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CryptoGao1
Mar 23, 2024 9:59 PM

Loopring - Still to early for a parabolic recovery. Long

Loopring / TetherUSBinance

Description

Hey guys, CryptoGao here:

I'm sensing an imminent recovery for Loopring, and this rebound alone could take it towards the targets outlined in the chart. What's more, there are two bullish divergences signaling a potential upswing which are very strong indicators in the weekly chart.

With these indicators in play, it seems like a matter of "when" rather than "if" Loopring will make its move.

Stay tuned as we watch this recovery unfold, poised to seize the opportunities it presents.

Happy trading,
CryptoGao
Comments
Razich
Hi. Thanks for the analysis. Do you think lrc can hit 4-5 dollar in this bull run. Is it realistic ?
CryptoGao1
@Razich, There is a possibility, yes. If things go more bullish than expected can break the sideways channel and go to $10+ eventually
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