Loopring price prediction

Our price prediction is based on hi-resolution deal analysis from cryptocurrency exchanges. We are collecting and gather statistics to obtain price support levels that show most important zones witch traders want to buy or sell stocks. These buy/sell histograms showed in report combined with current trend analysis can be used to build high probability forecasting of future price trends. It also can be useful to set a price on calculated levels to be sure maximum profit was received.

Disclaimer
Cryptocurrency trading involves substantial risk of loss and is not suitable for every investor. All trading strategies are used at your own risk. This page performs statistical analysis of past data and can be used for assumptions about the future only taking into account the statistical probability

Read more detailed info about this tool

Loopring price levels prediction for next 7 days

Next 7 days brief prediction

Price of LRC has broken last trend and will FALL from the support level $0.2938

Historic price levels for next 7 days

These levels are based on local historic minimums and maximums. Weight shows the power of broken trends.
Price Weight(level power) Date of formation

Volume profile price channel in 7 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.2938 Maximum price support level based on 7 days movements

Loopring price levels prediction for next 30 days

Next 30 days brief prediction

Price of LRC has broken last trend and will RAISE from the support level $0.296

Historic price levels for next 30 days

These levels are based on local historic minimums and maximums. Weight shows the power of broken trends.
Price Weight(level power) Date of formation
$0.5446312427520752 Weight: 14.399 12 May 2018
$0.5215505361557007 Weight: 11.443 06 Jan 2021
$0.5109526515007019 Weight: 12.823 26 Nov 2018
$0.42383670806884766 Weight: 13.706 23 Apr 2021
$0.3940359055995941 Weight: 22.391 06 Feb 2018
$0.3542732000350952 Weight: 22.708 12 May 2022
$0.2849228084087372 Weight: 96.305 04 Oct 2021
$0.2461540400981903 Weight: 10.659 16 Oct 2022
$0.242510586977005 Weight: 58.861 18 Mar 2018
$0.17022816836833954 Weight: 11.615 20 Oct 2022

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.296 Minimal price support level based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.8674888 details, prediction
0.8243113 details, prediction
0.8109438 details, prediction
0.8051859 details, prediction
0.74060345 details, prediction
Second tier
0.89853233 details, prediction
0.8331302 details, prediction
0.8327508 details, prediction
0.82765454 details, prediction
0.82525015 details, prediction
Third tier
0.8838194 details, prediction
0.8597196 details, prediction
0.81827366 details, prediction
0.8137116 details, prediction
0.8052151 details, prediction


This report should be leaned to get most info about heading trends. It means that Loopring price can be leaded by other, more mighty cryptocurrency, or maybe some market trend have affect on it.

It can be confidently asserted that any crypto currency has a significant dependence on the market as a whole and, in particular, the top 3 currencies - Bitcoin, Ethereum and Ripple, so the prediction of their prices will affect the price of Loopring
Low correlated currencies
Coin Correlation Links
First tier
-0.7668343 details, prediction
-0.529562 details, prediction
-0.28647733 details, prediction
-0.24779952 details, prediction
-0.21700865 details, prediction
Second tier
-0.40979853 details, prediction
-0.3265265 details, prediction
-0.24046008 details, prediction
-0.23645763 details, prediction
-0.22907086 details, prediction
Third tier
-0.9113459 details, prediction
-0.6943752 details, prediction
-0.6372597 details, prediction
-0.62107474 details, prediction
-0.5560957 details, prediction


This report should be leaned to build highly diversified portfolio.
It makes sense to mention that a low correlation in this case includes not only coins whose movements are not statistically related but, on the contrary, move in opposite directions (in the case of a negative value of the parameter)