LUNA +46.13% 24H as Network Upgrade Boosts Investor Confidence

Generated by AI AgentCryptoPulse AlertReviewed byAInvest News Editorial Team
Wednesday, Dec 10, 2025 11:22 am ET1min read
LUNC
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Aime RobotAime Summary

- LUNA surged 46.13% in 24 hours, driven by a pending network upgrade and rising investor confidence.

- Futures open interest for LUNC rose to $25.55M, signaling new capital inflows and bullish momentum.

- The terrad v3.6.1 upgrade, set for Dec 18, aims to enhance security and resolve legacy contract issues after successful testnet trials.

- Technical indicators and analyst projections suggest continued upward momentum, targeting $0.000098 weekly if the 50-week EMA is sustained.

LUNA surged 46.13% in the last 24 hours, reaching $0.2227 on December 10, 2025. Over a seven-day period, the token climbed 128.57%, and has risen a notable 219.11% in the past month. While the annual performance remains negative at -44.44%, the recent momentum signals a turnaround fueled by on-chain activity and an upcoming blockchain upgrade.

Bullish Momentum Gains Traction Ahead of Network Upgrade

Terra Luna Classic (LUNC) is witnessing a resurgence in interest, marked by rising net inflows and increased open interest in derivative markets. Futures open interest for

LUNC
at exchanges climbed from $18.15 million to $25.55 million in just two days, indicating new capital is entering the market and bolstering the price rally. This surge in activity coincides with optimism surrounding an upcoming protocol upgrade.

Network Upgrade Set to Improve Security and Functionality

Earlier this week,

Terra Classic
developers launched terrad v3.6.1
, an update aimed at addressing legacy contract issues and enhancing dependencies. The proposed upgrade, scheduled to activate at block 26,479,000 (estimated for December 18), requires community and validator approval. Once implemented, it is expected to strengthen the chain’s security, functionality, and long-term viability.

According to the project’s GitHub documentation, the upgrade has successfully passed testing on the rebel-2 testnet, with a rollback option available through version v3.6.0 in case of issues on the mainnet.

Growing Investor Confidence and Capital Inflows

On-chain data highlights renewed investor confidence, with multiple inflow spikes observed across the Terra Classic ecosystem. These movements are likely linked to the anticipation of the network upgrade. Analysts suggest that the increased inflows may further fuel the current bullish trend.

Technical Indicators Signal Continued Uptrend

From a technical standpoint, LUNA’s price movement aligns with bullish patterns. The weekly chart shows the token trading above the 50-week EMA at $0.000056 and within a falling wedge pattern. The weekly RSI stands at 56, signaling strong upward momentum, while the MACD shows a bullish crossover.

On the daily chart, LUNA recently found support at the 61.8% Fibonacci level at $0.000047 and has surged 22% in the following session. The RSI currently sits at 71, suggesting overbought conditions, while the MACD remains in a bullish crossover with a rising histogram. Bulls aim for a move toward the December 6 high at $0.000081.

Analysts Project Further Uptrend Potential

Analysts project that if LUNA maintains its current momentum and closes above the 50-week EMA, it could extend the rally toward $0.000098 on a weekly basis. However, if a correction occurs, the next key support level is expected to be around $0.000047.

With a mix of strong technical signals, growing open interest, and anticipation for the network upgrade, LUNA appears well-positioned for continued upward movement in the near term.