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Loopring

LRC: Moving within triangle, bouncing off strong supportHello hello! Please take a moment to read the description on my profile. Ensenada, Mexico needs our help! Anywho, LRC appears to be possibly bouncing off a strong support here and moving within a very slightly descending channel. I see it as a fairly easy 8-10% trading within the triangle and below/at the 200 day EMA. This support line had strong bounces all the way back in January and February. Coincidentally, It happens to land on the .618 FIB of the most recent run up and retrace, and lands in the golden pocket (between .618 and .768 of the all time high and low.) Could see some very health gains if it breaks out above the descending blue resistance line. In addition, they will be airdropping $LRN token to all $LRC holders on July 5th.
Long
by infbp22
Loopring vs Bitcoin May Shoot Up AnytimeRecently Loopring found the support at 61.8% Fibonacci retracement level, that is 6500 satoshis. Along with the Fibs support, the 4/1 Gann Fan trendline has also been rejected suggesting the continuation of the uptrend. The consolidation now has taken almost two week, but price still failed to break below the support level. It seems that LRC/BTC is ready to rapidly start moving upwards, while the consolidation comes to an end. Strong resistance is seen at 14300 satoshis, that is confirmed by 23.6% Fibonacci retracement level. This is a key resistance for Loopring, and if it manages to break above, further growth should be expected. LRC could go down, but in this case, daily break and close below 6k satoshis is required. Then price could decline towards the uptrend trendline or even down to 4k satoshis support.
Long
by CryptoPAMM
LOOPRING: NEW DEVELOPMENTS = 29.63% PROFIT!!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 25th of April 2018. Using this buy in point and selling at today's price, you would have expected to net 29.63% PROFIT!!! The increase in price may also be explained by positive developments including: 8 April: Loopring gets listed on Bitfinex. 12 April: Deployment of LRN (Loopring’s protocol token on NEO) on the NEO blockchain, with NEO working on ways in which to allow LRC holders to recieve their LRN. 19 April: Potential partnerships with xGoogle Blockchain Alliance (GBA) which involves the incubation of high quality blockchain projects by ex-Googlers. 20 April: Loopr beta2 wallet opens for public testing. Its trading features were available to Ethereum addresses with 10K or more LRC. 20 April: Loopring partnered with gate.io, GEX, SYEX, IDAX, and Bitpaction to list LRN, Loopring’s protocol on NEO, on May 1st. 23 April: Loopring's wallet (Loopr2) test's coming to the final stage. 26 April: Loopring publishes update on LRN Airdrops to detail our the LRN airdrop plan. 29 April: Loopring finalises the timeline to distribute LRN to private investors and LRC token holders. Private investors will receive 20% of their LRN on May 1st, 40% on July 1st, and 40% on Sept 1st; LRC token holders will receive LRN airdrops on July 5th, Sept. 5th, and Nov. 5th. These factors have together with the substantial increase in trading volume have led to Loopring's increase in price. Most of the trading volume is coming from Chinese and Korean exchanges accounting for 100% of all trading volume.
by CryptoTradeSignals
3
LOOPRING: 24 HOURS = 12.23% PROFIT!!Our "Crypto Scalper" Trade Signal has correctly identified a buy in point on the 18th of April 2018. Using this buy in point and selling at today's price, you would have expected to net 12.23% PROFIT!!! IN 24 HOURS. The increase in price may also be explained by positive developments including: 1. Potential partnerships with xGoogle Blockchain Alliance (GBA) which involves the incubation of high quality blockchain projects by ex-Googlers. 2. Deployment of LRN (Loopring’s protocol token on NEO) on the NEO blockchain, with NEO working on ways in which to allow LRC holders to recieve their LRN. 3. LRC got listed on Bitfinex where you can trade LRC with ETH, BTC, and USDT. Analysis using the Crypto Bull/Bear Signal suggests the move may be in line with an increase in buying activity as a result of this news. The crypto markets have been trending upwards with BTC dominance dropping suggesting that the movement of funds into alt coins.
by CryptoTradeSignals
2
Loopring prediction using trend analysisSince the last breakout, LRC appears to have entered a sideways trading channel. I would like to point out that recently, it has made multiple attempts at the trend line at the top of the channel. The place I circled was a surge of price that looks like a false breakout. It did not follow the typical zigzag pattern found in a sideways channel. I believe it is only a matter of time before price breaks above the channel. I cannot say for sure, but there also may be an ascending triangle forming on smaller time frames
Long
by darth_bitcoin
LRC - The ONLY strong buy for the last week straight.I have been a cheerleader for Loopring since it entered the scene. It is comprised of a diligent team that slaves away on the product rather than getting caught up in publicity stunts. This has afforded organic growth and an added resilience to general downtrends. As Loopring aims to provide a decentralized protocol, it will bring value to not only almost all traded coins/tokens but exchanges as well. Loopring is infamous in my books for slow progressive gains that compound behind the scenes while other projects fight for center stage. While main crypto twitter fails to acknowledge Loopring's existence during bull runs, it continues to pay off. BINANCE:LRCBTC BINANCE:LRCBTC
Long
by Shadowlytics
LRC potential launch ideaWe saw a strong decline of LRC (Loopring) during previous months, however it seems to have found support and broke out of the first trend line (the dashed one). If it continues up, breaking the solid trend line we could see some price action. The team will release the open source mining software the 28th of February, which could bring positive sentiment. Next to that we see a bullish crossover on the MACD trend, hopefully curves up to the positive area. Also volume is pouring in. I'm bullish on it! Happy trading and enter with caution :)
Long
by sebapao
LRCBTC Easy 6% Long OpportunityLoopring has been stuck in a tight channel of 9000 to 10200 since a week. Lets exploit this opportunity for a quick 6% profit. I truly believe that 2018 is the year of Decentralised-Exchange Coins. The day LRC releases a prototype nobody will remember BNB or KCS. Buy - 0.00009400 - 0.00009500 Sell - 0.00010000 - 0.00011000 Stop Loss - 8900 For those who think 6% is small. (Some food for thought) “Compound interest is the eighth wonder of the world. He who understands it, earns it ... he who doesn't ... pays it.” ― Albert Einstein
Long
by ShounakShetty
6