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 is now on EDGE at $0.189. So the next scenario is able. If price will go up it will spend next in CHANNEL near to $0.1944 with $0.1996 as upper border and $0.189 as bottom. If price will go down, it will FALL with support level $0.189

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
$0.20179468393325806 Weight: 6.733 07 Dec 2017
$0.20019850134849548 Weight: 8.1 15 Aug 2020
$0.17436325550079346 Weight: 5.413 16 Sep 2020
$0.1720815896987915 Weight: 7.164 30 Nov 2017

Volume profile price channel in 24 hours range

Edge levels of the price channel based on volume profile report.
Price Description
0.189 Edge price dividing trends based on 24 hours movements
0.1996 Channel maximum price resist level based in case of RAISE trend on 24 hours movements
0.189 Channel minimum price resist level based in case of RAISE trend on 24 hours movements
0.189 Minimum price support level in case of FALL trend 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 $0.1938 with $0.2016 as upper border and $0.17809999 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
$0.2316242754459381 Weight: 10.204 22 Dec 2017
$0.22693094611167908 Weight: 9.349 29 Sep 2020
$0.22562196850776672 Weight: 9.336 29 Sep 2020
$0.20179468393325806 Weight: 6.733 07 Dec 2017
$0.20019850134849548 Weight: 8.1 15 Aug 2020
$0.17436325550079346 Weight: 5.413 16 Sep 2020
$0.1720815896987915 Weight: 7.164 30 Nov 2017

Volume profile price channel in 7 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.2016 Channel maximum price resist level based on 7 days movements
0.17809999 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 $0.19139999 with $0.2314 as upper border and $0.12699999 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
$0.2939906120300293 Weight: 12.543 15 Sep 2020
$0.2870466709136963 Weight: 14.511 06 Apr 2018
$0.2812255918979645 Weight: 9.244 24 Jun 2018
$0.242510586977005 Weight: 91.948 18 Mar 2018
$0.2316242754459381 Weight: 10.204 22 Dec 2017
$0.22693094611167908 Weight: 9.349 29 Sep 2020
$0.22562196850776672 Weight: 9.336 29 Sep 2020
$0.037672240287065506 Weight: 21.982 25 Nov 2018
$0.03495052829384804 Weight: 22.047 08 Dec 2018
$0.026993263512849808 Weight: 12.002 20 Aug 2020

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.2314 Channel maximum price resist level based on 30 days movements
0.12699999 Channel minimum price resist level based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.90412635 details, prediction
0.675359 details, prediction
0.64209694 details, prediction
0.5261757 details, prediction
0.37172782 details, prediction
Second tier
0.7021651 details, prediction
0.6917326 details, prediction
0.52365637 details, prediction
0.5219081 details, prediction
0.51236326 details, prediction
Third tier
0.8526609 details, prediction
0.80309296 details, prediction
0.7983593 details, prediction
0.76471645 details, prediction
0.7484978 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
-0.7192124 details, prediction
-0.6718191 details, prediction
-0.6473965 details, prediction
-0.6313967 details, prediction
-0.553745 details, prediction
Second tier
-0.6238726 details, prediction
-0.61450046 details, prediction
-0.5595474 details, prediction
-0.5169506 details, prediction
-0.4882204 details, prediction
Third tier
-0.82630634 details, prediction
-0.7840574 details, prediction
-0.7612816 details, prediction
-0.7398559 details, prediction
-0.7031262 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)