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
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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 $0.2938Historic 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 $0.296Historic 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 | ||
UNUS SED LEO
LEO
|
0.8674888 | details, prediction |
Ethereum
ETH
|
0.8243113 | details, prediction |
Vechain
VET
|
0.8109438 | details, prediction |
EOS
EOS
|
0.8051859 | details, prediction |
Theta
THETA
|
0.74060345 | details, prediction |
| Second tier | ||
Fantom
FTM
|
0.89853233 | details, prediction |
Waves
WAVES
|
0.8331302 | details, prediction |
Enjin Coin
ENJ
|
0.8327508 | details, prediction |
Basic Attention Token
BAT
|
0.82765454 | details, prediction |
QTUM
QTUM
|
0.82525015 | details, prediction |
| Third tier | ||
DxChain
DX
|
0.8838194 | details, prediction |
Project Pai
PAI
|
0.8597196 | details, prediction |
NAGA
NGC
|
0.81827366 | details, prediction |
NKN
NKN
|
0.8137116 | details, prediction |
Bibox Token
BIX
|
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 | ||
XRP
XRP
|
-0.7668343 | details, prediction |
Stellar
XLM
|
-0.529562 | details, prediction |
Maker
MKR
|
-0.28647733 | details, prediction |
Huobi Token
HT
|
-0.24779952 | details, prediction |
ChainLink
LINK
|
-0.21700865 | details, prediction |
| Second tier | ||
Algorand
ALGO
|
-0.40979853 | details, prediction |
Chronobank
TIME
|
-0.3265265 | details, prediction |
SwissBorg
CHSB
|
-0.24046008 | details, prediction |
Utrust
UTK
|
-0.23645763 | details, prediction |
True USD
TUSD
|
-0.22907086 | details, prediction |
| Third tier | ||
BitcoinZ
BTCZ
|
-0.9113459 | details, prediction |
Callisto Network
CLO
|
-0.6943752 | details, prediction |
Bread
BRD
|
-0.6372597 | details, prediction |
Scry.info
DDD
|
-0.62107474 | details, prediction |
CargoX
CXO
|
-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)