@emiliash6731, personally.. breaking 1.20 and staying above would be a start.. but ultimately the 1.6-1.7 area is the area I'm looking for lrc to break to consider full on bullish. This doesnt take into account what lrc may or may not announce.
spiritedEnthus57268
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@Bobron, which are the key levels of support for LRC and according to your knowledge is it a good moment to get in now or should we wait to drop more? What should we expect in the upcoming period?
Bobron
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@spiritedEnthus57268, This all depends on what your investment strategy is. Are you looking to hold this for a considerable amount of time or are you looking to scalp trades or are you waiting for LRC news drops? Longing - yes, good spot, because 10-20 cents wont matter much in the long run and there is a chance that this does break above into 1.20 in the next week. The worst thing you can do, and we have all done it, is wait for the bottom to get lower and then it never does. In retrospect 10-20 cents isn't much. Scalping - id sell right now and rebuy at 80 cents, sell at 87-90 and repeat inbetween squeezing averages, but you have to sit at the computer all day to watch it. My current play right now is short term up. I still see btc dropping once more to crush everyones soul and get people crying/fear selling a little bit more. That would put lrc at 60 ish cents.
Again great place to long and not worry about the day to day price fluctuations.