Binance Thailand is ready to checklist Luna Traditional (LUNC) on June eleventh, 2024, at 2:00 PM Bangkok time (9:00 AM EST), in response to crypto influencer Mr. Diamondhandz1. This itemizing coincides with a particular occasion for the LUNC neighborhood.
UPDATE: #Binance Thai will checklist $LUNC on June eleventh, 2024 at 14:00 GMT+7 ( 9 AM EST), and publicizes a particular occasion ONLY for the #LUNC neighborhood.
This comes in the future earlier than the SEC, TFL settlement is introduced on June twelfth and in addition the FOMC assembly. 😉💎🤲🏻 #Crypto #LunaClassic pic.twitter.com/hNvd5L6lYa
— Mr. Diamondhandz1💎 (@MrDiamondhandz1) June 9, 2024
The itemizing comes only a day earlier than the anticipated announcement of the SEC and Terraform Labs (TFL) settlement, which coincides with the Federal Open Market Committee (FOMC) assembly on June twelfth. Crypto commentator Hailey LUNC suggests these occasions might spark important worth actions, doubtlessly pushing LUNC nearer to $1.
#LunaClassic to $1 #LUNC ،🚀🌕 pic.twitter.com/upkte8j1W1
— Hailey LUNC ✳️ (@TheMoonHailey) June 10, 2024
Luna Traditional presently trades at $0.0001063, up a modest 0.13% within the final day. Its market capitalization sits round $615.73 million, reflecting ongoing funding.
Nonetheless, the 24-hour buying and selling quantity has dropped by 23.63% to $16.54 million. This implies both a consolidation section or diminished buying and selling exercise, probably as traders await the end result of upcoming occasions.
The $0.0001060 stage has repeatedly supplied assist, with costs bouncing again from it a number of occasions. A drop under this might see consumers emerge on the subsequent assist stage of $0.0001055.
On the resistance entrance, $0.0001070 has confirmed to be a major barrier, the place sellers are inclined to take earnings. Ought to the value surpass this, the subsequent resistance stage is at $0.0001080, a psychological milestone reflecting earlier highs throughout the day.
Fluctuations are closely noticed from LUNC, with values oscillating between an area excessive and a really tight buying and selling vary. This volatility additionally explains the excessive buying and selling quantity however on the similar time, it exhibits that there’s extra battling between consumers and sellers in relation to the present costs. The discount of buying and selling quantity by 23.63% might imply a consolidation section or a precursor to a serious directional motion which may both be up or down.
LUNC/USD 1-day worth chart, Supply: Buying and selling view
Moreover, the Relative Energy Index (RSI) for LUNC on the 1-day timeframe reads 42.90. This stage means that the cryptocurrency is approaching oversold situations, but it hasn’t reached a degree that sometimes alerts a powerful shopping for alternative. Moreover, the Transferring Common Convergence Divergence (MACD) buying and selling under the sign line signifies bearish short-term momentum.
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