• Terra Classic (LUNC) is trading around the $0.000170 resistance level, and recent bullish trends suggest that the price may break to the upside.
• If the bulls push the market price above the 9-day MA, the nearest resistance may be located around $0.000200.
• The Terra Classic price may create more bullish trends once the bearish movement is over, and this is noticeable as the technical indicator Relative Strength Index (14) is moving towards the 60-level.

The Terra Classic (LUNC) market has been trading around the $0.000170 resistance level and recent bullish trends suggest that the price may break to the upside. According to data provided by Coinmarketcap, the coin has a market capitalization of over $1 billion and a circulating supply of 5.9 trillion tokens. The total supply of LUNC tokens is 6.8 trillion.

In terms of technical analysis, the Terra Classic price is currently trading within the 9-day and 21-day moving averages. If the bulls push the market price above the 9-day MA, the nearest resistance may be located around $0.000200. Moreover, if the market increases, additional resistance can be found above the upper boundary of the channel.

It is also worth noting that the technical indicator Relative Strength Index (14) is moving towards the 60-level, which suggests that the Terra Classic price may create more bullish trends once the bearish movement is over. This could lead the coin to a serious breakout if the buyers can force the market above the $0.000200 resistance level.

However, if the market falls below the 21-day moving average, it might attract more sellers in the market, which could lead the market to the lower boundary of the channel. In such a case, the nearest support levels are located at $0.000130, $0.000110 and $0.000090.

It is important to remember that the Terra Classic price is highly volatile and unpredictable. Therefore, traders should always exercise caution when trading this coin and never invest more than they can afford to lose. Furthermore, traders should keep an eye on the market news and technical analysis to ensure that they have the most up-to-date information before making any trading decisions.