Loopring / TetherUS
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LRC Loopring - Quiet before the STORM ?

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Hi Traders, Investors and Speculators ๐Ÿ“ˆ๐Ÿ“‰

Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. ๐Ÿ‘ฉ๐Ÿซ

Loopring / LRCUSDT has been trading under its 50 day moving average for a few weeks now (this is the weekly chart). This means that the chart is heavily oversold from the MA perspective and a correction is due.
This is bullish, because a correction back towards the 50d MA is expected, even if we get rejected there it will still be an easy, low risk high reward setup that could provide +140%. Keep an eye out on this altcoin and the price action along the moving averages !

Have a great weekend, the charts will be here on Monday ๐Ÿฅ‚


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CryptoCheck
Nota
LRC looking good for this month. Bottom in, huge upside potential:
syot kilat

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