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 $0.58599997 with $0.6464 as upper border and $0.5564 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
$0.6860154867172241 Weight: 12.404 18 Mar 2022
$0.6659607887268066 Weight: 7.447 01 May 2022
$0.6657910346984863 Weight: 12.087 25 Apr 2018
$0.6303805708885193 Weight: 18.279 24 Feb 2022
$0.6143609881401062 Weight: 45.516 17 Jan 2018
$0.5446312427520752 Weight: 14.952 12 May 2018
$0.5310176610946655 Weight: 8.414 24 Mar 2018
$0.5215505361557007 Weight: 11.882 06 Jan 2021
$0.5109526515007019 Weight: 13.315 26 Nov 2018
$0.4978829622268677 Weight: 10.378 23 Feb 2018

Volume profile price channel in 24 hours range

Edge levels of the price channel based on volume profile report.
Price Description
0.6464 Channel maximum price resist level based on 24 hours movements
0.5564 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 $0.5296 with $0.6472 as upper border and $0.444 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
$0.7393051981925964 Weight: 14.383 29 Aug 2021
$0.7135424017906189 Weight: 12.414 05 Jan 2018
$0.6943362951278687 Weight: 60.578 22 Jan 2022
$0.6860154867172241 Weight: 12.404 18 Mar 2022
$0.6303805708885193 Weight: 18.279 24 Feb 2022
$0.6143609881401062 Weight: 45.516 17 Jan 2018
$0.5446312427520752 Weight: 14.952 12 May 2018
$0.5109526515007019 Weight: 13.315 26 Nov 2018
$0.42383670806884766 Weight: 14.232 23 Apr 2021
$0.3940359055995941 Weight: 23.251 06 Feb 2018

Volume profile price channel in 7 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.6472 Channel maximum price resist level based on 7 days movements
0.444 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 $0.6868 with $1.0252 as upper border and $0.43480003 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
$1.15763258934021 Weight: 27.916 30 Apr 2018
$0.9744075536727905 Weight: 17.781 04 Nov 2021
$0.9505754113197327 Weight: 20.408 14 Jan 2018
$0.8917936682701111 Weight: 18.155 12 May 2021
$0.8820282816886902 Weight: 19.5 12 Feb 2021
$0.8490887880325317 Weight: 35.797 08 Jan 2018
$0.6943362951278687 Weight: 60.578 22 Jan 2022
$0.6303805708885193 Weight: 18.279 24 Feb 2022
$0.6143609881401062 Weight: 45.516 17 Jan 2018
$0.3940359055995941 Weight: 23.251 06 Feb 2018

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
1.0252 Channel maximum price resist level based on 30 days movements
0.43480003 Channel minimum price resist level based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.9639051 details, prediction
0.9594286 details, prediction
0.95415413 details, prediction
0.9529921 details, prediction
0.94954836 details, prediction
Second tier
0.9695753 details, prediction
0.9637026 details, prediction
0.96234864 details, prediction
0.9550756 details, prediction
0.9508718 details, prediction
Third tier
0.9380093 details, prediction
0.9367048 details, prediction
0.92132807 details, prediction
0.91690385 details, prediction
0.8936989 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
-0.17467318 details, prediction
0.51684797 details, prediction
0.619111 details, prediction
0.6841164 details, prediction
0.69461834 details, prediction
Second tier
-0.88018286 details, prediction
-0.8192627 details, prediction
-0.81538594 details, prediction
-0.61703545 details, prediction
-0.430428 details, prediction
Third tier
-0.7982006 details, prediction
-0.69393873 details, prediction
-0.64667183 details, prediction
-0.638663 details, prediction
-0.61423373 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)