Here Loopring (LRCBTC) is facing resistance at EMA300 (the grey line at 0.00000564)... This is a "decision point".
If this level can be conquered, prices can jump straight up (green arrow).
But, if instead EMA300 is too strong, prices will retrace (red arrow) before jumping up (blue).
Overall, this is a strongly bullish scenario if you take into consideration the MACD, RSI, and the altcoins market as a whole.
This is not financial advice.
Thanks a lot for your support.
Namaste.
If this level can be conquered, prices can jump straight up (green arrow).
But, if instead EMA300 is too strong, prices will retrace (red arrow) before jumping up (blue).
Overall, this is a strongly bullish scenario if you take into consideration the MACD, RSI, and the altcoins market as a whole.
This is not financial advice.
Thanks a lot for your support.
Namaste.
Note
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💥💥💥 Early 2025 Results (NEW)
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🏆 FREE Trade-Numbers
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💥💥💥 Early 2025 Results (NEW)
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🏆 FREE Trade-Numbers
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.