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Terra Classic (LUNC) Rises 1.32%, Underperforms the Crypto Market Friday

Friday, December 09, 2022 06:54 AM | InvestorsObserver Analysts
Terra Classic (LUNC) Rises 1.32%, Underperforms the Crypto Market Friday

Terra Classic (LUNC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Friday, the Digital Money has advanced 1.32% to $0.000172043899.

volatility - 48
InvestorsObserver is giving Terra Classic a 48 Volatility Rank. Find out what this means to you and get the rest of the rankings on Terra Classic!

Moderately Volatile

InvestorsObserver gives Terra Classic a moderate volatility rank of 48, placing it in the bottom 48% of cryptos on the market.

The Volatility Gauge takes into account this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. LUNC's moderate volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.

Terra Classic price is in a favorable position going forward. With support set at $0.000163314110791345 and resistance near $0.000175792756449465. This leaves Terra Classic with room to run before facing selling pressures.

What is a Coin?

A coin is a cryptocurrency that exists on its own blockchain. these are typically used for payments. Depending on the cryptocurrency, what those payments are used for may vary from general use in the Digital Money sub-class to more specific uses in some other sub-classes.

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