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Lrcusdt

LRC bullish momentum time to buy? 👀 🚀loopring today analysis💎LRC is making an impressive move as it has recently broken out of the channel and is primed for a bullish surge. 💎It's on the verge of trading above the 50 EMA. If it maintains its momentum above this EMA, we can anticipate a strong bullish move. The fact that it's trading in a high-demand area is a significant factor that can't be overlooked. 💎Another point to consider is the box. If the price breaks through this box, we may no longer be in an upward trend. 💎In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
Long
by MyCryptoParadise_Simon
Trend Continuation Idea 🤖 Multi-timeframe Technical Analysis: D1 Bounced off strongly from key support level that holds the uptrend within the ranging market. H4 Ichimoku Kumo Breakout destroying downtrend structure signaling the start of a potential reversal to the upside which goes along with Daily Timeframe trend and structure. Key Areas Key Support area: 0.2748 - 0.2493 (Potential Entries) Key Resistance area: 0.4558 - 0.5243 (Potential Targets) Please make sure to check brokers slippage along with trading fees for you to accommodate if the trading signal is useful for you or not. Do not risk entire portfolio on a single trade. Remember market is king! Stay healthy and happy trading!
Long
by KinaStar
LRC: Pullback in UptrendLoopring (LRC) technical analysis: Trade setup: Following a bullish breakout from Falling Wedge pattern, price reached our target $0.50 where it got rejected. Pullback near $0.30 support and 200-day moving average could be a swing entry. Momentum is inflecting bullish again (MACD Histogram rising). Trend: Downtrend on Short-Term basis, Neutral on Medium-Term basis and Uptrend on Long-Term basis. Momentum is Bearish but inflecting. MACD Line is below MACD Signal Line and RSI is below 45 but momentum may have bottomed since MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing. Support and Resistance: Nearest Support Zone is $0.30, then $0.20. The nearest Resistance Zone is $0.40, then $0.50.
Long
by altFINS
LRCUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a 4-hour-time frame analysis for LRCUSDT In the current chart, R3 used to a support area. R1 is the resistance area which contains the unsuccessful attempts of price to rise. S1 used to be a resistance line. And S2 is our support line at the bottom with its well support of price at several points. Presently, the price was able to have a noticeable rise and touch S1 and then by having a falling trend, it could break S1 upward and now it is fluctuating over it. We will predict the price to give us some rising signs and an increase is waiting for it to touch R1 besides the activation of the long position of our chart. Or even by not being supported, more fall would take place for the price downward to lower amounts. We recommend you to have every piece of information and idea via our analyses for receiving more profitable trades. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
Long
by MarsSignals
2
LRC: Approaching ResistanceLoopring (LRC) technical analysis: Trade setup : Bullish breakout from Falling Wedge pattern, was confirmed with a break above $0.30 key level to indicate bullish trend reversal. Price broke above $0.40 resistance to resume uptrend and reached our target $0.50. Now we wait for price to either 1) break above $0.50 to resume uptrend, or 2) pull back near $0.40 support for a swing entry in uptrend. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55). Support and Resistance : Nearest Support Zone is $0.40 (previous resistance), then $0.30. The nearest Resistance Zone is $0.50.
Long
by altFINS
1