a new normal? LRC has recently had a 300%+ move!
(following leaked news about a partnership with gamestop to release a line of NFT's.)
As we've said in the past the tech is there.
Things to note / look out for:
- Loop can potentially have another pump in the near future but a much healthier option is for LRC to adjust to an evaluation of over $1. It's likely that the price will be channel driven horizontally for a few weeks.
- LRC has yet to have a daily close above $1.50.
- LRC's highest weekly close is $1.335, we can potentially close above this and put in a new ATH weekly bar close.
- If the GME + LRC news was only a leak, imagine what the craze would be like once the official news is out. LRC is a smaller project that is yet to even put in a new ATH (prior = 2.50 - 2.85 /depending on the exchange) which the majority of established projects have already done this cycle. Sticking with my previous price predictions of $6 - $8 for now.
I'm feeling bullish ;)
