Terra LUNA Classic [LUNC] Price Prediction 2025-2030: Is $5 a realistic target for LUNC?

Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto's own research on the subject. LUNA is a cryptocurrency that supported the now-defunct stablecoin TerraUSD (UST).

Timeline of Terra-luna-v2, Terra-luna

Terra Classic (LUNC) seems to have been on a steady price recovery path during the past few days. The price of Terra Classic (LUNC) plummeted significantly after Do Kwon, the founder of Terraform Labs, received an arrest warrant.

Terra co-founder Do Kwon has been subject to many lawsuits and negative publicity after the mishap with the company's tokens. Tragedy struck some months ago after the company's stablecoin was depegged, causing its digital asset Terra to lose as much as 90% of its value.

Do Kwon, disgraced founder of the now defunct Terraform Labs, says he is not “on the run” only hours after Singapore police said he was no longer in the country. Kwon, along with five others, is facing arrest in South Korea after an arrest warrant was issued against him for charges of violating the Capital Markets Act.

Do Kwon, founder of now-defunct blockchain firm Terraform Labs, has broken silence about the recent warrant authorizing his arrest, claiming that he is not on the run from the law.

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Terra Classic [LUNC] saw huge volatility on the charts in September.

Terra LUNA founder Do Kwon could be facing the heat despite acting like the South Korean arrest warrant was not his concern. In a new turn of events, things seemed to be working against Kwon after a Bloomberg report showed that he was facing challenges in far-away Singapore.

Terra classic rose by as much as 20% in today's session, which comes following a recent bearish streak. Today's rally follows Thursday's drop to a key support point, with bulls using this as an ideal area to reenter. Xrp was also higher, as it moved closer to a long-term resistance level.

Terra Classic price has been trading below the crucial 50-day MA levels since its inception until the previous trading day which uplifted the price beyond the levels. Ever since then, the price has been hovering above the pivotal levels, flashing the possibilities of pulling another leg up.

Terra Classic [LUNC] is among the more interesting cryptocurrencies that has been in our watch list especially in the first half of September. It has undergone a retracement since then as expected but there are still opportunities around this cryptocurrency.

The LUNC/USDT witnessed a parabolic recovery from late August to early September, which surged it to a record high of the $0.0006 mark. However, such massive growth in a short period is unhealthy for assets.