Loopring x Gamestop! Long
Loopring / United States DollarCoinbase
Description
⋅ 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.