Lrcusdt
Loopring, The Time Has ComeThis one's set for an explosive move of unparalleled proportion.
As always, it's important you educate yourself and dyor! This is purely a speculative personal analysis.
I've been stacking LRC for quite a while now. This is the one of the few remaining layer twos that hasn't seen its day yet. Largely in part because of its novel complexity(ZK-rollups) and the recent market correction, it has been difficult for the average joe to wrap their head around its utility. That's all set to change very soon.
This is one of the most bleeding edge-crypto tech of its kind. We've seen Vitalik acknowledge this on several occasions.
“In the medium to long term ZK rollups will win out in all use cases as ZK-SNARK technology improves” — Vitalik Buterin (creator of Ethereum )
vitalik.ca
This is one of the the most stacked teams in all of the crypto ecosystem with some serious pedigree. Pioneering the next generation of L2. The product is about to reflect that real soon, making it one of the most popular decentralized exchanges of its kind. Comparable to its centralized counterparts like Coinbase, Binance, etc.
medium.com
medium.com
miro.medium.com
OBV - We're seeing buying pressure remain consistent in its trajectory. Seeing a consistent multi-month climb of OBV, regardless of the recent market volatility , it has maintained its structure. Overall it's looking good.
RSI - Originally bordering on oversold and lying dormant, RSI's cooled down since the recent market correction and breaking out of a wedge formation. Ready to accommodate an explosive climb.
MACD - Looks like it has been weighed down long enough by BTCs gravitational pull. Recently, flipping bullish after nearly a month.
STOCH - On the BTC Pairing: We've been able to flip the stochastic from a recent downtrend, altering its trajectory back into a climb.
LRC Uptrend Possibility LRC looks good to me, in HTF it is likely
to moving in an imaginary uptrend channel,
i dont like to buy it at this level because
it is too overbought, but if the price
pass 0.27272 I will take it. in case it is a correction i could expect typically 0.48
for it and upper targets also available depend
on reaction to the first zone.
As minimum target 0.35 could be possible w
ith regard the BAT Pattern and also
breakout of trigger line.
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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Channel Breakout📈Hurray, wolves🔥
There is an interesting formation on LRC/USDT crypto pair.
The price was in a slight bearish trend before this consolidation.
According to Elliott Waves theory all the waves are done.
Then there was a bullish breakout.
Possible may retest new support level.
However it may increase without retesting.
Follow the chart and look for the best price to enter carefully.
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And always remember: "we don't predict, we react".
LRC - Loopring Potential %20 Hello everyone, this is not an investment advice.
LRC Market Cap : 783M $, in my opinion it will be around 1B after this Handle + Cup formation.
Entry point is between 0.61-0.63
Stop = 0.80
Resistance level is 0.81948
Profit %20
Wish you profitable trades while Venus enters Taurus.
Light & Love