Loopring bullish presignal on going

Brian Leclere - 29 March 2022 - APP LRC

By Market Minds : 

Context :

Following the last past week bearish price action on the crypto space, the LRC – Loopring, an interoperability solution L2 for CEX /DEX, was evolving within a bearish trend before reaching the key Fibo and auto similar move (Blue arrow) potential at 0,65 (// 28,800 – 32,400 area BTC ) – Today with a strong bullish price action the LRC reached 1,24 area the bullish upside confirmation level to break to open a larger rise towards the next target.

Im really confident to see all the coin around interoperability chain / bridge surging this year ( ex: BICO, CELR, LRC GRT KSM …) it is a strong thematic…

Tactical view 3 to 6 weeks

buy any dips (1,00/0,95 perfect area) above 0,65 to play a break above 1,24 and play freelunch at 2,60 and and test of the former top in extension

 

(Price are displayed in USDT) 

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