Confidence in Loopring. Part 2Hear, I have overlaid the (logarithmic) bar pattern of LRC prior to its massive run in 2017. The log pattern preserves percentage gain relative to price.
- No pattern can play out perfectly but we can see some similarities.
- Currently, LRC is trading horizontally for a longer time than it did in 2017. This is by no means a bad thing, I think its even better in the long run because it allows Loopring to build a better foundation for future momentum.
- Next post I will be giving a price prediction and we'll see what is possible for this token. Below I have linked part 1.