LUNC Price Reclaims $0.0001 After Sell-Off—Can a Short Squeeze Push It to $0.00012?
The post LUNC Price Reclaims $0.0001 After Sell-Off—Can a Short Squeeze Push It to $0.00012? appeared on BitcoinEthereumNews.com. The post LUNC Price Reclaims $0.0001 After Sell-Off—Can a Short Squeeze Push It to $0.00012? appeared first on Coinpedia Fintech News Terra Classic has gained immense attention in the past few days as the price triggered a sudden rise of close to 190%. Although the volume behind the surge was below the average levels, it hinted towards a rise in the traders’ participation. Currently, the LUNC price has staged a strong recovery after a brief pullback, reclaiming the crucial $0.0001 level and reviving a strong bullish momentum. On the other hand, the current upswing seems to be backed by a strong spot accumulation, which may further lead to a short squeeze. With this, the question arises whether the LUNC price will rise above the pivotal resistance at $0.00014. LUNC Price Gearing for a Sharp Recovery As seen in the daily chart, LUNC is attempting to break abo