The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice.Bitcoin situation meant early profit-taking could prove valuable[LUNC] registered gains of nearly 100% from its swing low to swing high over the past seven days. The strong buying pressure continued at the time of writing, and any dip to a support zone would likely present a low-risk, high-reward buying opportunity.
A deeper pullback to the $0.0003-level seemed possible as well. The RSI was strongly bullish, and in the overbought territory too. The OBV also rose swiftly over the past few days. In terms of risk-to-reward, it would be more sensible to wait for a pullback to the aforementioned support zones before buying Terra Classic.LUNC has gained by nearly 100% on the price chart over the past week.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Coin Coin Latest News, Coin Coin Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Shiba Inu: What investors should know after this |$3M whale actionShiba Inu’s [SHIB] trading volume jumped 49.14% in the last 24 hours, and the increase could be the impact of recent large transactions. Based on information from Etherscan, one of the top 100 Ethereum [ETH] whales made two huge transactions within the aforementioned period. The Ethereum block explorer also revealed that the two transactions summed up […]
Source: CryptoAmb - 🏆 22. / 68 Read more »
Enjin [ENJ]: Whale accumulation overflows, but can it take off the blemishEnjin Coin [ENJ] has been able to grab the attention of Ethereum [ETH] whales considering the accumulation levels in the last few days. While there had been no significant development around the ERC-115 token, it seemed to have excelled in this regard. According to WhaleStats, token purchases from the top 100 ETH whales led ENJ […]
Source: CryptoAmb - 🏆 22. / 68 Read more »
Terra Classic [LUNC] surges by 25% in a day, but should you buy the pullbackDisclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Gains of |100% in a week Pullback likely, but how deep would it be? Bitcoin situation meant early profit-taking could prove valuable Terra Classic [LUNC] registered gains of nearly 100% from its swing low to […]
Source: CryptoAmb - 🏆 22. / 68 Read more »