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Showing posts with the label bullish factors

AI predicts Terra Classic (LUNC) price for year-end

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Terra Classic (LUNC) has struggled to maintain prices throughout 2024. Various measures have been implemented to stabilize LUNC’s prices — most notably, token burns aimed at reducing supply and thus increasing value. Given that the wider cryptocurrency market has entered a full-blown bull run — many traders are anticipating the start of the long-awaited altcoin season. Some are speculating that the wider surge, coupled with a decreasing supply, could lead LUNC to experience significant moves to the upside — especially taking into consideration its performance over the last month.  LUNC was trading at a price of $0.0001225 at press time, after a 5.22% gain on the daily chart supplemented weekly returns to 8.82%, bringing returns over the last 30 days up to 32.68%. On a year-to-date (YTD) basis, prices are still down 11.61%. Picks for you ...

AI predicts Bitcoin Cash price for year-end

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Dating back to 2017, Bitcoin Cash (BCH) is a hard fork of the leading cryptocurrency Bitcoin (BTC), which was developed to solve some of BTC’s scalability issues.  With a much larger block size limit of 32MB, compared to Bitcoin’s 2MB limit, BCH can provide both cheaper and faster transactions. However, the project has run into several difficulties — most notably, an internal disagreement led to another fork which resulted in the creation of Bitcoin Satoshi Vision (BSV) in 2018. Despite the obvious advantages that BCH provides in terms of utility, it hasn’t managed to secure a market capitalization comparable to its more established cousin.  Picks for you Here’s why Gold’s next move could propel prices to new highs 25 mins ago Sup...