Kwon were convicted on fraud charges earlier this month. A jury in Manhattan found that the company and Kwon deceived investors about the stability of their so-called “algorithmic” native stablecoin, Terra USD (UST), and the use cases of the Terra blockchain.
The SEC, which filed for final judgment two weeks after the conclusion of the hearing, demands that Terraform Labs and Kwon pay damages and precautionary interest in the amount of $ 4.74 billion. Additionally, the regulator is seeking damages totaling $520 million, including $420 million from Terraform Labs and $100 million directly from Kwon.
The SEC justified the total amount in an attached memorandum filed with the court, stating that Kwon and Terraform Labs “obtained over $4 billion in illicit profits (and likely much more) from their illegal conduct.”
According to court documents, LUNA and MIR sales to institutional investors amounted to $65.2 million and $4.3 million, respectively. LUNA and UST sales through Luna Foundation Guard (LFG) totaled $1.8 billion. Additionally, investors purchased $2.3 billion of UST across various cryptocurrency trading platforms between June 2021 and May 2022.
The SEC added that the penalty amount represents a “conservative” but “reasonable approach” to Terraform and Kwon's “ill-gotten gains.”
In addition to the hefty fines, the SEC is also seeking injunctive relief to prevent Kwon and Terraform Labs from committing further securities violations and buying or selling “any cryptoasset securities.” The regulator is also seeking an officer and director ban that would prohibit Kwon from serving as an officer or director of a public company reported by the SEC.
$LUNA #LUNA #TerraLabs
The US Securities and Exchange Commission (SEC) asked the New York court to impose a hefty $5.3 billion fine on Terraform Labs and its co-founder Do Kwon, on the grounds that they were involved in the $40 billion collapse of the Terra (LUNA) ecosystem in 2022.
Terraform Labs and Kwon were convicted on fraud charges earlier this month. A jury in Manhattan found that the company and Kwon deceived investors about the stability of their so-called “algorithmic” native stablecoin, Terra USD (UST), and the use cases of the Terra blockchain.
The SEC, which filed for final judgment two weeks after the conclusion of the hearing, demands that Terraform Labs and Kwon pay damages and precautionary interest in the amount of $ 4.74 billion. Additionally, the regulator is seeking damages totaling $520 million, including $420 million from Terraform Labs and $100 million directly from Kwon.
The SEC justified the total amount in an attached memorandum filed with the court, stating that Kwon and Terraform Labs “obtained over $4 billion in illicit profits (and likely much more) from their illegal conduct.”
According to court documents, LUNA and MIR sales to institutional investors amounted to $65.2 million and $4.3 million, respectively. LUNA and UST sales through Luna Foundation Guard (LFG) totaled $1.8 billion. Additionally, investors purchased $2.3 billion of UST across various cryptocurrency trading platforms between June 2021 and May 2022.
The SEC added that the penalty amount represents a “conservative” but “reasonable approach” to Terraform and Kwon's “ill-gotten gains.”
In addition to the hefty fines, the SEC is also seeking injunctive relief to prevent Kwon and Terraform Labs from committing further securities violations and buying or selling “any cryptoasset securities.” The regulator is also seeking an officer and director ban that would prohibit Kwon from serving as an officer or director of a public company reported by the SEC.
$LUNA #LUNA #TerraLabs
😰 Critical New Development in Terra ($LUNA ) and SEC Case: Billion Dollars in Talk
The US Securities and Exchange Commission (SEC) asked the New York court to impose a hefty $5.3 billion fine on Terraform Labs and its co-founder Do Kwon, on the grounds that they were involved in the $40 billion collapse of the Terra (LUNA) ecosystem in 2022.
Terraform Labs and Kwon were convicted on fraud charges earlier this month. A jury in Manhattan found that the company and Kwon deceived investors about the stability of their so-called “algorithmic” native stablecoin, Terra USD (UST), and the use cases of the Terra blockchain.
The SEC, which filed for final judgment two weeks after the conclusion of the hearing, demands that Terraform Labs and Kwon pay damages and precautionary interest in the amount of $ 4.74 billion. Additionally, the regulator is seeking damages totaling $520 million, including $420 million from Terraform Labs and $100 million directly from Kwon.
The SEC justified the total amount in an attached memorandum filed with the court, stating that Kwon and Terraform Labs “obtained over $4 billion in illicit profits (and likely much more) from their illegal conduct.”
According to court documents, LUNA and MIR sales to institutional investors amounted to $65.2 million and $4.3 million, respectively. LUNA and UST sales through Luna Foundation Guard (LFG) totaled $1.8 billion. Additionally, investors purchased $2.3 billion of UST across various cryptocurrency trading platforms between June 2021 and May 2022.
The SEC added that the penalty amount represents a “conservative” but “reasonable approach” to Terraform and Kwon's “ill-gotten gains.”
In addition to the hefty fines, the SEC is also seeking injunctive relief to prevent Kwon and Terraform Labs from committing further securities violations and buying or selling “any cryptoasset securities.” The regulator is also seeking an officer and director ban that would prohibit Kwon from serving as an officer or director of a public company reported by the SEC.
$LUNA #LUNA #TerraLabs
The US Securities and Exchange Commission (SEC) asked the New York court to impose a hefty $5.3 billion fine on Terraform Labs and its co-founder Do Kwon, on the grounds that they were involved in the $40 billion collapse of the Terra (LUNA) ecosystem in 2022.
Terraform Labs and Kwon were convicted on fraud charges earlier this month. A jury in Manhattan found that the company and Kwon deceived investors about the stability of their so-called “algorithmic” native stablecoin, Terra USD (UST), and the use cases of the Terra blockchain.
The SEC, which filed for final judgment two weeks after the conclusion of the hearing, demands that Terraform Labs and Kwon pay damages and precautionary interest in the amount of $ 4.74 billion. Additionally, the regulator is seeking damages totaling $520 million, including $420 million from Terraform Labs and $100 million directly from Kwon.
The SEC justified the total amount in an attached memorandum filed with the court, stating that Kwon and Terraform Labs “obtained over $4 billion in illicit profits (and likely much more) from their illegal conduct.”
According to court documents, LUNA and MIR sales to institutional investors amounted to $65.2 million and $4.3 million, respectively. LUNA and UST sales through Luna Foundation Guard (LFG) totaled $1.8 billion. Additionally, investors purchased $2.3 billion of UST across various cryptocurrency trading platforms between June 2021 and May 2022.
The SEC added that the penalty amount represents a “conservative” but “reasonable approach” to Terraform and Kwon's “ill-gotten gains.”
In addition to the hefty fines, the SEC is also seeking injunctive relief to prevent Kwon and Terraform Labs from committing further securities violations and buying or selling “any cryptoasset securities.” The regulator is also seeking an officer and director ban that would prohibit Kwon from serving as an officer or director of a public company reported by the SEC.
$LUNA #LUNA #TerraLabs
Insights on Cryptocurrency Price Predictions for CEEK, FLOKI, Chiliz, and LUNA
Bitcoin price continues to hover around the $66,500 region, while altcoin investors show increased appetite compared to last week. Despite historical data suggesting a market rise post-halving, regional tensions and macroeconomic downturns have led to rapid selling this month. What are the current price predictions for CEEK, FLOKI, Chiliz, and LUNA Coin as some of the negative factors begin to wane?
CEEK Coin Price Prediction
We have previously discussed the potential risks for CEEK Coin in the long term. Disinterest in the Metaverse sector has negatively impacted even the largest altcoins in this category, while CEEK Coin has faced a tougher bear market due to its unique issues. At the time of writing, the price stands at $0.061. After reaching a peak in March, the price dropped back to its starting point before initiating a recovery to $0.073.
If sales above $0.063 can be overcome, the targeted level might be tested. However, in a downturn, targets of $0.055 and $0.047 are considered.
FLOKI Coin Price Prediction
Among the most popular meme coins, FLOKI INU (FLOKI) could target the $0.00022246 threshold if it closes above $0.00017893. Closures above this level could test the previous historical peak, potentially setting a new ATH. In the opposite scenario, the current supports are $0.00012452 and $0.00009606.
Chiliz (CHZ) Price Prediction
Since last June, we’ve highlighted the resistance of the parallel channel that started the rally. On April 13, CHZ Coin confirmed its upward trend as it dipped back to this resistance. The price quickly rebounded from $0.084 to $0.114 support. Currently, this area is being maintained, and CHZ Coin could move to the $0.138 and $0.154 range if it starts closing above $0.12.
The target for the peak is between $0.2 and $0.3 if closures above $0.167 are achieved. Recent deals and new partnerships related to the network could boost optimism.
LUNA Coin Predictions
Here too, the necessary rise involves overcoming a clear parallel channel, and the price has fallen back into the channel. For now, the $0.55 support is maintained, preventing LUNA Coin from breaking the channel downwards and accelerating sales. However, long-term risks often discussed are more significant than speculative interim rises.
If $0.75 can be reclaimed, peaks of $0.94 and $1.18 could be targeted. However, the situation with Do Kwon, the Terra network’s ongoing struggles, and increasing competition could lead to new ATL levels, which wouldn’t be surprising. If seen as a meme coin, Terra could sustain its existence long-term as a reminder of the nightmare.
$FLOKI $LUNA $CHZ #FLOKI #LUNA #CHZ
CEEK Coin Price Prediction
We have previously discussed the potential risks for CEEK Coin in the long term. Disinterest in the Metaverse sector has negatively impacted even the largest altcoins in this category, while CEEK Coin has faced a tougher bear market due to its unique issues. At the time of writing, the price stands at $0.061. After reaching a peak in March, the price dropped back to its starting point before initiating a recovery to $0.073.
If sales above $0.063 can be overcome, the targeted level might be tested. However, in a downturn, targets of $0.055 and $0.047 are considered.
FLOKI Coin Price Prediction
Among the most popular meme coins, FLOKI INU (FLOKI) could target the $0.00022246 threshold if it closes above $0.00017893. Closures above this level could test the previous historical peak, potentially setting a new ATH. In the opposite scenario, the current supports are $0.00012452 and $0.00009606.
Chiliz (CHZ) Price Prediction
Since last June, we’ve highlighted the resistance of the parallel channel that started the rally. On April 13, CHZ Coin confirmed its upward trend as it dipped back to this resistance. The price quickly rebounded from $0.084 to $0.114 support. Currently, this area is being maintained, and CHZ Coin could move to the $0.138 and $0.154 range if it starts closing above $0.12.
The target for the peak is between $0.2 and $0.3 if closures above $0.167 are achieved. Recent deals and new partnerships related to the network could boost optimism.
LUNA Coin Predictions
Here too, the necessary rise involves overcoming a clear parallel channel, and the price has fallen back into the channel. For now, the $0.55 support is maintained, preventing LUNA Coin from breaking the channel downwards and accelerating sales. However, long-term risks often discussed are more significant than speculative interim rises.
If $0.75 can be reclaimed, peaks of $0.94 and $1.18 could be targeted. However, the situation with Do Kwon, the Terra network’s ongoing struggles, and increasing competition could lead to new ATL levels, which wouldn’t be surprising. If seen as a meme coin, Terra could sustain its existence long-term as a reminder of the nightmare.
$FLOKI $LUNA $CHZ #FLOKI #LUNA #CHZ
Luna Classic Price Prediction: LUNC Gradually Climbs, Will It Break Out Soon?
As of the recent trading sessions, the Luna Classic price has shown a pattern of gradual upward movement, making a notable attempt to breach key resistance levels. The closing prices have incrementally climbed from $0.00010814 to a peak of $0.00011037 before slightly receding to $0.00010981, suggesting a potential buildup towards a breakout.
The technical indicators on the 4-hour chart provide further insights into the market dynamics. The 9 Exponential Moving Average (EMA) has steadily increased from $0.00010795 to $0.00010923, consistently sitting below the closing prices and indicating a bullish undercurrent. Similarly, the 20 EMA trajectory from $0.00010589 to $0.00010729 also supports the bullish sentiment as it underlies the price action.
The Moving Average Convergence Divergence (MACD) values show a consistent increase in the MACD line over the signal line, with the histogram also confirming increasing bullish momentum. However, the slight decrease in the histogram in the latest data point may suggest a tempering of momentum, warranting cautious observation for potential shifts.
In terms of resistance, the pair faces immediate hurdles at $0.00011156 and $0.00011164, with a significant barrier at $0.0001139. Breaking these levels could confirm a stronger bullish push. Conversely, support levels at $0.00010739 and $0.00010707 play a critical role in holding the price from potential downturns, with a more robust support at $0.00010449.
The Relative Strength Index (RSI) presents values oscillating between 56.76 and 60.90, which situates the market sentiment in a moderately bullish zone without entering the overbought territory. This suggests there is room for upward movement without immediate reversal pressures. #LUNC #TrendingPredictions $LUNC #LUNA
The full analysis and trade strategy was originally posted on ecoinimist.com.
As of the recent trading sessions, the Luna Classic price has shown a pattern of gradual upward movement, making a notable attempt to breach key resistance levels. The closing prices have incrementally climbed from $0.00010814 to a peak of $0.00011037 before slightly receding to $0.00010981, suggesting a potential buildup towards a breakout.
The technical indicators on the 4-hour chart provide further insights into the market dynamics. The 9 Exponential Moving Average (EMA) has steadily increased from $0.00010795 to $0.00010923, consistently sitting below the closing prices and indicating a bullish undercurrent. Similarly, the 20 EMA trajectory from $0.00010589 to $0.00010729 also supports the bullish sentiment as it underlies the price action.
The Moving Average Convergence Divergence (MACD) values show a consistent increase in the MACD line over the signal line, with the histogram also confirming increasing bullish momentum. However, the slight decrease in the histogram in the latest data point may suggest a tempering of momentum, warranting cautious observation for potential shifts.
In terms of resistance, the pair faces immediate hurdles at $0.00011156 and $0.00011164, with a significant barrier at $0.0001139. Breaking these levels could confirm a stronger bullish push. Conversely, support levels at $0.00010739 and $0.00010707 play a critical role in holding the price from potential downturns, with a more robust support at $0.00010449.
The Relative Strength Index (RSI) presents values oscillating between 56.76 and 60.90, which situates the market sentiment in a moderately bullish zone without entering the overbought territory. This suggests there is room for upward movement without immediate reversal pressures. #LUNC #TrendingPredictions $LUNC #LUNA
The full analysis and trade strategy was originally posted on ecoinimist.com.
#LUNA FIRST TP DONE
LIVERehankinG crypto
--
Bullish
#LUNA 🔥
Spot call 🔥🔥🔥
Entry price ZONE 0.66/0.65
TP
0.67
0.68
0.69
0.72
0.75
0.77
0.8
dont use over wallat in one trade b careful stay strong 📈
join my paid grup 03466421413
Spot call 🔥🔥🔥
Entry price ZONE 0.66/0.65
TP
0.67
0.68
0.69
0.72
0.75
0.77
0.8
dont use over wallat in one trade b careful stay strong 📈
join my paid grup 03466421413
#LUNA 🔥
Spot call 🔥🔥🔥
Entry price ZONE 0.66/0.65
TP
0.67
0.68
0.69
0.72
0.75
0.77
0.8
dont use over wallat in one trade b careful stay strong 📈
join my paid grup 03466421413
Spot call 🔥🔥🔥
Entry price ZONE 0.66/0.65
TP
0.67
0.68
0.69
0.72
0.75
0.77
0.8
dont use over wallat in one trade b careful stay strong 📈
join my paid grup 03466421413
Key support between 0.61 and 0.62. #LUNA in accumulation right now, aiming for stars. keep an eye on this gem.
#bitcoinhalving #BullorBear #LUNA🔥🔥🔥
#bitcoinhalving #BullorBear #LUNA🔥🔥🔥
8 Cryptocurrencies That Will Soar in 2024
🔎Bitcoin
In general, the state of Bitcoin in the year 2024 is unpredictable. Although there are elements that contribute to expansion, obstacles nevertheless persist.
🔎BNB
With its potential for greater acceptance and its usefulness inside the expanding Binance ecosystem, $BNB seems to have a bright future. But it's critical to keep up with changes in regulations and market competitiveness.
🔎Cardano
Taking aim at the issues with Ethereum and Bitcoin's scalability, sustainability, and security, Cardano presents itself as a blockchain platform for the future.
🔎Solana
Thanks to its expanding ecosystem and cutting-edge technologies, Solana might see massive development in the year 2024. However, in order to succeed in the long run, you must handle issues with network stability and learn to navigate the competitive environment. $ADA
🔎Polkadot
Polkadot is well-positioned for long-term development because to its emphasis on a healthy ecosystem and its features that facilitate interoperability. The key to its success, however, will be successfully navigating the regulatory and competitive landscapes.
🔎Avalanche
In sum, Avalanche's bold consensus process and emphasis on an expanding ecosystem provide promising expansion opportunities in the year 2024. Achieving success in the long run, however, requires attending to security problems, dealing with competition, and understanding the regulatory environment.
🔎Chainlink
When it comes to smart contracts' ability to engage with the physical world, Chainlink's decentralized oracle network is vital. In the long run, LINK's development may be propelled by further collaborations, integration with additional blockchains, and greater usage of DeFi.
🔎Terra (LUNA)
Terra (LUNA) had a major collapse in May 2022, and that much is true. A chain reaction brought down UST and $LUNA when its algorithmic stablecoin, TerraUSD (UST), decoupled from the US currency. Since then, the project has gone bankrupt, leaving Terra's future up in the air.
#BTC #BNB #LUNA #SOL
🔎Bitcoin
In general, the state of Bitcoin in the year 2024 is unpredictable. Although there are elements that contribute to expansion, obstacles nevertheless persist.
🔎BNB
With its potential for greater acceptance and its usefulness inside the expanding Binance ecosystem, $BNB seems to have a bright future. But it's critical to keep up with changes in regulations and market competitiveness.
🔎Cardano
Taking aim at the issues with Ethereum and Bitcoin's scalability, sustainability, and security, Cardano presents itself as a blockchain platform for the future.
🔎Solana
Thanks to its expanding ecosystem and cutting-edge technologies, Solana might see massive development in the year 2024. However, in order to succeed in the long run, you must handle issues with network stability and learn to navigate the competitive environment. $ADA
🔎Polkadot
Polkadot is well-positioned for long-term development because to its emphasis on a healthy ecosystem and its features that facilitate interoperability. The key to its success, however, will be successfully navigating the regulatory and competitive landscapes.
🔎Avalanche
In sum, Avalanche's bold consensus process and emphasis on an expanding ecosystem provide promising expansion opportunities in the year 2024. Achieving success in the long run, however, requires attending to security problems, dealing with competition, and understanding the regulatory environment.
🔎Chainlink
When it comes to smart contracts' ability to engage with the physical world, Chainlink's decentralized oracle network is vital. In the long run, LINK's development may be propelled by further collaborations, integration with additional blockchains, and greater usage of DeFi.
🔎Terra (LUNA)
Terra (LUNA) had a major collapse in May 2022, and that much is true. A chain reaction brought down UST and $LUNA when its algorithmic stablecoin, TerraUSD (UST), decoupled from the US currency. Since then, the project has gone bankrupt, leaving Terra's future up in the air.
#BTC #BNB #LUNA #SOL
Cryptocurrencies That Will Soar in 2024
🔎Bitcoin
In general, the state of Bitcoin in the year 2024 is unpredictable. Although there are elements that contribute to expansion, obstacles nevertheless persist.
🔎BNB
With its potential for greater acceptance and its usefulness inside the expanding Binance ecosystem, $BNB seems to have a bright future. But it's critical to keep up with changes in regulations and market competitiveness.
🔎Cardano
Taking aim at the issues with Ethereum and Bitcoin's scalability, sustainability, and security, Cardano presents itself as a blockchain platform for the future.
🔎Solana
Thanks to its expanding ecosystem and cutting-edge technologies, Solana might see massive development in the year 2024. However, in order to succeed in the long run, you must handle issues with network stability and learn to navigate the competitive environment. $ADA
🔎Polkadot
Polkadot is well-positioned for long-term development because to its emphasis on a healthy ecosystem and its features that facilitate interoperability. The key to its success, however, will be successfully navigating the regulatory and competitive landscapes.
🔎Avalanche
In sum, Avalanche's bold consensus process and emphasis on an expanding ecosystem provide promising expansion opportunities in the year 2024. Achieving success in the long run, however, requires attending to security problems, dealing with competition, and understanding the regulatory environment.
🔎Chainlink
When it comes to smart contracts' ability to engage with the physical world, Chainlink's decentralized oracle network is vital. In the long run, LINK's development may be propelled by further collaborations, integration with additional blockchains, and greater usage of DeFi.
🔎Terra (LUNA)
Terra (LUNA) had a major collapse in May 2022, and that much is true. A chain reaction brought down UST and $LUNA when its algorithmic stablecoin, TerraUSD (UST), decoupled from the US currency. Since then, the project has gone bankrupt, leaving Terra's future up in the air.
#BTC #BNB #LUNA #SOL
🔎Bitcoin
In general, the state of Bitcoin in the year 2024 is unpredictable. Although there are elements that contribute to expansion, obstacles nevertheless persist.
🔎BNB
With its potential for greater acceptance and its usefulness inside the expanding Binance ecosystem, $BNB seems to have a bright future. But it's critical to keep up with changes in regulations and market competitiveness.
🔎Cardano
Taking aim at the issues with Ethereum and Bitcoin's scalability, sustainability, and security, Cardano presents itself as a blockchain platform for the future.
🔎Solana
Thanks to its expanding ecosystem and cutting-edge technologies, Solana might see massive development in the year 2024. However, in order to succeed in the long run, you must handle issues with network stability and learn to navigate the competitive environment. $ADA
🔎Polkadot
Polkadot is well-positioned for long-term development because to its emphasis on a healthy ecosystem and its features that facilitate interoperability. The key to its success, however, will be successfully navigating the regulatory and competitive landscapes.
🔎Avalanche
In sum, Avalanche's bold consensus process and emphasis on an expanding ecosystem provide promising expansion opportunities in the year 2024. Achieving success in the long run, however, requires attending to security problems, dealing with competition, and understanding the regulatory environment.
🔎Chainlink
When it comes to smart contracts' ability to engage with the physical world, Chainlink's decentralized oracle network is vital. In the long run, LINK's development may be propelled by further collaborations, integration with additional blockchains, and greater usage of DeFi.
🔎Terra (LUNA)
Terra (LUNA) had a major collapse in May 2022, and that much is true. A chain reaction brought down UST and $LUNA when its algorithmic stablecoin, TerraUSD (UST), decoupled from the US currency. Since then, the project has gone bankrupt, leaving Terra's future up in the air.
#BTC #BNB #LUNA #SOL
8 Cryptocurrencies That Will Soar in 2024
🔎Bitcoin
In general, the state of Bitcoin in the year 2024 is unpredictable. Although there are elements that contribute to expansion, obstacles nevertheless persist.
🔎BNB
With its potential for greater acceptance and its usefulness inside the expanding Binance ecosystem, $BNB seems to have a bright future. But it's critical to keep up with changes in regulations and market competitiveness.
🔎Cardano
Taking aim at the issues with Ethereum and Bitcoin's scalability, sustainability, and security, Cardano presents itself as a blockchain platform for the future.
🔎Solana
Thanks to its expanding ecosystem and cutting-edge technologies, Solana might see massive development in the year 2024. However, in order to succeed in the long run, you must handle issues with network stability and learn to navigate the competitive environment. $ADA
🔎Polkadot
Polkadot is well-positioned for long-term development because to its emphasis on a healthy ecosystem and its features that facilitate interoperability. The key to its success, however, will be successfully navigating the regulatory and competitive landscapes.
🔎Avalanche
In sum, Avalanche's bold consensus process and emphasis on an expanding ecosystem provide promising expansion opportunities in the year 2024. Achieving success in the long run, however, requires attending to security problems, dealing with competition, and understanding the regulatory environment.
🔎Chainlink
When it comes to smart contracts' ability to engage with the physical world, Chainlink's decentralized oracle network is vital. In the long run, LINK's development may be propelled by further collaborations, integration with additional blockchains, and greater usage of DeFi.
🔎Terra (LUNA)
Terra (LUNA) had a major collapse in May 2022, and that much is true. A chain reaction brought down UST and $LUNA when its algorithmic stablecoin, TerraUSD (UST), decoupled from the US currency. Since then, the project has gone bankrupt, leaving Terra's future up in the air.
#BTC #BNB #LUNA #SOL
🔎Bitcoin
In general, the state of Bitcoin in the year 2024 is unpredictable. Although there are elements that contribute to expansion, obstacles nevertheless persist.
🔎BNB
With its potential for greater acceptance and its usefulness inside the expanding Binance ecosystem, $BNB seems to have a bright future. But it's critical to keep up with changes in regulations and market competitiveness.
🔎Cardano
Taking aim at the issues with Ethereum and Bitcoin's scalability, sustainability, and security, Cardano presents itself as a blockchain platform for the future.
🔎Solana
Thanks to its expanding ecosystem and cutting-edge technologies, Solana might see massive development in the year 2024. However, in order to succeed in the long run, you must handle issues with network stability and learn to navigate the competitive environment. $ADA
🔎Polkadot
Polkadot is well-positioned for long-term development because to its emphasis on a healthy ecosystem and its features that facilitate interoperability. The key to its success, however, will be successfully navigating the regulatory and competitive landscapes.
🔎Avalanche
In sum, Avalanche's bold consensus process and emphasis on an expanding ecosystem provide promising expansion opportunities in the year 2024. Achieving success in the long run, however, requires attending to security problems, dealing with competition, and understanding the regulatory environment.
🔎Chainlink
When it comes to smart contracts' ability to engage with the physical world, Chainlink's decentralized oracle network is vital. In the long run, LINK's development may be propelled by further collaborations, integration with additional blockchains, and greater usage of DeFi.
🔎Terra (LUNA)
Terra (LUNA) had a major collapse in May 2022, and that much is true. A chain reaction brought down UST and $LUNA when its algorithmic stablecoin, TerraUSD (UST), decoupled from the US currency. Since then, the project has gone bankrupt, leaving Terra's future up in the air.
#BTC #BNB #LUNA #SOL
