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 $0.2546 with $0.2642 as upper border and $0.24319999 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
$0.2702257037162781 Weight: 6.358 20 Nov 2017
$0.2661215662956238 Weight: 10.198 11 Jan 2021
$0.24999076128005981 Weight: 7.01 26 Dec 2017
$0.242510586977005 Weight: 93.349 18 Mar 2018
$0.24109026789665222 Weight: 6.076 04 Dec 2017
$0.2316242754459381 Weight: 10.214 22 Dec 2017
$0.22562196850776672 Weight: 9.354 29 Sep 2020
$0.22392047941684723 Weight: 27.136 23 May 2021

Volume profile price channel in 24 hours range

Edge levels of the price channel based on volume profile report.
Price Description
0.2642 Channel maximum price resist level based on 24 hours movements
0.24319999 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 will be traded in CHANNEL near to $0.2358 with $0.26059997 as upper border and $0.19839999 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
$0.2812255918979645 Weight: 9.253 24 Jun 2018
$0.2661215662956238 Weight: 10.198 11 Jan 2021
$0.242510586977005 Weight: 93.349 18 Mar 2018
$0.2316242754459381 Weight: 10.214 22 Dec 2017
$0.22562196850776672 Weight: 9.354 29 Sep 2020
$0.22392047941684723 Weight: 27.136 23 May 2021
$0.17633189260959625 Weight: 9.962 22 Jun 2021
$0.17016661167144775 Weight: 10.563 14 Jan 2021
$0.16983436048030853 Weight: 15.599 02 Jan 2021
$0.1410641223192215 Weight: 25.929 14 Jan 2021

Volume profile price channel in 7 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.26059997 Channel maximum price resist level based on 7 days movements
0.19839999 Channel minimum price resist level based 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 $0.29200003 with $0.38500005 as upper border and $0.20150003 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
$0.7135424017906189 Weight: 19.027 05 Jan 2018
$0.6143609881401062 Weight: 69.761 17 Jan 2018
$0.5446312427520752 Weight: 22.917 12 May 2018
$0.5109526515007019 Weight: 20.408 26 Nov 2018
$0.5109526515007019 Weight: 20.838 26 Nov 2018
$0.3940359055995941 Weight: 35.636 06 Feb 2018
$0.3872873783111572 Weight: 84.238 02 Jan 2018
$0.242510586977005 Weight: 93.349 18 Mar 2018
$0.22392047941684723 Weight: 27.136 23 May 2021
$0.1410641223192215 Weight: 25.929 14 Jan 2021

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.38500005 Channel maximum price resist level based on 30 days movements
0.20150003 Channel minimum price resist level based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.9731859 details, prediction
0.9670639 details, prediction
0.9620796 details, prediction
0.9607905 details, prediction
0.95959425 details, prediction
Second tier
0.98157763 details, prediction
0.9737452 details, prediction
0.96333086 details, prediction
0.96247035 details, prediction
0.9603637 details, prediction
Third tier
0.97216845 details, prediction
0.9709043 details, prediction
0.9691609 details, prediction
0.9672341 details, prediction
0.9663007 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
-0.22547327 details, prediction
-0.13810158 details, prediction
0.28678492 details, prediction
0.5510799 details, prediction
0.5528171 details, prediction
Second tier
-0.644892 details, prediction
-0.3165274 details, prediction
-0.28813586 details, prediction
-0.08941452 details, prediction
-0.06840766 details, prediction
Third tier
-0.7492504 details, prediction
-0.70202184 details, prediction
-0.6135382 details, prediction
-0.5354813 details, prediction
-0.37868413 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)