Loopring (LRC) gets a very bullish rating from InvestorsObserver Monday. The Smart Contracts asset is up 22.19% to $0.4614136727 while the broader crypto market is up 2.21%.
Loopring has a Very Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on Loopring!
Very Bullish
Over the last five days, Loopring has earned a Very Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Loopring over the past five days by volume and price movement.The Sentiment Score provides a quick, short-term look at the crypto’s recent performance. This can be useful for both short-term investors looking to ride a rally and longer-term investors trying to buy the dip.
Price Levels
Loopring is currently trading near its five-day high of $0.462205030263327. The Smart Contracts asset is 0.17% off its five-day high and is 66.07% higher than its five-day low of $0.277837187051773.Loopring price is currently above resistance. With support set around $0.356375760600748 and resistance at $0.407793588206949, Loopring is potentially in a volatile position if the rally burns out.
Loopring has traded on low volume recently. This means that today's volume is below its average volume over the past seven days.
What is a token?
Tokens are digital assets that exist on another cryptocurrency's blockchain.Due to a lack of data, this crypto may be less suitable for some investors.
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