LRC below a strong resistance zone#LRCUSDT
$LRC is below a strong resistance zone, but above a broken ascending resistance that confirmed it as support.
If you still hold it take some profit and keep eye on it , if break out the orange descending support line buy more.
and if break down the ascending support line take all profit.
LRC
LRC - blast off incoming. New ATH.3 words.
Cup and handle.
Clear monthly closes with higher lows.
Once the resistance is completely broken at the .55 zone, following are the targets:
Targets:
1.40 zone
Retest .90 zone
Final monthly wick 3.50+ zone
Plain and simple.
Who's holding this baby?
This is not investment or trading advice. You must be knowledgeable and conscious of your own decisions and actions.
$LRC - Waking up from a long downtrend$LRC is the Ethereum-based cryptocurrency token of Loopring, an open protocol designed for the building of decentralized crypto exchanges.
We have a nice break-out from long-term downtrend on LRCBTC chart.
We have also an Adam & Eve double bottom formation on LRCUSDT chart.
It's about to fly guys !
LRC breaks all time high and looks to move much higherLRC breaks all time high and looks to move much higher.
TLDR
What Loopring is
An application-specific zkRollup protocol, a relayer, an L2 non-custodial exchange, a smart wallet — but eventually it will just be Loopring, where you use, trade, grow, and store your assets.
Aiming to become the leading user-facing financial services application in the world. Trading, investing, payments, ‘banking’. The gateway of choice for users to experience the parallel financial system of Ethereum — in all its glory and security.
What Loopring is not
A generalizable zkRollup seeking to support arbitrary protocols or functionality deployed atop it.
An L2 focusing on having other projects build their products atop it.