A Sharp Decline in Loopring Price (LRC); Smart Money Dumped it?

A Sharp Decline in Loopring Price (LRC); Smart Money Dumped it?

1
Loopring price prediction is bearish for January 2024 and suggests more decline may be visible.
2
LRC price fell 11.88% in the last trading session and hit a low at $0.2075.
3
Buyers of Loopring struggle to hold the price above the 50-day EMA.
Loopring price prediction favors the bears and suggests more downfall is possible in the short term. It faced rejection from the $0.3500 and witnessed a sharp sell-off from the higher levels. 
LRC price reversed down and showed initial signs of a short-term correction. If the price falls further, it will be clear that the trend of this crypto has reversed in the downward direction. 
The 50-day EMA is trying to provide support and halt the correction but sellers look aggressive and likely to win the battle. 
In the last session, LRC crypto price fell 11.88% and hit a low of $0.2075. However, the price showed a minor recovery and closed at $0.02656 from its low. The bounce back looks temporary an

Czytaj więcej

We współpracy z: https://www.thecoinrepublic.com/2024/01/04/a-sharp-decline-in-loopring-price-lrc-smart-money-dumped-it/

Total
0
Shares
Dodaj komentarz

Podobne Wpisy