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Loopring

LRCBTC LONG. Target: 14k sats 4H MACD crossover on the way. Moreover, fractal pattern indicates next move up. Last bullish move: 1700 sats --> 5800 (x3.5) If multiplier applies in next move up: 4100 sats (support) *3.5 ~ 14k sats target. This would increase LRC in USDT value up ABOVE $10. LRC does not follow classical crypto dumping patterns. GME investors are programmed to HODL. Dips are relatively small. Moreover, Grayscale is contemplating to invest in Loopring. Include the NFT announcement that WILL take place in Q4. LRC is primed to make big big big moves. In addition, only 3 percent of the supply is left out of circulation. This will cause a large supply shock. Everything indicates a very bullish setup.
Long
by breinbanaan
LRCUSDT 1H. Time To Sell ⏱️ Loopring, LRC has been on a massive up-move for days. It did over 300% . But all good stuffs must come to an end. It peaked out on the 4H chart at near $3.90 . Where I took my profit, because I saw the perfect indicator. After this I tweeted how it needs to cool off yesterday. This is 1H chart, Double-Top formed already. Failed to make Higher-High after previous bounce at 0.5 Fibonacci. MA 10 is already broken twice on 1H. RSI bearish divergence in progress These are the signs, time to cool off for LRC . Time to take profit if you haven't already Various support shown on the chart , support previously tested and the one yet to be tested. Follow @CryptonKidd for daily analysis PS : Tell me any Token you want me to do analysis on. I'd consider it.
Short
by CryptonKidd
3
Loopring want to combine centralize and decentralize exchangesCentralized exchanges are currently the main mode of operation for crypto trading services. While highly popular and convenient, using a centralized exchange carries a number of risks, the chief of which is their custodial nature. Because these exchanges hold users’ funds for them between the points of depositing and withdrawing, those funds come under the risk of being partially or fully lost due to potential hacker attacks, malicious actors inside the exchange or regulatory intervention. Loopring is operable on Ethereum and Neo blockchains with plans to add support for the Qtum blockchain. Each of these networks has its own token: LRC and LRN for Ethereum and Neo respectively; when launched, the Qtum network token will be called LRQ. Rank #110 Token On 60,476 watchlists Loopring Price (LRC) $0.5718 8.62% 0.000009807 BTC0.33% 0.0002022 ETH5.06%
by doqstrader
2
Loopring(LRC) Triangle Pattern Ready for Breakout Hello. Loopring(LRC) which has been consolidating over the past few days in a symmetrical triangle pattern. But the time is coming for LRC to finally move again. In my technical analysis LRC may go upwards. Prior to the triangle pattern, LRC skyrocketed from a mere .40 to a high of 1.71. After the skyrocket LRC remained silent for a while with low volume. This means an incoming move is happening soon. There is also a mini consolidation, marked with a purple dashed trendline. Price already broke out of it, which is bullish. The RSI also formed its own pattern, with an early upside breakout compared to the price which may mean that price is breaking out to the upside soon. The 9 and 20 EMAs should hold if the bullish breakout is to be strong. Right now, they act as a support. In my opinion, I would consider the breakout to be taking place if the 0.5 Fib is broken. After that we might see a rally to the 1.618 Fib. What do you think about Loopring(LRC)? Tell me in the comments! Thank you for reading! Constructive feedback is appreciated!
by Trader_ph
2
LRC Looks prime to test previous ATH ($2.51)Good afternoon traders! Just a little bit of fibonacci levels here, LRC is currently presenting a potential bull flag following the breakout of the falling wedge. Stop loss is set just a few percent below the 0 level, with my average entry at 1.073. A solid entry point seems to be a close on the 15m above this current fib level, with adequate volume and momentum. Looking to see Loopring push up to it's previous ATH being $2.51 with the GameStop NFT marketplace news expected to drop shortly. I currently don't have any targets if/when we break ATH, I want to see how it plays out. Good luck traders!
COINBASE:LRCUSDLong
by fayedfinance
Loopring currently teasing massive inv head & shoulder breakoutThe breakout is by no means confirmed yet. However once it is it can climb all the way to $1.93-2.00! This is what the pattern looks like on a weekly chart, and I wouldn’t be surprised i it was more o a 2 week chart pattern. I so this may take multiple weekly candle closes above the neckline before it triggers the breakout. I think loopring’s all time high was somewhere around $2.50 or so so it is definitely possible for it to reach these levels again and also very possible to hit a new all time high some time in the not so distant future. Keep an eye on this one.
COINBASE:LRCUSDLong
by DrDovetail
4
LRC Range breakout ? LRC has been in range for pretty much the whole year between 1$ area and 20ct. Today it seems that prices are going for a break of this range, the MACD in Daily and Weekly are supporting for this plans. I would wait here to confirm the breakout with closure of daily candle and then wait for a consolidation with prices finding support of the 1$ area. To me, in my opinion it is too late for buying here as entries were well bellow current prices. But the setup looks good and have some great potential with 1st higher target at 2$. Aggressive traders could take a long here to play the momentum. If not already in the market we'll need some patience before going long, for the ones already in, enjoy the ride and don't sell for now if you have mid to long term plans.
BINANCE:LRCUSDLong
by Heatrading