LoopringLong
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.
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.
- If Bitcoin is able to make a move to $27,500 - $30,000 we can see alt coins like LRC following suit.
BTCUSDLoopring 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.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.