@kimmyboy2 Derek is sharing the best knowledge in the game #LUNC
Volume plays an important role in the price discovery process.
Analyzing volume patterns can provide valuable insight into the strength and sustainability of price trends.
Measures the significance of volume spikes or drops by comparing current volume to historical averages.
Past unusual trading volume can be a sign of significant price movement.
This is a very important indicator for insight into price turning points and price prediction, so it is highly reliable.
The chart below is the chart at the time of the LUNA collapse in May 2022, and as you can see, the oscillators are clearly distinguished according to the price crash section that occurred during the collapse.
This allows us to understand the extent of the amount of inventory created as the price falls, and this section can be both a very strong resistance point and a support position.
Therefore, as you can see in the chart below, LUNC has three strong resistance zones.
First, the 0.00026 ~0.00029 zone is a section where a lot of trading volume is concentrated, and if this section is recaptured, it can be expected that the acceleration section can be entered with strong energy.
Second, the 0.0026~0.0027 zone is the section where the volume oscillator is the strongest, and is considered a waiting section for a very large dumping occurrence, and a deep adjustment seems inevitable.
Third, the 0.032 to 0.036 range is considered the last C of the A, B, and C waves that will be created during the rise, and is adjacent to the large price gap. In general, there are no cases of the price gap being closed and rising further after waves A, B, and C.
I see this section as the final destination of the cycle and believe there will be a long convergence period with a very deep adjustment.
This is calculated along with the trend movement on the Votex indicator and is the sum of 14 periods of +VM=current price (absolute value)-VM=past price (absolute value)+VM14=+VM, which is called the True Range.
That is, =VI14=+VM14/TR14-VI14=-VM14/TR14
Let’s remember 0.00026~0.00029 /0.0026~0.0027/0.032~0.036
I am strongly confident that LUNC will reach the 0.03 zone in this cycle. #LUNC
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Shuttle bridge has been opened. #lunc wLuna
Dear Terra Community,
The new Shuttle Bridge interface to redeem wrapped assets is now open. Reopening the bridge allows users to send LUNC & USTC bridged to Ethereum mainnet, BNB Chain (BSC), and Harmony network back to Terra Classic.
The bridge will remain open from now until 30 days after the effective date of Terraform Lab’s chapter 11 plan, which is estimated to be on or around 30 October 2024 (based on an anticipated September 30 effective date, which is subject to change). Opening the bridge gives you the opportunity to redeem your assets and use them as you wish. Please ensure you redeem your assets as soon as possible to avoid any issues.
After the bridge closes, any user assets still in the contracts will be burned, and the bridge will be permanently shut down.
You can access the Shuttle Bridge interface here: classic-bridge.terra.money/
Users of the Terra Shuttle bridge on Terra Classic are recommended to use this opportunity to redeem their Terra Classic assets.
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Good to see that Allnodes also wants to protect this chain from potential BAD actors. LUNC has never been so united since KYC was voted in last time
BREAKING: #1 $LUNC validator #Allnodes votes NO to remove KYC for L1 developers wishing to work on the #LunaClassic blockchain.
Time to build. 🛠️💎🤲🏻 #Crypto #LUNC #Binance
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Great job LUNC community
BREAKING: $LUNC proposal #12120 Tax2Gas by @Genuine__Labs has officially PASSED! 🔥
Genuine Labs states it now will take two weeks to test and implement.
Time to allow builders to deploy on the #LunaClassic blockchain. #LUNC to the moon! 💎🤲🏻 #Crypto #Binance
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Good post
📢 ATTENTION 📢
Important Update for Terra Classic Community
Terra Station Wallet is No Longer Supported
Terra Station from Terra Form Labs is no longer working. But don’t worry! Your Terra Classic (LUNC) is safe on the blockchain and not tied to Terra Station. You can access your funds using a new wallet called Keplr .
Key Points to Remember:
1.
Your LUNC is on the blockchain: Your assets are secure on the blockchain, not inside Terra Station.
2. No Need to Unstake:
If you have staked your LUNC, you do not need to unstake them.
How to Transition to Keplr Wallet
For Desktop Users:
1. Install Keplr Wallet:
- Go to the [Keplr website](keplr.app) and download the wallet extension for your browser.
2. Import Your Terra Station Wallet:
- Open the Keplr extension.
- Click on "Import Existing Account."
- Use your Terra Station seed phrase (12 or 24 words) to import your wallet.
3. Access Your LUNC:
- Once imported, you should see your Terra Classic (LUNC) in your Keplr Wallet.
4. Manage Staking:
- If you have staked LUNC, you can manage it through Keplr Wallet.
- No need to unstake; your staking details will be visible in Keplr.
For Mobile Users:
1. Install Keplr Mobile App:
- Go to the App Store (iOS) or Google Play Store (Android) and search for "Keplr."
- Download and install the Keplr mobile application.
2. Import Your Terra Station Wallet:
- Open the Keplr app.
- Tap on "Import Existing Account."
- Enter your Terra Station seed phrase (12 or 24 words) to import your wallet.
3. Access Your LUNC:
- Once imported, you should see your Terra Classic (LUNC) in the Keplr app.
4. Manage Staking:
- If you have staked LUNC, you can manage it through the Keplr app.
- No need to unstake; your staking details will be visible in Keplr.
Other Alternatives
While Keplr is the recommended option for mobile, you can also use the following for desktop :
- Galaxy Station
-wallet.terra-classic.io/
By following these steps, you can continue managing your Terra Classic (LUNC) without any issues. Your funds are safe and transitioning is straightforward.
If you need more help reach out to your validators or ask in the LUNC Telegram community chats .
#LunaClassic #LUNCburn #USTC #Luncarmy #Lunac $LUNC #crypto #cryptonews #LUNCcommunity
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Exactly this.
There's a new prop to repeal KYC.
Since the KYC prop was passed in February of this year, there has been a huge decrease in drama and a new talented Dev team that was more than willing to complete KYC. In short, the state of our chain is the best it's been since the crash! #LUNC
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Look at this video and then look at yet another (but the same) burn increase proposal.. if you still think 1.2% or even 1.5% burn tax is a good idea, you are so ignorant.
Also, why push this? The burn is on-chain and most volume is off-chain. Binance is never implementing this
This Post is from a suspended account. Learn more
$LUNC will surprise the entire world in Q3 this year. Hold your coins if you want to succeed.
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I see some in the #LUNC community has found something new to bicker about. So tiring
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Everything you do now in life, how small or insignificant it may seem at this moment, will have a big impact in the long run. #LUNC $LUNC @cz_binance
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$SANI show them how it is done
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$BUTT @BasedButtman is calling for all butt-lovers and humans with excellent ass.
This meme has excellent style, join while you cqn. This thing will fly once all the normies join BASE.
Be early, win the game!
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Dexscreener: dexscreener.com/base/0xa36d9…
Dextools:
dextools.io/app/en/base/pair…
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