Mathisen Marketing

Your Marketing Blog

38% Increase for Terra Classic

38% Increase for Terra Classic

As an affiliate, we may earn from qualifying purchases. We get commissions for purchases made through links on this website.

Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase

The design of the Terra classic cup and handle has not changed despite previous setbacks in the cryptocurrency market.

Buyers of the coin received a substantial support of $0.000224, which continued to act as a support base for the handle portion. However, the quick upside reversal after this support suggests that buying the dip is a new practice for market participants.

Additionally, on September 26, Terra Classic was 20% lower as selling pressure remains in the market in general. However, the revelation that the largest cryptocurrency exchange, Binance, plans to burn all the costs of spot and margin trading of Terra Classic tokens by transferring them to the LUNC burn address completely changed the unfavorable atmosphere.

Due to this unexpected increase in buyer demand, altcoin prices rose by 37%. A huge bullish candlestick covered the price action over the previous 11 days and indicated an attempt to break the resistance at $0.0003225.

On the other hand, Terra classic currency is expected to stabilize within a limited range if buyers struggle to break the $0.000322 level.

The post 38% increase on Terra Classic appeared first on Crypto Academy.

Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest Posts

  • Solana [SOL] outperforms its competitors in this area

    Solana [SOL] outperforms its competitors in this area

    Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase Despite the prevailing bear market, Solana showed an increase in the number of active addresses and transactions Its performance in the DeFi sector was not satisfactory Solana [SOL] wasn’t the best year. It received continued negative attention due to network […]

    Read More