TerraClassic and Binance collaborate to send LUNC to the moon: Details inside
Source: SantimentDespite the recent negative price action, LUNC’s daily chart remained mostly bullish. The Exponential Moving Average Ribbon displayed a bullish crossover as the 20-day EMA flipped the 55-day EMA.’s Chaikin Money Flow registered an uptick and was heading above the neutral mark, which was bullish. Moreover, LUNC’s price entered a slightly high volatility zone, as suggested by the Bollinger Bands.
The Money Flow Index also remained well above the neutral mark, further increasing the chances of an uptrend in the near term. However, the MACD revealed that bulls had the upper hand in the market, but things might take a U-turn as there was a possibility of a bearish crossover.Subscribe to get it daily in your inbox.
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