Deep Dive
1. Technical Momentum (Bullish Impact)
Overview:
LRC reclaimed its 23.6% Fibonacci retracement level ($0.055), with MACD histogram turning positive for the first time since December 2025. The 7-day RSI (62.25) shows room for further upside before overbought territory.
What this means:
Traders often interpret MACD crossovers as trend reversal signals. The Fibonacci break suggests short-term bullish momentum, though the 30-day SMA ($0.054) remains a resistance level. Volume rose 49% to $14.2M, lending credibility to the move.
What to look out for:
A sustained close above $0.056 (50% Fibonacci level) could target $0.061. Failure to hold $0.055 may trigger a retest of $0.049 support.
2. Exchange Delistings (Bearish Impact)
Overview:
Coinbase will suspend LRC/USDT and LRC/BTC trading on December 15, 2025, following ProBit's October 2025 delisting. Only USD pairs remain on major exchanges.
What this means:
Reduced trading pair availability typically lowers liquidity and institutional interest. LRC's 24h turnover ratio of 0.189 already signals thin markets, increasing volatility risks.
3. Altcoin Season Speculation (Mixed Impact)
Overview:
The CMC Altcoin Season Index rose 33% monthly to 28, with analysts like Klarck positioning LRC as a potential rotation target.
What this means:
While still in "Bitcoin Season," improving altcoin metrics suggest traders are diversifying. However, LRC's -69% annual return vs. BTC's dominance at 58.99% limits upside potential.
Conclusion
Loopring’s price reflects technical traders capitalizing on oversold conditions, countered by structural liquidity challenges from exchange exits. Key watch: Whether the MACD momentum sustains through the 50% Fibonacci level ($0.056) – a break could signal short-term continuation, but deteriorating exchange support favors caution.