Loopring crypto price recovered 20% from the recent lows at $0.1855 and broke out previous week high at $0.2189
LRC price showing initial signs of short term reversal by forming higher high candles but the confirmation is still awaited.
Loopring crypto price is trading with the mild bullish cues and buyers are attempting to reverse the short term trend in the favor of bulls but the confirmation is awaited. As of now, The pair of LRC/USDT is trading at $0.2227 with the intraday gains of 2.58% and 24 hour volume to market ratio stood at 0.1129
Will LRC be able to sustain above 50 day EMA?
Source : LRC/USDT daily chart by Tradingview
On a daily time frame, LRC crypto prices are in a strong downtrend and slipping down while forming lower low swings shows the bears dominance on higher levels. In the past couple of months LRC prices consolidated in narrow range between $0.2200 to $0.2793 with a bearish bias and sadly in the mid of December, bear took the control and prices break down th
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