AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Summary
• Price consolidated between $0.0552 and $0.0616 on
Loopring/Tether (LRCUSDT) opened at $0.0616 on the 5-minute chart 24 hours ago and traded as high as $0.0625 before declining to a low of $0.0552, closing at $0.0565 as of 12:00 ET. Total volume reached 18.03 million LRC, with a notional turnover of approximately $1.05 million over the period.
Price action on LRCUSDT has shown a bearish consolidation between $0.0552 and $0.0616, with support levels identified at $0.0565 and $0.0552. A notable doji formed around $0.0572 during the morning hours, suggesting indecision among buyers and sellers. No strong reversal patterns emerged, though a potential short-term base has begun forming above $0.0552.
On the 5-minute chart, the 20-period and 50-period moving averages have trended lower throughout the period, with price consistently trading below both. This suggests a short-term bearish bias.

The RSI for LRCUSDT dipped below 30 in the latter half of the period, signaling a potential oversold condition. However, the indicator has yet to generate a strong bullish reversal. MACD showed a narrowing histogram and a bearish crossover earlier in the session, which may indicate waning bearish momentum.
Bollinger Bands reflected a contraction in volatility during the early hours, followed by expansion after a sharp move lower into the early morning. Price has recently remained within the lower half of the bands, which may suggest a continuation of the downward move.
Volume spiked in the early hours (after 21:00 ET) as price moved lower, with a peak at 2.1 million LRC traded around 00:00 ET. However, recent upward moves into the midday have failed to attract follow-through volume. This divergence may signal weak conviction in the rally and increased likelihood of a pullback.
LRCUSDT appears to be forming a short-term base between $0.0552 and $0.0565, with a potential test of the $0.0565–$0.0572 resistance zone ahead. While RSI is in oversold territory, a sustained break above $0.0572 would be needed to confirm a reversal. Investors should remain cautious, as the asset remains within a broader bearish structure. A breakdown below $0.0552 could trigger further declines toward $0.0545.
Decoding market patterns and unlocking profitable trading strategies in the crypto space

Dec.19 2025

Dec.19 2025

Dec.19 2025

Dec.19 2025

Dec.19 2025
Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet