Loopring ($LRC ) has recently experienced a notable upward movement, rising from $0.0768 to $0.0855—an increase of nearly 10%. This surge is reflected in consistent green candles on the 1-hour chart, indicating strong bullish momentum. The price has broken above recent highs and is maintaining its position, suggesting the continuation of the uptrend.
Long Trade Setup:
Entry Zone: $0.0839 – $0.0856
Stop Loss: Below $0.0815
Target 1: $0.0889
Target 2: $0.0924
As long as the price remains above $0.0829, the bullish trend is expected to persist. Any pullbacks toward this level may present favorable opportunities for entering continuation trades.
