Market Overview: Terra Classic (LUNCTRY) – 24-Hour Technical Summary (2025-08-27)

Terra Classic (LUNCTRY) opened at $0.002401 at 12:00 ET − 1 and closed at $0.002448 at 12:00 ET, reaching a high of $0.002454 and a low of $0.00240. Total volume over the 24-hour period was $2.48 billion, with a notional turnover of $5.99 million.

Summary

• Price formed a bullish engulfing pattern early in the session, indicating a reversal from bearish to bullish momentum.
• MACD showed a positive crossover, while RSI hovered near neutral territory, suggesting moderate buying pressure.
• Volatility expanded in the latter half of the session with price moving above the upper Bollinger Band for extended periods.
• Volume increased progressively during the afternoon and evening hours, confirming the strength of the upward move.
• A key resistance level appears to be forming near $0.00245, with price testing this level multiple times.

Structure & Formations

The 24-hour OHLC pattern for Terra Classic suggests a strong reversal is taking shape. Starting from a morning consolidation phase, the asset broke out with a series of bullish 15-minute candles that formed a large bullish engulfing pattern. A notable doji appeared near the session high, signaling indecision at the top of the recent move. The price then tested a prior high of $0.00245 before pulling back slightly, suggesting this level could become a strong resistance or pivot point for the next 24 hours.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages are both bullish, with price running above both and showing strong momentum. This aligns with the broader 24-hour trend. On the daily chart, the 50, 100, and 200-period moving averages are closely aligned, with price holding above the 50-period line, suggesting a continuation of the longer-term upward trend is probable unless a significant correction occurs.

MACD & RSI

The MACD line crossed above the signal line in the early afternoon and remained positive through the end of the session, indicating sustained bullish momentum. The RSI, while not in overbought territory, did show a moderate climb toward 55–60, suggesting price is gathering strength without showing signs of exhaustion. The divergence between the MACD and RSI suggests a balanced push in the direction of the move, but without the risk of imminent reversal at current levels.

Bollinger Bands

Volatility increased sharply after 5 PM ET, with price breaking above the upper Bollinger Band. The width of the bands expanded significantly, indicating rising uncertainty and increased speculative activity. Price has remained above the midline of the bands for much of the session, suggesting a continuation of the current bullish trend is likely unless a sharp reversal occurs. The retest of the upper band in the evening suggests the band could act as a short-term ceiling or pivot for the next 24 hours.

Volume & Turnover

Volume increased progressively during the day, with the largest spikes occurring in the late afternoon and evening hours. Notional turnover also rose in tandem with price, confirming the strength of the bullish breakout. The absence of a divergence between volume and price suggests the move is supported by broad market participation. A large volume spike at $0.00245 suggests the price level is being contested, with both buyers and sellers active in the zone.

Fibonacci Retracements

Applying Fibonacci retracements to the key 15-minute swing high at $0.00245 and the prior low at $0.00240, the 38.2% and 61.8% levels fall near $0.002429 and $0.002444, respectively. Price held above both levels throughout the session, suggesting buyers are willing to step in at those key Fibonacci support levels. On the daily chart, the 50% retracement level aligns with the 15-minute 61.8% level, reinforcing the significance of this area.

In the next 24 hours, Terra Classic could continue its upward trend if it holds above $0.002435. However, a breakdown below this level may trigger a retest of the morning lows. Investors should also watch for a rejection at $0.00245, where key resistance appears to be consolidating. As always, sharp volume spikes and divergences could signal sudden reversals, particularly given the increased volatility in the latter half of the session.