Will LUNC’s 12% growth drive bulls?
The Luna Classic futures market has also jumped from 2 million to 2.4 million transactions with a sharp increase in the number of Open Ierests by 5.89% in the last 24 hours. In addition, Luna Classic’s funding rate is positive, indicating good scope for buyers to take more profits in the short term.
It remains to be seen if the uptrend in Luna Classic can coinue, or if it will face resistance and stabilize in a small trading range. As with all cryptocurrency investmes, it is imperative for traders to exercise caution and do thorough research before making any decisions.
