In response to increasing uncertainty in the crypto market, the LUNC price shows an evident sideways trend in the daily chart. The short-body candles with higher wicks reflect no initiation from buyers or sellers and a probability of prolonged consolidation. However, despite the market volatility, the traders respect an overhead resistance trendline and bottom trendline of the long-coming wedge pattern. Here’s how market participants can capitalize from this setup.
Will this Next Recovery Cycle Push LUNC Price to $0.00014?
coingape.com
13 August 2023 19:10, UTC