您现在的位置是:Loopring (LRC) could rally to $1.2 in the near term >>正文
Loopring (LRC) could rally to $1.2 in the near term
上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛4人已围观
简介After reporting a sharp fall over the last three days, it seems like Loopring (LRC)has started to co...
After reporting a sharp fall over the last three days, it seems like Loopring (LRC)has started to consolidate. The coin could find enough demand for another rally in the coming days. But how fast will this happen? More analysis to follow but here are the latest developments:
Despite the recent fall, LRC is still within an important upward trend line
The coin also shows a bullish signal on the Relative Strength Index (RSI)
LRC could surge towards $1.2 before it tries to consolidate once again.
Data Source: Tradingview
Loopring (LRC) – Analysis and price prediction
The last 3 days have proved quite difficult for LRC holders. The coin has seen a major drop and was in fact down by around 7% in the last 24 hours. But this doesn’t mean the token is in a bear market.
We are in fact seeing a period of price consolidation within a very important upper trend line. As such, we expect LRC to report more gains in the days ahead. Conservative estimates show that the coin could hit $1.2 before it finds further momentum. This will still represent a gain of around 20% from the current price.
Also, the RSI reading shows LRC is now in oversold territory. This could suggest that any risk of another major sell-off is highly unlikely. This analysis will however be null and void if LRC falls below $0.735.
Why should you buy LRC now?
Loopring is a scaling solution for Ethereum that has a lot of star-studded investors. It’s a project that has great long-term value. There is also an opportunity to make a return on a short-term trade.
Since the coin is roughly trading at around $1 right now, there is a likely 20% upswing in the days ahead if the surge towards $1.2 happens. The perfect entry zone for this short-term play will be between $0.74 and $1.
Tags:
转载:欢迎各位朋友分享到网络,但转载请说明文章出处“上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛”。http://www.jz08.com.cn/news/1924.html
相关文章
Hawaii Senate sets up crypto task force
Loopring (LRC) could rally to $1.2 in the near termThe Commerce and Consumer Protection (CPN) and Ways and Means (WAM) approved in a unanimous vote to...
阅读更多
Countdown to the 2nd phase of the Chancer presale
Loopring (LRC) could rally to $1.2 in the near termChancer presale has seen strong demand as investors bet on blockchain-based betting.Less than 10% of...
阅读更多
SafeFloki is up 576% in 24 h: Top places to buy SafeFloki
Loopring (LRC) could rally to $1.2 in the near termThe live SafeFloki price today is $1.76e-10 with a 24-hour trading volume of $68,853. Its price surg...
阅读更多
热门文章
最新文章
Zoomex X WSOT 2023: Unleash Your Trading Prowess and Race to $7 Million in Prizes!
World’s biggest hydrogen power plant goes up in South Australia
A NEOM subsidiary partners up with 2 tech giants to accelerate AI technology
Adele's 'Easy on Me' Is an Understated Bid for Emotional Restoration
Bitcoin Cash price hits 3
Nuclear powered Bitcoin mining to start operations in US this year