LUNC’s price chart displays a distinct ascending triangle pattern, which is commonly interpreted as a positive signal indicating a potential upward breakout with a 63% probability. Conversely, there is a 37% chance of a downward breakout. The current price is slightly hindered by the presence of the 200-day moving average, which acts as a resistance level. Nevertheless, the prospects of LUNC overcoming this resistance are increased by encouraging developments, such as the imminent token burn event. Stay updated with the latest technology news by accessing NEWSLINKER.
