LRC
LRCUSDTunlike most of the coins this one showed a bearish bias from 12th Feb and way before other ones and there are going to be a sharp pump soon in this alt coin
good to have a portion for mid to long term holdings
👉this idea has the confirmation of advanced price action
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UPDATE: Parabolic Curve Theory idea for $LRC vs BTCThis is an updated daily chart for Loopring $LRC against BTC pair...
Setup is still in play although it was visibly affected by the BTC Dip on april 18th.
Interested to see 2 things in this case:
- Volume is pretty low and it has been since before the Rounded Bottom began to develop. Eyes generally fixate on lower cap coins at the very end of the money flow and it's the case for this 40 satoshi coin.
- Patterns to me are pretty much like a figure-shaped support. This feeling is reaffirmed with the april 18th and 19th dip stopping it's descending path to hug the parabolic curve again.
Loopring (LRC) Getting Ready For A Bullish Jump!The chart for Loopring (LRCBTC) looks beautiful now that a higher low is being cemented.
After the February 2021 bullish wave, LRCBTC went on to retrace and after some consolidation, signals are coming up pointing to higher prices.
LRCBTC recently moved above EMA50 and there was no strong volume while the correction took place, signaling that the bears are not strong.
Now that the consolidation phase is almost over, prices moved above EMA50/EMA10, we are very likely to see next a bullish jump.
Condition for change
If prices break and close below the last low, the above analysis is invalidated.
Namaste.
LRC is it only me or those two seem pretty similar?
we are now looking at the hrs chart, and IMO it is the start of the bull trend.
2 big green candles in the hrs, which looks like the 2 that also the XRP chart had shown before its enormous climb.
I am bullish on this one, planning to reconsider my position once it reaches 1.8 USD ($), expecting a 3X in the following 1 to 2 weeks of trading.
good luck to you all, trade safe and don't use more than you can sustain to lose.
-- this is supposed to be a last-minute call, but please: don't jump in without taking your own consideration --
LRC USDT ELWAVE The latest analysis of our group
An intermediate cycle is completing wave 5. Wave 3 main cycles are not completed.
It looks like it will perform well in the long term. Of course, we should not forget the 4th wave of the main cycle.
This is not a financial recommendation.
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Parabolic Curve Theory idea for $LRC***This is not financial advice, it is a personal investigation log intended for furthering my knowledge on Parabolic Curve Theory ( PCT )***
This is a daily chart for Loopring $LRC vs $BTC.
Pattern analysis is clearly a Rounded Bottom (RB) at a +/-70% advance in time with a total estimated span of approximately 85 days.
Bottom of the base: 847 satoshi
Projected top: 1,869 satoshi
Projection for bases 1 through 4 set at .236, .382, .500, .618 Fibonacci levels. These have been determined by measuring an inverse retracement from base to top to force the Fib tool to place the levels from 0 to 1 to cover the complete parabola.
At the moment of publishing the estimated profit % when reaching the top is of 92%
I will update close to when the different stages are reached to keep track of the price action behavior.
Any comments and further insight are welcome.
lrc/usdt 1dlrc today hit the downtrend line and rejected in 1d
for now we are awaiting to see if today candle closes above 0.50 $
if this happens then lrc will move to 0.60 $ then 0.90 $ in next few days
in lrc breaks 0.90 and sustains above it , then we expect to reach 1 and 1.3 and 1.6 $
lets see what happens...
LRC - Loopring is still at the bottom. Very good buy opportunityLRC is very good project which didn`t pump yet. This coin is little behind top 100 of cryptocurrency. It can pump and go back to top100 anytime. If you are searching for coin which didn`t jump yet it may be good option for you. Buy the dip and wait for pump!
🚀 This coin is on our golden long-term altcoins list. It may be very good project for long term investment.
❎ No TP for long-term investments. We can`t predict exact altcoins targets in long term, but thanks to our experience and glassnode we are able to predict exact bitcoin targets. Our long-term strategy is just to hold these altcoins until glassnode indicators will say us that we are close to end of bullrun. And then we will sell everything in 15% parts.
✅ Bullrun is easy. Just accumulate coins from our golden list (long) and play with our signals (short). Diversification is the key to success.
LRC possible breakoutThere are big possibilities we could see some pullback here due to 4 hour RSI already on overbought area. I see some big support around 0.45 area. This could a great place to long. Daily RSI still below overbought area and I see hidden bullish divergence. We will see some pump if BTC going sideway or dint dump.
But there are possibilities we could go lower due to volatility of BTC. If BTC crash from here, we could see LRC will follow to dump.
Loopring LRC is looking Bullish As It Stays Above $0.60My Targets For LRC are based on the triangle breakout and fib measurements.
The first target is 0.70 cents. After breaking past that level the next leg up is above 0.80 cents. This is a good take-profit zone but if this coin does surge then my last target is around $1.14. The support level seems to be around 0.54 cents.
Bullish Factors:
Recently added to Gemini
Good Project
Provides scaling solutions
Ethereum based decentralized exchange protocol created to allow users to exchange assets across various exchanges.
New Upgrades
I'm not a financial adviser and you should view multiple sources and do your own research before making any trade.