So on loop ring lrc coin you have three dip scenarios right now in front of you one could give you around 34 percent gains 62 percent gains and 20 gains
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by looking at the weekly chart right here and you can see this coin made a high at about 3.85 and since after that it has corrected around 92 percent and right now it is trading near the 62 cents region
and you can also see this trend is down you can see it is making a lower lows and lower highs on the weekly time frame but right now i can see two levels right here one is this around 40 cents you can see a nice support area
here here and here and price has started to bounce and i can also see our resistance area right here as well you can see at around 65 cents you can see a resistance level right here
so basically the price is trading in this narrow range of support and resistance on the weekly time frame and let me go to the daily time frame to analyze this further on the daily time
frame you can see the trend is clearly on the downtrend and right now we are hitting a resistance so guys be very very careful here i'm seeing lots of altcoins are hitting a resistance here
so we might get a breakout or we might get a crash in these altcoins so we are at the very very critical level on the market let's go to the 4r chart to analyze this further and if you guys
want to buy this coin based on your own reasons then i can see this level at around 50 cents region you can see a nice support area right here all the way so not a financial advice but if
you guys buy right here then you can target the next resistance area and that can give you around 35 percent gains here but as i said this is a risky one because the overall trend
is down and we are hitting a resistance area on the daily time frame so be careful and have that in mind another support level i can see is right here at around 43 cents and 40 cents region
this whole region could present you a nice buying opportunity so let's say if you guys buy somewhere here then your target should be at the next resistance and that will give you around 20 gains
or you can take the target at the next resistance higher resistance area and that will give you around sixty two percent gains here
so on loop ring lrc coin you have three dip scenarios right now in front of you one could give you around 34 percent gains 62 percent gains and 20 gains here.