LooksRare first burst into the scene as one of the first NFT marketplaces to carry a vampire attack on OpenSea and it was rewarded heavily as its LOOKS token enjoyed great success. Just like the rest of the crypto market, the LOOKS has since succumbed to the bearish headwinds, losing over 98% of its bull market highs. However, this might not continue for long as one crypto analyst has predicted a massive burst that could send the price toward its previous highs.
LOOKS Poised For Parabolic Move
In an analysis posted on TradingView, a crypto analyst that goes by without_worries on the platform has predicted a meteoric price rise for the LOOKS token. The analysis identifies major indicators that have turned bullish, pointing to a 10000% increase in price.
First, the analyst notes that the price action and the RSI resistance breakouts point to a potential bull rally. Then there is also the fact that multiple oscillators have turned toward a positive divergence with the price action that ha
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