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Loopring

Loopring, The Time Has ComeThis one's set for an explosive move of unparalleled proportion. As always, it's important you educate yourself and dyor! This is purely a speculative personal analysis. I've been stacking LRC for quite a while now. This is the one of the few remaining layer twos that hasn't seen its day yet. Largely in part because of its novel complexity(ZK-rollups) and the recent market correction, it has been difficult for the average joe to wrap their head around its utility. That's all set to change very soon. This is one of the most bleeding edge-crypto tech of its kind. We've seen Vitalik acknowledge this on several occasions. “In the medium to long term ZK rollups will win out in all use cases as ZK-SNARK technology improves” — Vitalik Buterin (creator of Ethereum ) vitalik.ca This is one of the the most stacked teams in all of the crypto ecosystem with some serious pedigree. Pioneering the next generation of L2. The product is about to reflect that real soon, making it one of the most popular decentralized exchanges of its kind. Comparable to its centralized counterparts like Coinbase, Binance, etc. medium.com medium.com miro.medium.com OBV - We're seeing buying pressure remain consistent in its trajectory. Seeing a consistent multi-month climb of OBV, regardless of the recent market volatility , it has maintained its structure. Overall it's looking good. RSI - Originally bordering on oversold and lying dormant, RSI's cooled down since the recent market correction and breaking out of a wedge formation. Ready to accommodate an explosive climb. MACD - Looks like it has been weighed down long enough by BTCs gravitational pull. Recently, flipping bullish after nearly a month. STOCH - On the BTC Pairing: We've been able to flip the stochastic from a recent downtrend, altering its trajectory back into a climb.
COINBASE:LRCUSDLong
by Trinium-Labs
1
Loopring, The Time Has ComeThis one's set for an explosive move of unparalleled proportion. As always, it's important you educate yourself and dyor! This is purely a speculative personal analysis. I've been stacking LRC for quite a while now. This is the one of the few remaining layer twos that hasn't seen its day yet. Largely in part because of its novel complexity(ZK-rollups) and the recent market correction, it has been difficult for the average joe to wrap their head around its utility. That's all set to change very soon. This is some of the most bleeding edge-crypto tech of its kind. We've seen Vitalik acknowledge this on several occasions. “In the medium to long term ZK rollups will win out in all use cases as ZK-SNARK technology improves” — Vitalik Buterin (creator of Ethereum) vitalik.ca This is one of the the most stacked teams in all of the crypto ecosystem with some serious pedigree. Pioneering the next generation of L2. The product is about to reflect that real soon, making it one of the most popular decentralized exchanges of its kind. Comparable to its centralized counterparts like Coinbase, Binance, etc. medium.com medium.com miro.medium.com OBV - We're seeing buying pressure remain consistent in its trajectory. Seeing a consistent multi-month climb of OBV, regardless of the recent market volatility, it has maintained its structure. Overall it's looking good. RSI - Bordering on oversold, RSI's cooled down since the recent market correction and lying dormant, ready to accommodate an explosive climb. MACD - Looks like it has been weighed down long enough by BTCs gravitational pull. Flipping bullish after nearly a month. STOCH - We've been able to flip the stochastic from a recent downtrend, altering its trajectory back into a climb.
Long
by Trinium-Labs
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.
COINBASE:LRCUSDLong
by altcoinnerd
#LRCbtc / Loopring / #LRCLoopring? What is that??? BINANCE:LRCBTC Loopring is a software running on Ethereum that aims to incentivize a global network of users to operate a platform that enables the creation of new types of crypto asset exchanges. ... With zkRollups, Loopring asserts its exchanges can offer faster settlements for traders. -------------------- Technically, it can touch OR break up horizontal Red line easily in mid-term. We have three powerful strategies here on the chart: MA 200 Trend line Fibonacci 0.618 on trendline and Also another Fibo in order to see target point which are here Red horizontal lines... Nice, is not it?????
by Moah9090
UPDATE: Parabolic Curve Theory idea for $LRC vs BTCThis is an updated daily chart for Loopring $LRC against BTC pair... Setup is still in play although it was visibly affected by the BTC Dip on april 18th. Interested to see 2 things in this case: - Volume is pretty low and it has been since before the Rounded Bottom began to develop. Eyes generally fixate on lower cap coins at the very end of the money flow and it's the case for this 40 satoshi coin. - Patterns to me are pretty much like a figure-shaped support. This feeling is reaffirmed with the april 18th and 19th dip stopping it's descending path to hug the parabolic curve again.
Long
by AponSOKS1978
Loopring (LRC) Getting Ready For A Bullish Jump!The chart for Loopring (LRCBTC) looks beautiful now that a higher low is being cemented. After the February 2021 bullish wave, LRCBTC went on to retrace and after some consolidation, signals are coming up pointing to higher prices. LRCBTC recently moved above EMA50 and there was no strong volume while the correction took place, signaling that the bears are not strong. Now that the consolidation phase is almost over, prices moved above EMA50/EMA10, we are very likely to see next a bullish jump. Condition for change If prices break and close below the last low, the above analysis is invalidated. Namaste.
Long
by AlanSantana
21
Parabolic Curve Theory idea for $LRC***This is not financial advice, it is a personal investigation log intended for furthering my knowledge on Parabolic Curve Theory ( PCT )*** This is a daily chart for Loopring $LRC vs $BTC. Pattern analysis is clearly a Rounded Bottom (RB) at a +/-70% advance in time with a total estimated span of approximately 85 days. Bottom of the base: 847 satoshi Projected top: 1,869 satoshi Projection for bases 1 through 4 set at .236, .382, .500, .618 Fibonacci levels. These have been determined by measuring an inverse retracement from base to top to force the Fib tool to place the levels from 0 to 1 to cover the complete parabola. At the moment of publishing the estimated profit % when reaching the top is of 92% I will update close to when the different stages are reached to keep track of the price action behavior. Any comments and further insight are welcome.
by AponSOKS1978