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Loopring

Uniswap Volume Hit BELOW $24 Billion TODAY Uniswap saw a further decrease in exchanging volume during the seventh month of the year because of diminished financial backer interest in computerized resources. Uniswap arrived at a new low in July as the month ended up being one of the more terrible periods in the exchanging history of the decentralized trade (DEX). The DEX kept about $37.8 billion in volume during the primary month of the second from the last quarter of 2022, as per Be Crypto Research. While this worth might appear to be high because of the volume recorded by contending DEXs, for example, 1inch, SushiSwap, Curve, Balancer, dYdX, Loopring, Shibaswap, and Mooniswap, it was an 18% reduction from June. Uniswap volume for June was around $46.4 billion. After arriving at a new low since it kept a volume of $32 billion in February 2021, Uniswap likewise saw a 4% drop year-over-year in exchanging volume from July of a year ago. In July 2021, Uniswap had an exchange volume in the locale of $39.8 billion. Generally speaking, July's measurement was a $24.8 billion tumble from the yearly high of $62.7 billion in May. What caused the dunk in Uniswap volume? An in general negative market that developed in May which acquired additionally ground in June, and reached out to July has been credited as the reason for the drop in the exchanging volume of Uniswap, decentralized trades, and unified trades (CEXs) all in all. UNI cost response UNI opened on July 1, with an exchange cost of $4.99, arrived at a month-to-month high of $9.74, tried a month-to-month low of $4.73, and shut the month at $8.37. Generally, despite a decrease in exchanging volume, the moderately lower costs of tokens saw a 67% expansion between the opening and shutting cost of UNI in July.
BITTREX:UNIUSDLong
by IPatrice
Loopring Relief?Before looking at any altcoin, we must look at the status of Bitcoin. BTC is in a healthy short-term uptrend after having a 75% drop to below $18k. - If Bitcoin is able to make a move to $27,500 - $30,000 we can see alt coins like LRC following suit. BITSTAMP:BTCUSD Loopring has been in a comfortable uptrend from $.30 to $.50 for the past 2 months, accumulating for what looks to be a move to the upside and some relief after a long -90%+ move. TARGET: ≈ $.80 - Keep an eye on BTC because looks like buyers are slowly & quietly moving back into the space.
COINBASE:LRCUSDLong
by mascher7675
Matic following zkEVM news (~85% increase); playing other L2'sMatic (Polygon) has recently launched their zkEVM. This was bullish news and we saw a price action breakout of the downtrend that resulted in an 85% move upward. Loopring (another L2 that aims to accomplish similar objectives), is releasing their zkEVM quite soon. We don't know exactly when, but the hope is it will be released or scheduled to be released within the quarter. With sellers becoming exhausted, I would say now would be a good time to accumulate spot LRC; a breakout of the downward trend would signal a more aggressive entry into a position. If my thinking is alright, we could see a retrace of the .618 fib on LRC bringing price to around $1.60. From there, it will be about following momentum and volume.
MLong
by wmcphail
Loopring-USDTPamp Coin. Since the last high the price has corrected by 90%. The price is moving in a downtrend, now an attempt to equalize the local trend. It is possible to consider a speculative trade in case of price fixing above 0.4 or from support 0.36 at its (confirmation, i.e. rebound from the level). Targets are 0.51 and 0.6. Stop at consolidation below 0.36, or based on your risk profile. 1D If you liked this stuff, then like and subscribe, so you don't miss anything. Always use STOP, and do not use a leverage higher than x3. A trader must always have tomorrow.
by Kirill_Gaitan
I Believe this is a trapThis looks like a bull trap to me. LRC should hit 24ish cents before we see and uptrend again, but if the global market wants to keep diving we then we definitely see sub 10 cents regardless of the market launch (which sees an obvious boost before another dump). Maybe the launch will come full with games, movies, big content from big creators/companies? Could that potentially become a "catalyst''? If it's just useless, ugly photos/gifs at launch then we most definitely will continue to dump. Terrible time to have to be hyping a launch. My quick two cents on the situation before August, 24 cents, and that one sure thing is the uncertainty with market fear. BUY when it's best for YOU.
Long
by Bobron
LRC/USDT : Loopring bullish presignal on goingLRC/USDT : Loopring bullish presignal on going Context : Following the last past week bearish price action on the crypto space, the LRC - Loopring, an interoperability solution L2 for CEX/DEX, was evolving within a bearish trend before reaching the key Fibo and auto similar move (Blue arrow) potential at 0,65 (// 28,800 - 32,400 area BTC) - Today with a strong bullish price action the LRC reached 1,24 area the bullish upside confirmation level to break to open a larger rise towards the next target. Im really confident to see all the coin around interoperability chain / bridge surging this year ( ex: BICO, CELR, LRC,GRT,KSM...) it is a strong thematic... Tactical view 3 to 6 weeks buy any dips (1,00/0,95 perfect area) above 0,65 to play a break above 1,24 and play freelunch at 2,60 and and test of the former top in extension Enjoy my friend ! (And don't hesitate to have a look to my website in signature we have nice giveaway/contest on going with the launch of our app in the next days :) )
Long
by JeanJean1983
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