LUNC Price Prediction: Can Channel Pattern Lead to a Spike Beyond $0.000075?

The cryptocurrency market’s present bearish sentiment and increasing FUD have extended the correction trend of many coins in September too, with the LUNC coin being no exception. The altcoin’s daily chart shows a subtle yet consistent decline. Over the last three weeks, Terra Classic coin price has delineated a set of consecutive lower highs and lower lows, comfortably nestled between two parallel trend lines. These trendlines aren’t just mere visual guides; they represent dynamic support and resistance and sketch out the blueprint of a falling channel pattern.