The price of Loopring ($LRC ) has soared to $0.0956, showing an 11.2% increase in the last 24 hours! 📈 The 4-hour chart shows a bullish trend: the price is above the 50-day moving average ($0.09), and the RSI (60-70) confirms momentum without being overbought. The trading volume ($25.67M) reflects market interest.
Short-term forecast: $LRC may test resistance at $0.11–$0.12 (+15–25%). A breakout above will pave the way to $0.16, which promises a growth of up to 67%! Support at $0.09–$0.092 is critically important – a drop below may lead to a correction to $0.08. Long-term outlook: by 2030, LRC could reach $0.0723–$0.0923 due to zkRollup and DeFi integrations.
Growth factors: Layer 2 scalability, partnerships, and DeFi growth. However, regulatory risks and competition may impact.
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