✴️ Loopring Ready For Major Bullish Explosion (500% Possible)

Here is another incredible chart, things will soon get out of control; A bullish disorder.

Loopring (LRCUSDT) has been rising strong since 19-Oct and is showing a super high RSI.
While the RSI looks great, the current price is barely trading above the early November 2022 low. This means that growth potential is still intact and the bullish bias strong right from the get go.

The volume lines can be tricky, they seem pretty small but it is not about the size but the size compared to previous days, previous sessions. Lately, the trading volume has been 3, 4, 5 times above the average in the past 7 months, telling us clearly that behind the scenes the bulls, smart money and emotionally well balanced people are already buying up.

What follows is a bullish wave, no surprise, with a target of 500% or more.
We can look closer, 50%, 100% and 148% can happen within this month or within days.

When it moves it moves fast and strong.
The consolidation phase can take many months but the breakout alone can produce 100% in a single day, sometimes less, sometimes more.

Namaste.

Comment:

Loopring is just building momentum (slowly growing) in order to take off.
All the potential is still intact.

It looks good on all timeframes: short, mid and long-term.

The bottom is already in, so we will experience long-term growth; higher highs and higher lows.

Namaste.