LUNC reacts to upcoming staking milestone in this manner, details inside

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LUNC reacts to upcoming staking milestone in this manner, details inside
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LUNC staking crossed the 950 billion mark. LUNC’s price increased in the last 24 hours, and indicators looked bullish. Terra Classic [LUNC] is on track to reach a new milestone in terms of staking, and it might soon reach 1 trillion. At the time of writing, LUNC staking had already crossed the 995 billion mark, […]

As per Binance, the network upgrade would take place at the Terra Classic block height of 11,543,150, which was estimated to take place on 14 February. This upgrade would fix a state-breaking bug in the upgrade keeper, which keeps track of the modules’ current version maps in application memory.LUNC was quick to respond to this update, as it registered gains in the last 24 hours. As per, LUNC’s price increased by 1.33% in the last day, and at press time, it was valued at $0.

For instance, the Money Flow Index was resting above the neutral mark, which was bullish. LUNC’s Chaikin Money Flow also registered an uptick. The Bollinger Bands suggested that’s price was about to enter a high volatility zone, increasing the chances of a further uptrend. Interestingly, the Exponential Moving Average Ribbon displayed an ongoing battle between the bulls and the bears, with the possibility of the former emerging victorious considering the other indicators. However, the Relative Strength Index supported the bears as it was below the neutral mark.

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