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 | ||
Maker
MKR
|
0.92933834 | details, prediction |
Stellar
XLM
|
0.895572 | details, prediction |
ChainLink
LINK
|
0.86384374 | details, prediction |
Ethereum
ETH
|
0.8175645 | details, prediction |
Dogecoin
DOGE
|
0.8106152 | details, prediction |
| Second tier | ||
Synthetix Network Token
SNX
|
0.9451498 | details, prediction |
EthLend
LEND
|
0.8667483 | details, prediction |
Nano
NANO
|
0.85473067 | details, prediction |
Quant Network
QNT
|
0.8328597 | details, prediction |
MonaCoin
MONA
|
0.8317197 | details, prediction |
| Third tier | ||
Nimiq
NET
|
0.8929186 | details, prediction |
OKCash
OK
|
0.8073869 | details, prediction |
Kcash
KCASH
|
0.8011773 | details, prediction |
Factom
FCT
|
0.79735845 | details, prediction |
PotCoin
POT
|
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 | ||
Chiliz
CHZ
|
0.16235547 | details, prediction |
Dent
DENT
|
0.17197251 | details, prediction |
HoloToken
HOT
|
0.1790989 | details, prediction |
Theta Fuel
TFUEL
|
0.1874781 | details, prediction |
Theta
THETA
|
0.19923349 | details, prediction |
| Second tier | ||
DxChain
DX
|
0.017539943 | details, prediction |
FirstBlood
1ST
|
0.13775185 | details, prediction |
Metadium
META
|
0.14599551 | details, prediction |
CyberVein
CVT
|
0.14755143 | details, prediction |
Paxos Standard
PAX
|
0.15454951 | details, prediction |
| Third tier | ||
Dragon Coin
DRG
|
-0.7025739 | details, prediction |
Change
CAG
|
-0.61705583 | details, prediction |
Kleros
PNK
|
-0.61551297 | details, prediction |
NAGA
NGC
|
-0.58182967 | details, prediction |
BlockMason Credit Protocol
BCPT
|
-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)