Terra Classic [LUNC] witnessed five straight days of red on the price charts. Since the 1st of June, it has receded by 30.82%. CoinMarketCap data showed a 20% increase in daily trading volume, but it was not enough to send the trading volume above the 20-day moving average. Despite the recent slump, LUNC retained a bullish bias on the higher timeframes. Here’s why there is a good chance that buying the altcoin now could yield decent returns in the coming weeks.