Loopring Price Prediction for Today, January 24: LRC/USD Follows Bullish Sentiment at $0.32

Join Our Telegram channel to stay up to date on breaking news coverage

The Loopring price prediction shows that LRC is likely to climb above the upper boundary to continue the upward trend.

Loopring Prediction Statistics Data:

  • Loopring price now – $0.31
  • Loopring market cap – $421 billion
  • Loopring circulating supply – 1.33 billion
  • Loopring total supply – 1.37 billion
  • Loopring Coinmarketcap ranking – #88

LRC/USD Market

Key Levels:

Resistance levels: $0.38, $0.40, $0.42

Support levels: $0.24, $0.22, $0.20

Loopring Price Prediction for Today, January 24: LRC/USD Follows Bullish Sentiment at $0.32
LRCUSD – Daily Chart

LRC/USD is currently changing hands at around $0.318 as the coin touches the daily high at $0.327 with a market cap of $421.2 million. Today’s trading begins with a tremendous uptrend in the market as the coin hovers above the 9-day and 21-day moving averages. However, according to the daily chart, traders are anticipating that the current price movement is an indication of the upcoming price rally in the market.

Loopring Price Prediction: LRC/USD May Gain More Uptrends

Looking at the daily chart, the next step for the Loopring price is to stay above the 9-day and 21-day moving averages. Once this is done, bulls may now push the coin above the upper boundary of the channel to touch the nearest resistance level at $0.35.

However, as the technical Indicator Relative Strength Index (14) crosses into the overbought region, LRC/USD may continue to move to the north, once this plays out, it can manage to sustain the bullish movement toward the resistance levels of $0.38, $0.40, and $0.42. Meanwhile, if the price decides to make a quick turn to the south, the support levels could be found at $0.24, $0.22, and $0.20 respectively.

Against Bitcoin, the Loopring is moving to cross above the upper boundary of the channel as the coin faces the north. At the moment, bulls are to push the coin to the positive side as the technical Indicator Relative Strength Index (14) moves above 60-level.

LRCBTC – Daily Chart

However, if the bulls push the price above the channel, LRC/BTC may rise to the resistance level of 1600 SAT and above. The continuation of the bullish movement may keep the price above the moving averages, but crossing below the 9-day and 21-day moving averages may cause the coin to hit the support level of 1100 SAT and below.

Nonetheless, Meta Masters Guild (MEMAG) is the most rapidly growing Play-to-Earn guild of this year. Therefore, it is going to be the biggest mobile gaming guild in Web3. Fun and interesting games, which are compatible with NFTs, are created. And there, community members are rewarded as they speculate and also invest. The MEMAG presale is ongoing and close to $1.5 million has been raised so far.

Related

  • Meta Masters Guild – The Fastest Growing Play-to-Earn Guild of 2023
  • How to buy MEMAG

Meta Masters Guild - Play and Earn Crypto

Rating

Meta Masters Guild
  • Innovative P2E NFT Games Library Launching in 2023
  • Free to Play - No Barrier to Entry
  • Putting the Fun Back Into Blockchain Games
  • Rewards, Staking, In-Game NFTs
  • Real-World Community of Gamers & Traders
  • Round One of Token Sale Live Now - memag.io
Meta Masters Guild
Join Presale

Join Our Telegram channel to stay up to date on breaking news coverage

Comments

Post a Comment

Popular posts from this blog

Iran completes pre-pilot phase of central bank digital currency

The Central Bank of Iran progresses with CBDC development in anticipation of the Bank of Russia’s governor Elvira Nabiullina’s visit. Iran is moving forward with its central bank digital currency (CBDC) plans, completing preliminary research for the launch of a potential digital rial. The Central Bank of Iran (CBI) has successfully completed a pre-pilot phase in the development of Iran’s CBDC, according to an official statement by CBI’s research arm, the Monetary and Banking Research Institute (MBRI). Mohammad Reza Mani Yekta, head of the CBI office for supervising payment systems, announced the news at the ninth annual conference on electronic banking and payment systems on Feb. 20. He noted that Iran’s central bank plans to increase the scope of the CBDC pilot in the country’s payment system, but doesn’t want to rush its implementation. “The pre-pilot phase ended successfully with valuable achievements. The project will soon be launched in other ecosystems and will be used by mo...
Read more

5 Cryptocurrencies Outperforming Others in the Top 100

Image
WLD’s successful rise above the $8 resistance could trigger a jump toward $10. AR might slip below $20 while selling pressure could lead PEPE down to $0.0000013. Increased buying pressure could send FET above $2 while FLR’s momentum had turned bearish. Over the last few weeks, the broader crypto market has experienced major upside with Bitcoin (BTC) hitting $64,000 at one point. However, apart from Bitcoin’s jump, there have been several cryptocurrencies that have been in the spotlight and performed exceptionally. Here are the top five best-performing coins in the top 100. Worldcoin (WLD) Worldcoin’s (WLD) price increased by 217.82% in the last 30 days. At a particular time, the price of the token crossed $9. However, in the last seven days, the upward trajectory had cooled, and at press time, Worldcoin changed hands at $7.72. Based on the 4-hour WLD/USD chart sellers might have gotten exhausted with support appearing at $7.25. However, a build-up bac...
Read more

ChatGPT 4-o predicts Solana price amid ETF forecast for 2025

Image
Solana (SOL), currently the fifth-largest cryptocurrency by market capitalization, has experienced a notable price jump in the past 24 hours.  This rise is fueled by VanEck, a well-known New York investment management firm, filing an S-1 registration statement for its “VanEck Solana Trust,” marking the first attempt to launch a spot Solana exchange-traded funds (ETFs) in the U.S. In addition, Canadian firm 3iQ Corp recently filed a preliminary prospectus to introduce the Solana Fund (QSOL) in Canada. These filings have generated substantial interest and speculation about Solana’s future price trajectory.   Picks for you 3 cryptocurrencies to turn $100 into $1,000 for end of 2024 32 mins ago Here's Bitcoin's ...
Read more