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MyCryptoParadise
Jan 11, 2024 8:53 AM

LRC/USDT upward momentum from demand? 👀🚀LRC Analysis Long

Loopring / TetherUSBinance

Description

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💎 Paradisers, focus on #LRCUSDT, which is hinting at an upward trajectory, though it might experience a retracement before continuing its bullish journey from Order Block at demand zone.

💎 #Loopring is currently on an upward curve, poised for a bullish breakout from its established demand level. Should #LRC successfully hold above the $0.2469 level, we're looking at a potential advance towards the key supply zone at $0.4082.

💎 However, if #LRC faces challenges in maintaining its momentum above the $0.2469 demand level, a recalibration of our trading strategy could be in order. In this situation, we would shift our focus to a possible bullish movement from a lower demand level at $0.2075.

💎 Monitoring this level is essential, as a breach below it would signal the need for a strategic realignment, potentially pointing to difficulties in sustaining a bullish trend in the #LRC market.
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