This article discusses the current price of Terra Classic (LUNC) and the technical levels that may influence future price movements in May 2025.
Current Price and Resistance Level
Terra Classic (LUNC) is trading around $0.000062, with a resistance level at $0.00006440 capping upside momentum.
Formation of Rising Wedge Pattern
On shorter timeframes, a rising wedge pattern appears to be forming with visible demand between $0.000059 and $0.000060. If this support breaks, the price may revisit the $0.0000591 liquidity zone. Reclaiming $0.0000645 remains critical for any upward push.
Outlook for May 2025
Looking at daily and weekly charts suggests possible range-bound movements or a reversal in prices for May 2025. A successful breakout above $0.0000645 could target levels around $0.00006750.
The situation with Terra Classic remains tense, with key support and resistance levels that will determine the future price movements in the short term.