Tag Archives: LRC price prediction

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Bitcoin’s losses since April have had a strong impact on the price action of Loopring. Loopring was trading above $1 in March 2022, but it was quickly forced to cede all the territory gained inContinue reading “Loopring: LRC bulls looking to defend a crucial support area but…”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Data from Coinglass showed that the Futures markets had a higher percentage of short positions open than longs on Bitcoin. In the past 24 hours, $430m worth of positions were liquidated across the market,Continue reading “Loopring [LRC] rejected at $0.84, could it see merry days next week”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice There was some fear in the market as Bitcoin hovered around the $40k mark. The stock markets have also not been extremely bullish. In fact, it can be argued that Bitcoin is following in theContinue reading “Loopring: Why this level has the potential to halt its long-term downtrend”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice In the past few months, the fortunes of many of the assets in the crypto sphere have not been particularly promising on the charts. Bitcoin and Ethereum have led the game of Musical Chairs, withContinue reading “Holding LRC for long-term? Assessing if it’s an investment opportunity or a gamble”

In February 2021, Loopring was trading beneath the $0.87 resistance level, and in July 2021 the price had dropped to $0.17. Later, in November, Loopring grew to trade at $3.6, and in the months since, the price has heavily retraced. This long time horizon gives us some context on the importance that the $0.8-$0.9 areaContinue reading “Loopring could see further losses as sellers were too strong at a crucial juncture”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Loopring stood ranked #76 on CoinMarketCap with a market capitalization of $1.3 billion, at the time of writing. Like many altcoins, Loopring faced heavy selling pressure in late November and all of December as itContinue reading “LRC gains 20% in the past 24 hours and might climb past this level soon”