LoopringLong
LRCUSD Ready for next Breakout early Nov 10th
LRCUSD originally spiked to $2.50. Then posted a strong bullish pennant where it consolidated and volume diminished. This lead to a very strong surge up parallel channels all the way to test $3.00 resistance. It has currently tested $3.00 resistance several times and appears to be consolidating down a similar pennant pattern.
Prediction: Price breakout to re-test and surpass $3.00 by early AM Nov. 10th.
To recap: LRC is a 2nd layer Etherium rollup coin used to speed up transactions off the blockchain. The hype surrounding this coin is that it will be used in a future NFT marketplace by Gamestop of all companies. Buy the rumor, sell the news. IMO now is potentially a good time to get in before bigger news hits and this heads towards a $5.00 in the next year.
Prediction: Price breakout to re-test and surpass $3.00 by early AM Nov. 10th.
To recap: LRC is a 2nd layer Etherium rollup coin used to speed up transactions off the blockchain. The hype surrounding this coin is that it will be used in a future NFT marketplace by Gamestop of all companies. Buy the rumor, sell the news. IMO now is potentially a good time to get in before bigger news hits and this heads towards a $5.00 in the next year.
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