The analysis reviews Luna Classic, noting it has hit the green support box. The price is grinding lower inside a downward channel. It is predicted that as long as Luna Classic remains in the channel, it will continue to move lower, potentially filling the final wick down to around 0.00002 to 0.000018. If Luna Classic breaks out of the channel, a Fibonacci retracement from the October high to the new low suggests as long as the price stays below 0.000032, the market remains bearish. If Luna Classic can't bounce, the target is still to the downside. Overcoming 0.000032 could trigger a relief rally back to approximately 0.000041. However, on a macro scale, prices have to get over the 0.236 retracement at 0.000047 for a rally to occur, if it fails to do so, it is extremely bearish below 0.000047. The prediction is that the price will remain down or sideways below 0.000032 and more importantly, 0.000047 in the short term.