LRCSmall hourly formation potential to break if it does looks like a head and shoulders, which would take us to 1.6x area.
If not we come back to the base.
Loopring
LRC longLoopring is bouncing off the support level which is alsi matching with the Fibonacci 0.5 retracement level. Bullish trend is expected to continue up to 1,22$
LRC Potential Formation ?LRCUSDT | 4H Timeframe
Scenario potential, all things being equal.
Follow @cryptonkidd for my picks and trades.
Trading Signal For LoopringTrading Signal:
There is a Trading Signal to Buy in LRCUSDT Loopring
Traders can open their Buy Trades NOW
Rank : ⭐️⭐️
⬆️Buy now or Buy on 1.05
⭕️SL: Close bellow 0.92
🔵TP1 @ 1.57
🔵TP2 @ 2.14
🔵TP3 @ 2.88
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LRCETHmonster obv bullish divergence forming
nearing completion around here
id expect a volotile move up (rocket emoji)
when this thing moves up out from that downtrend :)
zk rollupseason?
Weekly Still HoldingWeekly still holding right now.
Looking for good news to bump this up.... but we are still waiting on Bitcoin. It looks more and more like we are waiting for bitcoin to give the thumbs down for more pain.. or two thumbs down for max pain (Full bear market).
58 cents or 1.68Looks like a new trend is beginning to form and will hold up for a while longer if we break here now. If not expect 58 cents to be the final bottom bounce point which is its long term trend line.
We must hold that long term trend or we are 100% in a new, longterm, bear market and we could see LRC plummet another 75%.
Loopring LRC Price ForecastCoin: Loopring
Type of signal : Spot
Entry Price : 0.65$-0.94$
Price now : 0.93$
Goals:
Tp1 1.07$
Tp2 1.35$
Tp3 1.56$
Tp4 1.76$
Tp5 2.06$
Long-Term
2.5$-3$-5$-7$
SL Hold
Loopring (LRC) formed big bullish bullish BA for upto 430% rallyHi dear friends, hope you are well and welcome to the new trade setup of Loopring token ( LRC ).
During the current market drop on a weekly chart, LRC has formed a bullish BAT pattern. Right now it has moved up after completing the final leg, we can wait for the correction to catch it from the potential reversal zone.
Loopring longLoopring broke trough off the upper boundary of descending channel. Bullish movement to resistance level at 1.63 is expected to happen.
LRCUSD Strong support and recurring bullish pattern.Loopring is having one of the strongest rebounds currently after the weekly sell-off. Technically it remains within a long-term bullish Fibonacci Channel since the March 2020 COVID crash and every test of the Channel's Support has led to a Higher High on the next Fibonacci extension level.
This week also formed a Bearish Cross between the 1D MA50 (blue trend-line) and the 1D MA100 (green trend-line). Even though that is technically a bearish formation, last time that took place, while the price hit a Diverging Higher Lows trend-line (dashed lines), LRCUSD rebounded to a Higher High.
With the 1D RSI historically oversold (last time it was that low was on November 21 2019), I am expecting a very strong 3 month rally at least towards the Fibonacci 2.0 extension level, potentially even Fib 2.5 as a Higher High of the Channel.
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LRC 1D Careful, maximum is close, and then it will hurtToday we will consider the trading pair LRCUSDT.
There is not much to write here, a long accumulation of Loopring token around $0.40-0.50 has logical completion — the price pump.
The trigger for the jump probably was some important news for the project, right? Please share the information in the comments below the idea.
Also, similar consolidation was observed in LRCBTC pair , there price reaches strong liquidity zone from above.
At the moment the lucky ones can fix x7 profit, maybe even the price of LRCUSD will give x10 at around $4-4. 40, but you should not test your fortune, because the price is very high and the downfall might be very painful , around $0.90-1.00.
We had a similar situation in IOTEXUSDT, and we warned crypto-market participants very timely that they should forget about longs and gave them levels to buy again.
You can see the result in the idea below.
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Some Loopring Hopium: $11-$15 peak of this cycleIn the past year, LRC has gone through 2 peaks and dips.
- Fib retracement puts top between 1.6 and 2 on the next peak
- Each dip crashes pretty extensively
- If pattern continues, next peak could be between $11 and $15 then crashing hard.
Caveats
- Different market conditions (very volatile, crypto is suffering a major correction)
- Price is hard to push up in higher Market caps (could only top at around $10).
- No GME, doubtful it has any momentum to reach there
LRCWe still have one more step down so don't get your hopes up that we have bottomed - this is a trap to suck your soul out.
Loopring - Green trend cycle long termHello trading friends,
Also, LRC did break down depending on the last trend of BTC.
Same time know that LRC has a green cycle trend - what means for the long term is still interesting.
Coming time there will be more targets updates of LRC.
Have a great day.
Few More Weeks of Pain for LRC?Weekly chart indicated we could have a few more weeks of pain before getting back to support. Will be adding at both buy targets. Upside is great on this one with GME partnership.
This was one of the most shilled tokens recentlyJust a reminder, that in crypto, whatever is currently trendy and hyped is very highly likely an organized endevour to propel the price high in order to create an exit strategy for someone.
To all the bagholders who bought these highs, if you imagine that it will bounce back - accept it won't. Ever.
It will likely continue going down until it loses 99% from the high.
Have fun.
LRCYou can just keep putting new rebound bottom arrows everytime it drops another 20 cents. Look at the full chart here.
BTC is at its last point of rebound and if we don't in the next 3 days you can nearly guarantee 60 cents for LRC.
Whether you like it or not this is what a pump and dump is.
If you got sucked in by hype all you can do is wait and hope it gets back to its highs or short it to 60 cents. Both take big balls when all you have is a rumour.
lrc-low targsthis is a chart. it has some major VWAP spots marked on the map by free-hand. It has some fib retracements and fib extensions. it is nice and simple stuff, just the volume weighted zones here thanks.
Good a couple months of hell for the start of this new year
please comment, like and subscribe for more content out soon
Loopring - Finally The Wait Is Over?It looks like GME and LRC had some good news that pumped and dumped but fundamentally this could be a great setup short term and long term. Here is my scalping chart. NFA, DYOR
#GME #LRC
Key area.If we don't break the 130ish area in the coming week then we will surely see 60 cents by February.
If we do we need to fight to get back into trend, fight to get above ma, fight to get above other resistances/cloud.
The only thing that is going to bring upward movement is a release from Looping or GameStop. Expect another dump tomorrow and dumps until the end of January.
I'm holding for the long term but it's good to compare sentiment, developer release schedule, and news to price movement.
A waiting game.
Loopering - 40%+ increase trend an option Hello trading friends,
This is an expecting target depending on TA data - manage always your risk and check for you the best to enter any coin and setup.
There is not always a reason to enter markets directly.
Depending on the trends expecting its possible that Loopering can hit 40% coming time into increase trends, the rule of this is that BTC should stay stable or increasing trend - and also that looping should hold the 1 USD with time frame
This chart made 100% depending on TA
Have a great day
