mascher7675

Loopring x Gamestop!

Long
COINBASE:LRCUSD   Loopring
The Loopring x Gamestop announcement is finally here and official.

- link to tweet: twitter.com/loopringorg/status/1...
- link to GameStop Marketplace Beta: nft.gamestop.com/

Macro:
  • Loopring continues an overall large uptrend when looking at weekly candles.

  • With a market cap of ≈ $1.3 Billion, Loopring has a lot of room for big gains.


Short Term Chart:
  • Loopring has been rejected twice by its 200 day moving average in the past 2 months.

  • Correlating with Gamestop's pump, Loopring has shot up (to its recent top) over 80%.

  • As long as GME & BTC stay in good shape (which they both are!) - I think we can see LRC push past the 200D to higher evaluations.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.