Terra Classic (LUNC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Thursday, the Digital Money has lost 1.76% to $0.0001543466912.
Moderately Volatile
InvestorsObserver gives Terra Classic a moderate volatility rank of 47, placing it in the bottom 47% of cryptos on the market.
The Volatility Gauge follows meaning that one day won’t make or break its rank.
LUNC’s moderate volatility reading pairs 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 well positioned going forward. With support around $0.000150793983495902 and resistance set at $0.000156944801576543. 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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