Loopring ( LRC ) Price Prediction 2022
Loopring ( LRC ) holds the 90th position on CoinGecko right now. LRC price prediction 2022 is explained below with a daily time frame.
The above chart of Loopring ( LRC ) laid out a Descending Channel . Descending channel also known as the falling channel . A descending channel is formed by two parallel trendlines . The upper trendline, which joins the highs, and the lower trendline, which joins the lows, run parallelly downwards. This pattern is the characteristic of a bearish market.
Currently, Loopring ( LRC ) is in the range of $ 0.4805. If the pattern continues, the price of LRC might reach the resistance levels of $ 1.3780 ,If the trend reverses, then the price of LRC may fall to $ 0.3232
Loopring ( LRC ) Support and Resistance Levels
The chart below shows the support and resistance levels of Loopring ( LRC )
From the above daily time frame, we can clearly interpret the following as the resistance and support levels for Loopring ( LRC ).
Resistance Level 1 $0.5105
Resistance Level 2 $0.7238
Resistance Level 3 $1.0925
Resistance Level 4 $1.6536
Support Level $0.3372
LRC /USDT Support and Resistance Levels
The charts show that Loopring ( LRC ) has performed a bullish trend over the past month. If this trend continues, LRC might run along with the bulls overtaking its resistance level at $1.6536.
Accordingly, if the investors turn against the crypto, the price of Loopring ( LRC ) might plummet to almost $0.3372 , a bearish signal.
Short Note :
Breakout Level : $0.4845
Target : $1.3780
Stop Loss : $0.3232
Happy Trading !!!!
Loopring ( LRC ) holds the 90th position on CoinGecko right now. LRC price prediction 2022 is explained below with a daily time frame.
The above chart of Loopring ( LRC ) laid out a Descending Channel . Descending channel also known as the falling channel . A descending channel is formed by two parallel trendlines . The upper trendline, which joins the highs, and the lower trendline, which joins the lows, run parallelly downwards. This pattern is the characteristic of a bearish market.
Currently, Loopring ( LRC ) is in the range of $ 0.4805. If the pattern continues, the price of LRC might reach the resistance levels of $ 1.3780 ,If the trend reverses, then the price of LRC may fall to $ 0.3232
Loopring ( LRC ) Support and Resistance Levels
The chart below shows the support and resistance levels of Loopring ( LRC )
Resistance Level 1 $0.5105
Resistance Level 2 $0.7238
Resistance Level 3 $1.0925
Resistance Level 4 $1.6536
Support Level $0.3372
LRC /USDT Support and Resistance Levels
The charts show that Loopring ( LRC ) has performed a bullish trend over the past month. If this trend continues, LRC might run along with the bulls overtaking its resistance level at $1.6536.
Accordingly, if the investors turn against the crypto, the price of Loopring ( LRC ) might plummet to almost $0.3372 , a bearish signal.
Short Note :
Breakout Level : $0.4845
Target : $1.3780
Stop Loss : $0.3232
Happy Trading !!!!
