Although the price of Terra Classic (LUNC) briefly skyrocketed after Binance announced its support for the Terra network upgrade, it has been recording declines in recent days, and machine algorithms do not predict things to get any better by the end of August.
Indeed, the advanced machine learning algorithms deployed on the cryptocurrency monitoring and forecasting platform PricePredictions have projected that Terra Classic would trade at $0.000076 on August 31, 2023, according to the latest data retrieved on August 2.
Terra Classic 30-day price forecast. Source: PricePredictions
As per the above prediction, based on indicators such as average true range (ATR), relative strength index (RSI), moving average convergence divergence (MACD), and others, the rebranded native coin of the disgraced Terra (LUNA) ecosystem could drop its price by 5.66% compared to its present situation.
Terra Classic price analysis
At press time, Terra Classic was changing hands at the price of $0.000803, sugge
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