LUNC’s price chart reveals an ascending triangle pattern, which is commonly interpreted as a bullish sign. There is a 63% probability of the price breaking upwards and a 37% chance of it breaking downwards. The current price is slightly hindered by the 200-day moving average, which acts as a resistance level. Nevertheless, there is optimism that LUNC may surpass this obstacle due to positive developments, such as the upcoming token burn event. Stay updated with the latest technology news by accessing NEWSLINKER.