📉 $LRC Down 3% — Support & Resistance Analysis: Is a Bounce Coming?

Current price: approximately $0.1035, reflecting a slight dip (~–3%) today.

Support Levels

‱ $0.0974 – Key 50% Fibonacci retracement (suggests support if the price pulls back)

‱ $0.097 / $0.0885 – Additional support zone; failure below $0.097 could lead to retesting $0.0885 SMA.

Resistance Levels

‱ $0.1022 / $0.1023 – Immediate resistance. Breaking this is key for near-term bullish continuation.

‱ $0.1082 – Next upside resistance if bulls push past $0.102.

‱ RSI around 57–60 indicates neutral to slightly bullish territory.

‱ MACD histogram is rising, showing positive momentum emerging.

Bottom Line

‱ Buying the dip at current levels may offer a favorable risk-reward setup, provided you’re comfortable with crypto volatility.

‱ A break above $0.1023 could be bullish, while a drop below $0.097 may suggest further downside.

‱ Use appropriate stop-loss strategies near support zones to manage risk effectively.

#LRC #Loopring #CryptoTrading #CryptoInvetsment #BuyTheDip

📈 Start Trading Now $LRC

LRC
LRC
--
--