Below is the latest update on prices and short-term Futures trading strategies for three cryptocurrencies: Loopring (LRC), MANTRA (OM), and Toncoin (TON), based on real-time data and technical analysis:
1. Loopring (LRC)
🧾 Market information
Current price: $0.1088
24h volatility: +14.7%
24h trading volume: $184.57 million
Market capitalization: $150.45 million
Circulating supply: 1.37 billion LRC
CoinMarketCap rank: #261
All-time high (ATH): $3.92 (November 2021)
All-time low: $0.02 (December 2019)
📊 Technical analysis
✅ 15-minute timeframe
RSI (14): 44.54 – Neutral
Williams %R: -93.75 – Buy
MACD: <0.01 – Buy
ADX (14): 16.73 – Buy
CCI (14): -48.96 – Neutral
✅ 1-hour timeframe
Trend: Strong increase
Support: $0.0906
Resistance: $0.0952 – $0.1019
Signal: Price breaking resistance at $0.0952 may aim towards $0.1019. If it falls below $0.0906, it may enter an accumulation phase.
✅ 4-hour timeframe
EMA 20 line: $0.10 – Dynamic support
EMA 50 line: $0.11 – Short-term resistance
Signal: Price is testing the EMA 20 support level. If it holds, it may continue the uptrend.
✅ 1-day timeframe
EMA 50: $0.10 – Medium-term support
EMA 100: $0.12 – Long-term resistance
EMA 200: $0.15 – Long-term resistance
Signal: Price needs to surpass EMA 100 to confirm the long-term uptrend.
📈 Short-term Futures strategy
Position: Long
Entry point: $0.1088
Profit target (TP): $0.115 – $0.12
Stop loss (SL): $0.099
Risk-to-Reward ratio: Minimum 1.5:1
🔍 Summary of news in the past 24 hours
Loopring has shown a strong price increase in the past 24 hours, achieving a gain of over 14%.
Trading volume has surged, indicating significant interest from investors.
No notable negative news in the past 24 hours
🔮 Short-term forecast
If the price holds above support at $0.10 and surpasses resistance at $0.12, it may aim towards the range of $0.13 – $0.14.
If the price drops below $0.10, it may return to support at $0.09 – $0.095.
2. MANTRA (OM)
• Current price: $0.4087
• 24h volatility: +4.11%
• 24h trading volume: $177.44 million
• Market capitalization: $392.02 million
Technical analysis:
• 15-minute timeframe: Price is in a short-term uptrend, with higher highs and higher lows.
• 1-hour timeframe: Price is above the EMA 50, uptrend continues.
• 4-hour timeframe: Price has surpassed resistance at $0.40, may continue to rise towards $0.45.
• 1-day timeframe: Long-term uptrend, further monitoring needed to determine new peaks.
Short-term Futures strategy:
• Position: Long
• Entry point: $0.409
• Profit target (TP): $0.45
• Stop loss (SL): $0.39
3. Toncoin (TON)
• Current price: $3.01
• 24h volatility: -0.38%
• 24h trading volume: $110.33 million
• Market capitalization: $7.49 billion
Technical analysis:
• 15-minute timeframe: Price is fluctuating around $3.00, with no clear trend.
• 1-hour timeframe: Price is below the EMA 50, slight downtrend.
• 4-hour timeframe: Price is testing support at $2.95, if broken, may decline further.
• 1-day timeframe: Long-term downtrend, further monitoring needed to determine new lows.
Short-term Futures strategy:
• Position: Short
• Entry point: $3.01
• Profit target (TP): $2.90
• Stop loss (SL): $3.10
Note: The above strategy is based on technical analysis and current data. Please adjust according to your risk appetite and profit targets.