The next couple of weeks will show whether Loopring would find the support at $0.02 or would it keep on sliding down below that level. The first week of the year is generally positive for the coin as it has even shown slight gains, which amounted to 2.5%. But that is definitely not the reason to begin stocking up on LOOM just yet. If my calculations are right, the price will consolidate for quite a while.
It seems that Loorping has been designed specifically for the CoinMex cryptocurrency exchange. Two markets on this platform - LRC/ETH and LRC/USDT - account for more than 60% of the total trading volume of that coin. Needless to say that it could be a very fertile ground for different price and volume manipulations, as well as the pump-and-dump initiatives. I would suggest getting involved with Loorping only if you are an avid fan of this cryptocurrency - which provides a good solution for traders, by the way - or have access to insider information.
Loopring is pumping like crazy!! This coin just blasted off upwards of 30% within the last day. When was the last time any of us saw this type of insane move? This feels like 2017 all over again but I have zero clue what to do. This isn't retail investors at this point. They all got burned by the crash and scared away. No way, this is institutional money guaranteed. They are in. They are the only ones who could boost 20+ billion dollars into bitcoin alone. Look at the volume and tell me this doesn't seem different. Loopring is about to 2x in the next few days, I can feel it. Just strap in and hold tight, we're heading for the moon.
LRC is still just another DEX. I'm not sure how many people really still believe in the platform but I can say the monthly chart has lined up basically perfectly to send it back to its original levels in late 2017. I'm a big fan of TA and i've made a huge amount from playing the TA side of the market. The analysis is here for the picking and LRC is the next coin to pull an ENJ style pump!
Loopring is an awesome project. Anyone can create a fully working DEX through their platform. This possibility opens an entirely new era of peer to peer trading basically the ultimate way Satoshi wanted Bitcoin to be. Ever since whales started controlling Bitcoin, we need to begin looking at other projects that keep Satoshi's vision ALIVE.
Exchange manipulation of one of the tools to drive the price in the right direction. Work on the product, improvement, elimination of bugs, everything related to the quality of the platform should naturally be displayed on the value of the coin. Without news and everything else, what manipulation will you need to work with such a project?
* Crypto Rating accepts no liability for content of the Loopring reviews made by the site users. The entire responsibility for the contents rests with the authors.
Top Cryptocurrencies with Price Predictions
| # | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
| 1 |  BTC |
Bitcoin predictions | 70.4% | 54 | $28 066.66 | 1.34% | 4.74% | $542 437 239 798 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 79.2% | 39 | $1 789.57 | 1.88% | 2.34% | $218 996 509 081 |  |
|
| 3 |  USDT |
Tether predictions | 93.6% | 1 | $1.001142 | -0.17% | -0.11% | $78 575 728 756 |  |
|
| 4 |  BNB |
Binance Coin predictions | 73.6% | 51 | $323.24 | -0.82% | -3.97% | $51 037 143 522 |  |
|
| 5 |  USDC |
USD Coin predictions | 92.8% | 2 | $0.999814 | 0.02% | 0.03% | $34 407 684 690 |  |
|
| 6 |  XRP |
XRP predictions | 86.8% | 21 | $0.431011 | -2.63% | 15.02% | $21 960 407 308 |  |
|
| 7 |  HEX |
HEX predictions | 58.8% | 82 | $0.100734 | -20.12% | 13.44% | $17 468 467 379 |  |
|
| 8 |  ADA |
Cardano predictions | 78% | 44 | $0.362106 | -2.95% | 6.35% | $12 572 910 866 |  |
|
| 9 |  STETH |
Lido stETH predictions | 96% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
|
| 10 |  DOGE |
Dogecoin predictions | 71.6% | 51 | $0.074956 | -3.44% | -1.02% | $9 944 529 563 |  |
|
| 11 |  MATIC |
Polygon predictions | 74.4% | 48 | $1.11 | -1.27% | -8.22% | $9 721 254 465 |  |
|
| 12 |  SOL |
Solana predictions | 71.6% | 52 | $21.64 | -0.76% | 4.61% | $8 304 118 412 |  |
|
| 13 |  BUSD |
Binance USD predictions | 94% | 1 | $0.999612 | -0.02% | -0.10% | $8 060 892 614 |  |
|
| 14 |  DOT |
Polkadot predictions | 74.8% | 49 | $6.14 | -0.90% | -5.11% | $7 183 412 082 |  |
|
| 15 |  LTC |
Litecoin predictions | 70.4% | 59 | $92.03 | 0.57% | 9.30% | $6 677 190 783 |  |
