Terra Luna Classic (LUNC) price is up 1.7% in the last 24 hours to trade at $0.00006622

This weekly LUNC/USDT chart spans from 2023 to 2025, with some key levels and indicators marked up. LUNC hit a high of $0.000648 sometime before 2023 and then tanked hard, finding a low at $0.0000466 around late-2024.

Terra Luna Classic (LUNC) price rose by 1.7% in the last 24 hours to trade at $0.00006622 on Tuesday morning, on a 2.5% jump in daily trading volume to $16.6 million.

The LUNC chart looks primed, and the buzz around the asset is getting louder. Is now the best time to buy LUNC, or is the market just getting caught up in the hype?

What’s Up with Terra Luna Classic (LUNC)?

Terra Luna Classic (LUNC) is the original Luna token from the Terra blockchain before the whole ecosystem went through a wild rebrand after its infamous collapse in May 2022. Back then, Terra’s algorithmic stablecoin UST lost its peg, and Luna, which was supposed to stabilize it, crashed. The fallout was brutal—billions wiped out, and the community was left picking up the pieces.

Fast forward to 2025, and LUNC is still kicking, thanks to a dedicated community and some serious efforts to rebuild. The Terra Classic chain is now focused on burning LUNC tokens to reduce supply and, hopefully, pump the price. The burn mechanism, along with staking and governance updates, has kept LUNC in the game, even as the new Terra (LUNA) took the spotlight.

As of today, May 23, 2025, LUNC is trading at $0.00006622, a 3.1% increase in the last week. The chart is showing some patterns that could mean big moves are coming, so let’s dive into the technicals and see if LUNC is ready to moon.

Terra Luna Classic Price Analysis — LUNC Flashes Bullish Signs

This weekly LUNC/USDT chart spans from 2023 to 2025, with some key levels and indicators marked up. LUNC hit a high of $0.000648 sometime before 2023 and then tanked hard, finding a low at $0.0000466 around late-2024. That’s the “Low” marked on the chart.

Since then, the price has been trending in a range between $0.0000466 (support) and 0.000200 (resistance). There’s a massive resistance zone between $0.000200 and 0.000648, which LUNC hasn’t touched since its glory days. That’s the yellow shaded area at the top of the chart, and it’s where the 895% gains prediction comes from. If LUNC breaks out, it could hit that zone.

The chart has one simple moving average (SMA): a green one (50-day), which is currently above the price at $0.00008438, which is a bearish sign.

There are red arrows marking rejection points at the resistance level (around $0.000200) in 2023, 2024, and early 2025. LUNC tried to break out but got smacked down each time.

The green arrows show buy signals at the support level (around $0.0000466), where the price bounced back up. The most recent bounce was in early 2025, and the price is now hovering just above that support.

Indicators Support a Bullish Narrative

At the bottom, there are two momentum indicators. The relative strength index (RSI) (purple) and the Chaikin Money Flow (CMF) (green). The RSI is at 45.13, which is neutral—not overbought or oversold, showing there is still room for an upward rally.

The CMF is trending downward, which means capital is flowing out of the Terra Luna Classic asset, suggesting the price might be cooling off before its next move.

The chart suggests that if LUNC breaks above the 50-day SMA resistance at $0.00008438, it could target the next major zone at $0.000200. Beyond that, it would skyrocket to $0.000648.

Starting from the current price of $0.0000622, a move to $0.000200 would be a 253% gain, and a move to $0.000648 would be the 895% gain mentioned in the title.

Is This The Best Time to Buy LUNC?

The price is sitting near the support level at $0.0000466, which has held strong multiple