As the new year unfolds, investors of most cryptocurrencies will be hoping specific assets will rally to reclaim lost glory. One such token is Terra Classic (LUNC), the original chain of the collapsed Terra (LUNA) ecosystem.
Notably, following the scandalous collapse, the LUNC community has implemented different strategies combined with the overall crypto sector support in an attempt to regain previous highs. Indeed, the initiatives are aimed at helping LUNC rally with the assets flashing signs upwards trajectory over the last year.
Consequently, the machine learning-based algorithms at PricePredictions project that LUNC would likely undergo a minor rally for the better part of January. In particular, the platform predicts that LUNC will trade at $0.000155 on January 31, 2023. The 30-day price forecast represents gains of about 0.8% from the asset’s value at the time of publishing.
The price prediction is based on indicators such as moving average (MA), relative strength index
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