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 $2.176 with $2.572 as upper border and $1.868 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
$2.8438339233398438 Weight: 22.975 24 Nov 2021
$2.8416340351104736 Weight: 21.579 10 Nov 2021
$2.6706290245056152 Weight: 23.435 26 Nov 2021
$2.557945966720581 Weight: 25.23 10 Nov 2021
$2.3836586475372314 Weight: 24.112 08 Nov 2021
$2.347580909729004 Weight: 32.764 14 Nov 2021
$2.3455939292907715 Weight: 62.213 09 Jan 2018
$2.179534912109375 Weight: 34.328 22 Nov 2021
$2.14294171333313 Weight: 19.677 10 Jan 2018
$1.8347728252410889 Weight: 18.562 09 Nov 2021

Volume profile price channel in 24 hours range

Edge levels of the price channel based on volume profile report.
Price Description
2.572 Channel maximum price resist level based on 24 hours movements
1.868 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 $2.316. So the next scenario is able. If price will go up it will spend next in CHANNEL near to $2.874 with $3.448 as upper border and $2.316 as bottom. If price will go down, it will FALL with support level $2.316

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
$3.6763808727264404 Weight: 46.658 25 Nov 2021
$3.6617581844329834 Weight: 52.474 10 Nov 2021
$3.611149311065674 Weight: 25.648 11 Nov 2021
$3.241957187652588 Weight: 27.853 14 Nov 2021
$2.6706290245056152 Weight: 23.435 26 Nov 2021
$2.557945966720581 Weight: 25.23 10 Nov 2021
$2.3836586475372314 Weight: 24.112 08 Nov 2021
$2.347580909729004 Weight: 32.764 14 Nov 2021
$2.3455939292907715 Weight: 62.213 09 Jan 2018
$2.179534912109375 Weight: 34.328 22 Nov 2021

Volume profile price channel in 7 days range

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

Loopring price levels prediction for next 30 days

Next 30 days brief prediction

Price of LRC is now on EDGE at $2.4982. So the next scenario is able. If price will go up it will spend next in CHANNEL near to $3.4596 with $3.9039998 as upper border and $2.4982 as bottom. If price will go down, it will FALL with support level $2.4982

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
$3.6763808727264404 Weight: 46.658 25 Nov 2021
$3.6617581844329834 Weight: 52.474 10 Nov 2021
$3.611149311065674 Weight: 25.648 11 Nov 2021
$3.241957187652588 Weight: 27.853 14 Nov 2021
$2.6706290245056152 Weight: 23.435 26 Nov 2021
$2.557945966720581 Weight: 25.23 10 Nov 2021
$2.3836586475372314 Weight: 24.112 08 Nov 2021
$2.347580909729004 Weight: 32.764 14 Nov 2021
$2.3455939292907715 Weight: 62.213 09 Jan 2018
$2.179534912109375 Weight: 34.328 22 Nov 2021

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
2.4982 Edge price dividing trends based on 30 days movements
3.9039998 Channel maximum price resist level based in case of RAISE trend on 30 days movements
2.4982 Channel minimum price resist level based in case of RAISE trend on 30 days movements
2.4982 Minimum price support level in case of FALL trend based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.9464239 details, prediction
0.9075189 details, prediction
0.88244224 details, prediction
0.8759683 details, prediction
0.8426337 details, prediction
Second tier
0.9439877 details, prediction
0.9371591 details, prediction
0.93478024 details, prediction
0.8896441 details, prediction
0.8410587 details, prediction
Third tier
0.8974431 details, prediction
0.8921405 details, prediction
0.89032614 details, prediction
0.88784635 details, prediction
0.87007767 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
-0.6725931 details, prediction
-0.65982836 details, prediction
-0.6014299 details, prediction
-0.55200195 details, prediction
-0.48080656 details, prediction
Second tier
-0.6520947 details, prediction
-0.6398456 details, prediction
-0.627343 details, prediction
-0.5843116 details, prediction
-0.5838882 details, prediction
Third tier
-0.9187648 details, prediction
-0.9138015 details, prediction
-0.8547046 details, prediction
-0.7931901 details, prediction
-0.7807522 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)