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Analyst Reveals: What Will Trigger a 555% Big Pump in LUNC?
Renowned crypto analyst Javon Marks pointed out in his recent post on X (formerly Twitter) that a bullish structure is forming on the price chart of Terra Classic (LUNC). Marks' analysis suggests that LUNC has recently broken out of a significant consolidation pattern and is currently confirming bullish signals through volume trends and price divergence.
He emphasized that this trend reversal could drive the LUNC price surge over 555%, targeting a price level of $0.0004295. He added that based on similar patterns in the past, this rise may happen faster than many expect.
Previously, Marks predicted that LUNC has the potential for a larger rise (about 590%) and pointed out that the technical structure of this token is completely different from many altcoins currently on the market.
Market Divergence: Will LUNC Break Out Immediately?
Despite the renewed optimism, not everyone believes a breakthrough is imminent. Another analyst raised concerns about LUNC's recent rise being relatively slow compared to other altcoins that have surged , suggesting that its short-term explosive potential may be lacking.
LUNC Community Confidence and Current Price Opportunities
However, supporters of Terra Classic (including the Russian cryptocurrency community) remain optimistic. The token has risen 10% this week, and the current price is about 10% lower than its three-year high. Many investors, especially those focused on the long-term potential and buying opportunities of LUNC, view this price range as a good accumulation opportunity.
LUNC Burn and Staking Trends Shaping Market Sentiment
LUNC is still one of the most deflationary Crypto Assets in circulation. Its weekly token burn amount has surpassed 365 million coins, driving the cumulative burn total to exceed 41.3 billion coins. Token burning directly reduces market supply, which helps support prices when demand rises. At the same time, the participation level in staking activities is also a key indicator for the Russian and global community to measure the health of the project and the confidence of holders.