Lunar (LNR) Price Prediction 2024, 2025–2030 | CoinCodex (2024)

According to our current Lunar price prediction, the price of Lunar is predicted to rise by 227.63% and reach $ 0.007219 by October 16, 2024. Per our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 39 (Fear). Lunar recorded 12/30 (40%) green days with 8.03% price volatility over the last 30 days. Based on the Lunar forecast, it's now a bad time to buy Lunar.

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Based on the historical price movements of Lunar and the BTC halving cycles, the yearly low Lunar price prediction for 2025 is estimated at $ 0.002203. Meanwhile, the price of Lunar is predicted to reach as high as $ 0.010396 next year. Using the same basis, here is the Lunar price prediction for each year up until 2030.

Lunar price prediction 2025

The Lunar price prediction for 2025 is currently between $ 0.002203 on the lower end and $ 0.010396 on the high end. Compared to today’s price, Lunar could gain 370.54% by 2025 if LNR reaches the upper price target.

Lunar price prediction 2030

The Lunar price prediction for 2030 is currently between $ 0.005538 on the lower end and $ 0.00898 on the high end. Compared to today’s price, Lunar could gain 306.44% by 2030 if it reaches the upper price target.

Lunar's 50-Day, 200-Day Simple Moving Averages and 14-Day Relative Strenght Index - RSI (14)

Based on our technical indicators, Lunar's 200-day SMA will drop in the next month and will hit $ 0.003685 by Oct 16, 2024. Lunar's short-term 50-Day SMA is estimated to hit $ 0.003555 by Oct 16, 2024.

The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Currently, the RSI value is at 39.39, which indicates that the LNR market is in a neutral position.

Popular LNR Moving Averages and Oscillators for Mon, Sep 16, 2024

Moving averages (MA) are a popular indicator in all financial markets, designed to smooth price action over a certain amount of time. They are a lagging indicator which means they are influenced by historical price activity. In the table below you can find two types of moving averages, simple moving average (SMA) and exponential moving average (EMA).

Lunar Oscillators

An oscillator is a technical analysis tool that constructs high and low bands between two extreme values, and then builds a trend indicator that fluctuates within these bounds. Traders use the trend indicator to discover short-term overbought or oversold conditions.

Lunar Key Price Levels

Based on today's classical pivot point (P1) with the value of $ 0.002221, Lunar has support levels of $ 0.002189, $ 0.002145, and the strongest at $ 0.002114. Similarly, Lunar resistance levels are at $ 0.002264, $ 0.002296, and $ 0.002339.

Lunar Correlation

Over the past 7 days, Lunar price was most positively correlated with the price of and most negatively correlated with the price of .

Lunar price is correlated with the top 10 coins by market cap with a price of , excluding Tether (USDT) and correlated with the top 100 coins by market cap excluding all stablecoins with a price of .

Currencies that are positively correlated with Lunar indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Lunar, a move in one direction for Lunar would translate into a move in the opposite direction for the negatively correlated coin.

To get a better idea of what could happen to the Lunar price in the future, it’s helpful to also explore Lunar’s price history. In the last month, the LNR/USD pair is down .

How to read and predict Lunar price movements?

Lunar traders use a variety of tools to try and determine the direction in which the LNR market is likely to head next. These tools can roughly be divided into indicators and chart patterns. When trying to predict the Lunar price, traders also try to identify important support and resistance levels, which can give an indication of when a downtrend is likely to slow down and when an uptrend is likely to stall.

Lunar Price Prediction Indicators

Moving averages are among the most popular Lunar price prediction tools. As the name suggests, a moving average provides the average closing price for LNR over a selected time frame, which is divided into a number of periods of the same length. For example, a 12-day simple moving average for LNR is a sum of LNR’s closing prices over the last 12 days which is then divided by 12.

In addition to the simple moving average (SMA), traders also use another type of moving average called the exponential moving average (EMA). The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action.

50-day, 100-day and 200-day moving averages are among the most commonly used indicators in the crypto market to identify important resistance and support levels. If the LNR price moves above any of these averages, it is generally seen as a bullish sign for Lunar. Conversely, a drop below an important moving average is usually a sign of weakness in the LNR market.

Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the LNR price.

How to read Lunar charts and predict price movements?

Most traders use candlestick charts, as they provide more information than a simple line chart. Traders can view candlesticks that represent the price action of Lunar with different granularity – for example, you could choose a 5-minute candlestick chart for extremely short-term price action or choose a weekly candlestick chart to identify long-terms trends. 1-hour, 4-hour and 1-day candlestick charts are among the most popular.

Let’s use a 1-hour candlestick chart as an example of how this type of price chart gives us information about opening and closing prices. The chart is divided into “candles” that give us information about Lunar’s price action in 1-hour chunks. Each candlestick will display LNR’s opening price, closing price, as well as the highest and lowest prices that Lunar reached within the 1-hour period.

It’s also important to pay attention to the color of the candle – a green candle means that the closing price was higher than the opening price, while a red candle tells us the opposite. Some charts will use hollow and filled candlestick bodies instead of colors to represent the same thing.

What affects the price of Lunar?

Just like with any other asset, the price action of Lunar is driven by supply and demand. These dynamics can be influenced by fundamental events such as block reward halvings, hard forks or new protocol updates. Regulations, adoption by companies and governments, cryptocurrency exchange hacks, and other real-world events can also affect the price of LNR. The market capitalization of Lunar can change significantly in a short period of time.

When trying to make a Lunar forecast, many traders also try to monitor the activity of LNR “whales”, which are entities and individuals that control large amounts of LNR. Since the Lunar market is relatively small compared to traditional markets, “whales” can single-handedly have a big influence on Lunar’s price movements.

Bullish and bearish price prediction patterns

Some traders try to identify candlestick patterns when making cryptocurrency price predictions to try and get an edge over the competition. Some candlestick formations are seen as likely to forecast bullish price action, while others are seen as bearish.