Market Overview for Loopring/Tether (LRCUSDT) - November 13, 2025

Summary• Loopring/Tether traded in a 0.0633–0.0668 range, closing near mid-range.• Momentum slowed near key resistance, with RSI hinting at oversold recovery.• Volume surged in late hours, suggesting possible short-term consolidation.

Market Overview

The Loopring/Tether (LRCUSDT) pair opened at $0.0662 on 2025-11-12 at 12:00 ET, hit a 24-hour high of $0.0668, and closed at $0.0651 on 2025-11-13 at 12:00 ET. Price traded within a $0.0035 range, with total volume of 10,169,439.0 and notional turnover of approximately $636,700 (based on average close prices). The price appears to consolidate after an aggressive push toward prior resistance near $0.0662–$0.0668 in the last 12 hours.

Structure & Formations

Price action showed key resistance at $0.0662–$0.0668, where candlestick patterns like bearish hammers and dojis signaled indecision. A bullish engulfing pattern appeared at the 12:00–12:15 ET candle, indicating a potential short-term reversal. A clear support level formed at $0.0649, which was tested multiple times with mixed results, suggesting a potential area for retests in the next 24 hours.

Moving Averages

On the 15-minute chart, the 20-period MA crossed above the 50-period MA in the last 4–5 hours, indicating a short-term bullish bias. However, the 50-period MA on the daily chart remains above the 200-period MA, reinforcing the bearish trend at the higher time frame. This divergence suggests a potential consolidation phase before a breakout or breakdown.

MACD & RSI

MACD showed a narrowing histogram and crossed below the signal line, signaling a weakening bullish momentum. RSI entered oversold territory below 30 around 19:30 ET and showed a tentative recovery near 45 by close. This suggests a possible short-term bounce but not a strong reversal. A sustained move above 50 would indicate renewed buying interest.

Bollinger Bands

Volatility expanded in the late hours as price tested the upper band near $0.0668, indicating increased market activity. The closing candle was just below the upper band, with a narrow range, hinting at potential exhaustion near resistance. The bands themselves widened from a 0.0015 to 0.0035 range, suggesting increased uncertainty and potential for a breakout.

Volume & Turnover

Trading volume spiked after 14:00 ET with a total of ~1.07M contracts traded in the 2-hour window, coinciding with price reaching the $0.0663–$0.0668 range. Turnover was also highest in this period, confirming the strength of the move. A divergence appeared in the last 30 minutes, with volume declining despite price testing upper resistance, suggesting potential bearish pressure ahead.

Fibonacci Retracements

Fib levels on the recent 15-minute swing from $0.0649 to $0.0668 showed price closing near the 38.2% retracement at $0.0657. On the daily chart, the 61.8% retracement lies near $0.0655, which could serve as a target for short-term buyers. A move below $0.0649 would bring the 78.6% level at $0.0642 into focus for further bearish pressure.

Backtest Hypothesis

The backtest of a simple “hold 1 day” strategy over the 2022–2025 period shows significant underperformance, with a total return of -35.2% and an average trade loss of -2.0%. Despite some positive trades, such as a +3.1% gain, most outcomes were negative, with frequent losses of ~-5.0%. The poor Sharpe ratio of -0.76 and max drawdown of -38.0% suggest that a purely directional, time-based strategy in LRCUSDT is not robust. The results highlight the importance of incorporating stop-loss and take-profit rules or using more refined indicators to filter trades, rather than relying on a fixed holding period.