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 24 hours

Next 24 hours brief prediction

Price of LRC will be traded in CHANNEL near to $0.60150003 with $0.6215 as upper border and $0.57100004 as bottom.

Historic price levels for next 24 hours

These levels are based on local historic minimums and maximums. Weight shows the power of broken trends.
Price Weight(level power) Date of formation
$0.6401487588882446 Weight: 10.653 15 Feb 2021
$0.6367182731628418 Weight: 8.951 06 Mar 2018
$0.6143609881401062 Weight: 70.684 17 Jan 2018
$0.6065207123756409 Weight: 7.242 11 May 2018
$0.6029055118560791 Weight: 11.244 24 Feb 2018
$0.5933197736740112 Weight: 14.319 02 Feb 2018
$0.5926048159599304 Weight: 8.203 12 May 2018
$0.5750159621238708 Weight: 8.609 26 Feb 2018
$0.574280858039856 Weight: 8.83 18 Apr 2018
$0.5652459859848022 Weight: 7.983 22 Feb 2021

Volume profile price channel in 24 hours range

Edge levels of the price channel based on volume profile report.
Price Description
0.6215 Channel maximum price resist level based on 24 hours movements
0.57100004 Channel minimum price resist level based on 24 hours movements

Loopring price levels prediction for next 7 days

Next 7 days brief prediction

Price of LRC is now on EDGE at $0.61. So the next scenario is able. If price will go up, it will RAISE with support level $0.61 If price will go down it will spend next in CHANNEL near to $0.5725 with $0.61 as upper border and $0.5265 as bottom.

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
$0.6143609881401062 Weight: 70.684 17 Jan 2018
$0.5933197736740112 Weight: 14.319 02 Feb 2018
$0.5446312427520752 Weight: 23.22 12 May 2018
$0.5310176610946655 Weight: 13.066 24 Mar 2018
$0.5215505361557007 Weight: 18.452 06 Jan 2021
$0.5109526515007019 Weight: 20.678 26 Nov 2018
$0.5109526515007019 Weight: 21.114 26 Nov 2018
$0.4978829622268677 Weight: 16.116 23 Feb 2018
$0.4735880196094513 Weight: 17.033 23 Feb 2021
$0.4715352952480316 Weight: 14.769 13 Jan 2021

Volume profile price channel in 7 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.61 Edge price dividing trends based on 7 days movements
0.5265 Minimum price support level in case of RAISE trend based on 7 days movements
0.61 Channel maximum price resist level based in case of FALL trend on 7 days movements
0.5265 Channel minimum price resist level based in case of FALL trend on 7 days movements

Loopring price levels prediction for next 30 days

Next 30 days brief prediction

Price of LRC will be traded in CHANNEL near to $0.59139997 with $0.7473999 as upper border and $0.52459997 as bottom.

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
$0.9202985763549805 Weight: 21.992 22 Jan 2018
$0.8820282816886902 Weight: 21.456 12 Feb 2021
$0.8490887880325317 Weight: 55.591 08 Jan 2018
$0.8402512073516846 Weight: 24.31 24 Feb 2018
$0.8081946969032288 Weight: 20.813 19 Jan 2018
$0.7135424017906189 Weight: 19.279 05 Jan 2018
$0.6143609881401062 Weight: 70.684 17 Jan 2018
$0.5446312427520752 Weight: 23.22 12 May 2018
$0.5109526515007019 Weight: 20.678 26 Nov 2018
$0.5109526515007019 Weight: 21.114 26 Nov 2018

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.7473999 Channel maximum price resist level based on 30 days movements
0.52459997 Channel minimum price resist level based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.92933834 details, prediction
0.895572 details, prediction
0.86384374 details, prediction
0.8175645 details, prediction
0.8106152 details, prediction
Second tier
0.9451498 details, prediction
0.8667483 details, prediction
0.85473067 details, prediction
0.8328597 details, prediction
0.8317197 details, prediction
Third tier
0.8929186 details, prediction
0.8073869 details, prediction
0.8011773 details, prediction
0.79735845 details, prediction
0.79650104 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
0.16235547 details, prediction
0.17197251 details, prediction
0.1790989 details, prediction
0.1874781 details, prediction
0.19923349 details, prediction
Second tier
0.017539943 details, prediction
0.13775185 details, prediction
0.14599551 details, prediction
0.14755143 details, prediction
0.15454951 details, prediction
Third tier
-0.7025739 details, prediction
-0.61705583 details, prediction
-0.61551297 details, prediction
-0.58182967 details, prediction
-0.5457926 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)