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Lrcusd

Loopring Relief?Before looking at any altcoin, we must look at the status of Bitcoin. BTC is in a healthy short-term uptrend after having a 75% drop to below $18k. - If Bitcoin is able to make a move to $27,500 - $30,000 we can see alt coins like LRC following suit. BITSTAMP:BTCUSD Loopring has been in a comfortable uptrend from $.30 to $.50 for the past 2 months, accumulating for what looks to be a move to the upside and some relief after a long -90%+ move. TARGET: ≈ $.80 - Keep an eye on BTC because looks like buyers are slowly & quietly moving back into the space.
COINBASE:LRCUSDLong
by mascher7675
Loopring (LRC) - May 31hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (LRCUSDT 1W chart) Below 0.6135 is likely to be a mid- to long-term investment area. Therefore, the key is whether the price holds the price above 0.6135. (1D chart) In the short-term and medium-term perspective, if it gains support above 0.5710, it is expected to turn into an uptrend. However, since it must rise above 0.6135, it is important to confirm that it is supported by rising above 0.6135. If it rises above 1.4750, it is expected to surge. Unlike the stock market, the coin market allows all coins to be made as long-term investments. However, in order to do this, you must recover the purchase principal and invest only in the amount you hold for the profit. It's obvious, but it's not an easy way to put it into practice. If you need immediate profit, it is better to sell 100% to make a profit. However, if not, I think that if you set your trading method in the direction of increasing your holdings that correspond to your profits, you will have a high chance of getting huge wealth. This is usually not easy to succeed as it requires a lot of patience. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator will move accordingly as price and volume move. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
Potential LRCUSD LONG• I maintain my position that I have not seen any price action that would suggest LRCUSD establishing a new ATH. • That being said, LRCUSD is indeed reaching rather attractive levels to consider DCAing in. • Though LRCUSD might start dumping further, daily RSI is nearing record lows. • Strategy A. Long if LRCUSD breaks above the parallel channel and closes 2 daily candles above. • Strategy B. DCA in, if LRCUSD breaks $0.83, and in incremental proportions, in-between $0.83-$0.57. • The maintenance of mental frame is much more important than any immediate profit and loss. • For LRCUSD, maintain mental frame by removing all expectations of any GME announcements from your mind. There is a huge difference between news and rumours. And as we know, fundamentals lag technicals. Shared content and posted charts are intended to be used for personal feedback analysis and informational purposes only. I do not offer, and this information shall not be understood or construed as, financial advice or investment recommendations. The information provided is not a substitute for advice from an investment professional. I do not accept liability for any financial loss or damage our audience may incur.
BINANCE:LRCUSD
by AlphaBravoCharlie77
Just like that it all changedThe GME marketplace cant save the entire market. My 3 scenarios for lrc depending on whether bitcoin on the monthly stays strong on 30k band. If it does not I expect a 75% retrace minimum (17k area). I will not sell to rebuy in lower but add in at each resistance down to my original buy in. Bitcoin at the 17k area would mean LRC would be near that last major resistance of 20 cent area or lower. IMX looks even worse. I will post my btc chart in the comments.
by Bobron
1
LRC trying to find SupportAs you can see a strong treadline has formed on the daily for Loopring dating back to March 15th. This treadline is respected at the time. But, if daddy bitty decides to dump more this treadline will probably be invalidated. The line in the sand for LRC is $1.00 - $1.04. It can even wick down to $0.96 as long as it doesn't close at that level. Closing under $1.00 mark would confirm the treadline is broken and further down is imminent. Theres a lot of good news surrounding LRC and Gamestop right now. Gamestop has announced their NFT Marketplace Beta. I would expect the use of Loopring to increase once The NFT marketplace is officially active in the coming months. LRC is a potential strong buy at these levels. It may go back down to $0.78. But, just like all other cryptocurrencies that may have been bottom and the continuation of the bull market may have already started. From $0.65 to $1.35, LRC has already had 100% gains in the past 3 weeks. A pullback is expected at these levels. May consolidate and test the $1.35 in the coming days or weeks. Hoping for the continuation of the bull market. Gamestop NFT marketplace official release. I can see LRC testing the previous ATHs at $3.90 even breaking the ATH. First, before we talk about Bull market and new ATH levels. we must get through these FIB retracement levels. It seems LRC hit the .786 ($1.34) level perfectly and tested those levels 2 times getting rejected. We can probably expect for LRC to touch the $0.96 - $1.04 level in the next coming days. If it respect this support tradeline. It may go for its 3rd attempt of breaking the .786 ($1.34). 3rd times a charm, if we break above $1.34 and close above $1.35. We can expect the next level target is $1.89. Buckle up!, We're either going down hard to $0.70 again or back up to $1.89 again. We must draw a line in the sand at $1.00 for the continuation up.
COINBASE:LRCUSD
by rektordrew
LoopRing predictions (LRC), BTC back through 45k (for now) !LRC would have had a nice little run yesterday if it wasn't for BTC leaving the party. Even so, definitely some great signals for LoopRing. Still bullish in the fact that LRC has had a resistance/support flip right around the ~T1.15 mark (blue dashed line) Triangle now forming within what was once, a nice positive trend for ol' LoopRing, and is now a super mopey resistance trend. Let's hope for a breakout. Definitely ~T1.15 or so would be a position I myself would be in currently if it wasn't for me getting stuck in IOST at a T0.0497 position (I hate my life 😅) I still believe IOST is going to be at like ten cents by next week, though. Happppppyyy candles. C'mon happy green candles, today. ♠️🤫🐿
Long
by FutureAmericanExpat