In the past year, LRC has gone through 2 peaks and dips. - Fib retracement puts top between 1.6 and 2 on the next peak - Each dip crashes pretty extensively - If pattern continues, next peak could be between $11 and $15 then crashing hard.
Caveats - Different market conditions (very volatile, crypto is suffering a major correction) - Price is hard to push up in higher Market caps (could only top at around $10). - No GME, doubtful it has any momentum to reach there
The 8W SMA has been useful to gauge LRCUSD' potential for previous runs. It will be bullish if LRCUSD closes a candle above the 8W SMA (currently at $1.7). If so, then your targets are very reasonable indeed.