Market Overview for Loopring/Tether (LRCUSDT): 24-Hour Analysis

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Friday, Jan 9, 2026 12:21 pm ET1min read
LRC
--
Aime RobotAime Summary

- Loopring/Tether (LRCUSDT) tested $0.0534–0.0536 resistance multiple times but failed to hold, showing bearish pressure.

- Volume spiked during the bullish breakout attempt, but price closed lower, confirming bearish divergence and RSI entering oversold territory.

- Volatility expanded during the morning session, with price consolidating near $0.0529–0.0532 support after a failed bullish engulfing pattern.

- Fibonacci retracement levels at $0.0541 (61.8%) and $0.0536 (38.2%) highlight critical thresholds for potential retests or further declines.

Summary
• Price tested key resistance near $0.0534–0.0536 but failed to hold, suggesting bearish pressure.
• Volume surged during the bullish breakout attempt, but price closed lower, indicating bearish divergence.
• RSI entered oversold territory, hinting at potential near-term rebound, but trend remains mixed.
• Volatility expanded during the morning session, with price moving within a defined range post-breakout failure.
• A bullish engulfing pattern appeared late in the session but was quickly negated by renewed selling.

Loopring/Tether (LRCUSDT) opened at $0.0527 and reached a high of $0.0551 before closing at $0.053 at 12:00 ET. The pair saw a 24-hour trading volume of ~12.27 million LRC and a turnover of ~$655,780.

Structure and Key Levels


Price tested a resistance cluster at $0.0534–0.0536 multiple times, with a final attempt during the 21:30–21:45 ET window. A bullish engulfing pattern emerged at $0.0536–0.0541, but subsequent selling invalidated the signal.
A key support level appears to have formed at $0.0529–0.0532, holding through the final hours.

Momentum and Overbought/Oversold Conditions


RSI fluctuated within a tight range but dipped into oversold territory toward the session close, hinting at potential short-term buying interest. MACD remained in a neutral to bearish phase, with a bearish crossover occurring near the end of the day, reinforcing the downward bias.

Volatility and Bollinger Bands


Volatility expanded significantly during the breakout attempt, with price reaching the upper band before retracting. In the latter half of the session, volatility contracted again, indicating consolidation. Price closed near the lower Bollinger band, suggesting potential for a rebound.

Volume and Turnover Divergence


Notional turnover spiked during the 21:30–22:30 ET window, with a large volume spike and a sharp price rise to $0.0551. However, price closed lower by the session’s end, signaling bearish divergence. Volume during the final 4 hours was moderate but aligned with sideways price action.

Key Retracement Levels


Fibonacci retracement levels from the $0.0529–0.0551 swing suggest 61.8% at $0.0541 and 38.2% at $0.0536 as critical levels. The recent pullback has stalled near the 38.2% level, indicating a possible consolidation phase.

Price appears to be in a transitional phase, with bulls attempting to hold above $0.0529 but failing to break through key resistance. Over the next 24 hours, a break above $0.0541 could signal a retest of earlier highs, but a close below $0.0529 would raise bearish concerns. Investors should monitor volume during any potential breakouts for confirmation.