This article discusses the current price predictions for three cryptocurrencies: Terra Luna Classic (LUNC), Monero (XMR), and Litecoin (LTC).
The LUNC token has experienced a downward trend in recent months, reaching its lowest point since December 2023. It is currently below the 50-week and 25-week moving averages and has formed a falling triangle pattern, indicating a bearish market outlook. The next point to watch for LUNC is its all-time low at $0.0000355.
On the other hand, Monero has seen positive growth as it surpassed a key resistance level and remained above the 50-week and 25-week Exponential Moving Averages (EMA). The MACD and RSI indicators are also rising, suggesting bullish momentum. The next resistance level to watch for Monero is at $310.
Litecoin has faced pressure in line with the overall decline in altcoins but has remained above the 60-week moving average. It is currently forming a bullish pennant pattern, and a small hammer pattern indicates the possibility of a reversal. If this reversal occurs, the next level to watch for Litecoin is $150. The potential approval of a Litecoin ETF by the SEC could also contribute to increased interest in the coin.
Overall, this article provides insights into the current market trends and price predictions for these cryptocurrencies.
Content Editor ( invezz.com )
- 2025-02-06
Crypto price predictions: Terra Luna Classic, Monero, Litecoin
