Ever since its inception, LRC has been following a bullish megaphone pattern. With the recent capitulation brining LRC towards the bottom support, there's a bullish case to be made for this token.
Be aware that a bullish LRC needs, at the very least, a neutral Bitcoin. Keep in mind that if BTC will continue falling, LRC will likely follow.
Nevertheless, if LRC can pull this pattern off were in for some fireworks for the coming months.