The market landscape surrounding Terra Classic (LUNC) remains complex as price action continues to stagnate despite the impressive surge of Terra (LUNA). While $The market landscape surrounding Terra Classic (LUNC) remains complex as price action continues to stagnate despite the impressive surge of Terra (LUNA). While $

Best Crypto to Buy Now or Sell – Terra Classic Price Prediction

Best Crypto to Buy Now or Sell - Terra Classic Price Prediction

The market landscape surrounding Terra Classic (LUNC) remains complex as price action continues to stagnate despite the impressive surge of Terra (LUNA). While $LUNA recently rallied past the $0.23 mark, its momentum has not translated into strength for Terra Classic.

Instead, the widening gap between the two assets raises concerns that a deeper rally in $LUNA could eventually exert downward pressure on $LUNC once profit-taking begins.

The current challenge lies in Terra Classic’s inability to break through key resistance between $0.000066 and $0.000068, an area that has repeatedly capped upward movement. Without a strong breakout supported by high volume, the price remains vulnerable.

This changing setup also influences the Terra Classic price prediction outlook, guiding traders who are weighing whether $LUNC might be the best crypto to buy now or sell as momentum shifts.

Do Kwon Sentenced to 15 Years: What This Means for Terra Investors

Terra Classic and Terra 2.0 have experienced one of their most significant rallies in months, as both tokens surged amid speculation and renewed focus on key developments within the Terra ecosystem.

Despite remaining nearly 100% below their all-time highs, the recent upswing has reignited interest among traders who had previously dismissed these assets.

A major catalyst behind the renewed activity is the U.S. court proceedings involving Terra co-founder Do Kwon, who faced wire fraud and conspiracy charges linked to the 2022 collapse of the UST stablecoin, a collapse that wiped out roughly $40 billion in value.

After more than three and a half years, Do Kwon has pleaded guilty to fraud and received a 15-year prison sentence. For short-term traders, this sentencing represents a critical moment that could either sustain the rally or prompt a sharp reversal depending on market reactions.

Source – Cilinix Crypto YouTube Channel

Terra Classic Price Prediction

Despite holding its ground without significant breakdowns, the asset still lacks the strong technical confirmation needed to shift its trend upward.

For Terra Classic to stage a meaningful rally toward potential targets such as $0.00009 or even $0.00010, three crucial factors must align: rising spot volume, increasing open interest driven by new longs, and supportive funding rates.

At present, only one of these conditions, negative funding rates, is working in the asset’s favor, suggesting possible short-squeeze conditions but not enough momentum for a sustainable breakout.

Unless trading activity expands and open interest begins to climb, the price is more likely to drift gradually downward. Key support areas lie near $0.000052, followed by $0.000046 and $0.000044 if weakness persists.

Without a decisive break above the $0.000066 to $0.000068 resistance region backed by strong volume, a continuation of sideways movement followed by a slow pullback remains the more probable scenario for $LUNC in the short term.

Upcoming Terra Upgrades Could Boost Confidence in LUNA and LUNC

Behind the headlines, both Terra chains have been implementing significant network upgrades.

Terra 2.0 launched its v2.18 update on December 8, bringing enhanced security measures, improved interoperability with the Cosmos ecosystem, and a stronger connection between $LUNA and USTC. These developments provided a solid foundation for the token’s recent breakout.

Meanwhile, Terra Classic’s community began voting on the v3.6.1 upgrade proposal, which aims to update the Terrad client, fix issues with legacy contracts, and expand CosmWasm smart contract functionality.

With over 99% of votes in favor at the time of voting, the upgrade is set to go live on December 18. Validators have already tested the release candidate on the Rebel-2 testnet, increasing confidence in a smooth rollout.

Top Crypto to Buy Now: Two Promising Meme Coin Presales

Given Terra Classic’s weakening momentum, declining volume, and the absence of key bullish catalysts, the probability of a strong short-term recovery remains limited. This makes it increasingly practical for investors to look beyond $LUNC and explore high-potential alternatives.

Below are two meme coin presales that are positioning themselves as more attractive options and could be among the best crypto to buy now during periods of uncertainty in established tokens.

Pepenode (PEPENODE)

Pepenode is a standout presale meme coin space, already attracting nearly $2.5 million in early investments. The project allows participants to purchase $PEPENODE, upgrade virtual mining facilities and earn meme coins through staking.

Its innovative approach combines gamification with practical utility, setting it apart from other presales in the market. Cilinix Crypto has personally invested in Pepenode, reflecting strong confidence in its growth potential and the opportunities it presents for investors.

The presale has less than 30 days remaining, offering buyers a final chance to enter at attractive prices. With its unique structure and clear roadmap, Pepenode represents the type of high-potential opportunity that makes it one of the best crypto to buy now.

As market conditions continue to improve, participation in this presale provides an exciting way to engage with the next generation of meme coin innovation. To take part in the $PEPENODE token presale, visit pepenode.io.

Bitcoin Hyper (HYPER)

Bitcoin Hyper is emerging as one of the most promising presale projects this year, having already raised close to $30 million. The project features a multi-million-dollar treasury and marketing budget, providing substantial resources for growth and promotion.

Bitcoin Hyper is building a full ecosystem that includes a wallet, blockchain explorer, bridge, staking, and even meme-related elements, making it a versatile Layer 2 solution for Bitcoin.

Its structure is designed to be simple and seamless, similar to other Layer 2 solutions like BNB Smart Chain or Base on Ethereum. Strong tokenomics, with 30% of funds allocated for marketing and listings, further enhance its potential for long-term success.

Visit Bitcoin Hyper

This article has been provided by one of our commercial partners and does not reflect Cryptonomist’s opinion. Please be aware our commercial partners may use affiliate programs to generate revenues through the links on this article.

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