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Lrcusd

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
LoopRing cup and handle resistance tests (+)LoopRing (LRC) is simply doing what LoopRing does. LRC is a token that always seems to move in cup-and-handle chart formations. 🔹 We get a huge upswing, 🔹 We crash down, 🔶 We rebuild in violent strikes toward the the resistance point. 🔶 Two times... Three times... no dice. 🔶 By the 4th and 5th strike... 💠 We've now formed a LoopRing cup and handle, and are poised for new price discovery. ♠️🤫🐿
Long
by FutureAmericanExpat
5
Loopring LRC with room to grow - addresses in profitLoopring LRC with room to grow - addresses in profit Putting on-chain data by @intotheblock on the daily chart we see enough room to grow for LRC according to the last sell-off situation end of November 2021. Currently 67.31% are in profit - end November 85.48% have been in profit as taking profit started. Tell me if you like these charts - will analyse more Crypto for you. Drop me a nice comment if you'd like me to analyze any other cryptocurrency. *not financial advice do your own research before investing
BINANCE:LRCUSDLong
by Crypto4Everybody
1