Most of 2024 has been spent in the crypto market with a strong rally, except for a brief period of decline. However, late February and early March witnessed the most dramatic annual increases ever seen in the prices of many cryptocurrencies. Terra Classic (LUNC) also managed to get its share of this rise.
As Koinfinans.com reported, while meme coins took the lead in the rally, many investors still continue to focus on Bitcoin. BTC attracted attention by reaching an all-time high with an increase of over $ 15,000 in a short time.
This bull run also deeply affected the price of Terra Classic. LUNC, rising sharply in late February and early March to $0.00022. As a result, the price reached the highest level in more than a year after a brief increase in December.
However, it remains unclear whether LUNC will continue its upward trend until the end of March. Using their AI-powered algorithms, prediction platforms predict that Terra Classic will likely continue its uptrend. However, it is important to be careful with these predictions and sudden movements in the market should be taken into account. Because the forecasts are updated instantly according to market conditions.
Technical analysis provided by TradingView also seems to support these predictions. Terra Classic’s recent performance leads to the token being rated as a “strong buy” overall.
