Terra Luna Classic (LUNC) Price Jumps 60%

Created By Jyotish

A bounce was started by Luna Classic (LUNC) as a result of the Binance tax's activation.

The price has surged by 50% and has therefore overcome a significant resistance.

In order to burn all trading costs on LUNC spot and margin trading, Binance has put in place a burning mechanism.

The address, which is known as the LUNC burn address, will now receive all trading fees.

Payments can be made in USDT, BUSD, or BNB. 

Then they will then be converted to LUNC and deposited at the specified location. 

Basically, the LUNC has been decreasing since reaching a high of $0.00059 on Sept. 8.

But, on the next day LUNC initiated a significant upward movement, & so far increased by 50%.

The price is at a convergence of significant resistance levels despite this gain.

The strong resistance at $0.00030, required to be breakout for the trend to be considered bullish.