Loopring
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$LRC : Is "Loopring" a Good Investment?
$LRC
#LRC
#Loopring
”Should I invest in Loopring CryptoCurrency?"
"Should I buy LRC today?"
According to our Forecast System, LRC is a bad long-term (1-year)investment*.
We predict future values with technical analysis for wide selection of digital coins like Loopring. If you are looking for virtual currencies with good return, LRC can be a bad, high-risk 1-year investment option. Loopring price equal to 0.120 USD at 2024-10-11, but your current investment may be devalued in the future.
Current Price: 0.120 USD
Loopring price target in 14 days: 0.130 USD* upside and 0.1064 USD* downside. (Highest and lowest possible predicted price in a 14 day period)
Calculation For Trading:
Resistance Level (R3): 0.127
Resistance Level (R2): 0.124
Resistance Level (R1): 0.121
Pivot Point: 0.118
Support Level (S1): 0.115
Support Level (S2): 0.112
Support Level (S3): 0.1093
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Disclaimer: This is not investment advice. The information provided is for general information purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
(*) This data could be outdated. Research done on: 11-10-2024
#LRC
#Loopring
”Should I invest in Loopring CryptoCurrency?"
"Should I buy LRC today?"
According to our Forecast System, LRC is a bad long-term (1-year)investment*.
We predict future values with technical analysis for wide selection of digital coins like Loopring. If you are looking for virtual currencies with good return, LRC can be a bad, high-risk 1-year investment option. Loopring price equal to 0.120 USD at 2024-10-11, but your current investment may be devalued in the future.
Current Price: 0.120 USD
Loopring price target in 14 days: 0.130 USD* upside and 0.1064 USD* downside. (Highest and lowest possible predicted price in a 14 day period)
Calculation For Trading:
Resistance Level (R3): 0.127
Resistance Level (R2): 0.124
Resistance Level (R1): 0.121
Pivot Point: 0.118
Support Level (S1): 0.115
Support Level (S2): 0.112
Support Level (S3): 0.1093
Click Here & Don’t miss a thing! Follow us for all of our latest posts and updates!
Disclaimer: This is not investment advice. The information provided is for general information purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
(*) This data could be outdated. Research done on: 11-10-2024
🤝 Ethereum layer 2 ZK rollup protocol, Loopring (LRC), announces a partnership with zkPool, a zero-knowledge (zk) infrastructure company. The collaboration aims to integrate zk technology to optimize the protocol and reduce proof-of-stake (PoS) costs in the future. 🚀🔗 #Loopring #zkPool #EthereumLayer2
$LRC Analysis 45% Profit 🔥🔥
Loopring Down Like we Said in our Analysis . 45% Profit From the trade. 🚀🚀 Don't short it now it can hit the ressistance after you can decide .
#Loopring
Loopring Down Like we Said in our Analysis . 45% Profit From the trade. 🚀🚀 Don't short it now it can hit the ressistance after you can decide .
#Loopring
𝙀𝙩𝙝𝙚𝙧𝙚𝙪𝙢 𝙩𝙧𝙖𝙙𝙚𝙧𝙨 𝙢𝙖𝙠𝙚 $120𝙈 𝙪𝙨𝙞𝙣𝙜 𝙡𝙤𝙤𝙥𝙞𝙣𝙜 😱
Two Ethereum DeFi traders have made an astounding $120 million.
They utilized a 'looping' strategy, reinvesting to amplify gains.
Looping in DeFi refers to the strategy where traders use smart contracts to repeatedly reinvest or borrow against their initial investment to multiply their exposure and potential returns.
While this strategy worked well, it requires great understanding of DeFi.
This is a great example that with proper #DYOR anyone can make life changing money.
#Loopring #DeFiMasters #cryptopm
Two Ethereum DeFi traders have made an astounding $120 million.
They utilized a 'looping' strategy, reinvesting to amplify gains.
Looping in DeFi refers to the strategy where traders use smart contracts to repeatedly reinvest or borrow against their initial investment to multiply their exposure and potential returns.
While this strategy worked well, it requires great understanding of DeFi.
This is a great example that with proper #DYOR anyone can make life changing money.
#Loopring #DeFiMasters #cryptopm
Santiment: “There is a Short Squeeze in These Two Altcoins, an Increase May Occur at Any Time!”
While Bitcoin and altcoins are undergoing a significant correction following the ETF approval, on-chain analysis firm Santiment continues to attract attention with its analysis.
🚀At this point, Santiment, who recently shared its analysis of Bitcoin Cash (BCH) and Loopring (LRC), argued that these two altcoins could rise.
Santiment pointed out that many short positions were opened on Binance for BCH and LRC after the sharp declines in the market, and stated that this could be a bullish signal.
💥“Bitcoin Cash (BCH) and Loopring (LRC) are among the most shorted assets on Binance after the crypto market dropped heavily this week. While BCH and LRC are already showing signs of rise, liquidating opened short positions can serve as fuel for future rises.”
👉As of time of the report, Bitcoin Cash (BCH) is trading for $235, locally recovering to the bullish sentiment. Meanwhile Loopring (LRC) price is standing at $0.22 range, with a hint on retest.
#bch #BitcoinCash #LRC #Loopring
$BCH $LRC
While Bitcoin and altcoins are undergoing a significant correction following the ETF approval, on-chain analysis firm Santiment continues to attract attention with its analysis.
🚀At this point, Santiment, who recently shared its analysis of Bitcoin Cash (BCH) and Loopring (LRC), argued that these two altcoins could rise.
Santiment pointed out that many short positions were opened on Binance for BCH and LRC after the sharp declines in the market, and stated that this could be a bullish signal.
💥“Bitcoin Cash (BCH) and Loopring (LRC) are among the most shorted assets on Binance after the crypto market dropped heavily this week. While BCH and LRC are already showing signs of rise, liquidating opened short positions can serve as fuel for future rises.”
👉As of time of the report, Bitcoin Cash (BCH) is trading for $235, locally recovering to the bullish sentiment. Meanwhile Loopring (LRC) price is standing at $0.22 range, with a hint on retest.
#bch #BitcoinCash #LRC #Loopring
$BCH $LRC
Loopring (LRC) Technical Analysis:
Loopring (LRC) is currently exhibiting signs of a bullish continuation pattern within its price chart. The formation of an ascending triangle pattern, characterized by a flat upper trendline acting as resistance and a rising lower trendline acting as support, suggests a consolidation phase preceding a potential upward breakout.
**Key Observations:**
- The inverse head and shoulders pattern, which is visible on the chart, is typically recognized as a reversal pattern that indicates the end of a downtrend and the start of an uptrend.
- The presence of both an ascending triangle and an inverse head and shoulders pattern reinforces the bullish bias for LRC.
**Technical Indicators:**
- The Relative Strength Index (RSI), a momentum oscillator that measures the speed and change of price movements, is currently below the midline, indicating that there is room for upward movement before the asset becomes overbought.
- The resistance zone marked on the chart will be a critical area to watch, as a breakout above this level could confirm the bullish trend.
**Potential Outcomes:**
- A successful breakout from the ascending triangle could lead to a significant price appreciation, with the next resistance levels to watch being the recent highs.
- Conversely, if LRC fails to break the resistance and instead breaks below the ascending support line, it could invalidate the bullish patterns and potentially lead to a retest of lower support zones.
**Conclusion:**
While the current patterns and indicators suggest a bullish outlook for LRC, it is essential for traders to closely monitor price action and volume as LRC approaches the apex of the ascending triangle. A breakout with substantial volume would lend credence to the bullish scenario, whereas a breakdown would necessitate a reassessment of the market's direction.
$LRC
#LRC/USDT #Loopring #LRC #LRCUSDT
Loopring (LRC) is currently exhibiting signs of a bullish continuation pattern within its price chart. The formation of an ascending triangle pattern, characterized by a flat upper trendline acting as resistance and a rising lower trendline acting as support, suggests a consolidation phase preceding a potential upward breakout.
**Key Observations:**
- The inverse head and shoulders pattern, which is visible on the chart, is typically recognized as a reversal pattern that indicates the end of a downtrend and the start of an uptrend.
- The presence of both an ascending triangle and an inverse head and shoulders pattern reinforces the bullish bias for LRC.
**Technical Indicators:**
- The Relative Strength Index (RSI), a momentum oscillator that measures the speed and change of price movements, is currently below the midline, indicating that there is room for upward movement before the asset becomes overbought.
- The resistance zone marked on the chart will be a critical area to watch, as a breakout above this level could confirm the bullish trend.
**Potential Outcomes:**
- A successful breakout from the ascending triangle could lead to a significant price appreciation, with the next resistance levels to watch being the recent highs.
- Conversely, if LRC fails to break the resistance and instead breaks below the ascending support line, it could invalidate the bullish patterns and potentially lead to a retest of lower support zones.
**Conclusion:**
While the current patterns and indicators suggest a bullish outlook for LRC, it is essential for traders to closely monitor price action and volume as LRC approaches the apex of the ascending triangle. A breakout with substantial volume would lend credence to the bullish scenario, whereas a breakdown would necessitate a reassessment of the market's direction.
$LRC
#LRC/USDT #Loopring #LRC #LRCUSDT
See original
Loopring $LRC is proud to announce the launch of the much-anticipated multi-network smart wallet! This wallet will be launched in sync with the Taiko mainnet in a few days, bringing users an unparalleled convenience experience. Users will be able to easily deploy multiple smart accounts on various networks without having to worry about having different addresses for each network. All accounts will be managed by a unique EOA wallet, providing the most secure and reliable protection for your assets. Don't miss this exciting moment! 🚀🌐💼
#LRC #Loopring #Megadrop
#LRC #Loopring #Megadrop
🚨🚨 Security vulnerability attack on Loopring smart wallets.
Loopring smart wallets, especially those using #Loopring's Guardian, targeted by hacker. Hacker reset ownership and withdraw assets by impersonating wallet owner.
#CyberSafety #attack #Loopring #HackerNews
Loopring smart wallets, especially those using #Loopring's Guardian, targeted by hacker. Hacker reset ownership and withdraw assets by impersonating wallet owner.
#CyberSafety #attack #Loopring #HackerNews
I have identified four cryptocurrencies in my portfolio with potential for short-term profit. The entry and exit prices for each are as follows:
1. #Solana (SOL):
Entry price range $120-$130, target exit price range $180-$190
2. #fantom (FTM):
Entry price range $0.60-$0.70, target exit price range $0.84-$0.98
3. #Loopring (LRC):
Entry price range $0.22-$0.25, target exit price range $0.34-$0.55
4. #BOMEToken (BOME):
Entry price range $0.009-$0.01, target exit price range $0.011-$0.014
Please note that cryptocurrency investments carry risks, and it's essential to do your own research and consider your risk tolerance before making any investment decisions."
Kindly share tips if you can to keep me motivated on posting free crypto stuff
1. #Solana (SOL):
Entry price range $120-$130, target exit price range $180-$190
2. #fantom (FTM):
Entry price range $0.60-$0.70, target exit price range $0.84-$0.98
3. #Loopring (LRC):
Entry price range $0.22-$0.25, target exit price range $0.34-$0.55
4. #BOMEToken (BOME):
Entry price range $0.009-$0.01, target exit price range $0.011-$0.014
Please note that cryptocurrency investments carry risks, and it's essential to do your own research and consider your risk tolerance before making any investment decisions."
Kindly share tips if you can to keep me motivated on posting free crypto stuff
🚨 𝙇𝙤𝙤𝙥𝙧𝙞𝙣𝙜 𝙨𝙪𝙛𝙛𝙚𝙧𝙨 $5𝙈 𝙝𝙖𝙘𝙠 𝙫𝙞𝙖 𝙘𝙤𝙢𝙥𝙧𝙤𝙢𝙞𝙨𝙚𝙙 2𝙁𝘼 🚨
Ethereum zero knowledge-rollup protocol Loopring said on Sunday that it suffered a $5 million security breach of its two-factor authentication service “Guardian” for its smart wallets application.
> The attack succeeded by compromising Loopring's 2FA service, allowing the hacker to impersonate the wallet owner and gain approval for the Recovery from the Official Guardian. Subsequently, the attacker transferred assets out of the affected wallets.
🔬 The hacker addresses involved are:
0x44f887cfbd667cb2042dd55ab1d8951c94bb0102
0xbacef3a142e39f14f4f15e22e9248ee4141af18f
🔼 Data Credit - Cointelegraph, Loopring
🅃🄴🄲🄷🄰🄽🄳🅃🄸🄿🅂123
#Binance #Loopring #Hack
Ethereum zero knowledge-rollup protocol Loopring said on Sunday that it suffered a $5 million security breach of its two-factor authentication service “Guardian” for its smart wallets application.
> The attack succeeded by compromising Loopring's 2FA service, allowing the hacker to impersonate the wallet owner and gain approval for the Recovery from the Official Guardian. Subsequently, the attacker transferred assets out of the affected wallets.
🔬 The hacker addresses involved are:
0x44f887cfbd667cb2042dd55ab1d8951c94bb0102
0xbacef3a142e39f14f4f15e22e9248ee4141af18f
🔼 Data Credit - Cointelegraph, Loopring
🅃🄴🄲🄷🄰🄽🄳🅃🄸🄿🅂123
#Binance #Loopring #Hack
Loopring has launched a new smart wallet that supports multiple networks, with Taiko's mainnet being the first addition.
For a limited time, users can set up a new smart contract-powered Taiko wallet at no cost through the Loopring wallet app.
#Loopring #Taiko #TaikoProtocol #BinanceTournament #Megadrop
For a limited time, users can set up a new smart contract-powered Taiko wallet at no cost through the Loopring wallet app.
#Loopring #Taiko #TaikoProtocol #BinanceTournament #Megadrop
The #EMA (Exponential Moving Average) analysis for $LRC shows that it is currently experiencing upward momentum. The 50-day EMA is sloping upward, signaling potential positive price action in the near term. #Loopring has gained about 3.25% in the past 24 hours and 11.08% over the past week, showing growing strength in its price movement. The current price range reflects positive sentiment, with the asset continuing to trade around $0.13 and holding its market cap near $176 million.
#BillionGit #LRC #Finance
#BillionGit #LRC #Finance
Loopring (LRC) Faces Challenges: Is There a Path to Recovery?
📉
Loopring (LRC) has long been recognized as a promising layer-2 scaling solution for Ethereum, aiming to make decentralized exchanges (DEXs) more efficient and affordable. However, despite its innovative technology, Loopring has faced significant challenges in maintaining user adoption and market momentum. As competition heats up in the layer-2 and decentralized finance (DeFi) space, questions arise: Can Loopring overcome its hurdles, or is its decline inevitable?
Let’s explore the key challenges Loopring is facing and whether there’s a potential path to recovery.
Increased Competition in the Layer-2 Space
Loopring entered the market as a zkRollup-based solution that enhances Ethereum’s scalability by bundling transactions off-chain and settling them on-chain. While this tech provides cheaper and faster transactions, Loopring now faces stiff competition from other layer-2 projects such as Optimism, Arbitrum, and Polygon.
These competitors have rapidly gained adoption, offering similar benefits with more developer engagement and user incentives. Loopring’s inability to differentiate itself in an increasingly crowded market has led to slower user growth, which is crucial for maintaining a healthy ecosystem. Without a clear edge over competitors, Loopring may continue to struggle in the battle for relevance.
Adoption of Decentralized Exchanges (DEXs)
One of Loopring’s main goals is to create an environment for efficient decentralized exchanges (DEXs), with lower fees and faster trades. However, the adoption of DEXs has been slower than expected, with many traders still relying on centralized exchanges like Binance for liquidity, ease of use, and features.
Although DEXs offer more control and privacy, they often lack the seamless experience that centralized exchanges provide. As a result, Loopring’s adoption as a DEX protocol has not reached the level many anticipated, causing its growth to stall. Unless there’s a significant shift toward DEXs, Loopring’s mission could face further obstacles.
Declining LRC Price and Market Sentiment
Loopring’s native token, LRC, has seen a notable decline in price over the past year. While the entire crypto market has experienced downturns, LRC has struggled to regain momentum compared to its competitors. This price decline has led to a loss of investor confidence, making it harder for Loopring to attract new users and developers to its platform.
The lack of consistent price action and growth may signal trouble for the long-term sustainability of the project. If Loopring fails to regain its market position, it could see continued sell-offs, further damaging its prospects for recovery.
Struggles with Ecosystem Expansion
Another challenge for Loopring is its ecosystem’s relatively slow expansion. Many of its competitors, like Polygon, have developed vibrant ecosystems filled with DeFi projects, NFT platforms, and partnerships with major players in the space. In contrast, Loopring has lagged behind in attracting the same level of development activity.
For Loopring to recover, it will need to focus on building a stronger, more dynamic ecosystem. More dApps, collaborations with other DeFi platforms, and increased developer activity could give Loopring the boost it needs to regain traction. However, without significant growth in its ecosystem, it risks becoming overshadowed by more successful layer-2 projects.
The Path to Recovery: What Needs to Change?
For Loopring to find a path to recovery, several key factors need to change:
1. Improving User Experience: Loopring must focus on enhancing the user experience on its DEX protocol to compete with centralized exchanges. This includes better interfaces, liquidity incentives, and faster transactions. Without improving the overall user experience, adoption will remain low.
2. Attracting Developers: A thriving ecosystem is built by developers who create innovative applications. Loopring needs to increase developer incentives and partnerships to attract talent to build on its platform. A more vibrant ecosystem could spark renewed interest in LRC and the project as a whole.
3. Increased Focus on Marketing: Many successful projects have strong marketing and community engagement efforts. Loopring will need to step up its game in terms of awareness and communication with its user base. Stronger branding and outreach could help rekindle interest in the project.
4. New Use Cases: Finally, Loopring must expand beyond its current DEX focus to explore new use cases that can set it apart from competitors. This could include building on its zkRollup technology to support NFTs, gaming, or other DeFi innovations.
Conclusion: Uncertain but Not Impossible
While Loopring faces significant challenges, it’s not without potential. If the project can address its scalability, ecosystem growth, and user experience issues, it could still carve out a niche in the rapidly evolving DeFi space. However, without major changes and improvements, the path to recovery will be difficult.
💬 What are your thoughts on Loopring’s future? Do you see a path for recovery, or is LRC too far gone? Share your opinions and strategies in the comments below!
Make sure to follow me for more insights on crypto projects and investment trends.
#Loopring #LRC #DeFi #CryptoInvesting #Binance
Loopring (LRC) has long been recognized as a promising layer-2 scaling solution for Ethereum, aiming to make decentralized exchanges (DEXs) more efficient and affordable. However, despite its innovative technology, Loopring has faced significant challenges in maintaining user adoption and market momentum. As competition heats up in the layer-2 and decentralized finance (DeFi) space, questions arise: Can Loopring overcome its hurdles, or is its decline inevitable?
Let’s explore the key challenges Loopring is facing and whether there’s a potential path to recovery.
Increased Competition in the Layer-2 Space
Loopring entered the market as a zkRollup-based solution that enhances Ethereum’s scalability by bundling transactions off-chain and settling them on-chain. While this tech provides cheaper and faster transactions, Loopring now faces stiff competition from other layer-2 projects such as Optimism, Arbitrum, and Polygon.
These competitors have rapidly gained adoption, offering similar benefits with more developer engagement and user incentives. Loopring’s inability to differentiate itself in an increasingly crowded market has led to slower user growth, which is crucial for maintaining a healthy ecosystem. Without a clear edge over competitors, Loopring may continue to struggle in the battle for relevance.
Adoption of Decentralized Exchanges (DEXs)
One of Loopring’s main goals is to create an environment for efficient decentralized exchanges (DEXs), with lower fees and faster trades. However, the adoption of DEXs has been slower than expected, with many traders still relying on centralized exchanges like Binance for liquidity, ease of use, and features.
Although DEXs offer more control and privacy, they often lack the seamless experience that centralized exchanges provide. As a result, Loopring’s adoption as a DEX protocol has not reached the level many anticipated, causing its growth to stall. Unless there’s a significant shift toward DEXs, Loopring’s mission could face further obstacles.
Declining LRC Price and Market Sentiment
Loopring’s native token, LRC, has seen a notable decline in price over the past year. While the entire crypto market has experienced downturns, LRC has struggled to regain momentum compared to its competitors. This price decline has led to a loss of investor confidence, making it harder for Loopring to attract new users and developers to its platform.
The lack of consistent price action and growth may signal trouble for the long-term sustainability of the project. If Loopring fails to regain its market position, it could see continued sell-offs, further damaging its prospects for recovery.
Struggles with Ecosystem Expansion
Another challenge for Loopring is its ecosystem’s relatively slow expansion. Many of its competitors, like Polygon, have developed vibrant ecosystems filled with DeFi projects, NFT platforms, and partnerships with major players in the space. In contrast, Loopring has lagged behind in attracting the same level of development activity.
For Loopring to recover, it will need to focus on building a stronger, more dynamic ecosystem. More dApps, collaborations with other DeFi platforms, and increased developer activity could give Loopring the boost it needs to regain traction. However, without significant growth in its ecosystem, it risks becoming overshadowed by more successful layer-2 projects.
The Path to Recovery: What Needs to Change?
For Loopring to find a path to recovery, several key factors need to change:
1. Improving User Experience: Loopring must focus on enhancing the user experience on its DEX protocol to compete with centralized exchanges. This includes better interfaces, liquidity incentives, and faster transactions. Without improving the overall user experience, adoption will remain low.
2. Attracting Developers: A thriving ecosystem is built by developers who create innovative applications. Loopring needs to increase developer incentives and partnerships to attract talent to build on its platform. A more vibrant ecosystem could spark renewed interest in LRC and the project as a whole.
3. Increased Focus on Marketing: Many successful projects have strong marketing and community engagement efforts. Loopring will need to step up its game in terms of awareness and communication with its user base. Stronger branding and outreach could help rekindle interest in the project.
4. New Use Cases: Finally, Loopring must expand beyond its current DEX focus to explore new use cases that can set it apart from competitors. This could include building on its zkRollup technology to support NFTs, gaming, or other DeFi innovations.
Conclusion: Uncertain but Not Impossible
While Loopring faces significant challenges, it’s not without potential. If the project can address its scalability, ecosystem growth, and user experience issues, it could still carve out a niche in the rapidly evolving DeFi space. However, without major changes and improvements, the path to recovery will be difficult.
💬 What are your thoughts on Loopring’s future? Do you see a path for recovery, or is LRC too far gone? Share your opinions and strategies in the comments below!
Make sure to follow me for more insights on crypto projects and investment trends.
#Loopring #LRC #DeFi #CryptoInvesting #Binance
🚀 $LRC Trade Setup
LRCUSDT (Perpetual)
Current Price: 0.12082 (+0.96%)
🔥 #LRCUSDT Binance Futures Signal
🟢 Long Entry: 0.1215 - 0.1184
LeverageCross (10X)
🎯 Take Profit Targets:
1️⃣ 0.1231
2️⃣ 0.1249
3️⃣ 0.1280
4️⃣ 0.1307
5️⃣ 0.1349 ➕
⚠️ Stop Loss:0.1142
Get ready to ride the Loopring wave! 💥
#Loopring #LRCUSDT #Cryptosignals #BinanceTradingPair $LRC
LRCUSDT (Perpetual)
Current Price: 0.12082 (+0.96%)
🔥 #LRCUSDT Binance Futures Signal
🟢 Long Entry: 0.1215 - 0.1184
LeverageCross (10X)
🎯 Take Profit Targets:
1️⃣ 0.1231
2️⃣ 0.1249
3️⃣ 0.1280
4️⃣ 0.1307
5️⃣ 0.1349 ➕
⚠️ Stop Loss:0.1142
Get ready to ride the Loopring wave! 💥
#Loopring #LRCUSDT #Cryptosignals #BinanceTradingPair $LRC
🤝 Loopring (LRC), the Ethereum layer 2 ZK rollup protocol, partners with zkPool, a zero-knowledge (zk) infrastructure company, with plans to integrate zk technology for protocol optimization and reducing proof-of-stake (PoS) costs in the future. 🚀🔗 #Loopring #zkPool #EthereumLayer2