LUNC price pierces key resistance like 410 billion milestones nearby

Classic Token Terra Luna Classic crossed the crucial level of resilience notices two key milestones in his network.

Terra Luna Classic (Beast) The price rose to High 0.00006430, the highest level of 28. Marta. He jumped for almost 40% of the lowest level this year.

Ustkreint can continue how the network combustion rate is accelerated. According to Lunc Metrics, the network burned 205.3 million tokens in the last seven days. From May 2022. year, Lunc had burned a total of 408.2 billion tokens, bringing circulating offers to 5.45 trillion. If this tempo continues, the total burns are expected to order 410 billion early next month.

Extra Lunc Tokens are expected to be burned next week if Bynance explicited his monthly combustion. The stock market appeared as a leading luna combustor, destroying over 72 billion tokens. Binance contributes to the combustion of 50% of its places and margins of merchant compensation related to Lunc.

The actual number of tokens burned fluctuates based on the scope of trading each month. For example, at the beginning of this month, bynance burnt 521.9 million tokens, compared to 760 million in the previous month.

More Luca owners is also a token stop. There are currently more than 1,038 trillion lust, approximately 15% of circulating offers. This is a significant increase of 13% on the same day last year.

Technical analysis of prices Ljenca

The daily shows that Lunz bounced hard in recent days. This move followed the decline in the key level of support to $ 0.0057, which previously acted as support in July, August, February and March. The token now moved above the descending trendline that connects the most swing points from 20. January, undoing the descending triangular pattern that formed.

In addition, LUNC price moved over the 50-day average movement. It is applicable that the great oscillator and MACD indicators moved above the zero line, continuing to display the exemplary pattern of the bakery.

If this momentum has, the sticky price could be gathered at the next levels of the key resistance to 0.0001 USD, which represents 60% gain from the current level.