Market Overview for Loopring/Tether (LRCUSDT)

Generated by AI AgentAinvest Crypto Technical RadarReviewed byShunan Liu
Sunday, Dec 28, 2025 12:14 pm ET1min read
LRC
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Aime RobotAime Summary

- Loopring/Tether (LRCUSDT) tested $0.0545 resistance but fell to $0.0537 amid bearish engulfing patterns and bearish divergence in MACD/RSI.

- RSI entered oversold territory (<30) and Bollinger Bands contracted, signaling potential volatility expansion and short-term rebound possibilities.

- Volume spiked during key price movements (01:00–01:30 ET) while 20/50-period moving averages crossed below price, reinforcing downward momentum.

- Consolidation near $0.0537 support suggests possible bounce toward 50-period MA, but breakdown below $0.0536 could trigger deeper corrections.

Summary
• Price tested resistance at $0.0545, failed to hold, and drifted lower into $0.0537.
• Volume spiked during the 01:00–01:30 ET session, indicating heightened interest.
• RSI entered oversold territory, suggesting potential for a near-term bounce.
• Bollinger Band contraction observed around 13:00–15:00 ET, signaling possible volatility expansion.
• A bearish engulfing pattern formed around 01:45–02:00 ET, confirming downward pressure.

Loopring/Tether (LRCUSDT) opened at $0.0545 on 12:00 ET–1 and reached a high of $0.0547, while hitting a low of $0.0536, closing at $0.0537 as of 12:00 ET. Total traded volume was 7,956,870, and notional turnover reached $430,094.45 in the 24-hour window.

Structure and Candlestick Patterns


The 5-minute chart shows a bearish bias, with a bearish engulfing pattern forming around 01:45–02:00 ET. A doji formed at 07:00–07:15 ET, suggesting indecision. Key resistance appears at $0.0545–0.0546, and support levels are forming around $0.0537–0.0539.

Moving Averages


On the 5-minute chart, the 20-period and 50-period moving averages have crossed below the price, reinforcing bearish momentum. For the daily chart,
Loopring
appears to be trending below its 200-period moving average, suggesting a longer-term downtrend.

MACD and RSI


MACD has turned negative with bearish divergence, aligning with the recent price decline. RSI has dropped to oversold territory (below 30), indicating a potential pullback may be near.

Bollinger Bands


Bollinger Bands contracted between 13:00–15:00 ET, signaling a potential increase in volatility. Price appears to be consolidating near the lower band at $0.0537, suggesting a possible rebound or continued bearish drift.

Volume and Turnover


Volume spiked between 01:00–01:30 ET and again around 11:45–12:00 ET, coinciding with significant price movements. Turnover has remained steady, showing consistent trading interest. No notable divergence between volume and price was observed, indicating solid confirmation of the downward trend.

Fibonacci Retracements


On the 5-minute chart, a pullback to the 61.8% retracement level (around $0.0538) appears to have stalled, suggesting limited bearish momentum from recent highs. On a broader daily scale, the 61.8% retracement of a key recent uptrend aligns with current support levels.

Over the next 24 hours, a potential bounce off $0.0537–0.0538 could test the 50-period moving average. However, a breakdown below $0.0536 may signal a deeper correction. Investors should remain cautious as consolidation phases often precede sharp breakouts.