LUNC Burns Spike 74%, But Technical Price Setup Dims Hope

All of Terra Luna Classic’s (LUNC) key moving averages are now flashing a ‘strong sell’ sign. This includes the daily, weekly and monthly moving averages, constituting very slow trading action for LUNC so far this year. Moreover, LUNC’s price is currently trailing behind all three key Bollinger Bands (BOLL), with $0.00003856 being the decisive point in the near-term. $0.00003657 stood as the lowest-tier support level, so LUNC is now trading outside the structure, upping the odds of a further dip. Market Dwindles Below $3T; LUNC Volumes Flat With the general crypto markets tumbling below $3 trillion for the first