LRC - blast off incoming. New ATH.3 words.
Cup and handle.
Clear monthly closes with higher lows.
Once the resistance is completely broken at the .55 zone, following are the targets:
Targets:
1.40 zone
Retest .90 zone
Final monthly wick 3.50+ zone
Plain and simple.
Who's holding this baby?
This is not investment or trading advice. You must be knowledgeable and conscious of your own decisions and actions.
LRC
$LRC - Waking up from a long downtrend$LRC is the Ethereum-based cryptocurrency token of Loopring, an open protocol designed for the building of decentralized crypto exchanges.
We have a nice break-out from long-term downtrend on LRCBTC chart.
We have also an Adam & Eve double bottom formation on LRCUSDT chart.
It's about to fly guys !
LRC breaks all time high and looks to move much higherLRC breaks all time high and looks to move much higher.
TLDR
What Loopring is
An application-specific zkRollup protocol, a relayer, an L2 non-custodial exchange, a smart wallet — but eventually it will just be Loopring, where you use, trade, grow, and store your assets.
Aiming to become the leading user-facing financial services application in the world. Trading, investing, payments, ‘banking’. The gateway of choice for users to experience the parallel financial system of Ethereum — in all its glory and security.
What Loopring is not
A generalizable zkRollup seeking to support arbitrary protocols or functionality deployed atop it.
An L2 focusing on having other projects build their products atop it.
#LRCbtc / Loopring / #LRCLoopring?
What is that???
BINANCE:LRCBTC
Loopring is a software running on Ethereum that aims to incentivize a global network of users to operate a platform that enables the creation of new types of crypto asset exchanges. ... With zkRollups, Loopring asserts its exchanges can offer faster settlements for traders.
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Technically, it can touch OR break up horizontal Red line easily in mid-term.
We have three powerful strategies here on the chart:
MA 200
Trend line
Fibonacci 0.618 on trendline and
Also another Fibo in order to see target point which are here Red horizontal lines...
Nice, is not it?????