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 has broken last trend and will RAISE from the support level $0.023

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

Volume profile price channel in 24 hours range

Edge levels of the price channel based on volume profile report.
Price Description
0.023 Minimal price support level based on 24 hours movements

Loopring price levels prediction for next 7 days

Next 7 days brief prediction

Price of LRC has broken last trend and will FALL from the support level $0.0258

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
$0.026993264 Weight: 7.125 20 Aug 2020
$0.025675714 Weight: 20.351 29 Sep 2020

Volume profile price channel in 7 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.0258 Maximum price support level based on 7 days movements

Loopring price levels prediction for next 30 days

Next 30 days brief prediction

Price of LRC has broken last trend and will FALL from the support level $0.02535

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
$0.042066667 Weight: 12.976 26 Nov 2018
$0.026993264 Weight: 7.125 20 Aug 2020
$0.025675714 Weight: 20.351 29 Sep 2020

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.02535 Maximum price support level based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.9094946 details, prediction
0.8967074 details, prediction
0.89472824 details, prediction
0.88555676 details, prediction
0.87512845 details, prediction
Second tier
0.994768 details, prediction
0.99208486 details, prediction
0.99054265 details, prediction
0.98932505 details, prediction
0.98841065 details, prediction
Third tier
0.99441403 details, prediction
0.99208355 details, prediction
0.9833202 details, prediction
0.9799417 details, prediction
0.9765738 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
-0.3488354 details, prediction
0.26566795 details, prediction
0.4677562 details, prediction
0.6140621 details, prediction
0.7072208 details, prediction
Second tier
-0.3899248 details, prediction
-0.38340726 details, prediction
0.10693061 details, prediction
0.3087163 details, prediction
0.3618059 details, prediction
Third tier
-0.2693171 details, prediction
-0.08144667 details, prediction
-0.07594951 details, prediction
0.06795492 details, prediction
0.15595318 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)