The post After Shiba INU(SHIB), Will TerraClassic(LUNC) be Listed on Robinhood? appeared first on Coinpedia Fintech News
The TerraClassic price has recently been in the spotlight as the LUNC and USTC prices appear to be quite bullish. While the USTC price appeared to be confident in regaining its peg, the stablecoin has once again scrambled into the deep bearish well. Woefully, market conditions have deteriorated in the last 3 to 4 days, dragging the price below $0.00027 at the moment.
Despite the fact that market conditions are not favorable to bulls, interest in listing the TerraClassic cryptocurrency on Robinhood has emerged in the space.
Shiba Army had previously launched a campaign to list the token on Robinhood, and the asset was live for trading on the platform after 6 months. Therefore, if the campaign is pretty strong enough, LUNC may also be listed on Robinhood soon.
However, this does not change the fact that the SHIB price was merely influenced by the listing, and thus a larger variation in the LUNC price cannot be expected either.
TerraClassic (LUNC) Price Analysis
The Terra Classic price has been trading within the same descending parallel channel since it was rejected from the monthly highs.
However, after trading in the average ranges for a while, the price appeared to have risen above the ranges at the moment.
Regrettably, bearish interference has dragged the price lower, and the asset may once again fall below $0.0025 in the coming days.
In such a scenario, the LUNC price will certainly remain bearish for an extended period of time.