- Terra Classic trades near $0.0000416 with slight daily gains but remains flat YTD.
- Proposal #12218 for v4.0.0 upgrade gains ~99.99% approval, scheduled for April 17, 2026.
- Falling wedge pattern signals potential bullish breakout with key resistance near $0.000044.
- Breakout could target $0.000068 and higher, while failure may lead to retest of $0.000035 support.
As of April 13, 2026, Terra Classic is trading at $0.00004161, posting a modest 1.56% gain over the past 24 hours. However, on a year-to-date basis, the token remains slightly down by 1.11%, reflecting the broader market’s mixed performance. With a market capitalization of around $228.6 million, LUNC continues to attract attention as a legacy asset with an active community.
For comparison, Ethereum is currently priced near $2,180, down 1.56% in the last 24 hours and over 26% YTD, highlighting the wider pressure across the crypto market.
Proposal #12218: v4.0.0 Upgrade Nears Completion
The Terra Classic ecosystem is now focused on Proposal #12218, a key upgrade that will move the network to v4.0.0, integrating Cosmos SDK v0.53.x.
Community support has been overwhelming, with nearly 99.99% voting in favor. The upgrade is scheduled for April 17, 2026, with a planned chain halt at block 28,214,400 (around 14:30 UTC).
This marks a major step in Terra Classic’s “Independence Era” roadmap, bringing:
- Improved security and performance
- Enhanced functionality
- Better compatibility with the broader Cosmos ecosystem
The upgrade could also unlock new opportunities for both LUNC and its ecosystem tokens moving forward.
LUNC Technical Analysis: Falling Wedge Signals Potential Breakout
From a technical perspective, LUNC is showing signs of a possible trend reversal.
On the weekly chart, the token has been trading inside a falling wedge pattern since its December 2023 high near $0.00028, followed by a sharp decline of over 90%. Recently, price action has stabilized near strong support around $0.00002485.
Now, LUNC is attempting to break above the descending resistance trendline near $0.00004150, indicating growing bullish momentum.
Key details:
- Falling wedge pattern (bullish reversal structure)
- Resistance breakout zone around $0.000044
- 100-week moving average near $0.00006810
What’s Next for LUNC?
Bullish Scenario:
If LUNC confirms a breakout above $0.000044, the next major level to watch is the 100-week moving average at $0.00006810. A strong move above this could open the door for a rally toward $0.0002540.
Bearish Scenario:
If the breakout fails, immediate support lies near $0.00003529. Losing this level could lead to further consolidation or a retest of lower support zones.
Bottom Line
With the v4.0.0 upgrade just days away and a classic bullish chart pattern forming, Terra Classic is approaching a critical moment. The combination of improving fundamentals and technical pressure could spark renewed momentum—but volatility remains a key risk.
Frequently Asked Questions (FAQ)
What is Terra Classic (LUNC)?
Terra Classic is the original Terra blockchain token that continues to operate with community-driven upgrades after the 2022 ecosystem collapse.
What is Proposal #12218?
Proposal #12218 is a major network upgrade that will move Terra Classic to v4.0.0 and integrate Cosmos SDK improvements for better performance and compatibility.
When is the LUNC upgrade happening?
The upgrade is scheduled for April 17, 2026, with a planned chain halt during execution.
Is LUNC showing bullish signals?
Yes, LUNC is forming a falling wedge pattern, which is typically considered a bullish reversal signal if resistance is broken.
What are the key price levels for LUNC?
Key resistance is near $0.000044 and $0.000068, while support lies around $0.000035.
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