Technical indicators suggest that a significant upward movement may be on the horizon for Terra Luna Classic (LUNC), which has been in a bearish trend for months. According to market analysts like Javon Marks, there is potential for a strong bull rally, with projections indicating a possible 545% growth from the current price of $0.00008713.
Marks points to the Relative Strength Index (RSI) indicator as a key sign of this optimism. Despite LUNC's price depreciating, the RSI is showing an upward trend, signaling a potential divergence. This RSI divergence often indicates a likely bullish movement, suggesting that LUNC might experience short squeezes and substantial gains, even in a prolonged bear market.
